BITCOIN - BTC/USDT - 1H - Technical analysis published on 07/14/2020 (GMT)
- Who voted?
- 154
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 9,206.85 USDT
My targets
9,373.42 USDT (+1.07%)
9,466.56 USDT (+2.08%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BITCOIN - BTC/USDT as long as the price remains well above 9,206.85 USDT. The buyers” bullish objective is set at 9,373.42 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 9,466.56 USDT. If there is any crossing, the next objective would be the resistance located at 9,684.99 USDT.
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
0
10
6.3
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 9,273.81 USDT. The price is lower by -0.11% since the last closing and was between 9,256.14 USDT and 9,273.86 USDT. This implies that the price is at +0.19% from its lowest and at +0.00% from its highest.9,256.14
9,273.86
9,273.81
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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
Technical analysis of this 1H chart of BITCOIN - BTC/USDT indicates that the overall trend is bullish. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 10 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 9,022.19 | 9,128.44 | 9,206.85 | 9,273.81 | 9,321.72 | 9,373.42 | 9,466.56 |
| Change (%) | -2.71% | -1.57% | -0.72% | - | +0.52% | +1.07% | +2.08% |
| Change | -251.62 | -145.37 | -66.96 | - | +47.91 | +99.61 | +192.75 |
| Level | Major | Intermediate | Major | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,025.56 | 9,094.37 | 9,197.31 | 9,266.12 | 9,369.06 | 9,437.87 | 9,540.81 |
| Camarilla | 9,253.02 | 9,268.76 | 9,284.51 | 9,300.25 | 9,315.99 | 9,331.74 | 9,347.48 |
| Woodie | 9,042.63 | 9,102.90 | 9,214.38 | 9,274.65 | 9,386.13 | 9,446.40 | 9,557.88 |
| Fibonacci | 9,094.37 | 9,159.98 | 9,200.51 | 9,266.12 | 9,331.73 | 9,372.26 | 9,437.87 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,410.12 | 8,668.02 | 8,951.06 | 9,208.96 | 9,492.00 | 9,749.90 | 10,032.94 |
| Camarilla | 9,085.34 | 9,134.93 | 9,184.51 | 9,234.10 | 9,283.69 | 9,333.27 | 9,382.86 |
| Woodie | 8,422.69 | 8,674.31 | 8,963.63 | 9,215.25 | 9,504.57 | 9,756.19 | 10,045.51 |
| Fibonacci | 8,668.02 | 8,874.66 | 9,002.32 | 9,208.96 | 9,415.60 | 9,543.26 | 9,749.90 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,120.00 | 7,990.94 | 8,564.13 | 9,435.07 | 10,008.26 | 10,879.20 | 11,452.39 |
| Camarilla | 8,740.20 | 8,872.57 | 9,004.95 | 9,137.33 | 9,269.71 | 9,402.09 | 9,534.47 |
| Woodie | 6,971.14 | 7,916.50 | 8,415.27 | 9,360.63 | 9,859.40 | 10,804.76 | 11,303.53 |
| Fibonacci | 7,990.94 | 8,542.60 | 8,883.41 | 9,435.07 | 9,986.72 | 10,327.54 | 10,879.20 |
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): | 57.54 | |
| MACD (12,26,9): | 9.3100 | |
| Directional Movement: | 2.24 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 9,279.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 9,197.35 | |
| Elder Ray (13): | 9.29 | |
| Super Trend (3,10): | 9,210.59 | |
| Zig ZAG (10): | 9,284.39 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 63.27 | |
| TEMA (21): | 9,283.35 | |
| Williams %R (14): | -37.66 | |
| Chande Momentum Oscillator (20): | -8.51 | |
| Repulse (5,40,3): | 0.1100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.83 |
| MA7: | 9,290.29 | |
| MA20: | 9,200.24 | |
| MA50: | 9,386.49 | |
| MA100: | 8,805.07 | |
| MAexp7: | 9,276.31 | |
| MAexp20: | 9,267.10 | |
| MAexp50: | 9,256.20 | |
| MAexp100: | 9,251.76 | |
| Price / MA7: | -0.18% | |
| Price / MA20: | +0.80% | |
| Price / MA50: | -1.20% | |
| Price / MA100: | +5.32% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | +0.07% | |
| Price / MAexp50: | +0.19% | |
| Price / MAexp100: | +0.24% |
Quotes :
2020-07-14 20:42:36
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis BITCOIN - BTC/USDT - 1H