BTC.X's Stochastic Oscillator entering oversold zone

The Stochastic Oscillator for BTC.X moved into oversold territory on June 02, 2024. Be on the watch for the price uptrend or consolidation in the future. At that time, consider buying the stock or exploring call options.

Technical Analysis (Indicators)

Bullish Trend Analysis

BTC.X moved above its 50-day moving average on May 15, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for BTC.X crossed bullishly above the 50-day moving average on May 20, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 8 of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 42%.

Following a +0.39% 3-day Advance, the price is estimated to grow further. Considering data from situations where BTC.X advanced for three days, in 196 of 434 cases, the price rose further within the following month. The odds of a continued upward trend are 45%.

The Aroon Indicator entered an Uptrend today. In 206 of 431 cases where BTC.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 48%.

Robot factory Trading Results for last 12 months
BTC.X
Crypto Pattern Trading at Trend Reversal Points (TA)5.17%
Swing Trader: Crypto Pattern Trading in High-Volatility Markets (TA)3.97%

$BTC

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