BITCOIN - BTC/USD - 15 min. - Technical analysis published on 06/24/2022 (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:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 20,718.39 USD
My targets
21,563.20 USD (+1.24%)
22,036.22 USD (+3.46%)
My analysis
The bullish trend is currently very strong on BITCOIN - BTC/USD. As long as the price remains above the support at 20,718.39 USD, you could try to benefit from the boom. The first bullish objective is located at 21,563.20 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 22,036.22 USD as an objective. Crossing it would then enable buyers to target 22,881.03 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.6
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This analysis was given by dobditdotcom. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BITCOIN - BTC/USD rating 21,298.29 USD. On the day, this instrument gained +0.99% with the lowest point at 20,726.86 USD and the highest point at 21,414.60 USD. The deviation from the price is +2.76% for the low point and -0.54% for the high point.20,726.86
21,414.60
21,298.29
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
A technical analysis in 15 min. of this BITCOIN - BTC/USD chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel 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 | 19,779.70 | 20,188.30 | 20,776.90 | 21,298.29 | 21,687.90 | 22,943.90 | 29,794.70 |
| Change (%) | -7.13% | -5.21% | -2.45% | - | +1.83% | +7.73% | +39.89% |
| Change | -1,518.59 | -1,109.99 | -521.39 | - | +389.61 | +1,645.61 | +8,496.41 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 18,927.54 | 19,400.56 | 20,245.37 | 20,718.39 | 21,563.20 | 22,036.22 | 22,881.03 |
| Camarilla | 20,727.77 | 20,848.57 | 20,969.37 | 21,090.17 | 21,210.97 | 21,331.77 | 21,452.57 |
| Woodie | 19,113.43 | 19,493.51 | 20,431.26 | 20,811.34 | 21,749.09 | 22,129.17 | 23,066.92 |
| Fibonacci | 19,400.56 | 19,903.97 | 20,214.98 | 20,718.39 | 21,221.80 | 21,532.81 | 22,036.22 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,952.53 | 10,776.59 | 14,867.98 | 21,692.04 | 25,783.43 | 32,607.49 | 36,698.88 |
| Camarilla | 15,957.62 | 16,958.20 | 17,958.79 | 18,959.37 | 19,959.95 | 20,960.54 | 21,961.12 |
| Woodie | 2,586.20 | 10,093.42 | 13,501.65 | 21,008.87 | 24,417.10 | 31,924.32 | 35,332.55 |
| Fibonacci | 10,776.59 | 14,946.29 | 17,522.34 | 21,692.04 | 25,861.74 | 28,437.79 | 32,607.49 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15,423.13 | 20,640.27 | 26,210.33 | 31,427.47 | 36,997.53 | 42,214.67 | 47,784.73 |
| Camarilla | 28,813.92 | 29,802.75 | 30,791.57 | 31,780.40 | 32,769.23 | 33,758.05 | 34,746.88 |
| Woodie | 15,599.60 | 20,728.50 | 26,386.80 | 31,515.70 | 37,174.00 | 42,302.90 | 47,961.20 |
| Fibonacci | 20,640.27 | 24,760.98 | 27,306.76 | 31,427.47 | 35,548.18 | 38,093.96 | 42,214.67 |
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): | 63.68 | |
| MACD (12,26,9): | 83.9600 | |
| Directional Movement: | 14.36 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 21,165.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 20,894.53 | |
| Elder Ray (13): | 214.82 | |
| Super Trend (3,10): | 20,874.17 | |
| Zig ZAG (10): | 21,281.24 | |
| VORTEX (21): | 1.2300 | |
| Stochastique (14,3,5): | 88.53 | |
| TEMA (21): | 21,233.45 | |
| Williams %R (14): | -19.13 | |
| Chande Momentum Oscillator (20): | 421.59 | |
| Repulse (5,40,3): | 0.2000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 2.48 |
| MA7: | 20,437.98 | |
| MA20: | 24,390.07 | |
| MA50: | 27,970.15 | |
| MA100: | 34,914.89 | |
| MAexp7: | 21,203.57 | |
| MAexp20: | 21,080.73 | |
| MAexp50: | 20,988.08 | |
| MAexp100: | 20,862.41 | |
| Price / MA7: | +4.21% | |
| Price / MA20: | -12.68% | |
| Price / MA50: | -23.85% | |
| Price / MA100: | -39.00% | |
| Price / MAexp7: | +0.45% | |
| Price / MAexp20: | +1.03% | |
| Price / MAexp50: | +1.48% | |
| Price / MAexp100: | +2.09% |
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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