BITCOIN - BTC/USDT - 15 min. - Technical analysis published on 03/19/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 27,077.82 USDT
My targets
26,446.78 USDT (-2.02%)
25,985.41 USDT (-3.73%)
My analysis
The bearish trend is currently very strong for BITCOIN - BTC/USDT. As long as the price remains below the resistance at 27,077.82 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 26,446.78 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 25,985.41 USDT as an objective. Crossing it would then enable sellers to target 25,354.37 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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 Aninoff. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BITCOIN - BTC/USDT rating 26,991.51 USDT. The price has increased by +0.31% since the last closing and was traded between 26,828.89 USDT and 27,283.22 USDT over the period. The price is currently at +0.61% from its lowest and -1.07% from its highest.26,828.89
27,283.22
26,991.51
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BITCOIN - BTC/USDT:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of BITCOIN - BTC/USDT indicates that the overall trend is strongly bearish. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 4 are neutral and 10 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 22,551.60 | 24,842.80 | 26,952.40 | 26,991.51 | 29,848.90 | 40,624.10 | 47,434.00 |
| Change (%) | -16.45% | -7.96% | -0.14% | - | +10.59% | +50.51% | +75.74% |
| Change | -4,439.91 | -2,148.71 | -39.11 | - | +2,857.39 | +13,632.59 | +20,442.49 |
| Level | Minor | Major | Intermediate | - | Minor | Minor | Minor |
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 | 25,354.37 | 25,985.41 | 26,446.78 | 27,077.82 | 27,539.19 | 28,170.23 | 28,631.60 |
| Camarilla | 26,607.74 | 26,707.88 | 26,808.01 | 26,908.15 | 27,008.29 | 27,108.43 | 27,208.56 |
| Woodie | 25,269.54 | 25,942.99 | 26,361.95 | 27,035.40 | 27,454.36 | 28,127.81 | 28,546.77 |
| Fibonacci | 25,985.41 | 26,402.71 | 26,660.52 | 27,077.82 | 27,495.12 | 27,752.93 | 28,170.23 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14,742.91 | 17,509.16 | 22,208.65 | 24,974.90 | 29,674.39 | 32,440.64 | 37,140.13 |
| Camarilla | 24,855.07 | 25,539.43 | 26,223.79 | 26,908.15 | 27,592.51 | 28,276.87 | 28,961.23 |
| Woodie | 15,709.54 | 17,992.47 | 23,175.28 | 25,458.21 | 30,641.02 | 32,923.95 | 38,106.76 |
| Fibonacci | 17,509.16 | 20,361.07 | 22,122.98 | 24,974.90 | 27,826.81 | 29,588.72 | 32,440.64 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17,815.47 | 19,588.53 | 21,694.97 | 23,468.03 | 25,574.47 | 27,347.53 | 29,453.97 |
| Camarilla | 22,734.54 | 23,090.16 | 23,445.78 | 23,801.40 | 24,157.02 | 24,512.64 | 24,868.26 |
| Woodie | 17,982.15 | 19,671.88 | 21,861.65 | 23,551.38 | 25,741.15 | 27,430.88 | 29,620.65 |
| Fibonacci | 19,588.53 | 21,070.50 | 21,986.06 | 23,468.03 | 24,950.00 | 25,865.56 | 27,347.53 |
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): | 39.65 | |
| MACD (12,26,9): | -43.7900 | |
| Directional Movement: | -10.27 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 26,980.20 | |
| Parabolic SAR (0,02-0,02-0,2): | 27,074.81 | |
| Elder Ray (13): | -30.07 | |
| Super Trend (3,10): | 27,139.41 | |
| Zig ZAG (10): | 26,991.12 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 41.40 | |
| TEMA (21): | 26,964.11 | |
| Williams %R (14): | -58.05 | |
| Chande Momentum Oscillator (20): | -156.07 | |
| Repulse (5,40,3): | 0.0200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 1.33 |
| MA7: | 25,618.16 | |
| MA20: | 23,334.80 | |
| MA50: | 23,231.98 | |
| MA100: | 20,558.68 | |
| MAexp7: | 26,975.43 | |
| MAexp20: | 27,030.58 | |
| MAexp50: | 27,096.91 | |
| MAexp100: | 27,094.30 | |
| Price / MA7: | +5.36% | |
| Price / MA20: | +15.67% | |
| Price / MA50: | +16.18% | |
| Price / MA100: | +31.29% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | -0.14% | |
| Price / MAexp50: | -0.39% | |
| Price / MAexp100: | -0.38% |
Quotes :
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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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