BITCOIN - BTC/USD - 15 min. - Technical analysis published on 09/04/2019 (GMT)
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- Timeframe : 15 min.
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Neutral
Technical indicators
11%
72%
17%
My opinion
Bearish under 10,564.83 USD
My targets
10,345.89 USD (-1.78%)
10,064.38 USD (-4.46%)
My analysis
The current short-term bearish acceleration registered on Bitcoin - BTC/USD should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 10,564.83 USD. Short-term sellers will use the support located at 10,345.89 USD as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 10,064.38 USD. Crossing this support would then open the door for sellers to target 9,845.44 USD. Caution, if there is a return to below 10,564.83 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.
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 MK. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The Bitcoin - BTC/USD price is 10,533.72 USD. On the day, this instrument lost -0.88% with the lowest point at 10,443.16 USD and the highest point at 10,637.66 USD. The deviation from the price is +0.87% for the low point and -0.98% for the high point.10,443.16
10,637.66
10,533.72
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:
Technical
A technical analysis in 15 min. of this Bitcoin - BTC/USD chart shows a neutral trend. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 15 minutes
The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 15 minutes
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
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 | 9,700.97 | 10,024.50 | 10,281.80 | 10,533.72 | 10,783.80 | 11,504.60 | 12,932.90 |
| Change (%) | -7.91% | -4.83% | -2.39% | - | +2.37% | +9.22% | +22.78% |
| Change | -832.75 | -509.22 | -251.92 | - | +250.08 | +970.88 | +2,399.18 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,845.44 | 10,064.38 | 10,345.89 | 10,564.83 | 10,846.34 | 11,065.28 | 11,346.79 |
| Camarilla | 10,489.79 | 10,535.66 | 10,581.54 | 10,627.41 | 10,673.29 | 10,719.16 | 10,765.03 |
| Woodie | 9,876.74 | 10,080.02 | 10,377.19 | 10,580.47 | 10,877.64 | 11,080.92 | 11,378.09 |
| Fibonacci | 10,064.38 | 10,255.55 | 10,373.66 | 10,564.83 | 10,756.00 | 10,874.11 | 11,065.28 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7,720.68 | 8,521.49 | 9,061.97 | 9,862.78 | 10,403.26 | 11,204.07 | 11,744.55 |
| Camarilla | 9,233.59 | 9,356.54 | 9,479.49 | 9,602.44 | 9,725.39 | 9,848.34 | 9,971.30 |
| Woodie | 7,590.51 | 8,456.41 | 8,931.80 | 9,797.70 | 10,273.09 | 11,138.99 | 11,614.38 |
| Fibonacci | 8,521.49 | 9,033.87 | 9,350.41 | 9,862.78 | 10,375.16 | 10,691.70 | 11,204.07 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,498.54 | 7,410.43 | 8,506.43 | 10,418.32 | 11,514.32 | 13,426.21 | 14,522.21 |
| Camarilla | 8,775.27 | 9,050.99 | 9,326.72 | 9,602.44 | 9,878.16 | 10,153.89 | 10,429.61 |
| Woodie | 5,090.61 | 7,206.46 | 8,098.50 | 10,214.35 | 11,106.39 | 13,222.24 | 14,114.28 |
| Fibonacci | 7,410.43 | 8,559.44 | 9,269.30 | 10,418.32 | 11,567.33 | 12,277.19 | 13,426.21 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 38.43 | |
| MACD (12,26,9): | -37.1000 | |
| Directional Movement: | -12.69 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 10,551.28 | |
| Parabolic SAR (0,02-0,02-0,2): | 10,705.30 | |
| Elder Ray (13): | -52.81 | |
| Super Trend (3,10): | 10,652.48 | |
| Zig ZAG (10): | 10,524.50 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 26.59 | |
| TEMA (21): | 10,536.85 | |
| Williams %R (14): | -86.58 | |
| Chande Momentum Oscillator (20): | -211.41 | |
| Repulse (5,40,3): | -1.0400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 2.79 |
| MA7: | 9,990.09 | |
| MA20: | 10,185.47 | |
| MA50: | 10,419.65 | |
| MA100: | 10,172.79 | |
| MAexp7: | 10,535.71 | |
| MAexp20: | 10,590.16 | |
| MAexp50: | 10,597.12 | |
| MAexp100: | 10,509.16 | |
| Price / MA7: | +5.44% | |
| Price / MA20: | +3.42% | |
| Price / MA50: | +1.09% | |
| Price / MA100: | +3.55% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.53% | |
| Price / MAexp50: | -0.60% | |
| Price / MAexp100: | +0.23% |
This member declared not having a position on this financial instrument or a related financial instrument.
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