BITCOIN - BTC/USDT - 15 min. - Technical analysis published on 08/01/2020 (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 bullish
De fond:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 11,529.67 USDT
My targets
12,005.27 USDT (+1.44%)
13,093.50 USDT (+10.64%)
My analysis
BITCOIN - BTC/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 11,529.67 USDT. The next resistance located at 12,005.27 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 13,093.50 USDT. After this resistance, buyers could then target 19,105.30 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
8.8
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This analysis was given by hamham. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BITCOIN - BTC/USDT rating 11,834.33 USDT. On the day, this instrument gained +4.39% and was between 11,224.19 USDT and 11,854.35 USDT. This implies that the price is at +5.44% from its lowest and at -0.17% from its highest.11,224.19
11,854.35
11,834.33
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this BITCOIN - BTC/USDT chart shows a strongly bullish trend. 92.86% 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.
In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 10,242.50 | 10,842.00 | 11,373.90 | 11,834.33 | 13,093.50 | 19,105.30 |
| Change (%) | -13.45% | -8.39% | -3.89% | - | +10.64% | +61.44% |
| Change | -1,591.83 | -992.33 | -460.43 | - | +1,259.17 | +7,270.97 |
| Level | Major | Major | Intermediate | - | Intermediate | Minor |
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 | 10,578.47 | 10,771.03 | 11,054.07 | 11,246.63 | 11,529.67 | 11,722.23 | 12,005.27 |
| Camarilla | 11,206.31 | 11,249.91 | 11,293.50 | 11,337.10 | 11,380.70 | 11,424.29 | 11,467.89 |
| Woodie | 10,623.70 | 10,793.65 | 11,099.30 | 11,269.25 | 11,574.90 | 11,744.85 | 12,050.50 |
| Fibonacci | 10,771.03 | 10,952.71 | 11,064.95 | 11,246.63 | 11,428.31 | 11,540.56 | 11,722.23 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,673.11 | 8,890.56 | 9,295.68 | 9,513.13 | 9,918.25 | 10,135.70 | 10,540.82 |
| Camarilla | 9,529.60 | 9,586.67 | 9,643.74 | 9,700.81 | 9,757.88 | 9,814.95 | 9,872.02 |
| Woodie | 8,766.95 | 8,937.48 | 9,389.52 | 9,560.05 | 10,012.10 | 10,182.62 | 10,634.67 |
| Fibonacci | 8,890.56 | 9,128.38 | 9,275.31 | 9,513.13 | 9,750.95 | 9,897.88 | 10,135.70 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,182.33 | 8,054.13 | 9,695.61 | 10,567.41 | 12,208.89 | 13,080.69 | 14,722.17 |
| Camarilla | 10,645.95 | 10,876.33 | 11,106.72 | 11,337.10 | 11,567.48 | 11,797.87 | 12,028.25 |
| Woodie | 7,567.18 | 8,246.55 | 10,080.46 | 10,759.83 | 12,593.74 | 13,273.11 | 15,107.02 |
| Fibonacci | 8,054.13 | 9,014.20 | 9,607.33 | 10,567.41 | 11,527.48 | 12,120.61 | 13,080.69 |
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): | 66.02 | |
| MACD (12,26,9): | 55.0100 | |
| Directional Movement: | 5.96 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 11,775.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 11,637.08 | |
| Elder Ray (13): | 81.86 | |
| Super Trend (3,10): | 11,623.30 | |
| Zig ZAG (10): | 11,826.95 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 88.47 | |
| TEMA (21): | 11,805.67 | |
| Williams %R (14): | -8.04 | |
| Chande Momentum Oscillator (20): | 106.56 | |
| Repulse (5,40,3): | 0.8700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 1.90 |
| MA7: | 11,032.60 | |
| MA20: | 9,925.55 | |
| MA50: | 9,541.41 | |
| MA100: | 9,360.15 | |
| MAexp7: | 11,791.57 | |
| MAexp20: | 11,750.02 | |
| MAexp50: | 11,669.36 | |
| MAexp100: | 11,562.78 | |
| Price / MA7: | +7.27% | |
| Price / MA20: | +19.23% | |
| Price / MA50: | +24.03% | |
| Price / MA100: | +26.43% | |
| Price / MAexp7: | +0.36% | |
| Price / MAexp20: | +0.72% | |
| Price / MAexp50: | +1.41% | |
| Price / MAexp100: | +2.35% |
Quotes :
2020-08-01 21:18:30
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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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