BITCOIN - BTC/USD - 15 min. - Technical analysis published on 01/27/2023 (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 bearish
Underlying:
Strongly bearish
Technical indicators
50%
6%
44%
My opinion
Bearish under 23,050.17 USD
My targets
22,640.40 USD (-0.80%)
22,415.66 USD (-1.78%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BITCOIN - BTC/USD as long as the price remains well below 23,050.17 USD. The sellers' bearish objective is set at 22,640.40 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 22,415.66 USD. In case of crossing, the next objective would be the support located at 22,399.60 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
4.6
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This analysis was given by Kryptonitehq. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN - BTC/USD price is 22,822.77 USD. On the day, this instrument lost -0.82% and was between 22,611.92 USD and 23,073.72 USD. This implies that the price is at +0.93% from its lowest and at -1.09% from its highest.22,611.92
23,073.72
22,822.77
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of BITCOIN - BTC/USD indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 21,277.00 | 22,399.60 | 22,650.30 | 22,822.77 | 23,159.80 | 23,411.00 | 23,789.30 |
| Change (%) | -6.77% | -1.85% | -0.76% | - | +1.48% | +2.58% | +4.23% |
| Change | -1,545.77 | -423.17 | -172.47 | - | +337.03 | +588.23 | +966.53 |
| Level | Major | Intermediate | Minor | - | Intermediate | Minor | Minor |
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 | 22,415.66 | 22,640.40 | 22,825.43 | 23,050.17 | 23,235.20 | 23,459.94 | 23,644.97 |
| Camarilla | 22,897.78 | 22,935.35 | 22,972.91 | 23,010.47 | 23,048.03 | 23,085.60 | 23,123.16 |
| Woodie | 22,395.82 | 22,630.47 | 22,805.59 | 23,040.24 | 23,215.36 | 23,450.01 | 23,625.13 |
| Fibonacci | 22,640.40 | 22,796.93 | 22,893.64 | 23,050.17 | 23,206.70 | 23,303.41 | 23,459.94 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 44.55 | |
| MACD (12,26,9): | -41.4600 | |
| Directional Movement: | -8.87 | |
| AROON (14): | -7.14 | |
| DEMA (21): | 22,783.75 | |
| Parabolic SAR (0,02-0,02-0,2): | 22,730.57 | |
| Elder Ray (13): | -4.48 | |
| Super Trend (3,10): | 22,905.40 | |
| Zig ZAG (10): | 22,825.33 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 71.14 | |
| TEMA (21): | 22,781.35 | |
| Williams %R (14): | -13.61 | |
| Chande Momentum Oscillator (20): | 81.62 | |
| Repulse (5,40,3): | -0.0100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 0.29 |
| MA7: | 22,851.23 | |
| MA20: | 20,850.58 | |
| MA50: | 18,470.93 | |
| MA100: | 18,273.42 | |
| MAexp7: | 22,818.70 | |
| MAexp20: | 22,843.54 | |
| MAexp50: | 22,917.23 | |
| MAexp100: | 22,952.36 | |
| Price / MA7: | -0.12% | |
| Price / MA20: | +9.46% | |
| Price / MA50: | +23.56% | |
| Price / MA100: | +24.90% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | -0.09% | |
| Price / MAexp50: | -0.41% | |
| Price / MAexp100: | -0.56% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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