BITCOIN - BTC/USD - 1H - Technical analysis published on 07/06/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Neutral
Technical indicators
22%
50%
28%
My opinion
Neutral between 11,212.00 USD and 11,504.60 USD
My targets
-
My analysis
The short-term and basic trend is neutral. In this situation, the price of Bitcoin - BTC/USD could just as easily move towards the first resistance as the first support. No statistical advantage is given for one of these levels to be achieved before the other. It will be necessary to create a new automated analysis when the conditions have progressed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below. The first resistance is located at 11,504.60 USD. The first support is located at 11,212.00 USD.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The Bitcoin - BTC/USD price is 11,376.28 USD. The price registered an increase of +3.45% on the session with the lowest point at 10,959.02 USD and the highest point at 11,635.83 USD. The deviation from the price is +3.81% for the low point and -2.23% for the high point.10,959.02
11,635.83
11,376.28
The Central Gaps scanner detects a bullish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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 1H of this Bitcoin - BTC/USD chart shows a neutral trend. This indecision is confirmed by the neutral 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 price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 5 are neutral and 9 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9,844.73 | 10,760.70 | 11,212.00 | 11,376.28 | 11,504.60 | 12,032.20 | 12,445.90 |
| Change (%) | -13.46% | -5.41% | -1.44% | - | +1.13% | +5.77% | +9.40% |
| Change | -1,531.55 | -615.58 | -164.28 | - | +128.32 | +655.92 | +1,069.62 |
| Level | Intermediate | Major | Minor | - | Intermediate | Minor | Minor |
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 | 9,757.13 | 10,401.06 | 10,773.78 | 11,417.71 | 11,790.43 | 12,434.36 | 12,807.08 |
| Camarilla | 10,866.92 | 10,960.11 | 11,053.31 | 11,146.50 | 11,239.69 | 11,332.89 | 11,426.08 |
| Woodie | 9,621.53 | 10,333.26 | 10,638.18 | 11,349.91 | 11,654.82 | 12,366.56 | 12,671.47 |
| Fibonacci | 10,401.06 | 10,789.42 | 11,029.35 | 11,417.71 | 11,806.07 | 12,046.00 | 12,434.36 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,599.01 | 8,449.86 | 10,158.91 | 12,009.76 | 13,718.81 | 15,569.66 | 17,278.71 |
| Camarilla | 10,889.00 | 11,215.32 | 11,541.65 | 11,867.97 | 12,194.29 | 12,520.62 | 12,846.94 |
| Woodie | 6,528.12 | 8,414.41 | 10,088.02 | 11,974.31 | 13,647.92 | 15,534.21 | 17,207.82 |
| Fibonacci | 8,449.86 | 9,809.74 | 10,649.88 | 12,009.76 | 13,369.64 | 14,209.77 | 15,569.66 |
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): | 41.42 | |
| MACD (12,26,9): | -80.6100 | |
| Directional Movement: | -16.21 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 11,095.85 | |
| Parabolic SAR (0,02-0,02-0,2): | 11,437.26 | |
| Elder Ray (13): | -118.45 | |
| Super Trend (3,10): | 11,475.66 | |
| Zig ZAG (10): | 11,015.81 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 42.94 | |
| TEMA (21): | 11,068.37 | |
| Williams %R (14): | -65.93 | |
| Chande Momentum Oscillator (20): | -199.58 | |
| Repulse (5,40,3): | -0.7600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1200 | |
| Courbe Coppock: | 1.36 |
| MA7: | 11,165.13 | |
| MA20: | 10,767.63 | |
| MA50: | 9,190.90 | |
| MA100: | 7,340.15 | |
| MAexp7: | 11,125.11 | |
| MAexp20: | 11,211.14 | |
| MAexp50: | 11,290.22 | |
| MAexp100: | 11,272.48 | |
| Price / MA7: | +1.89% | |
| Price / MA20: | +5.65% | |
| Price / MA50: | +23.78% | |
| Price / MA100: | +54.99% | |
| Price / MAexp7: | +2.26% | |
| Price / MAexp20: | +1.47% | |
| Price / MAexp50: | +0.76% | |
| Price / MAexp100: | +0.92% |
This member declared not having a position on this financial instrument or a related financial instrument.
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