BITCOIN - BTC/USD - 15 min. - Technical analysis published on 08/13/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 11,468.52 USD
My targets
11,888.69 USD (+0.97%)
12,152.59 USD (+3.21%)
My analysis
The bullish trend is currently very strong on BITCOIN - BTC/USD. As long as the price remains above the support at 11,468.52 USD, you could try to benefit from the boom. The first bullish objective is located at 11,888.69 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 12,152.59 USD as an objective. Crossing it would then enable buyers to target 12,932.90 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
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
8
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Additional analysis
Quotes
The BITCOIN - BTC/USD price is 11,774.09 USD. On the day, this instrument gained +1.71% with the lowest point at 11,282.35 USD and the highest point at 11,794.95 USD. The deviation from the price is +4.36% for the low point and -0.18% for the high point.11,282.35
11,794.95
11,774.09
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of BITCOIN - BTC/USD in 15 min. shows a strongly overall 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 12 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of triangle is broken
Type : Bearish
Timeframe : 15 minutes
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Dark cloud cover
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 11,350.60 | 11,533.70 | 11,664.40 | 11,774.09 | 11,828.90 | 11,918.40 | 12,081.80 |
| Change (%) | -3.60% | -2.04% | -0.93% | - | +0.47% | +1.23% | +2.61% |
| Change | -423.49 | -240.39 | -109.69 | - | +54.81 | +144.31 | +307.71 |
| Level | Minor | Intermediate | Minor | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10,892.08 | 11,048.35 | 11,312.25 | 11,468.52 | 11,732.42 | 11,888.69 | 12,152.59 |
| Camarilla | 11,460.61 | 11,499.13 | 11,537.65 | 11,576.16 | 11,614.68 | 11,653.19 | 11,691.71 |
| Woodie | 10,945.91 | 11,075.26 | 11,366.08 | 11,495.43 | 11,786.25 | 11,915.60 | 12,206.42 |
| Fibonacci | 11,048.35 | 11,208.85 | 11,308.01 | 11,468.52 | 11,629.02 | 11,728.18 | 11,888.69 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,531.77 | 10,115.79 | 10,945.67 | 11,529.69 | 12,359.57 | 12,943.59 | 13,773.47 |
| Camarilla | 11,386.74 | 11,516.35 | 11,645.95 | 11,775.56 | 11,905.17 | 12,034.78 | 12,164.38 |
| Woodie | 9,654.71 | 10,177.26 | 11,068.61 | 11,591.16 | 12,482.51 | 13,005.06 | 13,896.41 |
| Fibonacci | 10,115.79 | 10,655.90 | 10,989.58 | 11,529.69 | 12,069.80 | 12,403.48 | 12,943.59 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,171.52 | 8,050.55 | 9,701.13 | 10,580.16 | 12,230.74 | 13,109.77 | 14,760.35 |
| Camarilla | 10,656.06 | 10,887.94 | 11,119.82 | 11,351.70 | 11,583.58 | 11,815.46 | 12,047.34 |
| Woodie | 7,557.28 | 8,243.44 | 10,086.90 | 10,773.05 | 12,616.51 | 13,302.66 | 15,146.12 |
| Fibonacci | 8,050.55 | 9,016.86 | 9,613.85 | 10,580.16 | 11,546.47 | 12,143.46 | 13,109.77 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 72.33 | |
| MACD (12,26,9): | 68.6600 | |
| Directional Movement: | 27.64 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 11,772.65 | |
| Parabolic SAR (0,02-0,02-0,2): | 11,735.22 | |
| Elder Ray (13): | 50.98 | |
| Super Trend (3,10): | 11,641.00 | |
| Zig ZAG (10): | 11,762.75 | |
| VORTEX (21): | 1.3100 | |
| Stochastique (14,3,5): | 87.21 | |
| TEMA (21): | 11,792.43 | |
| Williams %R (14): | -16.23 | |
| Chande Momentum Oscillator (20): | 173.98 | |
| Repulse (5,40,3): | -0.1200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 3.69 |
| MA7: | 11,669.72 | |
| MA20: | 11,287.37 | |
| MA50: | 10,058.46 | |
| MA100: | 9,748.27 | |
| MAexp7: | 11,719.31 | |
| MAexp20: | 11,675.92 | |
| MAexp50: | 11,598.67 | |
| MAexp100: | 11,561.32 | |
| Price / MA7: | +0.89% | |
| Price / MA20: | +4.31% | |
| Price / MA50: | +17.06% | |
| Price / MA100: | +20.78% | |
| Price / MAexp7: | +0.47% | |
| Price / MAexp20: | +0.84% | |
| Price / MAexp50: | +1.51% | |
| Price / MAexp100: | +1.84% |
Quotes :
2020-08-13 23:49:34
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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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