BITCOIN - BTC/USD - 15 min. - Technical analysis published on 05/11/2024 (GMT)
- 121
- 0
- Timeframe : 15 min.
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
56%
6%
39%
My opinion
Neutral between 59,506.29 USD and 61,486.08 USD
My targets
-
My analysis
The short-term increase on BITCOIN - BTC/USD remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 61,486.08 USD. The first support is located at 59,506.29 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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 61,110.76 USD. The price registered an increase of +0.53% on the session and was between 60,480.40 USD and 61,478.88 USD. This implies that the price is at +1.04% from its lowest and at -0.60% from its highest.60,480.40
61,478.88
61,110.76
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BITCOIN - BTC/USD:
Technical
A technical analysis in 15 min. of this BITCOIN - BTC/USD chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 58,871.34 | 59,614.96 | 60,631.79 | 61,110.76 | 61,778.00 | 62,770.63 | 64,518.34 |
| Change (%) | -3.66% | -2.45% | -0.78% | - | +1.09% | +2.72% | +5.58% |
| Change | -2,239.42 | -1,495.80 | -478.97 | - | +667.24 | +1,659.87 | +3,407.58 |
| Level | Minor | Minor | Major | - | Minor | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 56,241.30 | 58,221.09 | 59,506.29 | 61,486.08 | 62,771.28 | 64,751.07 | 66,036.27 |
| Camarilla | 59,893.62 | 60,192.91 | 60,492.20 | 60,791.49 | 61,090.78 | 61,390.07 | 61,689.36 |
| Woodie | 55,894.01 | 58,047.44 | 59,159.00 | 61,312.43 | 62,423.99 | 64,577.42 | 65,688.98 |
| Fibonacci | 58,221.09 | 59,468.32 | 60,238.85 | 61,486.08 | 62,733.31 | 63,503.84 | 64,751.07 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 50,503.41 | 53,508.80 | 58,705.88 | 61,711.27 | 66,908.35 | 69,913.74 | 75,110.82 |
| Camarilla | 61,647.27 | 62,399.16 | 63,151.06 | 63,902.95 | 64,654.84 | 65,406.74 | 66,158.63 |
| Woodie | 51,599.25 | 54,056.72 | 59,801.72 | 62,259.19 | 68,004.19 | 70,461.66 | 76,206.66 |
| Fibonacci | 53,508.80 | 56,642.15 | 58,577.93 | 61,711.27 | 64,844.62 | 66,780.40 | 69,913.74 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 41,941.71 | 50,521.84 | 55,575.35 | 64,155.48 | 69,208.99 | 77,789.12 | 82,842.63 |
| Camarilla | 56,879.61 | 58,129.36 | 59,379.11 | 60,628.86 | 61,878.61 | 63,128.36 | 64,378.11 |
| Woodie | 40,178.40 | 49,640.19 | 53,812.04 | 63,273.83 | 67,445.68 | 76,907.47 | 81,079.32 |
| Fibonacci | 50,521.84 | 55,729.89 | 58,947.43 | 64,155.48 | 69,363.53 | 72,581.07 | 77,789.12 |
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): | 51.43 | |
| MACD (12,26,9): | 12.7600 | |
| Directional Movement: | -3.38 | |
| AROON (14): | 35.72 | |
| DEMA (21): | 60,827.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 60,772.41 | |
| Elder Ray (13): | 22.42 | |
| Super Trend (3,10): | 60,606.87 | |
| Zig ZAG (10): | 60,852.00 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 61.52 | |
| TEMA (21): | 60,859.62 | |
| Williams %R (14): | -31.43 | |
| Chande Momentum Oscillator (20): | 107.46 | |
| Repulse (5,40,3): | 0.0300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.51 |
| MA7: | 62,207.88 | |
| MA20: | 62,818.62 | |
| MA50: | 65,570.55 | |
| MA100: | 61,582.05 | |
| MAexp7: | 60,849.08 | |
| MAexp20: | 60,812.93 | |
| MAexp50: | 60,851.04 | |
| MAexp100: | 61,056.74 | |
| Price / MA7: | -1.76% | |
| Price / MA20: | -2.72% | |
| Price / MA50: | -6.80% | |
| Price / MA100: | -0.77% | |
| Price / MAexp7: | +0.43% | |
| Price / MAexp20: | +0.49% | |
| Price / MAexp50: | +0.43% | |
| Price / MAexp100: | +0.09% |
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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