MICRO BITCOIN ONLY1124

MBTCUSD1124

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Futures
Ticker:	MBTCUSD1124
ISIN:	MBTX4

MICRO BITCOIN ONLY1124 - 15 min. - Technical analysis published on 11/13/2024 (GMT)

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Timeframe : 15 min.
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MICRO BITCOIN ONLY1124 Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 91,958 USD

My targets

93,777 USD (+1.77%)

96,813 USD (+5.06%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MICRO BITCOIN ONLY1124 as long as the price remains well above 91,958 USD. The buyers' bullish objective is set at 93,777 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 96,813 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by euletthomas.

Additional analysis

Quotes

The MICRO BITCOIN ONLY1124 rating is 92,150 USD. The price has increased by +2.29% since the last closing with the lowest point at 86,925 USD and the highest point at 92,695 USD. The deviation from the price is +6.01% for the low point and -0.59% for the high point.

86,925

92,695

92,150

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by MICRO BITCOIN ONLY1124:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in 15 min. of this MICRO BITCOIN ONLY1124 chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 15 minutes

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 15 minutes

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	76,207	85,860	90,663	92,150
Change (%)	-17.30%	-6.83%	-1.61%	-
Change	-15,943	-6,290	-1,487	-
Level	Major	Intermediate	Intermediate	-

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	82,173	84,017	87,053	88,897	91,933	93,777	96,813
Camarilla	88,748	89,195	89,643	90,090	90,537	90,985	91,432
Woodie	82,770	84,315	87,650	89,195	92,530	94,075	97,410
Fibonacci	84,017	85,881	87,033	88,897	90,761	91,913	93,777

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	59,543	63,337	70,348	74,142	81,153	84,947	91,958
Camarilla	74,389	75,379	76,370	77,360	78,350	79,341	80,331
Woodie	61,153	64,141	71,958	74,946	82,763	85,751	93,568
Fibonacci	63,337	67,464	70,014	74,142	78,269	80,819	84,947

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	46,260	52,850	61,290	67,880	76,320	82,910	91,350
Camarilla	65,597	66,975	68,352	69,730	71,108	72,486	73,863
Woodie	47,185	53,313	62,215	68,343	77,245	83,373	92,275
Fibonacci	52,850	58,591	62,139	67,880	73,621	77,169	82,910

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):	81.00
MACD (12,26,9):	986.0000
Directional Movement:	29
AROON (14):	79
DEMA (21):	91,047
Parabolic SAR (0,02-0,02-0,2):	90,451
Elder Ray (13):	1,519
Super Trend (3,10):	89,722
Zig ZAG (10):	92,530
VORTEX (21):	1.0000
Stochastique (14,3,5):	92.00
TEMA (21):	91,825
Williams %R (14):	-3.00
Chande Momentum Oscillator (20):	3,960
Repulse (5,40,3):	2.0000
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	7.00

MA7:	81,655
MA20:	73,583
MA50:	66,875
MA100:	64,894
MAexp7:	91,340
MAexp20:	89,908
MAexp50:	89,040
MAexp100:	88,525
Price / MA7:	+12.85%
Price / MA20:	+25.23%
Price / MA50:	+37.79%
Price / MA100:	+42.00%
Price / MAexp7:	+0.89%
Price / MAexp20:	+2.49%
Price / MAexp50:	+3.49%
Price / MAexp100:	+4.09%

Quotes : - 10 min delayed data - CME Globex Futures

This member declared not having a position on this financial instrument or a related financial instrument.

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