BITCOIN - BTC/USD - 1H - Technical analysis published on 01/25/2022 (GMT)
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- Timeframe : 1H
- - 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:
Slightly bullish
Technical indicators
56%
22%
22%
My opinion
Bullish above 35,494.80 USD
My targets
38,301.00 USD (+4.98%)
40,643.20 USD (+11.40%)
My analysis
The strong short-term increase for BITCOIN - BTC/USD reinforces the current slightly bullish trend. As long as the price remains above 35,494.80 USD, you could take advantage of this bullish acceleration. The first bullish objective is located at 38,301.00 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 40,643.20 USD as an objective. Crossing it would then enable buyers to target 42,640.00 USD. A return to 35,494.80 USD would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.6
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This analysis was given by baltbach. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN - BTC/USD price is 36,483.08 USD. On the day, this instrument lost -0.60% with the lowest point at 35,720.50 USD and the highest point at 36,779.19 USD. The deviation from the price is +2.13% for the low point and -0.81% for the high point.35,720.50
36,779.19
36,483.08
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this BITCOIN - BTC/USD chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 10 are bullish, 4 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 32,983.10 | 34,243.90 | 35,494.80 | 36,483.08 | 36,532.10 | 38,301.00 | 40,643.20 |
Change (%) | -9.59% | -6.14% | -2.71% | - | +0.13% | +4.98% | +11.40% |
Change | -3,499.98 | -2,239.18 | -988.28 | - | +49.02 | +1,817.92 | +4,160.12 |
Level | Intermediate | Intermediate | Minor | - | Minor | Minor | Major |
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 | 29,442.40 | 31,212.75 | 33,958.00 | 35,728.35 | 38,473.60 | 40,243.95 | 42,989.20 |
Camarilla | 35,461.46 | 35,875.39 | 36,289.32 | 36,703.25 | 37,117.18 | 37,531.11 | 37,945.04 |
Woodie | 29,929.85 | 31,456.48 | 34,445.45 | 35,972.08 | 38,961.05 | 40,487.68 | 43,476.65 |
Fibonacci | 31,212.75 | 32,937.71 | 34,003.39 | 35,728.35 | 37,453.31 | 38,518.99 | 40,243.95 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 22,157.53 | 28,112.89 | 31,596.19 | 37,551.55 | 41,034.85 | 46,990.21 | 50,473.51 |
Camarilla | 32,483.87 | 33,349.08 | 34,214.29 | 35,079.50 | 35,944.71 | 36,809.92 | 37,675.13 |
Woodie | 20,921.51 | 27,494.88 | 30,360.17 | 36,933.54 | 39,798.83 | 46,372.20 | 49,237.49 |
Fibonacci | 28,112.89 | 31,718.46 | 33,945.98 | 37,551.55 | 41,157.12 | 43,384.64 | 46,990.21 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 37,198.73 | 41,353.17 | 43,771.53 | 47,925.97 | 50,344.33 | 54,498.77 | 56,917.13 |
Camarilla | 44,382.38 | 44,984.89 | 45,587.39 | 46,189.90 | 46,792.41 | 47,394.91 | 47,997.42 |
Woodie | 36,330.70 | 40,919.15 | 42,903.50 | 47,491.95 | 49,476.30 | 54,064.75 | 56,049.10 |
Fibonacci | 41,353.17 | 43,863.98 | 45,415.16 | 47,925.97 | 50,436.78 | 51,987.96 | 54,498.77 |
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): | 56.85 | |
MACD (12,26,9): | 267.6600 | |
Directional Movement: | 7.39 | |
AROON (14): | 21.42 | |
DEMA (21): | 36,440.13 | |
Parabolic SAR (0,02-0,02-0,2): | 36,021.76 | |
Elder Ray (13): | 213.40 | |
Super Trend (3,10): | 35,118.80 | |
Zig ZAG (10): | 36,380.79 | |
VORTEX (21): | 1.2300 | |
Stochastique (14,3,5): | 63.46 | |
TEMA (21): | 36,542.35 | |
Williams %R (14): | -43.41 | |
Chande Momentum Oscillator (20): | 260.58 | |
Repulse (5,40,3): | -0.3700 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1200 | |
Courbe Coppock: | 0.40 |
MA7: | 37,602.89 | |
MA20: | 40,828.07 | |
MA50: | 45,189.59 | |
MA100: | 52,627.78 | |
MAexp7: | 36,301.78 | |
MAexp20: | 36,087.26 | |
MAexp50: | 35,854.67 | |
MAexp100: | 36,498.63 | |
Price / MA7: | -2.98% | |
Price / MA20: | -10.64% | |
Price / MA50: | -19.27% | |
Price / MA100: | -30.68% | |
Price / MAexp7: | +0.50% | |
Price / MAexp20: | +1.10% | |
Price / MAexp50: | +1.75% | |
Price / MAexp100: | -0.04% |
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.
About author
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…
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