BITCOIN - BTC/USD - Daily - Technical analysis published on 08/01/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Additional analysis
Quotes
BITCOIN - BTC/USD rating 11,572.43 USD. On the day, this instrument gained +1.95% and was traded between 11,239.40 USD and 11,736.22 USD over the period. The price is currently at +2.96% from its lowest and -1.40% from its highest.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:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this BITCOIN - BTC/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
S3 | S2 | S1 | Price | R1 | R2 | |
---|---|---|---|---|---|---|
ProTrendLines | 7,367.90 | 9,149.89 | 10,371.20 | 11,572.43 | 12,932.90 | 19,345.50 |
Change (%) | -36.33% | -20.93% | -10.38% | - | +11.76% | +67.17% |
Change | -4,204.53 | -2,422.54 | -1,201.23 | - | +1,360.47 | +7,773.07 |
Level | Minor | Major | Major | - | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 10,581.48 | 10,778.55 | 11,065.11 | 11,262.18 | 11,548.74 | 11,745.81 | 12,032.37 |
Camarilla | 11,218.68 | 11,263.01 | 11,307.35 | 11,351.68 | 11,396.01 | 11,440.35 | 11,484.68 |
Woodie | 10,626.24 | 10,800.92 | 11,109.87 | 11,284.55 | 11,593.50 | 11,768.18 | 12,077.12 |
Fibonacci | 10,778.55 | 10,963.29 | 11,077.43 | 11,262.18 | 11,446.92 | 11,561.06 | 11,745.81 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 8,663.19 | 8,886.64 | 9,299.15 | 9,522.60 | 9,935.11 | 10,158.56 | 10,571.07 |
Camarilla | 9,536.77 | 9,595.07 | 9,653.36 | 9,711.66 | 9,769.96 | 9,828.25 | 9,886.55 |
Woodie | 8,757.72 | 8,933.91 | 9,393.68 | 9,569.87 | 10,029.64 | 10,205.83 | 10,665.60 |
Fibonacci | 8,886.64 | 9,129.58 | 9,279.66 | 9,522.60 | 9,765.54 | 9,915.62 | 10,158.56 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 7,171.45 | 8,050.52 | 9,701.10 | 10,580.17 | 12,230.75 | 13,109.82 | 14,760.40 |
Camarilla | 10,656.03 | 10,887.91 | 11,119.80 | 11,351.68 | 11,583.56 | 11,815.45 | 12,047.33 |
Woodie | 7,557.20 | 8,243.40 | 10,086.86 | 10,773.05 | 12,616.51 | 13,302.70 | 15,146.16 |
Fibonacci | 8,050.52 | 9,016.85 | 9,613.84 | 10,580.17 | 11,546.50 | 12,143.49 | 13,109.82 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
RSI (14): | 84.02 | |
MACD (12,26,9): | 540.9900 | |
Directional Movement: | 38.04 | |
AROON (14): | 92.86 | |
DEMA (21): | 10,833.48 | |
Parabolic SAR (0,02-0,02-0,2): | 10,245.76 | |
Elder Ray (13): | 944.86 | |
Super Trend (3,10): | 10,282.02 | |
Zig ZAG (10): | 11,573.77 | |
VORTEX (21): | 1.3000 | |
Stochastique (14,3,5): | 92.26 | |
TEMA (21): | 11,265.27 | |
Williams %R (14): | -6.22 | |
Chande Momentum Oscillator (20): | 2,409.21 | |
Repulse (5,40,3): | 6.7900 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.4800 | |
Courbe Coppock: | 38.11 |
MA7: | 11,009.91 | |
MA20: | 9,919.57 | |
MA50: | 9,541.41 | |
MA100: | 9,361.81 | |
MAexp7: | 10,986.84 | |
MAexp20: | 10,230.13 | |
MAexp50: | 9,704.51 | |
MAexp100: | 9,281.95 | |
Price / MA7: | +5.11% | |
Price / MA20: | +16.66% | |
Price / MA50: | +21.29% | |
Price / MA100: | +23.61% | |
Price / MAexp7: | +5.33% | |
Price / MAexp20: | +13.12% | |
Price / MAexp50: | +19.25% | |
Price / MAexp100: | +24.68% |
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