BITCOIN - BTC/USDT - 15 min. - Technical analysis published on 04/09/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 71,154.96 USDT
My targets
67,452.78 USDT (-1.86%)
65,837.76 USDT (-4.21%)
My analysis
The bearish trend is currently very strong for BITCOIN - BTC/USDT. As long as the price remains below the resistance at 71,154.96 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 67,452.78 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 65,837.76 USDT as an objective. Crossing it would then enable sellers to target 64,563.36 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.4
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This analysis was given by Medhanie. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BITCOIN - BTC/USDT rating 68,730.01 USDT. On the day, this instrument lost -4.05% with the lowest point at 68,241.55 USDT and the highest point at 71,755.38 USDT. The deviation from the price is +0.72% for the low point and -4.22% for the high point.68,241.55
71,755.38
68,730.01
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BITCOIN - BTC/USDT:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this BITCOIN - BTC/USDT chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 5 are bullish, 6 are neutral and 7 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 64,563.36 | 65,974.85 | 67,514.20 | 68,730.01 | 68,885.86 | 71,243.10 | 72,109.12 |
| Change (%) | -6.06% | -4.01% | -1.77% | - | +0.23% | +3.66% | +4.92% |
| Change | -4,166.65 | -2,755.16 | -1,215.81 | - | +155.85 | +2,513.09 | +3,379.11 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 65,837.76 | 67,452.78 | 69,539.94 | 71,154.96 | 73,242.12 | 74,857.14 | 76,944.30 |
| Camarilla | 70,609.01 | 70,948.38 | 71,287.74 | 71,627.11 | 71,966.48 | 72,305.84 | 72,645.21 |
| Woodie | 66,073.84 | 67,570.82 | 69,776.02 | 71,273.00 | 73,478.20 | 74,975.18 | 77,180.38 |
| Fibonacci | 67,452.78 | 68,867.01 | 69,740.72 | 71,154.96 | 72,569.19 | 73,442.90 | 74,857.14 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 58,359.82 | 61,457.01 | 65,176.51 | 68,273.70 | 71,993.20 | 75,090.39 | 78,809.89 |
| Camarilla | 67,021.43 | 67,646.29 | 68,271.16 | 68,896.02 | 69,520.88 | 70,145.75 | 70,770.61 |
| Woodie | 58,670.99 | 61,612.59 | 65,487.68 | 68,429.28 | 72,304.37 | 75,245.97 | 79,121.06 |
| Fibonacci | 61,457.01 | 64,060.98 | 65,669.72 | 68,273.70 | 70,877.67 | 72,486.41 | 75,090.39 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49,192.79 | 54,597.00 | 62,941.73 | 68,345.94 | 76,690.67 | 82,094.88 | 90,439.61 |
| Camarilla | 67,505.49 | 68,765.81 | 70,026.13 | 71,286.45 | 72,546.77 | 73,807.09 | 75,067.41 |
| Woodie | 50,663.04 | 55,332.13 | 64,411.98 | 69,081.07 | 78,160.92 | 82,830.01 | 91,909.86 |
| Fibonacci | 54,597.00 | 59,849.10 | 63,093.85 | 68,345.94 | 73,598.04 | 76,842.79 | 82,094.88 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 38.01 | |
| MACD (12,26,9): | -349.1800 | |
| Directional Movement: | -17.94 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 68,607.69 | |
| Parabolic SAR (0,02-0,02-0,2): | 68,429.19 | |
| Elder Ray (13): | -125.07 | |
| Super Trend (3,10): | 69,718.74 | |
| Zig ZAG (10): | 68,686.89 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 55.76 | |
| TEMA (21): | 68,600.20 | |
| Williams %R (14): | -48.85 | |
| Chande Momentum Oscillator (20): | -246.34 | |
| Repulse (5,40,3): | -0.0600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0900 | |
| Courbe Coppock: | 1.17 |
| MA7: | 68,708.46 | |
| MA20: | 68,374.07 | |
| MA50: | 65,166.56 | |
| MA100: | 54,903.71 | |
| MAexp7: | 68,850.71 | |
| MAexp20: | 69,112.21 | |
| MAexp50: | 69,762.56 | |
| MAexp100: | 70,261.80 | |
| Price / MA7: | +0.03% | |
| Price / MA20: | +0.52% | |
| Price / MA50: | +5.47% | |
| Price / MA100: | +25.18% | |
| Price / MAexp7: | -0.18% | |
| Price / MAexp20: | -0.55% | |
| Price / MAexp50: | -1.48% | |
| Price / MAexp100: | -2.18% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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