BITCOIN - BTC/USD - 15 min. - Technical analysis published on 09/24/2021 (GMT)
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- 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:
Bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 44,329.46 USD
My targets
42,460.26 USD (-2.73%)
41,806.12 USD (-4.23%)
My analysis
BITCOIN - BTC/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 44,329.46 USD. The next support located at 42,460.26 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 41,806.12 USD. Below this support, sellers could then target 40,574.60 USD.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.6
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 rating is 43,653.14 USD. The price registered a decrease of -2.76% on the session and was traded between 43,483.57 USD and 45,138.89 USD over the period. The price is currently at +0.39% from its lowest and -3.29% from its highest.43,483.57
45,138.89
43,653.14
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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 bearish trend. 64.29% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 15 minutes
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 15 minutes
Bullish price crossover with adaptative 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 is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Aroon indicator bullish trend
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
Resistance of triangle is broken
Type : Bullish
Timeframe : 15 minutes
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 | 40,574.60 | 42,491.80 | 43,417.20 | 43,653.14 | 44,825.70 | 47,078.10 | 48,772.40 |
| Change (%) | -7.05% | -2.66% | -0.54% | - | +2.69% | +7.85% | +11.73% |
| Change | -3,078.54 | -1,161.34 | -235.94 | - | +1,172.56 | +3,424.96 | +5,119.26 |
| Level | Major | Minor | Intermediate | - | Major | Intermediate | 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 | 41,806.12 | 42,460.26 | 43,675.32 | 44,329.46 | 45,544.52 | 46,198.66 | 47,413.72 |
| Camarilla | 44,376.35 | 44,547.69 | 44,719.04 | 44,890.38 | 45,061.72 | 45,233.07 | 45,404.41 |
| Woodie | 42,086.58 | 42,600.49 | 43,955.78 | 44,469.69 | 45,824.98 | 46,338.89 | 47,694.18 |
| Fibonacci | 42,460.26 | 43,174.29 | 43,615.43 | 44,329.46 | 45,043.49 | 45,484.63 | 46,198.66 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 39,474.13 | 41,427.07 | 44,866.53 | 46,819.47 | 50,258.93 | 52,211.87 | 55,651.33 |
| Camarilla | 46,823.09 | 47,317.39 | 47,811.70 | 48,306.00 | 48,800.30 | 49,294.61 | 49,788.91 |
| Woodie | 40,217.40 | 41,798.70 | 45,609.80 | 47,191.10 | 51,002.20 | 52,583.50 | 56,394.60 |
| Fibonacci | 41,427.07 | 43,486.96 | 44,759.57 | 46,819.47 | 48,879.36 | 50,151.97 | 52,211.87 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 30,599.30 | 35,251.40 | 41,196.60 | 45,848.70 | 51,793.90 | 56,446.00 | 62,391.20 |
| Camarilla | 44,227.54 | 45,198.96 | 46,170.38 | 47,141.80 | 48,113.22 | 49,084.64 | 50,056.06 |
| Woodie | 31,245.85 | 35,574.68 | 41,843.15 | 46,171.98 | 52,440.45 | 56,769.28 | 63,037.75 |
| Fibonacci | 35,251.40 | 39,299.57 | 41,800.53 | 45,848.70 | 49,896.87 | 52,397.83 | 56,446.00 |
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): | 45.56 | |
| MACD (12,26,9): | 64.9900 | |
| Directional Movement: | -9.89 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 44,616.81 | |
| Parabolic SAR (0,02-0,02-0,2): | 45,125.36 | |
| Elder Ray (13): | -352.76 | |
| Super Trend (3,10): | 45,042.38 | |
| Zig ZAG (10): | 44,037.84 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 43.68 | |
| TEMA (21): | 44,530.76 | |
| Williams %R (14): | -91.78 | |
| Chande Momentum Oscillator (20): | -656.20 | |
| Repulse (5,40,3): | -3.3400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 2.81 |
| MA7: | 44,651.54 | |
| MA20: | 46,314.58 | |
| MA50: | 46,862.22 | |
| MA100: | 40,902.52 | |
| MAexp7: | 44,856.19 | |
| MAexp20: | 44,524.71 | |
| MAexp50: | 44,488.20 | |
| MAexp100: | 44,318.21 | |
| Price / MA7: | -2.24% | |
| Price / MA20: | -5.75% | |
| Price / MA50: | -6.85% | |
| Price / MA100: | +6.72% | |
| Price / MAexp7: | -2.68% | |
| Price / MAexp20: | -1.96% | |
| Price / MAexp50: | -1.88% | |
| Price / MAexp100: | -1.50% |
Quotes :
-
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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