BITCOIN - BTC/USD - 15 min. - Technical analysis published on 12/03/2019 (GMT)
- Who voted?
- 169
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 7,299.26 USD
My targets
7,435.01 USD (+1.27%)
7,562.46 USD (+3.00%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 7,299.26 USD remains possible. It is advisable to trade BITCOIN - BTC/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 7,299.26 USD. The next bullish objective for buyers is set at 7,435.01 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7,562.46 USD. If there is any crossing, the next objective would be the resistance located at 7,698.21 USD. PS: if there is a bearish break in the support located at 7,299.26 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.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
2.9
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 insight. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN - BTC/USD price is 7,341.85 USD. The price registered an increase of +0.47% on the session with the lowest point at 7,306.15 USD and the highest point at 7,410.20 USD. The deviation from the price is +0.49% for the low point and -0.92% for the high point.7,306.15
7,410.20
7,341.85
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 15 minutes
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
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:
Support of triangle is broken
Type : Bearish
Timeframe : 15 minutes
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6,526.27 | 6,907.04 | 7,163.50 | 7,341.85 | 7,420.15 | 7,662.49 | 7,859.10 |
| Change (%) | -11.11% | -5.92% | -2.43% | - | +1.07% | +4.37% | +7.05% |
| Change | -815.58 | -434.81 | -178.35 | - | +78.30 | +320.64 | +517.25 |
| Level | Minor | Major | Intermediate | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,908.61 | 7,036.06 | 7,171.81 | 7,299.26 | 7,435.01 | 7,562.46 | 7,698.21 |
| Camarilla | 7,235.19 | 7,259.32 | 7,283.44 | 7,307.57 | 7,331.70 | 7,355.82 | 7,379.95 |
| Woodie | 6,912.77 | 7,038.13 | 7,175.97 | 7,301.34 | 7,439.17 | 7,564.54 | 7,702.37 |
| Fibonacci | 7,036.06 | 7,136.60 | 7,198.71 | 7,299.26 | 7,399.80 | 7,461.91 | 7,562.46 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,437.58 | 5,981.93 | 6,770.41 | 7,314.76 | 8,103.24 | 8,647.59 | 9,436.07 |
| Camarilla | 7,192.37 | 7,314.55 | 7,436.72 | 7,558.90 | 7,681.08 | 7,803.25 | 7,925.43 |
| Woodie | 5,559.66 | 6,042.96 | 6,892.49 | 7,375.79 | 8,225.32 | 8,708.62 | 9,558.15 |
| Fibonacci | 5,981.93 | 6,491.07 | 6,805.62 | 7,314.76 | 7,823.90 | 8,138.45 | 8,647.59 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,120.32 | 4,823.29 | 6,191.10 | 7,894.07 | 9,261.88 | 10,964.85 | 12,332.66 |
| Camarilla | 6,714.44 | 6,995.92 | 7,277.41 | 7,558.90 | 7,840.39 | 8,121.88 | 8,403.36 |
| Woodie | 2,952.73 | 4,739.50 | 6,023.51 | 7,810.28 | 9,094.29 | 10,881.06 | 12,165.07 |
| Fibonacci | 4,823.29 | 5,996.33 | 6,721.04 | 7,894.07 | 9,067.11 | 9,791.82 | 10,964.85 |
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): | 51.93 | |
| MACD (12,26,9): | 12.8900 | |
| Directional Movement: | 6.99 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 7,363.32 | |
| Parabolic SAR (0,02-0,02-0,2): | 7,319.95 | |
| Elder Ray (13): | 6.41 | |
| Super Trend (3,10): | 7,317.10 | |
| Zig ZAG (10): | 7,354.77 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 47.68 | |
| TEMA (21): | 7,368.17 | |
| Williams %R (14): | -50.36 | |
| Chande Momentum Oscillator (20): | 49.21 | |
| Repulse (5,40,3): | -0.0100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 1.08 |
| MA7: | 7,477.60 | |
| MA20: | 7,710.17 | |
| MA50: | 8,322.46 | |
| MA100: | 8,846.62 | |
| MAexp7: | 7,359.26 | |
| MAexp20: | 7,344.61 | |
| MAexp50: | 7,326.12 | |
| MAexp100: | 7,325.03 | |
| Price / MA7: | -1.82% | |
| Price / MA20: | -4.78% | |
| Price / MA50: | -11.78% | |
| Price / MA100: | -17.01% | |
| Price / MAexp7: | -0.24% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | +0.21% | |
| Price / MAexp100: | +0.23% |
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis BITCOIN - BTC/USD - 15 min.