BITCOIN - BTC/USD - Daily - Technical analysis published on 09/25/2020 (GMT)
- 162
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bullish
Technical indicators
50%
6%
44%
My opinion
Neutral between 10,371.20 USD and 11,504.60 USD
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 11,504.60 USD. The first support is located at 10,371.20 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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 Jireh2360. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BITCOIN - BTC/USD rating 10,706.28 USD. The price is lower by -0.32% since the last closing with the lowest point at 10,553.01 USD and the highest point at 10,761.39 USD. The deviation from the price is +1.45% for the low point and -0.51% for the high point.10,553.01
10,761.39
10,706.28
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
Technical analysis of BITCOIN - BTC/USD in Daily shows an overall slightly bullish trend. Only 50.00% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7,367.90 | 9,272.16 | 10,371.20 | 10,706.28 | 11,504.60 | 12,932.90 | 19,345.50 |
| Change (%) | -31.18% | -13.40% | -3.13% | - | +7.46% | +20.80% | +80.69% |
| Change | -3,338.38 | -1,434.12 | -335.08 | - | +798.32 | +2,226.62 | +8,639.22 |
| Level | Minor | Intermediate | Major | - | Intermediate | Intermediate | Intermediate |
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 | 9,761.97 | 9,977.33 | 10,358.78 | 10,574.14 | 10,955.59 | 11,170.95 | 11,552.40 |
| Camarilla | 10,576.11 | 10,630.82 | 10,685.52 | 10,740.23 | 10,794.94 | 10,849.65 | 10,904.35 |
| Woodie | 9,845.02 | 10,018.85 | 10,441.83 | 10,615.66 | 11,038.64 | 11,212.47 | 11,635.45 |
| Fibonacci | 9,977.33 | 10,205.31 | 10,346.16 | 10,574.14 | 10,802.12 | 10,942.97 | 11,170.95 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,507.64 | 9,859.62 | 10,470.34 | 10,822.32 | 11,433.04 | 11,785.02 | 12,395.74 |
| Camarilla | 10,816.32 | 10,904.57 | 10,992.81 | 11,081.06 | 11,169.31 | 11,257.56 | 11,345.80 |
| Woodie | 9,637.01 | 9,924.31 | 10,599.71 | 10,887.01 | 11,562.41 | 11,849.71 | 12,525.11 |
| Fibonacci | 9,859.62 | 10,227.37 | 10,454.57 | 10,822.32 | 11,190.07 | 11,417.27 | 11,785.02 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,975.53 | 9,837.67 | 10,747.93 | 11,610.07 | 12,520.33 | 13,382.47 | 14,292.73 |
| Camarilla | 11,170.79 | 11,333.26 | 11,495.73 | 11,658.20 | 11,820.67 | 11,983.14 | 12,145.61 |
| Woodie | 8,999.60 | 9,849.70 | 10,772.00 | 11,622.10 | 12,544.40 | 13,394.50 | 14,316.80 |
| Fibonacci | 9,837.67 | 10,514.72 | 10,933.01 | 11,610.07 | 12,287.12 | 12,705.41 | 13,382.47 |
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): | 49.05 | |
| MACD (12,26,9): | -95.2600 | |
| Directional Movement: | -4.55 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 10,570.27 | |
| Parabolic SAR (0,02-0,02-0,2): | 11,133.22 | |
| Elder Ray (13): | -9.67 | |
| Super Trend (3,10): | 11,505.38 | |
| Zig ZAG (10): | 10,712.18 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 40.71 | |
| TEMA (21): | 10,551.11 | |
| Williams %R (14): | -45.29 | |
| Chande Momentum Oscillator (20): | 371.74 | |
| Repulse (5,40,3): | 2.4500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1900 | |
| Courbe Coppock: | 6.05 |
| MA7: | 10,662.34 | |
| MA20: | 10,571.84 | |
| MA50: | 11,156.22 | |
| MA100: | 10,449.65 | |
| MAexp7: | 10,644.34 | |
| MAexp20: | 10,714.83 | |
| MAexp50: | 10,787.36 | |
| MAexp100: | 10,466.28 | |
| Price / MA7: | +0.41% | |
| Price / MA20: | +1.27% | |
| Price / MA50: | -4.03% | |
| Price / MA100: | +2.46% | |
| Price / MAexp7: | +0.58% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | -0.75% | |
| Price / MAexp100: | +2.29% |
Quotes :
2020-09-25 19:31:12
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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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