BITCOIN - BTC/USD - 15 min. - Technical analysis published on 10/06/2020 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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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:
Bearish
De fond:
Bearish
Technical indicators
61%
0%
39%
My opinion
Bearish under 10,679.21 USD
My targets
10,501.91 USD (-0.34%)
10,371.20 USD (-1.58%)
My analysis
There is a bearish trend on BITCOIN - BTC/USD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 10,679.21 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 10,501.91 USD. Then the price could move towards 10,371.20 USD. Then 9,002.75 USD by extension. Be careful, a return to above the resistance 10,679.21 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0.9
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Additional analysis
Quotes
The BITCOIN - BTC/USD rating is 10,538.21 USD. The price registered a decrease of -2.39% on the session and was between 10,535.45 USD and 10,802.30 USD. This implies that the price is at +0.03% from its lowest and at -2.44% from its highest.10,535.45
10,802.30
10,538.21
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BITCOIN - BTC/USD:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of BITCOIN - BTC/USD in 15 min. shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 15 minutes
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 15 minutes
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 15 minutes
Aroon indicator bearish trend
Type : Bearish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9,002.75 | 10,371.20 | 10,524.00 | 10,538.21 | 10,638.40 | 10,729.50 | 10,774.50 |
| Change (%) | -14.57% | -1.58% | -0.13% | - | +0.95% | +1.82% | +2.24% |
| Change | -1,535.46 | -167.01 | -14.21 | - | +100.19 | +191.29 | +236.29 |
| Level | Intermediate | Major | Minor | - | Major | Minor | 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 | 10,501.91 | 10,561.98 | 10,679.21 | 10,739.28 | 10,856.51 | 10,916.58 | 11,033.81 |
| Camarilla | 10,747.69 | 10,763.95 | 10,780.20 | 10,796.45 | 10,812.70 | 10,828.96 | 10,845.21 |
| Woodie | 10,530.50 | 10,576.27 | 10,707.80 | 10,753.57 | 10,885.10 | 10,930.87 | 11,062.40 |
| Fibonacci | 10,561.98 | 10,629.71 | 10,671.55 | 10,739.28 | 10,807.01 | 10,848.85 | 10,916.58 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,703.58 | 10,033.74 | 10,292.28 | 10,622.44 | 10,880.98 | 11,211.14 | 11,469.68 |
| Camarilla | 10,388.93 | 10,442.89 | 10,496.86 | 10,550.82 | 10,604.78 | 10,658.75 | 10,712.71 |
| Woodie | 9,667.77 | 10,015.84 | 10,256.47 | 10,604.54 | 10,845.17 | 11,193.23 | 11,433.87 |
| Fibonacci | 10,033.74 | 10,258.62 | 10,397.56 | 10,622.44 | 10,847.32 | 10,986.26 | 11,211.14 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,533.72 | 8,697.37 | 9,736.49 | 10,900.14 | 11,939.26 | 13,102.91 | 14,142.03 |
| Camarilla | 10,169.84 | 10,371.76 | 10,573.68 | 10,775.60 | 10,977.52 | 11,179.44 | 11,381.36 |
| Woodie | 7,471.45 | 8,666.24 | 9,674.22 | 10,869.01 | 11,876.98 | 13,071.78 | 14,079.75 |
| Fibonacci | 8,697.37 | 9,538.83 | 10,058.69 | 10,900.14 | 11,741.60 | 12,261.46 | 13,102.91 |
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): | 55.46 | |
| MACD (12,26,9): | 2.7200 | |
| Directional Movement: | -1.62 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 10,713.71 | |
| Parabolic SAR (0,02-0,02-0,2): | 10,671.06 | |
| Elder Ray (13): | 10.53 | |
| Super Trend (3,10): | 10,663.62 | |
| Zig ZAG (10): | 10,736.21 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 72.94 | |
| TEMA (21): | 10,724.20 | |
| Williams %R (14): | -23.16 | |
| Chande Momentum Oscillator (20): | 23.30 | |
| Repulse (5,40,3): | 0.1800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.59 |
| MA7: | 10,667.00 | |
| MA20: | 10,712.70 | |
| MA50: | 10,919.75 | |
| MA100: | 10,602.59 | |
| MAexp7: | 10,710.99 | |
| MAexp20: | 10,711.14 | |
| MAexp50: | 10,716.89 | |
| MAexp100: | 10,718.83 | |
| Price / MA7: | -1.21% | |
| Price / MA20: | -1.63% | |
| Price / MA50: | -3.49% | |
| Price / MA100: | -0.61% | |
| Price / MAexp7: | -1.61% | |
| Price / MAexp20: | -1.61% | |
| Price / MAexp50: | -1.67% | |
| Price / MAexp100: | -1.69% |
Quotes :
2020-10-06 19:07:25
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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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