BITCOIN - BTC/USDT
BITCOIN - BTC/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
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Type: Cryptocurrencies
Ticker: BTCUSDT
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BITCOIN - BTC/USDT - 1H - Technical analysis published on 01/09/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 37,940.73 USDT
My targets
41,916.80 USDT (+4.32%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on BITCOIN - BTC/USDT. As long as you are above the support located at 37,940.73 USDT, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 41,916.80 USDT would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. If the support 37,940.73 USDT were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
4.1

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 Currenciesboost. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The BITCOIN - BTC/USDT price is 40,180.75 USDT. On the day, this instrument lost -1.00% and was traded between 38,747.51 USDT and 41,364.74 USDT over the period. The price is currently at +3.70% from its lowest and -2.86% from its highest.

38,747.51
41,364.74
40,180.75

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by BITCOIN - BTC/USDT:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this BITCOIN - BTC/USDT chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 6 are bullish, 7 are neutral and 5 are bearish. The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 32,254.60 34,760.30 36,787.70 40,180.75 40,316.90 41,916.80
Change (%) -19.73% -13.49% -8.44% - +0.34% +4.32%
Change -7,926.15 -5,420.45 -3,393.05 - +136.15 +1,736.05
Level Minor Minor Intermediate - Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard32,422.2534,587.0437,587.1839,751.9642,752.1044,916.8847,917.02
Camarilla39,166.9639,640.4140,113.8640,587.3141,060.7641,534.2142,007.66
Woodie32,839.9334,795.8838,004.8539,960.8043,169.7745,125.7248,334.69
Fibonacci34,587.0436,560.0437,778.9639,751.9641,724.9642,943.8844,916.88


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19,929.7722,812.3327,493.9730,376.5335,058.1737,940.7342,622.37
Camarilla30,095.4430,788.8331,482.2232,175.6032,868.9833,562.3734,255.76
Woodie20,829.3023,262.1028,393.5030,826.3035,957.7038,390.5043,521.90
Fibonacci22,812.3325,701.8627,487.0130,376.5333,266.0635,051.2137,940.73


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9,545.2013,571.7021,246.5025,273.0032,947.8036,974.3044,649.10
Camarilla25,703.4426,776.0627,848.6828,921.3029,993.9231,066.5432,139.16
Woodie11,369.3514,483.7823,070.6526,185.0834,771.9537,886.3846,473.25
Fibonacci13,571.7018,041.6020,803.1025,273.0029,742.9032,504.4036,974.30

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): 51.31
MACD (12,26,9): 219.4000
Directional Movement: -1.75
AROON (14): 50.00
DEMA (21): 40,605.09
Parabolic SAR (0,02-0,02-0,2): 39,441.89
Elder Ray (13): 15.55
Super Trend (3,10): 38,794.84
Zig ZAG (10): 40,251.91
VORTEX (21): 1.0800
Stochastique (14,3,5): 67.04
TEMA (21): 40,458.84
Williams %R (14): -47.25
Chande Momentum Oscillator (20): -103.32
Repulse (5,40,3): -2.2000
ROCnROLL: -1
TRIX (15,9): 0.0700
Courbe Coppock: 2.01
MA7: 36,584.17
MA20: 30,039.01
MA50: 23,641.62
MA100: 18,561.07
MAexp7: 40,530.84
MAexp20: 40,311.68
MAexp50: 39,557.99
MAexp100: 37,931.82
Price / MA7: +9.83%
Price / MA20: +33.76%
Price / MA50: +69.96%
Price / MA100: +116.48%
Price / MAexp7: -0.86%
Price / MAexp20: -0.32%
Price / MAexp50: +1.57%
Price / MAexp100: +5.93%

Quotes : 2021-01-09 16:44:28 - Real time data - Cryptocompare

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

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