BITCOIN ELDER RAY
Are highs and lows pulling away from the average?
Calculation settings
Bitcoin Elder Ray
1D candles · Maketo combined market · 876 available candles in this view
Last closed candle: 2026-09-07 00:00:00 UTC. The reading uses completed candles.
Read the latest chart values as a table
| UTC candle start | High above average |
|---|---|
| 2026-06-24 00:00:00 UTC | $-493.23 |
| 2026-07-01 00:00:00 UTC | $280.32 |
| 2026-07-09 00:00:00 UTC | $1,060.82 |
| 2026-07-16 00:00:00 UTC | $1,501.61 |
| 2026-07-23 00:00:00 UTC | $1,597.22 |
| 2026-07-31 00:00:00 UTC | $1,183.51 |
| 2026-08-07 00:00:00 UTC | $1,201.37 |
| 2026-08-15 00:00:00 UTC | $-594.44 |
| 2026-08-22 00:00:00 UTC | $9,860.68 |
| 2026-08-30 00:00:00 UTC | $3,698.09 |
| 2026-09-06 00:00:00 UTC | $2,371.58 |
| 2026-09-07 00:00:00 UTC | $2,127.85 |
Cite or share this reading
The image captures the displayed chart. A view link restores settings and uses the latest available data; it is not a frozen historical record.
Maketo. Bitcoin Elder Ray (elder-ray; period 13), 1D candles, Maketo combined market. Last closed candle: 2026-09-07 00:00:00 UTC. Calculation version 1.0.0. https://maketo.com/technical-indicators/elder-ray#interval=1D&range=All&variant=elder-ray&settings=%7B%22period%22%3A13%7D
Source: <a href="https://maketo.com/technical-indicators/elder-ray">Maketo Bitcoin Elder Ray</a>
The daily reading
· Completed daily candles · Default settings
At the 2026-09-07 UTC close, the reading was 2,127.85. The previous available reading was 2,371.58. This compares each day’s high and low with a smoothed closing-price average. The selected period is 13 daily candles.
Daily value: $2,127.85. Rising.
This dated summary is calculated once after the daily close. Changing the live chart’s interval or settings does not rewrite it.
A dated Bitcoin example
On , Bitcoin Elder Ray read 2,127.85 on completed daily candles, using Elder Ray · period 13. This is the dated default calculation; a different candle interval answers a different question.
What does this reading describe?
Both measures above zero mean the entire candle traded above the average. A lower line moving toward zero can show a narrowing downward reach.
How is it calculated?
The upper measure is high minus a 13-candle exponential average of closes. The lower measure is low minus that same average.
Shared calculation conventionsWhat does a worked example look like?
With an average of $100,000, a high of $103,000 gives an upper reading of $3,000 and a low of $98,000 gives a lower reading of −$2,000.
What does this mean for you?
The lines describe candle geometry, not observed orders or trader intentions. One unusually wide candle can dominate the reading.
How does it compare?
Elder Ray compares candle extremes with an average. Force Index combines close changes with volume, adding an activity dimension.
Compare Bitcoin Force IndexUnderstanding Bitcoin Elder Ray
Where it stands today
At the 2026-09-07 UTC close, the reading was 2,127.85. The previous available reading was 2,371.58. This compares each day’s high and low with a smoothed closing-price average. The selected period is 13 daily candles. as of .
Elder Ray measures the space between the candle extremes and a smooth price reference. Its two lines describe upward and downward reach around that reference.