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 04/16/2021 (GMT)

  • 206
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 62,246.33 USD
My targets
60,463.71 USD (-0.27%)
59,369.70 USD (-2.07%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BITCOIN - BTC/USD as long as the price remains well below 62,246.33 USD. The sellers” bearish objective is set at 60,463.71 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 59,369.70 USD. In case of crossing, the next objective would be the support located at 58,338.70 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
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 sadaghiyani. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

BITCOIN - BTC/USD rating 60,625.55 USD. The price is lower by -4.13% since the last closing and was traded between 60,049.18 USD and 63,588.32 USD over the period. The price is currently at +0.96% from its lowest and -4.66% from its highest.

60,049.18
63,588.32
60,625.55

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


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 this 15 min. chart of BITCOIN - BTC/USD indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 15 minutes


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 15 minutes


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 15 minutes


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : 15 minutes



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 55,922.80 58,338.70 59,369.70 60,625.55 61,170.60 63,486.70 64,886.40
Change (%) -7.76% -3.77% -2.07% - +0.90% +4.72% +7.03%
Change -4,702.75 -2,286.85 -1,255.85 - +545.05 +2,861.15 +4,260.85
Level Major Minor 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
Standard60,463.7161,253.7362,246.3363,036.3564,028.9564,818.9765,811.57
Camarilla62,748.7062,912.1163,075.5163,238.9263,402.3363,565.7363,729.14
Woodie60,564.9961,304.3862,347.6163,087.0064,130.2364,869.6265,912.85
Fibonacci61,253.7361,934.6962,355.3963,036.3563,717.3164,138.0164,818.97


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard50,577.2352,992.1756,385.9358,800.8762,194.6364,609.5768,003.33
Camarilla58,182.3158,714.7759,247.2459,779.7060,312.1660,844.6361,377.09
Woodie51,066.6553,236.8856,875.3559,045.5862,684.0564,854.2868,492.75
Fibonacci52,992.1755,211.0956,581.9458,800.8761,019.7962,390.6464,609.57


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard31,887.3038,464.9048,631.1055,208.7065,374.9071,952.5082,118.70
Camarilla54,192.7655,727.6057,262.4558,797.3060,332.1561,867.0063,401.85
Woodie33,681.6039,362.0550,425.4056,105.8567,169.2072,849.6583,913.00
Fibonacci38,464.9044,861.0348,812.5755,208.7061,604.8365,556.3771,952.50

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): 34.29
MACD (12,26,9): -465.2300
Directional Movement: -24.16
AROON (14): -85.71
DEMA (21): 60,506.54
Parabolic SAR (0,02-0,02-0,2): 61,178.00
Elder Ray (13): -403.42
Super Trend (3,10): 61,594.96
Zig ZAG (10): 60,531.73
VORTEX (21): 0.8200
Stochastique (14,3,5): 8.66
TEMA (21): 60,316.18
Williams %R (14): -90.27
Chande Momentum Oscillator (20): -1,209.93
Repulse (5,40,3): -0.4700
ROCnROLL: 2
TRIX (15,9): -0.1100
Courbe Coppock: 3.25
MA7: 61,393.48
MA20: 59,153.94
MA50: 55,810.97
MA100: 48,298.08
MAexp7: 60,574.79
MAexp20: 61,103.20
MAexp50: 61,816.03
MAexp100: 62,290.75
Price / MA7: -1.25%
Price / MA20: +2.49%
Price / MA50: +8.63%
Price / MA100: +25.52%
Price / MAexp7: +0.08%
Price / MAexp20: -0.78%
Price / MAexp50: -1.93%
Price / MAexp100: -2.67%

Quotes : - Real time data - Cryptocompare

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

About author

Online

Overall rating :
15090
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis BITCOIN - BTC/USD - 15 min.