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:
Slightly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 23,235.20 USD
My targets
22,825.43 USD (-1.06%)
22,640.40 USD (-1.86%)
My analysis
The strong short-term decline of BITCOIN - BTC/USD reinforces the current slightly bearish trend. As long as the price remains below 23,235.20 USD, you could take advantage of this bearish acceleration. The first bearish objective is located at 22,825.43 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 22,640.40 USD as an objective. Crossing it would then enable sellers to target 22,415.66 USD. A return to above 23,235.20 USD would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
3.9
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Additional analysis
Quotes
The BITCOIN - BTC/USD price is 23,069.52 USD. On the day, this instrument gained +0.26% and was traded between 22,611.92 USD and 23,489.32 USD over the period. The price is currently at +2.02% from its lowest and -1.79% from its highest.22,611.92
23,489.32
23,069.52
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
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
Technical analysis of BITCOIN - BTC/USD in 15 min. shows an overall slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 15 minutes
Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bearish doji star
Type : Bearish
Timeframe : 15 minutes
Bullish harami cross
Type : Bullish
Timeframe : 15 minutes
Doji
Type : Neutral
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 | 22,650.30 | 23,069.52 | 23,159.80 | 23,411.00 | 23,789.30 |
| Change (%) | -7.77% | -2.90% | -1.82% | - | +0.39% | +1.48% | +3.12% |
| Change | -1,792.52 | -669.92 | -419.22 | - | +90.28 | +341.48 | +719.78 |
| 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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 41.99 | |
| MACD (12,26,9): | -18.5200 | |
| Directional Movement: | -8.62 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 23,107.06 | |
| Parabolic SAR (0,02-0,02-0,2): | 23,375.53 | |
| Elder Ray (13): | -76.05 | |
| Super Trend (3,10): | 23,264.17 | |
| Zig ZAG (10): | 23,036.93 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 9.19 | |
| TEMA (21): | 23,056.76 | |
| Williams %R (14): | -88.58 | |
| Chande Momentum Oscillator (20): | -226.16 | |
| Repulse (5,40,3): | -0.0800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 1.25 |
| MA7: | 22,884.33 | |
| MA20: | 20,860.58 | |
| MA50: | 18,474.78 | |
| MA100: | 18,275.40 | |
| MAexp7: | 23,070.70 | |
| MAexp20: | 23,110.85 | |
| MAexp50: | 23,084.64 | |
| MAexp100: | 23,040.29 | |
| Price / MA7: | +0.81% | |
| Price / MA20: | +10.59% | |
| Price / MA50: | +24.87% | |
| Price / MA100: | +26.23% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | -0.18% | |
| Price / MAexp50: | -0.07% | |
| Price / MAexp100: | +0.13% |
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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