BITCOIN - BTC/USD - 15 min. - Technical analysis published on 01/26/2023 (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 bullish
Underlying:
Strongly bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 23,066.75 USD
My targets
23,781.71 USD (+2.55%)
24,504.29 USD (+5.67%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BITCOIN - BTC/USD as long as the price remains well above 23,066.75 USD. The buyers' bullish objective is set at 23,781.71 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 24,504.29 USD. If there is any crossing, the next objective would be the resistance located at 25,219.25 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
6.3
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Additional analysis
Quotes
The BITCOIN - BTC/USD price is 23,190.06 USD. On the day, this instrument gained +0.57% and was traded between 23,057.03 USD and 23,274.90 USD over the period. The price is currently at +0.58% from its lowest and -0.36% from its highest.23,057.03
23,274.90
23,190.06
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this BITCOIN - BTC/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of these bearish patterns in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term were also noted
Bearish harami
Type : Bearish
Timeframe : 15 minutes
Bearish engulfing lines
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 21,277.00 | 22,399.60 | 23,161.30 | 23,190.06 | 23,411.00 | 24,446.00 | 29,794.70 |
| Change (%) | -8.25% | -3.41% | -0.12% | - | +0.95% | +5.42% | +28.48% |
| Change | -1,913.06 | -790.46 | -28.76 | - | +220.94 | +1,255.94 | +6,604.64 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | 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 | 20,906.63 | 21,629.21 | 22,344.17 | 23,066.75 | 23,781.71 | 24,504.29 | 25,219.25 |
| Camarilla | 22,663.80 | 22,795.57 | 22,927.35 | 23,059.12 | 23,190.90 | 23,322.67 | 23,454.44 |
| Woodie | 20,902.81 | 21,627.31 | 22,340.35 | 23,064.85 | 23,777.89 | 24,502.39 | 25,215.43 |
| Fibonacci | 21,629.21 | 22,178.35 | 22,517.61 | 23,066.75 | 23,615.89 | 23,955.15 | 24,504.29 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18,054.87 | 19,251.58 | 21,017.57 | 22,214.28 | 23,980.27 | 25,176.98 | 26,942.97 |
| Camarilla | 21,968.81 | 22,240.39 | 22,511.97 | 22,783.55 | 23,055.13 | 23,326.71 | 23,598.29 |
| Woodie | 18,339.50 | 19,393.90 | 21,302.20 | 22,356.60 | 24,264.90 | 25,319.30 | 27,227.60 |
| Fibonacci | 19,251.58 | 20,383.34 | 21,082.53 | 22,214.28 | 23,346.04 | 24,045.23 | 25,176.98 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13,753.03 | 15,033.87 | 15,783.03 | 17,063.87 | 17,813.03 | 19,093.87 | 19,843.03 |
| Camarilla | 15,973.95 | 16,160.03 | 16,346.12 | 16,532.20 | 16,718.28 | 16,904.37 | 17,090.45 |
| Woodie | 13,487.20 | 14,900.95 | 15,517.20 | 16,930.95 | 17,547.20 | 18,960.95 | 19,577.20 |
| Fibonacci | 15,033.87 | 15,809.33 | 16,288.41 | 17,063.87 | 17,839.33 | 18,318.41 | 19,093.87 |
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): | 54.11 | |
| MACD (12,26,9): | 31.8900 | |
| Directional Movement: | 3.76 | |
| AROON (14): | -64.28 | |
| DEMA (21): | 23,214.89 | |
| Parabolic SAR (0,02-0,02-0,2): | 23,427.21 | |
| Elder Ray (13): | 12.96 | |
| Super Trend (3,10): | 23,353.42 | |
| Zig ZAG (10): | 23,175.10 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 44.84 | |
| TEMA (21): | 23,171.54 | |
| Williams %R (14): | -53.89 | |
| Chande Momentum Oscillator (20): | -49.41 | |
| Repulse (5,40,3): | 0.1000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 0.18 |
| MA7: | 22,853.23 | |
| MA20: | 20,565.77 | |
| MA50: | 18,362.48 | |
| MA100: | 18,238.20 | |
| MAexp7: | 23,170.10 | |
| MAexp20: | 23,158.80 | |
| MAexp50: | 23,045.70 | |
| MAexp100: | 22,934.83 | |
| Price / MA7: | +1.47% | |
| Price / MA20: | +12.76% | |
| Price / MA50: | +26.29% | |
| Price / MA100: | +27.15% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | +0.13% | |
| Price / MAexp50: | +0.63% | |
| Price / MAexp100: | +1.11% |
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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