BITCOIN - BTC/USD - 15 min. - Technical analysis published on 03/18/2023 (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
11%
67%
22%
My opinion
Bearish under 28,531.18 USD
My targets
26,739.75 USD (-1.89%)
25,653.81 USD (-5.87%)
My analysis
The strong short-term decline of BITCOIN - BTC/USD reinforces the current slightly bearish trend. As long as the price remains below 28,531.18 USD, you could take advantage of this bearish acceleration. The first bearish objective is located at 26,739.75 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 25,653.81 USD as an objective. Crossing it would then enable sellers to target 23,862.38 USD. A return to above 28,531.18 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.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
4.3
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This analysis was given by Consciousconnection. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BITCOIN - BTC/USD rating 27,254.63 USD. The price registered a decrease of -0.69% on the session and was between 26,624.25 USD and 27,753.46 USD. This implies that the price is at +2.37% from its lowest and at -1.80% from its highest.26,624.25
27,753.46
27,254.63
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BITCOIN - BTC/USD:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
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 a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 15 minutes
The probability of a further decline is moderate given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Three white soldiers
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 23,949.90 | 24,838.40 | 27,007.90 | 27,254.63 | 29,794.70 | 35,079.50 | 40,632.20 |
| Change (%) | -12.13% | -8.87% | -0.91% | - | +9.32% | +28.71% | +49.08% |
| Change | -3,304.73 | -2,416.23 | -246.73 | - | +2,540.07 | +7,824.87 | +13,377.57 |
| Level | Intermediate | Intermediate | Intermediate | - | 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 | 22,776.44 | 23,862.38 | 25,653.81 | 26,739.75 | 28,531.18 | 29,617.12 | 31,408.55 |
| Camarilla | 26,653.95 | 26,917.71 | 27,181.47 | 27,445.23 | 27,708.99 | 27,972.75 | 28,236.51 |
| Woodie | 23,129.18 | 24,038.75 | 26,006.55 | 26,916.12 | 28,883.92 | 29,793.49 | 31,761.29 |
| Fibonacci | 23,862.38 | 24,961.54 | 25,640.60 | 26,739.75 | 27,838.91 | 28,517.97 | 29,617.12 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16,163.43 | 17,861.27 | 19,241.83 | 20,939.67 | 22,320.23 | 24,018.07 | 25,398.63 |
| Camarilla | 19,775.84 | 20,058.03 | 20,340.21 | 20,622.40 | 20,904.59 | 21,186.77 | 21,468.96 |
| Woodie | 16,004.80 | 17,781.95 | 19,083.20 | 20,860.35 | 22,161.60 | 23,938.75 | 25,240.00 |
| Fibonacci | 17,861.27 | 19,037.22 | 19,763.72 | 20,939.67 | 22,115.62 | 22,842.12 | 24,018.07 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17,417.63 | 19,401.07 | 21,267.03 | 23,250.47 | 25,116.43 | 27,099.87 | 28,965.83 |
| Camarilla | 22,074.42 | 22,427.28 | 22,780.14 | 23,133.00 | 23,485.86 | 23,838.72 | 24,191.59 |
| Woodie | 17,358.90 | 19,371.70 | 21,208.30 | 23,221.10 | 25,057.70 | 27,070.50 | 28,907.10 |
| Fibonacci | 19,401.07 | 20,871.54 | 21,780.00 | 23,250.47 | 24,720.94 | 25,629.40 | 27,099.87 |
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): | 42.05 | |
| MACD (12,26,9): | -18.3700 | |
| Directional Movement: | -15.35 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 27,351.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 27,136.61 | |
| Elder Ray (13): | -82.36 | |
| Super Trend (3,10): | 27,597.95 | |
| Zig ZAG (10): | 27,268.13 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 16.36 | |
| TEMA (21): | 27,340.49 | |
| Williams %R (14): | -84.64 | |
| Chande Momentum Oscillator (20): | -109.87 | |
| Repulse (5,40,3): | -0.3000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.10 |
| MA7: | 25,036.96 | |
| MA20: | 23,181.79 | |
| MA50: | 23,241.42 | |
| MA100: | 20,858.60 | |
| MAexp7: | 27,341.55 | |
| MAexp20: | 27,371.63 | |
| MAexp50: | 27,383.18 | |
| MAexp100: | 27,235.48 | |
| Price / MA7: | +8.86% | |
| Price / MA20: | +17.57% | |
| Price / MA50: | +17.27% | |
| Price / MA100: | +30.66% | |
| Price / MAexp7: | -0.32% | |
| Price / MAexp20: | -0.43% | |
| Price / MAexp50: | -0.47% | |
| Price / MAexp100: | +0.07% |
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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