BITCOIN - BTC/USDT - 15 min. - Technical analysis published on 06/29/2020 (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
Court terme:
Strongly bearish
De fond:
Slightly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 9,224.19 USDT
My targets
8,984.93 USDT (-1.13%)
8,847.58 USDT (-2.65%)
My analysis
The strong short-term decline of BITCOIN - BTC/USDT reinforces the current slightly bearish trend. As long as the price remains below 9,224.19 USDT, you could take advantage of this bearish acceleration. The first bearish objective is located at 8,984.93 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 8,847.58 USDT as an objective. Crossing it would then enable sellers to target 8,745.67 USDT. A return to above 9,224.19 USDT would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.7
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This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BITCOIN - BTC/USDT rating 9,087.97 USDT. The price registered a decrease of -0.38% on the session with the lowest point at 9,083.19 USDT and the highest point at 9,144.78 USDT. The deviation from the price is +0.05% for the low point and -0.62% for the high point.9,083.19
9,144.78
9,087.97
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this BITCOIN - BTC/USDT chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by 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 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:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6,629.81 | 8,414.77 | 9,050.99 | 9,087.97 | 9,188.67 | 9,332.79 | 9,530.49 |
| Change (%) | -27.05% | -7.41% | -0.41% | - | +1.11% | +2.69% | +4.87% |
| Change | -2,458.16 | -673.20 | -36.98 | - | +100.70 | +244.82 | +442.52 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,745.67 | 8,847.58 | 8,984.93 | 9,086.84 | 9,224.19 | 9,326.10 | 9,463.45 |
| Camarilla | 9,056.47 | 9,078.41 | 9,100.34 | 9,122.27 | 9,144.20 | 9,166.13 | 9,188.07 |
| Woodie | 8,763.38 | 8,856.44 | 9,002.64 | 9,095.70 | 9,241.90 | 9,334.96 | 9,481.16 |
| Fibonacci | 8,847.58 | 8,938.98 | 8,995.45 | 9,086.84 | 9,178.24 | 9,234.71 | 9,326.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,746.46 | 8,304.16 | 8,658.20 | 9,215.90 | 9,569.94 | 10,127.64 | 10,481.68 |
| Camarilla | 8,761.50 | 8,845.08 | 8,928.66 | 9,012.23 | 9,095.81 | 9,179.38 | 9,262.96 |
| Woodie | 7,644.62 | 8,253.25 | 8,556.36 | 9,164.99 | 9,468.10 | 10,076.73 | 10,379.84 |
| Fibonacci | 8,304.16 | 8,652.45 | 8,867.62 | 9,215.90 | 9,564.19 | 9,779.36 | 10,127.64 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 46.24 | |
| MACD (12,26,9): | -2.1400 | |
| Directional Movement: | -3.20 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 9,112.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 9,094.32 | |
| Elder Ray (13): | -4.24 | |
| Super Trend (3,10): | 9,144.35 | |
| Zig ZAG (10): | 9,108.48 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 43.85 | |
| TEMA (21): | 9,109.75 | |
| Williams %R (14): | -52.74 | |
| Chande Momentum Oscillator (20): | 1.85 | |
| Repulse (5,40,3): | -0.0300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.31 |
| MA7: | 9,225.82 | |
| MA20: | 9,371.21 | |
| MA50: | 9,405.71 | |
| MA100: | 8,422.23 | |
| MAexp7: | 9,112.43 | |
| MAexp20: | 9,114.14 | |
| MAexp50: | 9,112.90 | |
| MAexp100: | 9,101.85 | |
| Price / MA7: | -1.49% | |
| Price / MA20: | -3.02% | |
| Price / MA50: | -3.38% | |
| Price / MA100: | +7.90% | |
| Price / MAexp7: | -0.27% | |
| Price / MAexp20: | -0.29% | |
| Price / MAexp50: | -0.27% | |
| Price / MAexp100: | -0.15% |
Quotes :
2020-06-29 06:55:02
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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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