BITCOIN - BTC/USD - 15 min. - Technical analysis published on 05/27/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 8,851.09 USD
My targets
8,999.19 USD (+0.84%)
9,156.31 USD (+2.60%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BITCOIN - BTC/USD as long as the price remains well above 8,851.09 USD. The buyers” bullish objective is set at 8,999.19 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 9,156.31 USD. If there is any crossing, the next objective would be the resistance located at 9,304.41 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.5
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This analysis was given by lokisynz1. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BITCOIN - BTC/USD rating 8,924.20 USD. On the day, this instrument gained +0.93% and was traded between 8,811.66 USD and 8,954.41 USD over the period. The price is currently at +1.28% from its lowest and -0.34% from its highest.8,811.66
8,954.41
8,924.20
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BITCOIN - BTC/USD:
Technical
A technical analysis in 15 min. of this BITCOIN - BTC/USD chart shows a strongly bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed 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
Price is back under the pivot point
Type : Bearish
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
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6,617.29 | 8,397.92 | 8,800.57 | 8,924.20 | 9,008.22 | 9,156.30 | 9,306.74 |
| Change (%) | -25.85% | -5.90% | -1.39% | - | +0.94% | +2.60% | +4.29% |
| Change | -2,306.91 | -526.28 | -123.63 | - | +84.02 | +232.10 | +382.54 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,388.75 | 8,545.87 | 8,693.97 | 8,851.09 | 8,999.19 | 9,156.31 | 9,304.41 |
| Camarilla | 8,758.12 | 8,786.10 | 8,814.08 | 8,842.06 | 8,870.04 | 8,898.02 | 8,926.00 |
| Woodie | 8,384.23 | 8,543.62 | 8,689.45 | 8,848.83 | 8,994.67 | 9,154.06 | 9,299.89 |
| Fibonacci | 8,545.87 | 8,662.47 | 8,734.50 | 8,851.09 | 8,967.69 | 9,039.72 | 9,156.31 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,510.00 | 8,155.28 | 8,666.02 | 9,311.30 | 9,822.04 | 10,467.32 | 10,978.06 |
| Camarilla | 8,858.85 | 8,964.81 | 9,070.78 | 9,176.75 | 9,282.72 | 9,388.69 | 9,494.66 |
| Woodie | 7,442.72 | 8,121.65 | 8,598.74 | 9,277.67 | 9,754.76 | 10,433.68 | 10,910.78 |
| Fibonacci | 8,155.28 | 8,596.88 | 8,869.70 | 9,311.30 | 9,752.90 | 10,025.72 | 10,467.32 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,388.78 | 4,773.69 | 6,699.08 | 8,083.99 | 10,009.38 | 11,394.29 | 13,319.68 |
| Camarilla | 7,714.14 | 8,017.58 | 8,321.03 | 8,624.47 | 8,927.91 | 9,231.36 | 9,534.80 |
| Woodie | 3,659.02 | 4,908.81 | 6,969.32 | 8,219.11 | 10,279.62 | 11,529.41 | 13,589.92 |
| Fibonacci | 4,773.69 | 6,038.23 | 6,819.46 | 8,083.99 | 9,348.53 | 10,129.76 | 11,394.29 |
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): | 62.18 | |
| MACD (12,26,9): | 20.7900 | |
| Directional Movement: | 18.49 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 8,908.23 | |
| Parabolic SAR (0,02-0,02-0,2): | 8,856.20 | |
| Elder Ray (13): | 22.34 | |
| Super Trend (3,10): | 8,847.14 | |
| Zig ZAG (10): | 8,920.62 | |
| VORTEX (21): | 1.1800 | |
| Stochastique (14,3,5): | 74.38 | |
| TEMA (21): | 8,931.97 | |
| Williams %R (14): | -11.69 | |
| Chande Momentum Oscillator (20): | 108.88 | |
| Repulse (5,40,3): | 0.2900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 1.72 |
| MA7: | 8,970.46 | |
| MA20: | 9,238.40 | |
| MA50: | 8,336.27 | |
| MA100: | 7,908.52 | |
| MAexp7: | 8,914.45 | |
| MAexp20: | 8,883.88 | |
| MAexp50: | 8,862.18 | |
| MAexp100: | 8,856.08 | |
| Price / MA7: | -0.52% | |
| Price / MA20: | -3.40% | |
| Price / MA50: | +7.05% | |
| Price / MA100: | +12.84% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.45% | |
| Price / MAexp50: | +0.70% | |
| Price / MAexp100: | +0.77% |
Quotes :
2020-05-27 10:15:54
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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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