BITCOIN - BTC/USD - 15 min. - Technical analysis published on 03/02/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
39%
39%
22%
My opinion
Bearish under 48,169.23 USD
My targets
46,510.41 USD (-2.26%)
43,383.69 USD (-8.83%)
My analysis
The bearish trend is currently very strong for BITCOIN - BTC/USD. As long as the price remains below the resistance at 48,169.23 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 46,510.41 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 43,383.69 USD as an objective. Crossing it would then enable sellers to target 41,724.87 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.7
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This analysis was given by sadaghiyani. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN - BTC/USD rating is 47,584.37 USD. On the day, this instrument lost -4.14% and was traded between 47,162.45 USD and 50,246.66 USD over the period. The price is currently at +0.89% from its lowest and -5.30% from its highest.47,162.45
50,246.66
47,584.37
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
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 15 min. chart of BITCOIN - BTC/USD indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 15 minutes
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
Long black line
Type : Bearish
Timeframe : 15 minutes
Bearish engulfing lines
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 43,018.20 | 44,914.60 | 46,807.10 | 47,584.37 | 48,416.00 | 49,573.20 | 51,431.00 |
| Change (%) | -9.60% | -5.61% | -1.63% | - | +1.75% | +4.18% | +8.08% |
| Change | -4,566.17 | -2,669.77 | -777.27 | - | +831.63 | +1,988.83 | +3,846.63 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Major | 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 | 41,724.87 | 43,383.69 | 46,510.41 | 48,169.23 | 51,295.95 | 52,954.77 | 56,081.49 |
| Camarilla | 48,321.11 | 48,759.78 | 49,198.45 | 49,637.13 | 50,075.80 | 50,514.48 | 50,953.15 |
| Woodie | 42,458.82 | 43,750.67 | 47,244.36 | 48,536.21 | 52,029.90 | 53,321.74 | 56,815.44 |
| Fibonacci | 43,383.69 | 45,211.77 | 46,341.15 | 48,169.23 | 49,997.31 | 51,126.69 | 52,954.77 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26,540.79 | 35,343.34 | 40,761.59 | 49,564.15 | 54,982.39 | 63,784.94 | 69,203.19 |
| Camarilla | 42,269.12 | 43,572.69 | 44,876.27 | 46,179.84 | 47,483.41 | 48,786.99 | 50,090.56 |
| Woodie | 24,848.64 | 34,497.27 | 39,069.44 | 48,718.07 | 53,290.24 | 62,938.87 | 67,511.04 |
| Fibonacci | 35,343.34 | 40,775.69 | 44,131.80 | 49,564.15 | 54,996.49 | 58,352.60 | 63,784.94 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,232.67 | 19,282.43 | 32,267.17 | 45,316.93 | 58,301.66 | 71,351.43 | 84,336.16 |
| Camarilla | 38,092.41 | 40,478.91 | 42,865.40 | 45,251.90 | 47,638.39 | 50,024.89 | 52,411.38 |
| Woodie | 6,200.15 | 19,266.17 | 32,234.65 | 45,300.68 | 58,269.15 | 71,335.18 | 84,303.65 |
| Fibonacci | 19,282.43 | 29,227.61 | 35,371.75 | 45,316.93 | 55,262.11 | 61,406.26 | 71,351.43 |
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): | 43.01 | |
| MACD (12,26,9): | -318.3700 | |
| Directional Movement: | -12.50 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 47,605.66 | |
| Parabolic SAR (0,02-0,02-0,2): | 47,162.45 | |
| Elder Ray (13): | -106.18 | |
| Super Trend (3,10): | 48,692.41 | |
| Zig ZAG (10): | 47,745.50 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 36.93 | |
| TEMA (21): | 47,472.27 | |
| Williams %R (14): | -62.95 | |
| Chande Momentum Oscillator (20): | 171.91 | |
| Repulse (5,40,3): | 0.0500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0900 | |
| Courbe Coppock: | 2.99 |
| MA7: | 47,417.56 | |
| MA20: | 49,831.58 | |
| MA50: | 41,608.56 | |
| MA100: | 32,998.71 | |
| MAexp7: | 47,794.22 | |
| MAexp20: | 48,016.64 | |
| MAexp50: | 48,409.22 | |
| MAexp100: | 48,405.04 | |
| Price / MA7: | +0.35% | |
| Price / MA20: | -4.51% | |
| Price / MA50: | +14.36% | |
| Price / MA100: | +44.20% | |
| Price / MAexp7: | -0.43% | |
| Price / MAexp20: | -0.89% | |
| Price / MAexp50: | -1.70% | |
| Price / MAexp100: | -1.69% |
Quotes :
2021-03-02 19:57:28
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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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