BITCOIN - BTC/USD - 15 min. - Technical analysis published on 08/18/2019 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
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Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 10,074.62 USD
My targets
10,674.52 USD (+5.27%)
11,048.02 USD (+8.95%)
My analysis
With a bullish background trend, the price of Bitcoin - BTC/USD is trying to inflate a little with a slight short-term relapse. At this stage, no trend reversal is in sight. Globally, buyers have the upper hand. Traders could allow themselves to trade long positions (at the time of purchase) as long as the price remains above the support located at 10,074.62 USD. A bullish break in the resistance located at 10,674.52 USD would boost the bullish momentum and fuel the basic trend. Then the price could move towards 11,048.02 USD. Then by extension. It would be safer to wait for a bullish break in the resistance located at 10,674.52 USD before allowing yourself to re trade long positions (at purchase) on Bitcoin - BTC/USD. PS: if there is a bearish break in the support located at 10,074.62 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
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This analysis was given by emerick. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The Bitcoin - BTC/USD price is 10,140.39 USD. The price registered a decrease of -0.71% on the session and was traded between 10,066.29 USD and 10,273.59 USD over the period. The price is currently at +0.74% from its lowest and -1.30% from its highest.10,066.29
10,273.59
10,140.39
The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of Bitcoin - BTC/USD in 15 min. shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the current slightly bearish signals from short-term moving averages indicate that the overall trend may be slowing down. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 15 minutes
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 | 7,647.80 | 9,474.71 | 9,844.73 | 10,140.39 | 10,204.40 | 10,539.20 | 11,210.40 |
| Change (%) | -24.58% | -6.56% | -2.92% | - | +0.63% | +3.93% | +10.55% |
| Change | -2,492.59 | -665.68 | -295.66 | - | +64.01 | +398.81 | +1,070.01 |
| Level | Minor | Intermediate | Major | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,727.72 | 9,101.22 | 9,701.12 | 10,074.62 | 10,674.52 | 11,048.02 | 11,647.92 |
| Camarilla | 10,033.35 | 10,122.57 | 10,211.80 | 10,301.03 | 10,390.26 | 10,479.49 | 10,568.72 |
| Woodie | 8,840.93 | 9,157.82 | 9,814.33 | 10,131.22 | 10,787.73 | 11,104.62 | 11,761.13 |
| Fibonacci | 9,101.22 | 9,473.06 | 9,702.78 | 10,074.62 | 10,446.46 | 10,676.18 | 11,048.02 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 329.53 | 362.03 | 380.52 | 413.02 | 431.51 | 464.01 | 482.50 |
| Camarilla | 385.00 | 389.67 | 394.35 | 399.02 | 403.69 | 408.37 | 413.04 |
| Woodie | 322.54 | 358.53 | 373.53 | 409.52 | 424.52 | 460.51 | 475.51 |
| Fibonacci | 362.03 | 381.51 | 393.54 | 413.02 | 432.50 | 444.53 | 464.01 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,627.19 | 6,356.49 | 8,947.45 | 6,676.75 | 9,267.71 | 6,997.01 | 9,587.97 |
| Camarilla | 11,450.33 | 11,479.69 | 11,509.04 | 11,538.40 | 11,567.76 | 11,597.12 | 11,626.47 |
| Woodie | 11,058.01 | 7,571.91 | 11,378.27 | 7,892.17 | 11,698.53 | 8,212.43 | 12,018.79 |
| Fibonacci | 6,356.49 | 6,478.83 | 6,554.41 | 6,676.75 | 6,799.09 | 6,874.67 | 6,997.01 |
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): | 57.15 | |
| MACD (12,26,9): | 39.8400 | |
| Directional Movement: | 5.28 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 10,471.77 | |
| Parabolic SAR (0,02-0,02-0,2): | 10,504.32 | |
| Elder Ray (13): | 15.12 | |
| Super Trend (3,10): | 10,283.63 | |
| Zig ZAG (10): | 10,443.32 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 39.44 | |
| TEMA (21): | 10,450.47 | |
| Williams %R (14): | -58.24 | |
| Chande Momentum Oscillator (20): | 6.42 | |
| Repulse (5,40,3): | 0.2400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 0.48 |
| MA7: | 9,827.21 | |
| MA20: | 10,551.77 | |
| MA50: | 10,695.12 | |
| MA100: | 9,685.33 | |
| MAexp7: | 10,433.47 | |
| MAexp20: | 10,407.48 | |
| MAexp50: | 10,315.37 | |
| MAexp100: | 10,242.84 | |
| Price / MA7: | +3.19% | |
| Price / MA20: | -3.90% | |
| Price / MA50: | -5.19% | |
| Price / MA100: | +4.70% | |
| Price / MAexp7: | -2.81% | |
| Price / MAexp20: | -2.57% | |
| Price / MAexp50: | -1.70% | |
| Price / MAexp100: | -1.00% |
This member declared not having a position on this financial instrument or a related financial instrument.
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