BITCOIN - BTC/USDT
BITCOIN - BTC/USDT
11,612.28 USDT (+0.17%)
Real time data - Cryptocompare
Open: 11,593.22
Change: +19.11
Volume: 2,999
Low: 11,521.52
High: 11,655.70
High / Low range: 134.18
Type: Cryptocurrencies
Ticker: BTCUSDT
ISIN:

BITCOIN - BTC/USDT - 15 min. - Technical analysis published on 08/01/2020

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  • Timeframe : 15 min.
  • - Analysis generated on 2020-08-01 21:18:31
  • Status : LEVEL MAINTAINED

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

This analysis was given by hamham. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 analysis. 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.

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:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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:

Central Indicators

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:

Central Indicators

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


S3S2S1PriceR1R2
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
Standard10,578.4710,771.0311,054.0711,246.6311,529.6711,722.2312,005.27
Camarilla11,206.3111,249.9111,293.5011,337.1011,380.7011,424.2911,467.89
Woodie10,623.7010,793.6511,099.3011,269.2511,574.9011,744.8512,050.50
Fibonacci10,771.0310,952.7111,064.9511,246.6311,428.3111,540.5611,722.23


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8,673.118,890.569,295.689,513.139,918.2510,135.7010,540.82
Camarilla9,529.609,586.679,643.749,700.819,757.889,814.959,872.02
Woodie8,766.958,937.489,389.529,560.0510,012.1010,182.6210,634.67
Fibonacci8,890.569,128.389,275.319,513.139,750.959,897.8810,135.70


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7,182.338,054.139,695.6110,567.4112,208.8913,080.6914,722.17
Camarilla10,645.9510,876.3311,106.7211,337.1011,567.4811,797.8712,028.25
Woodie7,567.188,246.5510,080.4610,759.8312,593.7413,273.1115,107.02
Fibonacci8,054.139,014.209,607.3310,567.4111,527.4812,120.6113,080.69

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 - Real time data - Cryptocompare

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

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