BITCOIN - BTC/USD - 15 min. - Technical analysis published on 04/19/2021 (GMT)
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- Timeframe : 15 min.
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 56,307.96 USD
My targets
57,864.73 USD (+1.75%)
60,400.35 USD (+6.20%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on BITCOIN - BTC/USD. As long as you are above the support located at 56,307.96 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 57,864.73 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 60,400.35 USD as an objective. Crossing it would then enable buyers to target 64,523.77 USD. If the support 56,307.96 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2.5
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN - BTC/USD price is 56,871.50 USD. On the day, this instrument gained +1.06% and was traded between 55,808.83 USD and 57,596.94 USD over the period. The price is currently at +1.90% from its lowest and -1.26% from its highest.55,808.83
57,596.94
56,871.50
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
Here is a more detailed summary of the historical variations registered by BITCOIN - BTC/USD:
Technical
A technical analysis in 15 min. of this BITCOIN - BTC/USD chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
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
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
RSI indicator: bearish divergence
Type : Bearish
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
RSI indicator is back over 50
Type : Bullish
Timeframe : 15 minutes
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of channel
Type : Bearish
Timeframe : 15 minutes
Near resistance of triangle
Type : Bearish
Timeframe : 15 minutes
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
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 | 56,871.50 | 57,846.80 | 59,369.70 | 60,048.80 |
| Change (%) | -46.53% | -28.48% | -1.67% | - | +1.71% | +4.39% | +5.59% |
| Change | -26,461.70 | -16,198.90 | -948.70 | - | +975.30 | +2,498.20 | +3,177.30 |
| Level | Major | Intermediate | Major | - | Minor | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 43,968.73 | 48,092.15 | 52,184.54 | 56,307.96 | 60,400.35 | 64,523.77 | 68,616.16 |
| Camarilla | 54,017.57 | 54,770.69 | 55,523.80 | 56,276.92 | 57,030.04 | 57,783.15 | 58,536.27 |
| Woodie | 43,953.21 | 48,084.39 | 52,169.02 | 56,300.20 | 60,384.83 | 64,516.01 | 68,600.64 |
| Fibonacci | 48,092.15 | 51,230.59 | 53,169.52 | 56,307.96 | 59,446.40 | 61,385.33 | 64,523.77 |
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): | 47.32 | |
| MACD (12,26,9): | 43.8700 | |
| Directional Movement: | -5.31 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 57,092.66 | |
| Parabolic SAR (0,02-0,02-0,2): | 57,494.17 | |
| Elder Ray (13): | -49.92 | |
| Super Trend (3,10): | 56,599.89 | |
| Zig ZAG (10): | 57,078.05 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 33.11 | |
| TEMA (21): | 57,021.37 | |
| Williams %R (14): | -52.41 | |
| Chande Momentum Oscillator (20): | 205.31 | |
| Repulse (5,40,3): | 0.1000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.42 |
| MA7: | 60,647.06 | |
| MA20: | 59,257.68 | |
| MA50: | 56,538.52 | |
| MA100: | 48,835.27 | |
| MAexp7: | 56,987.92 | |
| MAexp20: | 57,010.22 | |
| MAexp50: | 56,789.83 | |
| MAexp100: | 56,832.82 | |
| Price / MA7: | -6.23% | |
| Price / MA20: | -4.03% | |
| Price / MA50: | +0.59% | |
| Price / MA100: | +16.46% | |
| Price / MAexp7: | -0.20% | |
| Price / MAexp20: | -0.24% | |
| Price / MAexp50: | +0.14% | |
| Price / MAexp100: | +0.07% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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