BITCOIN - BTC/USD
BITCOIN - BTC/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: BTCUSD
ISIN:

BITCOIN - BTC/USD - 15 min. - Technical analysis published on 03/01/2021 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 44,974.83 USD
My targets
46,931.46 USD (+0.38%)
48,611.02 USD (+3.98%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on BITCOIN - BTC/USD. This is a positive signal for buyers. As long as the price remains above 44,974.83 USD, a purchase could be considered. The first bullish objective is located at 46,931.46 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 48,611.02 USD as an objective. Crossing it would then enable buyers to target 50,567.65 USD. In the event of a return below 44,974.83 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.1

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 boppip. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

BITCOIN - BTC/USD rating 46,751.79 USD. On the day, this instrument gained +3.32% with the lowest point at 45,042.51 USD and the highest point at 46,884.08 USD. The deviation from the price is +3.79% for the low point and -0.28% for the high point.

45,042.51
46,884.08
46,751.79

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this 15 min. chart of BITCOIN - BTC/USD indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced 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.

In fact, 14 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

White gravestone / inverted hammer

Type : Neutral

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 30,457.50 40,672.60 44,898.20 46,751.79 46,787.90 48,466.20 51,440.10
Change (%) -34.85% -13.00% -3.96% - +0.08% +3.67% +10.03%
Change -16,294.29 -6,079.19 -1,853.59 - +36.11 +1,714.41 +4,688.31
Level Intermediate Major Intermediate - Minor Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard39,659.0841,338.6543,295.2744,974.8346,931.4648,611.0250,567.65
Camarilla44,251.9544,585.2644,918.5845,251.9045,585.2245,918.5346,251.85
Woodie39,797.6241,407.9143,433.8045,044.1047,069.9948,680.2950,706.18
Fibonacci41,338.6542,727.6743,585.8144,974.8346,363.8647,222.0048,611.02


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard26,540.7935,343.3440,761.5949,564.1554,982.3963,784.9469,203.19
Camarilla42,269.1243,572.6944,876.2746,179.8447,483.4148,786.9950,090.56
Woodie24,848.6434,497.2739,069.4448,718.0753,290.2462,938.8767,511.04
Fibonacci35,343.3440,775.6944,131.8049,564.1554,996.4958,352.6063,784.94


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6,232.6719,282.4332,267.1745,316.9358,301.6671,351.4384,336.16
Camarilla38,092.4140,478.9142,865.4045,251.9047,638.3950,024.8952,411.38
Woodie6,200.1519,266.1732,234.6545,300.6858,269.1571,335.1884,303.65
Fibonacci19,282.4329,227.6135,371.7545,316.9355,262.1161,406.2671,351.43

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): 69.56
MACD (12,26,9): 498.0000
Directional Movement: 21.48
AROON (14): 71.43
DEMA (21): 46,509.75
Parabolic SAR (0,02-0,02-0,2): 45,390.79
Elder Ray (13): 500.29
Super Trend (3,10): 45,691.89
Zig ZAG (10): 46,857.99
VORTEX (21): 1.2200
Stochastique (14,3,5): 93.58
TEMA (21): 46,828.72
Williams %R (14): -5.85
Chande Momentum Oscillator (20): 1,382.21
Repulse (5,40,3): 0.7600
ROCnROLL: 1
TRIX (15,9): 0.1600
Courbe Coppock: 4.11
MA7: 47,114.61
MA20: 49,524.97
MA50: 41,298.48
MA100: 32,673.64
MAexp7: 46,192.29
MAexp20: 45,803.99
MAexp50: 45,225.07
MAexp100: 45,223.49
Price / MA7: -0.77%
Price / MA20: -5.60%
Price / MA50: +13.20%
Price / MA100: +43.09%
Price / MAexp7: +1.24%
Price / MAexp20: +2.10%
Price / MAexp50: +3.40%
Price / MAexp100: +3.41%

Quotes : 2021-03-01 02:38:34 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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