BITCOIN - BTC/USD
BITCOIN - BTC/USD
9,389.10 USD (+0.00%)
Real time - Cryptocompare
Open: 9,399.90
Change: 0
Volume: 150
Low: 9,346.40
High: 9,430.00
High / Low range: 83.60
Type: Cryptocurrencies
Ticker: BTCUSD
ISIN:

BITCOIN - BTC/USD - 15 min. - Technical analysis published on 12/04/2019

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  • Timeframe : 15 min.
  • Status : TARGET REACHED

BITCOIN - BTC/USD - 15 min.
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 7,314.84 USD
My targets
7,144.94 USD (-0.34%)
7,049.59 USD (-1.67%)
My analysis
BITCOIN - BTC/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 7,314.84 USD. The next support located at 7,144.94 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 7,049.59 USD. Below this support, sellers could then target 7,028.32 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
7

Complete this analysis for another time unit:
1H Daily Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 product 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 analysis. 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.

Additional analysis

Quotes

The BITCOIN - BTC/USD rating is 7,169.53 USD. On the day, this instrument lost -1.71% and was between 7,111.93 USD and 7,302.22 USD. This implies that the price is at +0.81% from its lowest and at -1.82% from its highest.

7,111.93
7,302.22
7,169.53

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

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


Technical analysis of this 15 min. chart of BITCOIN - BTC/USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

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:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 15 minutes



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 6,907.04 7,028.32 7,163.50 7,169.53 7,240.96 7,420.15 7,668.32
Change (%) -3.66% -1.97% -0.08% - +1.00% +3.50% +6.96%
Change -262.49 -141.21 -6.03 - +71.43 +250.62 +498.79
Level Major Minor Intermediate - Intermediate Major Minor



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
Standard7,049.597,144.947,219.497,314.847,389.397,484.747,559.29
Camarilla7,247.317,262.887,278.467,294.037,309.607,325.187,340.75
Woodie7,039.187,139.747,209.087,309.647,378.987,479.547,548.88
Fibonacci7,144.947,209.857,249.947,314.847,379.757,419.847,484.74


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5,437.585,981.936,770.417,314.768,103.248,647.599,436.07
Camarilla7,192.377,314.557,436.727,558.907,681.087,803.257,925.43
Woodie5,559.666,042.966,892.497,375.798,225.328,708.629,558.15
Fibonacci5,981.936,491.076,805.627,314.767,823.908,138.458,647.59


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3,120.324,823.296,191.107,894.079,261.8810,964.8512,332.66
Camarilla6,714.446,995.927,277.417,558.907,840.398,121.888,403.36
Woodie2,952.734,739.506,023.517,810.289,094.2910,881.0612,165.07
Fibonacci4,823.295,996.336,721.047,894.079,067.119,791.8210,964.85

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): 31.67
MACD (12,26,9): -42.4600
Directional Movement: -28.92
AROON (14): -42.86
DEMA (21): 7,150.51
Parabolic SAR (0,02-0,02-0,2): 7,164.39
Elder Ray (13): -24.32
Super Trend (3,10): 7,230.79
Zig ZAG (10): 7,155.16
VORTEX (21): 0.7000
Stochastique (14,3,5): 20.77
TEMA (21): 7,127.60
Williams %R (14): -77.26
Chande Momentum Oscillator (20): -109.20
Repulse (5,40,3): -0.0300
ROCnROLL: 2
TRIX (15,9): -0.0800
Courbe Coppock: 3.80
MA7: 7,414.76
MA20: 7,634.00
MA50: 8,301.37
MA100: 8,814.08
MAexp7: 7,160.06
MAexp20: 7,204.39
MAexp50: 7,255.64
MAexp100: 7,281.58
Price / MA7: -3.31%
Price / MA20: -6.08%
Price / MA50: -13.63%
Price / MA100: -18.66%
Price / MAexp7: +0.13%
Price / MAexp20: -0.48%
Price / MAexp50: -1.19%
Price / MAexp100: -1.54%

This member declared not having a position on this financial instrument or a related instrument.

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