BITCOIN - BTC/USD - 15 min. - Technical analysis published on 03/19/2023 (GMT)
- 142
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 27,605.13 USD
My targets
27,114.69 USD (-0.46%)
26,475.92 USD (-2.80%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 27,605.13 USD remains possible. It is advisable to trade BITCOIN - BTC/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 27,605.13 USD. The next bearish objective for sellers is set at 27,114.69 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 26,475.92 USD. In case of crossing, the next objective would be the support located at 25,985.48 USD. PS: if there is a bullish break in the resistance located at 27,605.13 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0.4
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 KBPRASAD. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN - BTC/USD price is 27,238.70 USD. The price has increased by +1.01% since the last closing with the lowest point at 26,967.19 USD and the highest point at 27,251.13 USD. The deviation from the price is +1.01% for the low point and -0.05% for the high point.26,967.19
27,251.13
27,238.70
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
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 bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 15 minutes
Moving Average bearish crossovers : AMA50 & AMA100
Type : Bearish
Timeframe : 15 minutes
In fact, 12 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
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 | 27,238.70 | 29,794.70 | 35,079.50 | 40,632.20 |
| Change (%) | -12.07% | -8.81% | -0.85% | - | +9.38% | +28.79% | +49.17% |
| Change | -3,288.80 | -2,400.30 | -230.80 | - | +2,556.00 | +7,840.80 | +13,393.50 |
| 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 | 25,346.71 | 25,985.48 | 26,475.92 | 27,114.69 | 27,605.13 | 28,243.90 | 28,734.34 |
| Camarilla | 26,655.83 | 26,759.34 | 26,862.85 | 26,966.36 | 27,069.87 | 27,173.38 | 27,276.89 |
| Woodie | 25,272.55 | 25,948.40 | 26,401.76 | 27,077.61 | 27,530.97 | 28,206.82 | 28,660.18 |
| Fibonacci | 25,985.48 | 26,416.84 | 26,683.33 | 27,114.69 | 27,546.05 | 27,812.54 | 28,243.90 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14,956.14 | 17,701.92 | 22,334.14 | 25,079.92 | 29,712.14 | 32,457.92 | 37,090.14 |
| Camarilla | 24,937.41 | 25,613.73 | 26,290.04 | 26,966.36 | 27,642.68 | 28,318.99 | 28,995.31 |
| Woodie | 15,899.36 | 18,173.53 | 23,277.36 | 25,551.53 | 30,655.36 | 32,929.53 | 38,033.36 |
| Fibonacci | 17,701.92 | 20,520.32 | 22,261.52 | 25,079.92 | 27,898.32 | 29,639.52 | 32,457.92 |
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): | 49.14 | |
| MACD (12,26,9): | -22.1700 | |
| Directional Movement: | -1.54 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 27,127.50 | |
| Parabolic SAR (0,02-0,02-0,2): | 26,931.85 | |
| Elder Ray (13): | 14.50 | |
| Super Trend (3,10): | 27,357.47 | |
| Zig ZAG (10): | 27,181.91 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 81.57 | |
| TEMA (21): | 27,155.22 | |
| Williams %R (14): | -20.51 | |
| Chande Momentum Oscillator (20): | 80.59 | |
| Repulse (5,40,3): | -0.0400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 1.01 |
| MA7: | 25,711.13 | |
| MA20: | 23,351.26 | |
| MA50: | 23,318.76 | |
| MA100: | 20,956.40 | |
| MAexp7: | 27,175.30 | |
| MAexp20: | 27,171.93 | |
| MAexp50: | 27,239.05 | |
| MAexp100: | 27,188.31 | |
| Price / MA7: | +5.94% | |
| Price / MA20: | +16.65% | |
| Price / MA50: | +16.81% | |
| Price / MA100: | +29.98% | |
| Price / MAexp7: | +0.23% | |
| Price / MAexp20: | +0.25% | |
| Price / MAexp50: | +0.00% | |
| Price / MAexp100: | +0.19% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis BITCOIN - BTC/USD - 15 min.