BITCOIN - BTC/USD - 15 min. - Technical analysis published on 03/21/2023 (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 bearish
Underlying:
Strongly bearish
Technical indicators
39%
33%
28%
My opinion
Bearish under 27,853.74 USD
My targets
27,149.01 USD (-2.06%)
26,522.17 USD (-4.32%)
My analysis
BITCOIN - BTC/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 27,853.74 USD. The next support located at 27,149.01 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 26,522.17 USD. Below this support, sellers could then target 25,817.44 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.9
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This analysis was given by Consciousconnection. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN - BTC/USD rating is 27,718.67 USD. On the day, this instrument lost -0.21% and was between 27,381.20 USD and 28,037.88 USD. This implies that the price is at +1.23% from its lowest and at -1.14% from its highest.27,381.20
28,037.88
27,718.67
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 7 are bullish, 5 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
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
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 22,399.60 | 24,446.00 | 26,522.40 | 27,718.67 | 27,825.70 | 28,558.50 | 29,794.70 |
| Change (%) | -19.19% | -11.81% | -4.32% | - | +0.39% | +3.03% | +7.49% |
| Change | -5,319.07 | -3,272.67 | -1,196.27 | - | +107.03 | +839.83 | +2,076.03 |
| Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25,817.44 | 26,522.17 | 27,149.01 | 27,853.74 | 28,480.58 | 29,185.31 | 29,812.15 |
| Camarilla | 27,409.67 | 27,531.73 | 27,653.79 | 27,775.85 | 27,897.91 | 28,019.97 | 28,142.03 |
| Woodie | 25,778.50 | 26,502.70 | 27,110.07 | 27,834.27 | 28,441.64 | 29,165.84 | 29,773.21 |
| Fibonacci | 26,522.17 | 27,030.83 | 27,345.08 | 27,853.74 | 28,362.40 | 28,676.65 | 29,185.31 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 46.79 | |
| MACD (12,26,9): | -76.0100 | |
| Directional Movement: | -14.44 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 27,637.56 | |
| Parabolic SAR (0,02-0,02-0,2): | 27,807.70 | |
| Elder Ray (13): | -23.91 | |
| Super Trend (3,10): | 27,928.38 | |
| Zig ZAG (10): | 27,678.56 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 38.35 | |
| TEMA (21): | 27,583.58 | |
| Williams %R (14): | -56.56 | |
| Chande Momentum Oscillator (20): | -192.57 | |
| Repulse (5,40,3): | 0.3100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 2.23 |
| MA7: | 26,765.49 | |
| MA20: | 23,824.68 | |
| MA50: | 23,512.64 | |
| MA100: | 21,177.35 | |
| MAexp7: | 27,648.29 | |
| MAexp20: | 27,731.79 | |
| MAexp50: | 27,824.39 | |
| MAexp100: | 27,850.02 | |
| Price / MA7: | +3.56% | |
| Price / MA20: | +16.34% | |
| Price / MA50: | +17.89% | |
| Price / MA100: | +30.89% | |
| Price / MAexp7: | +0.25% | |
| Price / MAexp20: | -0.05% | |
| Price / MAexp50: | -0.38% | |
| Price / MAexp100: | -0.47% |
Quotes :
-
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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