BitNewChain price prediction

Our price prediction is based on hi-resolution deal analysis from cryptocurrency exchanges. We are collecting and gather statistics to obtain price support levels that show most important zones witch traders want to buy or sell stocks. These buy/sell histograms showed in report combined with current trend analysis can be used to build high probability forecasting of future price trends. It also can be useful to set a price on calculated levels to be sure maximum profit was received.

Disclaimer
Cryptocurrency trading involves substantial risk of loss and is not suitable for every investor. All trading strategies are used at your own risk. This page performs statistical analysis of past data and can be used for assumptions about the future only taking into account the statistical probability

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BitNewChain price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of BTN has broken last trend and will RAISE from the support level $0.0011480001

Historic price levels for next 24 hours

These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
Price Weight(level power) Date of formation

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.0011480001 Minimal price support level based on 24 hours movements

BitNewChain price levels prediction for next 7 days

Next 7 days brief prediction

Price of BTN will be traded in CHANNEL near to $0.0026480001 with $0.0026930002 as upper border and $0.0010820001 as bottom.

Historic price levels for next 7 days

These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
Price Weight(level power) Date of formation
$0.007482097018510103 Weight: 63.049 30 Sep 2019
$0.006506412290036678 Weight: 100 18 Oct 2018
$0.004672101698815823 Weight: 19.207 26 Jan 2020
$0.0038299744483083487 Weight: 37.555 01 Nov 2019

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.0026930002 Channel maximum price resist level based on 7 days movements
0.0010820001 Channel minimum price resist level based on 7 days movements

BitNewChain price levels prediction for next 30 days

Next 30 days brief prediction

Price of BTN has broken last trend and will FALL from the support level $0.001895

Historic price levels for next 30 days

These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
Price Weight(level power) Date of formation
$0.01744936965405941 Weight: 51.848 15 Oct 2018
$0.0170750729739666 Weight: 31.52 12 Sep 2019
$0.01577172800898552 Weight: 33.861 20 Feb 2019
$0.007482097018510103 Weight: 63.049 30 Sep 2019
$0.006506412290036678 Weight: 100 18 Oct 2018
$0.004672101698815823 Weight: 19.207 26 Jan 2020
$0.0038299744483083487 Weight: 37.555 01 Nov 2019

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.001895 Maximum price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.55125993 details, prediction
0.54347384 details, prediction
0.44536537 details, prediction
0.43484852 details, prediction
0.42544845 details, prediction
Second tier
0.59661365 details, prediction
0.5965997 details, prediction
0.5783186 details, prediction
0.5613362 details, prediction
0.5559112 details, prediction
Third tier
0.776266 details, prediction
0.70101863 details, prediction
0.6809909 details, prediction
0.6602692 details, prediction
0.65393 details, prediction


This report should be leaned to get most info about heading trends. It means that BitNewChain price can be leaded by other, more mighty cryptocurrency, or maybe some market trend have affect on it.

It can be confidently asserted that any crypto currency has a significant dependence on the market as a whole and, in particular, the top 3 currencies - Bitcoin, Ethereum and Ripple, so the prediction of their prices will affect the price of BitNewChain
Low correlated currencies
Coin Correlation Links
First tier
-0.556964 details, prediction
-0.42674968 details, prediction
-0.40959653 details, prediction
-0.38131702 details, prediction
-0.35483515 details, prediction
Second tier
-0.44517416 details, prediction
-0.44312584 details, prediction
-0.42752716 details, prediction
-0.40995213 details, prediction
-0.40023103 details, prediction
Third tier
-0.72792715 details, prediction
-0.65123874 details, prediction
-0.6197143 details, prediction
-0.57040316 details, prediction
-0.5414482 details, prediction


This report should be leaned to build highly diversified portfolio.
It makes sense to mention that a low correlation in this case includes not only coins whose movements are not statistically related but, on the contrary, move in opposite directions (in the case of a negative value of the parameter)