BITCOIN - BTC/USDT - 1H - Technical analysis published on 01/13/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 36,608.20 USDT
My targets
39,986.10 USDT (+7.01%)
41,916.80 USDT (+12.18%)
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 36,608.20 USDT. The next resistance located at 39,986.10 USDT is the next bullish target 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 41,916.80 USDT.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.3
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This analysis was given by Currenciesboost. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN - BTC/USDT price is 37,366.26 USDT. On the day, this instrument gained +9.71% with the lowest point at 32,408.62 USDT and the highest point at 37,767.31 USDT. The deviation from the price is +15.30% for the low point and -1.06% for the high point.32,408.62
37,767.31
37,366.26
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of BITCOIN - BTC/USDT indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, 17 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 32,588.00 | 33,681.10 | 36,608.20 | 37,366.26 | 39,986.10 | 41,916.80 |
| Change (%) | -12.79% | -9.86% | -2.03% | - | +7.01% | +12.18% |
| Change | -4,778.26 | -3,685.16 | -758.06 | - | +2,619.84 | +4,550.54 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 28,172.43 | 30,372.91 | 32,216.21 | 34,416.69 | 36,259.99 | 38,460.47 | 40,303.78 |
| Camarilla | 32,947.47 | 33,318.15 | 33,688.83 | 34,059.51 | 34,430.19 | 34,800.87 | 35,171.55 |
| Woodie | 27,993.84 | 30,283.62 | 32,037.62 | 34,327.40 | 36,081.40 | 38,371.18 | 40,125.18 |
| Fibonacci | 30,372.91 | 31,917.63 | 32,871.97 | 34,416.69 | 35,961.42 | 36,915.75 | 38,460.47 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18,653.43 | 23,670.42 | 31,882.83 | 36,899.82 | 45,112.23 | 50,129.22 | 58,341.63 |
| Camarilla | 36,457.17 | 37,669.86 | 38,882.56 | 40,095.25 | 41,307.94 | 42,520.64 | 43,733.33 |
| Woodie | 20,251.15 | 24,469.28 | 33,480.55 | 37,698.68 | 46,709.95 | 50,928.08 | 59,939.35 |
| Fibonacci | 23,670.42 | 28,724.05 | 31,846.19 | 36,899.82 | 41,953.45 | 45,075.59 | 50,129.22 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,545.20 | 13,571.70 | 21,246.50 | 25,273.00 | 32,947.80 | 36,974.30 | 44,649.10 |
| Camarilla | 25,703.44 | 26,776.06 | 27,848.68 | 28,921.30 | 29,993.92 | 31,066.54 | 32,139.16 |
| Woodie | 11,369.35 | 14,483.78 | 23,070.65 | 26,185.08 | 34,771.95 | 37,886.38 | 46,473.25 |
| Fibonacci | 13,571.70 | 18,041.60 | 20,803.10 | 25,273.00 | 29,742.90 | 32,504.40 | 36,974.30 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 61.86 | |
| MACD (12,26,9): | 269.8700 | |
| Directional Movement: | 12.13 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 34,885.73 | |
| Parabolic SAR (0,02-0,02-0,2): | 33,432.28 | |
| Elder Ray (13): | 1,041.31 | |
| Super Trend (3,10): | 35,828.81 | |
| Zig ZAG (10): | 35,776.96 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 89.95 | |
| TEMA (21): | 35,264.98 | |
| Williams %R (14): | -5.57 | |
| Chande Momentum Oscillator (20): | 844.54 | |
| Repulse (5,40,3): | 2.5600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 8.39 |
| MA7: | 37,695.35 | |
| MA20: | 32,605.51 | |
| MA50: | 25,045.59 | |
| MA100: | 19,584.07 | |
| MAexp7: | 35,172.26 | |
| MAexp20: | 34,624.06 | |
| MAexp50: | 34,763.61 | |
| MAexp100: | 35,518.61 | |
| Price / MA7: | -0.87% | |
| Price / MA20: | +14.60% | |
| Price / MA50: | +49.19% | |
| Price / MA100: | +90.80% | |
| Price / MAexp7: | +6.24% | |
| Price / MAexp20: | +7.92% | |
| Price / MAexp50: | +7.49% | |
| Price / MAexp100: | +5.20% |
Quotes :
2021-01-13 22:36:01
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Real time data
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Cryptocompare
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