BITCOIN - BTC/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	BTCUSD
ISIN:

BITCOIN - BTC/USD - Daily - Technical analysis published on 04/23/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : IN PROGRESS...

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

61%

22%

17%

My opinion

Bullish above

My targets

()

My analysis

All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on BITCOIN - BTC/USD as long as the price remains well above . The buyers' bullish objective is set at . A bullish break in this resistance would boost the bullish momentum. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

5.2

Comment on the analysis

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 calibox. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The BITCOIN - BTC/USD price is 66,848.90 USD. The price is lower by -0.01% since the last closing with the lowest point at 66,757.12 USD and the highest point at 67,208.42 USD. The deviation from the price is +0.14% for the low point and -0.53% for the high point.

66,757.12

67,208.42

66,848.90

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:

Technical

Technical analysis of BITCOIN - BTC/USD in Daily shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	35,079.50	39,519.49	47,352.27	66,848.90	67,554.70	73,117.83
Change (%)	-47.52%	-40.88%	-29.17%	-	+1.06%	+9.38%
Change	-31,769.40	-27,329.41	-19,496.63	-	+705.80	+6,268.93
Level	Intermediate	Major	Major	-	Major	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	62,467.13	63,502.18	65,178.67	66,213.72	67,890.21	68,925.26	70,601.75
Camarilla	66,109.49	66,358.04	66,606.60	66,855.16	67,103.72	67,352.28	67,600.83
Woodie	62,787.85	63,662.54	65,499.39	66,374.08	68,210.93	69,085.62	70,922.47
Fibonacci	63,502.18	64,537.99	65,177.91	66,213.72	67,249.53	67,889.45	68,925.26

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	53,503.33	56,562.53	60,770.98	63,830.18	68,038.63	71,097.83	75,306.28
Camarilla	62,980.84	63,647.04	64,313.24	64,979.44	65,645.64	66,311.84	66,978.04
Woodie	54,077.97	56,849.84	61,345.62	64,117.49	68,613.27	71,385.14	75,880.92
Fibonacci	56,562.53	59,338.77	61,053.93	63,830.18	66,606.42	68,321.58	71,097.83

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	47,823.78	53,507.51	62,412.58	68,096.31	77,001.38	82,685.11	91,590.18
Camarilla	67,305.74	68,643.05	69,980.35	71,317.66	72,654.97	73,992.27	75,329.58
Woodie	49,434.46	54,312.85	64,023.26	68,901.65	78,612.06	83,490.45	93,200.86
Fibonacci	53,507.51	59,080.43	62,523.39	68,096.31	73,669.23	77,112.19	82,685.11

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):	51.91
MACD (12,26,9):	-509.7500
Directional Movement:	-3.27
AROON (14):	-71.43
DEMA (21):	65,497.21
Parabolic SAR (0,02-0,02-0,2):	67,258.02
Elder Ray (13):	1,285.58
Super Trend (3,10):	73,089.31
Zig ZAG (10):	66,899.44
VORTEX (21):	1.0300
Stochastique (14,3,5):	54.32
TEMA (21):	64,266.30
Williams %R (14):	-37.31
Chande Momentum Oscillator (20):	-3,118.55
Repulse (5,40,3):	3.9700
ROCnROLL:	1
TRIX (15,9):	-0.1300
Courbe Coppock:	11.85

MA7:	64,619.57
MA20:	66,627.65
MA50:	67,525.84
MA100:	57,872.74
MAexp7:	65,561.70
MAexp20:	66,050.50
MAexp50:	64,751.79
MAexp100:	59,364.49
Price / MA7:	+3.45%
Price / MA20:	+0.33%
Price / MA50:	-1.00%
Price / MA100:	+15.51%
Price / MAexp7:	+1.96%
Price / MAexp20:	+1.21%
Price / MAexp50:	+3.24%
Price / MAexp100:	+12.61%

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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