BITCOIN - BTC/USD - 15 min. - Technical analysis published on 09/06/2019 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 10,566.26 USD
My targets
10,774.74 USD (+0.68%)
10,883.30 USD (+1.70%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on Bitcoin - BTC/USD as long as the price remains well above 10,566.26 USD. The buyers” bullish objective is set at 10,774.74 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 10,883.30 USD. If there is any crossing, the next objective would be the resistance located at 11,504.60 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
Bitcoin - BTC/USD rating 10,701.66 USD. On the day, this instrument gained +1.20% with the lowest point at 10,566.63 USD and the highest point at 10,796.90 USD. The deviation from the price is +1.28% for the low point and -0.88% for the high point.10,566.63
10,796.90
10,701.66
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by Bitcoin - BTC/USD:
Technical
Technical analysis of this 15 min. chart of Bitcoin - BTC/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 12 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
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
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
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 | 9,700.97 | 10,491.30 | 10,661.70 | 10,701.66 | 10,830.40 | 11,504.60 | 12,932.90 |
| Change (%) | -9.35% | -1.97% | -0.37% | - | +1.20% | +7.50% | +20.85% |
| Change | -1,000.69 | -210.36 | -39.96 | - | +128.74 | +802.94 | +2,231.24 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | 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 | 10,257.86 | 10,357.78 | 10,466.34 | 10,566.26 | 10,674.82 | 10,774.74 | 10,883.30 |
| Camarilla | 10,517.58 | 10,536.69 | 10,555.80 | 10,574.91 | 10,594.02 | 10,613.13 | 10,632.24 |
| Woodie | 10,262.19 | 10,359.94 | 10,470.67 | 10,568.42 | 10,679.15 | 10,776.90 | 10,887.63 |
| Fibonacci | 10,357.78 | 10,437.42 | 10,486.62 | 10,566.26 | 10,645.90 | 10,695.10 | 10,774.74 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.39 | |
| MACD (12,26,9): | 41.2200 | |
| Directional Movement: | 18.96 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 10,733.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 10,674.66 | |
| Elder Ray (13): | 31.15 | |
| Super Trend (3,10): | 10,633.72 | |
| Zig ZAG (10): | 10,711.33 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 73.23 | |
| TEMA (21): | 10,754.95 | |
| Williams %R (14): | -41.77 | |
| Chande Momentum Oscillator (20): | 49.76 | |
| Repulse (5,40,3): | -0.1700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 1.88 |
| MA7: | 10,321.52 | |
| MA20: | 10,225.86 | |
| MA50: | 10,439.86 | |
| MA100: | 10,212.54 | |
| MAexp7: | 10,722.54 | |
| MAexp20: | 10,681.07 | |
| MAexp50: | 10,628.72 | |
| MAexp100: | 10,602.69 | |
| Price / MA7: | +3.68% | |
| Price / MA20: | +4.65% | |
| Price / MA50: | +2.51% | |
| Price / MA100: | +4.79% | |
| Price / MAexp7: | -0.19% | |
| Price / MAexp20: | +0.19% | |
| Price / MAexp50: | +0.69% | |
| Price / MAexp100: | +0.93% |
This member declared not having a position on this financial instrument or a related financial instrument.
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