BITCOIN - BTC/USD - 1H - Technical analysis published on 06/27/2022 (GMT)
- 170
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Neutral
Technical indicators
22%
44%
33%
My opinion
Neutral between 20,178.50 USD and 21,416.20 USD
My targets
-
My analysis
There is no basic trend for BITCOIN - BTC/USD and in the short term, there are still few sellers. It is difficult to advise a trading direction under these conditions. The first support is located at 20,178.50 USD. The first resistance is located at 21,416.20 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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 dobditdotcom. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN - BTC/USD rating is 20,782.48 USD. The price registered a decrease of -1.18% on the session and was between 20,720.35 USD and 21,507.80 USD. This implies that the price is at +0.30% from its lowest and at -3.37% from its highest.20,720.35
21,507.80
20,782.48
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BITCOIN - BTC/USD:
Technical
Technical analysis of this 1H chart of BITCOIN - BTC/USD indicates that the overall trend is not clearly defined. This indecision could turn into a bearish trend due to the slightly bearish signals currently given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 19,345.50 | 19,762.00 | 20,178.50 | 20,782.48 | 20,797.70 | 21,416.20 | 29,794.70 |
| Change (%) | -6.91% | -4.91% | -2.91% | - | +0.07% | +3.05% | +43.36% |
| Change | -1,436.98 | -1,020.48 | -603.98 | - | +15.22 | +633.72 | +9,012.22 |
| Level | Major | Minor | Minor | - | Major | Intermediate | 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 | 19,843.76 | 20,411.25 | 20,721.24 | 21,288.73 | 21,598.72 | 22,166.21 | 22,476.20 |
| Camarilla | 20,789.93 | 20,870.37 | 20,950.80 | 21,031.24 | 21,111.68 | 21,192.11 | 21,272.55 |
| Woodie | 19,715.02 | 20,346.88 | 20,592.50 | 21,224.36 | 21,469.98 | 22,101.84 | 22,347.46 |
| Fibonacci | 20,411.25 | 20,746.44 | 20,953.53 | 21,288.73 | 21,623.92 | 21,831.01 | 22,166.21 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15,276.43 | 16,601.61 | 19,037.53 | 20,362.71 | 22,798.63 | 24,123.81 | 26,559.73 |
| Camarilla | 20,439.14 | 20,783.91 | 21,128.67 | 21,473.44 | 21,818.21 | 22,162.98 | 22,507.74 |
| Woodie | 15,831.79 | 16,879.30 | 19,592.89 | 20,640.40 | 23,353.99 | 24,401.50 | 27,115.09 |
| Fibonacci | 16,601.61 | 18,038.35 | 18,925.97 | 20,362.71 | 21,799.45 | 22,687.07 | 24,123.81 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18,655.93 | 22,256.67 | 27,018.53 | 30,619.27 | 35,381.13 | 38,981.87 | 43,743.73 |
| Camarilla | 29,480.69 | 30,247.26 | 31,013.83 | 31,780.40 | 32,546.97 | 33,313.54 | 34,080.12 |
| Woodie | 19,236.50 | 22,546.95 | 27,599.10 | 30,909.55 | 35,961.70 | 39,272.15 | 44,324.30 |
| Fibonacci | 22,256.67 | 25,451.18 | 27,424.75 | 30,619.27 | 33,813.78 | 35,787.35 | 38,981.87 |
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): | 45.94 | |
| MACD (12,26,9): | 1.8600 | |
| Directional Movement: | -6.21 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 21,248.65 | |
| Parabolic SAR (0,02-0,02-0,2): | 21,507.80 | |
| Elder Ray (13): | -104.23 | |
| Super Trend (3,10): | 21,521.27 | |
| Zig ZAG (10): | 21,064.58 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 43.44 | |
| TEMA (21): | 21,233.48 | |
| Williams %R (14): | -84.81 | |
| Chande Momentum Oscillator (20): | -61.08 | |
| Repulse (5,40,3): | -1.7500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 1.18 |
| MA7: | 20,915.48 | |
| MA20: | 22,950.67 | |
| MA50: | 27,136.33 | |
| MA100: | 34,301.87 | |
| MAexp7: | 21,216.25 | |
| MAexp20: | 21,280.41 | |
| MAexp50: | 21,253.84 | |
| MAexp100: | 21,110.35 | |
| Price / MA7: | -0.64% | |
| Price / MA20: | -9.45% | |
| Price / MA50: | -23.41% | |
| Price / MA100: | -39.41% | |
| Price / MAexp7: | -2.04% | |
| Price / MAexp20: | -2.34% | |
| Price / MAexp50: | -2.22% | |
| Price / MAexp100: | -1.55% |
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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