BITCOIN - BTC/USD - 15 min. - Technical analysis published on 06/15/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 40,105.72 USD
My targets
39,181.43 USD (-1.87%)
37,837.22 USD (-5.24%)
My analysis
BITCOIN - BTC/USD is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 40,105.72 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 39,181.43 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 37,837.22 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 36,912.93 USD. Beware of a possible return to above the resistance located at 40,105.72 USD which would be a sign of a correction of the short-term bearish excesses registered.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
2.9
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BITCOIN - BTC/USD rating 39,929.49 USD. The price registered a decrease of -1.47% on the session and was between 39,564.04 USD and 40,846.06 USD. This implies that the price is at +0.92% from its lowest and at -2.24% from its highest.39,564.04
40,846.06
39,929.49
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BITCOIN - BTC/USD:
Technical
Technical analysis of BITCOIN - BTC/USD in 15 min. shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from 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.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 35,838.50 | 38,389.80 | 39,801.90 | 39,929.49 | 40,672.60 | 51,327.60 | 57,611.20 |
| Change (%) | -10.25% | -3.86% | -0.32% | - | +1.86% | +28.55% | +44.28% |
| Change | -4,090.99 | -1,539.69 | -127.59 | - | +743.11 | +11,398.11 | +17,681.71 |
| Level | Intermediate | Intermediate | Minor | - | Major | 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 | 36,912.93 | 37,837.22 | 39,181.43 | 40,105.72 | 41,449.93 | 42,374.22 | 43,718.43 |
| Camarilla | 39,901.79 | 40,109.74 | 40,317.68 | 40,525.63 | 40,733.58 | 40,941.52 | 41,149.47 |
| Woodie | 37,122.88 | 37,942.20 | 39,391.38 | 40,210.70 | 41,659.88 | 42,479.20 | 43,928.38 |
| Fibonacci | 37,837.22 | 38,703.79 | 39,239.16 | 40,105.72 | 40,972.29 | 41,507.66 | 42,374.22 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24,227.05 | 27,630.68 | 31,582.55 | 34,986.18 | 38,938.05 | 42,341.68 | 46,293.55 |
| Camarilla | 33,511.67 | 34,185.92 | 34,860.18 | 35,534.43 | 36,208.68 | 36,882.94 | 37,557.19 |
| Woodie | 24,501.18 | 27,767.74 | 31,856.68 | 35,123.24 | 39,212.18 | 42,478.74 | 46,567.68 |
| Fibonacci | 27,630.68 | 30,440.48 | 32,176.38 | 34,986.18 | 37,795.98 | 39,531.88 | 42,341.68 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -4,574.17 | 12,716.37 | 25,010.13 | 42,300.67 | 54,594.43 | 71,884.97 | 84,178.73 |
| Camarilla | 29,168.22 | 31,880.11 | 34,592.01 | 37,303.90 | 40,015.79 | 42,727.69 | 45,439.58 |
| Woodie | -7,072.55 | 11,467.18 | 22,511.75 | 41,051.48 | 52,096.05 | 70,635.78 | 81,680.35 |
| Fibonacci | 12,716.37 | 24,017.57 | 30,999.46 | 42,300.67 | 53,601.87 | 60,583.76 | 71,884.97 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.97 | |
| MACD (12,26,9): | -90.6800 | |
| Directional Movement: | -7.08 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 40,003.80 | |
| Parabolic SAR (0,02-0,02-0,2): | 40,210.68 | |
| Elder Ray (13): | 23.05 | |
| Super Trend (3,10): | 40,325.85 | |
| Zig ZAG (10): | 40,022.67 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 55.96 | |
| TEMA (21): | 39,977.46 | |
| Williams %R (14): | -51.12 | |
| Chande Momentum Oscillator (20): | -199.90 | |
| Repulse (5,40,3): | -0.1200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 1.62 |
| MA7: | 38,067.19 | |
| MA20: | 36,842.34 | |
| MA50: | 44,327.74 | |
| MA100: | 50,630.53 | |
| MAexp7: | 40,036.76 | |
| MAexp20: | 40,113.20 | |
| MAexp50: | 40,162.25 | |
| MAexp100: | 39,910.50 | |
| Price / MA7: | +4.89% | |
| Price / MA20: | +8.38% | |
| Price / MA50: | -9.92% | |
| Price / MA100: | -21.14% | |
| Price / MAexp7: | -0.27% | |
| Price / MAexp20: | -0.46% | |
| Price / MAexp50: | -0.58% | |
| Price / MAexp100: | +0.05% |
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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