BITCOIN - BTC/USD - 15 min. - Technical analysis published on 06/29/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 9,082.48 USD
My targets
8,976.37 USD (-0.68%)
8,828.20 USD (-2.32%)
My analysis
In the short term, we can see an acceleration in the bearish trend on BITCOIN - BTC/USD, which is a positive signal for sellers. As long as the price remains above 9,082.48 USD, a sale could be considered. The first bearish objective is located at 8,976.37 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 8,828.20 USD as an objective. Crossing it would then enable sellers to target 8,722.09 USD. If the price were to return above 9,082.48 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.8
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Additional analysis
Quotes
BITCOIN - BTC/USD rating 9,037.47 USD. On the day, this instrument lost -0.95% with the lowest point at 9,030.71 USD and the highest point at 9,140.39 USD. The deviation from the price is +0.07% for the low point and -1.13% for the high point.9,030.71
9,140.39
9,037.47
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of BITCOIN - BTC/USD in 15 min. shows an overall bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
RSI indicator is back over 50
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
Bearish engulfing lines
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6,618.31 | 8,397.92 | 9,028.50 | 9,037.47 | 9,174.90 | 9,286.26 | 9,662.41 |
| Change (%) | -26.77% | -7.08% | -0.10% | - | +1.52% | +2.75% | +6.91% |
| Change | -2,419.16 | -639.55 | -8.97 | - | +137.43 | +248.79 | +624.94 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Major | 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 | 8,722.09 | 8,828.20 | 8,976.37 | 9,082.48 | 9,230.65 | 9,336.76 | 9,484.93 |
| Camarilla | 9,054.62 | 9,077.93 | 9,101.24 | 9,124.55 | 9,147.86 | 9,171.17 | 9,194.48 |
| Woodie | 8,743.13 | 8,838.72 | 8,997.41 | 9,093.00 | 9,251.69 | 9,347.28 | 9,505.97 |
| Fibonacci | 8,828.20 | 8,925.33 | 8,985.34 | 9,082.48 | 9,179.61 | 9,239.62 | 9,336.76 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,680.46 | 8,259.60 | 8,631.04 | 9,210.18 | 9,581.62 | 10,160.76 | 10,532.20 |
| Camarilla | 8,741.07 | 8,828.21 | 8,915.34 | 9,002.48 | 9,089.62 | 9,176.75 | 9,263.89 |
| Woodie | 7,576.61 | 8,207.68 | 8,527.19 | 9,158.26 | 9,477.77 | 10,108.84 | 10,428.35 |
| Fibonacci | 8,259.60 | 8,622.72 | 8,847.06 | 9,210.18 | 9,573.30 | 9,797.64 | 10,160.76 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,411.98 | 7,269.37 | 8,357.93 | 9,215.32 | 10,303.88 | 11,161.27 | 12,249.83 |
| Camarilla | 8,911.36 | 9,089.74 | 9,268.12 | 9,446.50 | 9,624.88 | 9,803.26 | 9,981.64 |
| Woodie | 6,527.58 | 7,327.16 | 8,473.53 | 9,273.11 | 10,419.48 | 11,219.06 | 12,365.43 |
| Fibonacci | 7,269.37 | 8,012.72 | 8,471.96 | 9,215.32 | 9,958.67 | 10,417.91 | 11,161.27 |
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): | 34.95 | |
| MACD (12,26,9): | -7.3300 | |
| Directional Movement: | -6.24 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 9,082.67 | |
| Parabolic SAR (0,02-0,02-0,2): | 9,119.33 | |
| Elder Ray (13): | -9.13 | |
| Super Trend (3,10): | 9,124.64 | |
| Zig ZAG (10): | 9,082.60 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 36.70 | |
| TEMA (21): | 9,087.38 | |
| Williams %R (14): | -43.34 | |
| Chande Momentum Oscillator (20): | -24.53 | |
| Repulse (5,40,3): | 0.2700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.07 |
| MA7: | 9,220.59 | |
| MA20: | 9,366.43 | |
| MA50: | 9,404.26 | |
| MA100: | 8,426.00 | |
| MAexp7: | 9,093.37 | |
| MAexp20: | 9,084.91 | |
| MAexp50: | 9,093.25 | |
| MAexp100: | 9,092.42 | |
| Price / MA7: | -1.99% | |
| Price / MA20: | -3.51% | |
| Price / MA50: | -3.90% | |
| Price / MA100: | +7.26% | |
| Price / MAexp7: | -0.61% | |
| Price / MAexp20: | -0.52% | |
| Price / MAexp50: | -0.61% | |
| Price / MAexp100: | -0.60% |
Quotes :
2020-06-29 13:30:09
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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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