BITCOIN - BTC/USDT - 1H - Technical analysis published on 06/03/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bearish
Technical indicators
28%
28%
44%
My opinion
Neutral between 9,345.77 USDT and 10,046.40 USDT
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 9,345.77 USDT. The first resistance is located at 10,046.40 USDT. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this 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 hamham. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BITCOIN - BTC/USDT rating 9,577.87 USDT. On the day, this instrument gained +0.55% and was between 9,414.68 USDT and 9,633.96 USDT. This implies that the price is at +1.73% from its lowest and at -0.58% from its highest.9,414.68
9,633.96
9,577.87
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BITCOIN - BTC/USDT:
Technical
A technical analysis in 1H of this BITCOIN - BTC/USDT chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 8,708.06 | 9,060.03 | 9,345.77 | 9,577.87 | 9,612.70 | 10,046.40 | 10,185.00 |
| Change (%) | -9.08% | -5.41% | -2.42% | - | +0.36% | +4.89% | +6.34% |
| Change | -869.81 | -517.84 | -232.10 | - | +34.83 | +468.53 | +607.13 |
| Level | Minor | Minor | Major | - | Major | Minor | 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 | 8,339.76 | 8,849.36 | 9,187.35 | 9,696.95 | 10,034.94 | 10,544.54 | 10,882.53 |
| Camarilla | 9,292.26 | 9,369.96 | 9,447.65 | 9,525.35 | 9,603.05 | 9,680.74 | 9,758.44 |
| Woodie | 8,253.97 | 8,806.46 | 9,101.56 | 9,654.05 | 9,949.15 | 10,501.64 | 10,796.73 |
| Fibonacci | 8,849.36 | 9,173.14 | 9,373.17 | 9,696.95 | 10,020.73 | 10,220.76 | 10,544.54 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,942.50 | 8,307.25 | 9,000.94 | 9,365.69 | 10,059.38 | 10,424.13 | 11,117.82 |
| Camarilla | 9,403.57 | 9,500.59 | 9,597.62 | 9,694.64 | 9,791.66 | 9,888.69 | 9,985.71 |
| Woodie | 8,106.98 | 8,389.49 | 9,165.42 | 9,447.93 | 10,223.86 | 10,506.36 | 11,282.30 |
| Fibonacci | 8,307.25 | 8,711.57 | 8,961.36 | 9,365.69 | 9,770.01 | 10,019.80 | 10,424.13 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,740.67 | 7,516.23 | 8,485.58 | 9,261.14 | 10,230.49 | 11,006.05 | 11,975.40 |
| Camarilla | 8,975.08 | 9,135.03 | 9,294.98 | 9,454.93 | 9,614.88 | 9,774.83 | 9,934.78 |
| Woodie | 6,837.56 | 7,564.68 | 8,582.47 | 9,309.59 | 10,327.39 | 11,054.50 | 12,072.30 |
| Fibonacci | 7,516.23 | 8,182.79 | 8,594.58 | 9,261.14 | 9,927.70 | 10,339.50 | 11,006.05 |
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): | 46.80 | |
| MACD (12,26,9): | -18.7600 | |
| Directional Movement: | -3.61 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 9,541.23 | |
| Parabolic SAR (0,02-0,02-0,2): | 9,632.47 | |
| Elder Ray (13): | 2.83 | |
| Super Trend (3,10): | 9,665.03 | |
| Zig ZAG (10): | 9,567.25 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 64.81 | |
| TEMA (21): | 9,559.55 | |
| Williams %R (14): | -53.27 | |
| Chande Momentum Oscillator (20): | 55.88 | |
| Repulse (5,40,3): | -0.1900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 1.39 |
| MA7: | 9,634.83 | |
| MA20: | 9,395.52 | |
| MA50: | 8,705.13 | |
| MA100: | 7,895.49 | |
| MAexp7: | 9,574.94 | |
| MAexp20: | 9,576.46 | |
| MAexp50: | 9,621.64 | |
| MAexp100: | 9,602.46 | |
| Price / MA7: | -0.59% | |
| Price / MA20: | +1.94% | |
| Price / MA50: | +10.03% | |
| Price / MA100: | +21.31% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | -0.45% | |
| Price / MAexp100: | -0.26% |
Quotes :
2020-06-03 20:42:28
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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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