BITCOIN - BTC/EUR - 15 min. - Technical analysis published on 12/03/2022 (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:
Neutral
Underlying:
Bullish
Technical indicators
22%
22%
56%
My opinion
Bullish above 16,100.57 EUR
My targets
16,296.80 EUR (+0.77%)
16,369.23 EUR (+1.22%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on BITCOIN - BTC/EUR. As long as you are above the support located at 16,100.57 EUR, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 16,296.80 EUR would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 16,369.23 EUR as an objective. Crossing it would then enable buyers to target 16,493.03 EUR. If the support 16,100.57 EUR were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.9
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This analysis was given by Matsie1100. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN - BTC/EUR price is 16,172.21 EUR. The price is lower by -0.32% since the last closing and was traded between 16,154.11 EUR and 16,289.81 EUR over the period. The price is currently at +0.11% from its lowest and -0.72% from its highest.16,154.11
16,289.81
16,172.21
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/EUR:
Technical
Technical analysis of this 15 min. chart of BITCOIN - BTC/EUR indicates that the overall trend is bullish. The signals given by moving averages are 78.57% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
RSI indicator is back under 50
Type : Bearish
Timeframe : 15 minutes
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 15 minutes
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Black gravestone / inverted hammer
Type : Bearish
Timeframe : 15 minutes
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 15,414.70 | 15,753.80 | 15,946.20 | 16,172.21 | 16,245.40 | 16,376.30 | 16,552.40 |
| Change (%) | -4.68% | -2.59% | -1.40% | - | +0.45% | +1.26% | +2.35% |
| Change | -757.51 | -418.41 | -226.01 | - | +73.19 | +204.09 | +380.19 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Major | Intermediate |
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 | 15,904.34 | 15,976.77 | 16,100.57 | 16,173.00 | 16,296.80 | 16,369.23 | 16,493.03 |
| Camarilla | 16,170.41 | 16,188.40 | 16,206.38 | 16,224.37 | 16,242.36 | 16,260.35 | 16,278.33 |
| Woodie | 15,930.03 | 15,989.61 | 16,126.26 | 16,185.84 | 16,322.49 | 16,382.07 | 16,518.72 |
| Fibonacci | 15,976.77 | 16,051.73 | 16,098.04 | 16,173.00 | 16,247.96 | 16,294.27 | 16,369.23 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14,143.17 | 14,632.08 | 15,226.27 | 15,715.18 | 16,309.37 | 16,798.28 | 17,392.47 |
| Camarilla | 15,522.60 | 15,621.88 | 15,721.17 | 15,820.45 | 15,919.73 | 16,019.02 | 16,118.30 |
| Woodie | 14,195.80 | 14,658.40 | 15,278.90 | 15,741.50 | 16,362.00 | 16,824.60 | 17,445.10 |
| Fibonacci | 14,632.08 | 15,045.83 | 15,301.44 | 15,715.18 | 16,128.93 | 16,384.54 | 16,798.28 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,440.09 | 11,280.55 | 13,872.89 | 17,713.35 | 20,305.69 | 24,146.15 | 26,738.49 |
| Camarilla | 14,696.22 | 15,285.89 | 15,875.57 | 16,465.24 | 17,054.91 | 17,644.59 | 18,234.26 |
| Woodie | 6,816.04 | 10,968.52 | 13,248.84 | 17,401.32 | 19,681.64 | 23,834.12 | 26,114.44 |
| Fibonacci | 11,280.55 | 13,737.88 | 15,256.02 | 17,713.35 | 20,170.68 | 21,688.82 | 24,146.15 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 54.29 | |
| MACD (12,26,9): | 7.8500 | |
| Directional Movement: | 13.61 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 16,194.55 | |
| Parabolic SAR (0,02-0,02-0,2): | 16,260.72 | |
| Elder Ray (13): | 3.59 | |
| Super Trend (3,10): | 16,142.49 | |
| Zig ZAG (10): | 16,190.23 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 21.77 | |
| TEMA (21): | 16,192.94 | |
| Williams %R (14): | -74.22 | |
| Chande Momentum Oscillator (20): | -9.45 | |
| Repulse (5,40,3): | -0.0200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.03 |
| MA7: | 16,060.49 | |
| MA20: | 15,979.90 | |
| MA50: | 18,126.08 | |
| MA100: | 19,046.80 | |
| MAexp7: | 16,184.41 | |
| MAexp20: | 16,181.47 | |
| MAexp50: | 16,165.23 | |
| MAexp100: | 16,163.39 | |
| Price / MA7: | +0.70% | |
| Price / MA20: | +1.20% | |
| Price / MA50: | -10.78% | |
| Price / MA100: | -15.09% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.06% | |
| Price / MAexp50: | +0.04% | |
| Price / MAexp100: | +0.05% |
Quotes :
-
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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