BITCOIN - BTC/USD - 15 min. - Technical analysis published on 04/18/2021 (GMT)
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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
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
72%
6%
22%
My opinion
Bullish above 56,071.09 USD
My targets
58,977.89 USD (+4.57%)
60,796.95 USD (+7.80%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for BITCOIN - BTC/USD as long as the price remains well above 56,071.09 USD. The buyers” bullish objective is set at 58,977.89 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 60,796.95 USD. If there is any crossing, the next objective would be the resistance located at 61,884.69 USD.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.9
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Additional analysis
Quotes
BITCOIN - BTC/USD rating 56,397.81 USD. The price is lower by -6.11% since the last closing with the lowest point at 52,215.58 USD and the highest point at 60,431.39 USD. The deviation from the price is +8.01% for the low point and -6.67% for the high point.52,215.58
60,431.39
56,397.81
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
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 (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of BITCOIN - BTC/USD in 15 min. shows a neutral overall trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
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 3
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 3
Type : Neutral
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 | 30,409.80 | 40,672.60 | 55,922.80 | 56,397.81 | 57,846.80 | 59,369.70 | 60,048.80 |
| Change (%) | -46.08% | -27.88% | -0.84% | - | +2.57% | +5.27% | +6.47% |
| Change | -25,988.01 | -15,725.21 | -475.01 | - | +1,448.99 | +2,971.89 | +3,650.99 |
| Level | Major | Intermediate | Major | - | Minor | Minor | Minor |
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 | 56,071.09 | 57,890.15 | 58,977.89 | 60,796.95 | 61,884.69 | 63,703.75 | 64,791.49 |
| Camarilla | 59,266.27 | 59,532.73 | 59,799.18 | 60,065.64 | 60,332.10 | 60,598.55 | 60,865.01 |
| Woodie | 55,705.44 | 57,707.32 | 58,612.24 | 60,614.12 | 61,519.04 | 63,520.92 | 64,425.84 |
| Fibonacci | 57,890.15 | 59,000.54 | 59,686.55 | 60,796.95 | 61,907.34 | 62,593.35 | 63,703.75 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52,150.53 | 55,663.81 | 57,864.73 | 61,378.01 | 63,578.93 | 67,092.21 | 69,293.13 |
| Camarilla | 58,494.24 | 59,018.04 | 59,541.84 | 60,065.64 | 60,589.44 | 61,113.24 | 61,637.05 |
| Woodie | 51,494.34 | 55,335.72 | 57,208.54 | 61,049.92 | 62,922.74 | 66,764.12 | 68,636.94 |
| Fibonacci | 55,663.81 | 57,846.64 | 59,195.19 | 61,378.01 | 63,560.84 | 64,909.39 | 67,092.21 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31,887.30 | 38,464.90 | 48,631.10 | 55,208.70 | 65,374.90 | 71,952.50 | 82,118.70 |
| Camarilla | 54,192.76 | 55,727.60 | 57,262.45 | 58,797.30 | 60,332.15 | 61,867.00 | 63,401.85 |
| Woodie | 33,681.60 | 39,362.05 | 50,425.40 | 56,105.85 | 67,169.20 | 72,849.65 | 83,913.00 |
| Fibonacci | 38,464.90 | 44,861.03 | 48,812.57 | 55,208.70 | 61,604.83 | 65,556.37 | 71,952.50 |
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): | 59.56 | |
| MACD (12,26,9): | 219.2800 | |
| Directional Movement: | 4.30 | |
| AROON (14): | 64.28 | |
| DEMA (21): | 56,079.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 55,285.94 | |
| Elder Ray (13): | 163.09 | |
| Super Trend (3,10): | 55,318.50 | |
| Zig ZAG (10): | 56,047.62 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 80.49 | |
| TEMA (21): | 56,275.71 | |
| Williams %R (14): | -27.60 | |
| Chande Momentum Oscillator (20): | 688.64 | |
| Repulse (5,40,3): | -0.2100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 2.64 |
| MA7: | 60,997.49 | |
| MA20: | 59,363.99 | |
| MA50: | 56,303.97 | |
| MA100: | 48,668.16 | |
| MAexp7: | 55,996.05 | |
| MAexp20: | 55,838.81 | |
| MAexp50: | 55,836.28 | |
| MAexp100: | 56,707.50 | |
| Price / MA7: | -7.54% | |
| Price / MA20: | -5.00% | |
| Price / MA50: | +0.17% | |
| Price / MA100: | +15.88% | |
| Price / MAexp7: | +0.72% | |
| Price / MAexp20: | +1.00% | |
| Price / MAexp50: | +1.01% | |
| Price / MAexp100: | -0.55% |
Quotes :
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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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