BITCOIN - BTC/USD - 15 min. - Technical analysis published on 02/25/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
28%
61%
11%
My opinion
Bearish under 9,722.07 USD
My targets
9,421.33 USD (-0.97%)
9,184.27 USD (-3.46%)
My analysis
The bearish trend is currently very strong for BITCOIN - BTC/USD. As long as the price remains below the resistance at 9,722.07 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 9,421.33 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 9,184.27 USD as an objective. Crossing it would then enable sellers to target 8,883.53 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
7.1
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This analysis was given by MK. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BITCOIN - BTC/USD rating 9,513.90 USD. On the day, this instrument lost -1.50% with the lowest point at 9,500.00 USD and the highest point at 9,671.60 USD. The deviation from the price is +0.15% for the low point and -1.63% for the high point.9,500.00
9,671.60
9,513.90
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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
Technical analysis of BITCOIN - BTC/USD in 15 min. shows a overall strongly bearish trend. 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 detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 2 are neutral and 11 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 8,334.10 | 8,919.74 | 9,353.10 | 9,513.90 | 9,516.95 | 9,617.14 | 9,688.29 |
| Change (%) | -12.40% | -6.25% | -1.69% | - | +0.03% | +1.09% | +1.83% |
| Change | -1,179.80 | -594.16 | -160.80 | - | +3.05 | +103.24 | +174.39 |
| Level | Minor | Minor | Intermediate | - | Major | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,883.53 | 9,184.27 | 9,421.33 | 9,722.07 | 9,959.13 | 10,259.87 | 10,496.93 |
| Camarilla | 9,510.51 | 9,559.80 | 9,609.10 | 9,658.40 | 9,707.70 | 9,757.00 | 9,806.30 |
| Woodie | 8,851.70 | 9,168.35 | 9,389.50 | 9,706.15 | 9,927.30 | 10,243.95 | 10,465.10 |
| Fibonacci | 9,184.27 | 9,389.71 | 9,516.63 | 9,722.07 | 9,927.51 | 10,054.43 | 10,259.87 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,328.17 | 8,840.63 | 9,256.07 | 9,768.53 | 10,183.97 | 10,696.43 | 11,111.87 |
| Camarilla | 9,416.33 | 9,501.39 | 9,586.44 | 9,671.50 | 9,756.56 | 9,841.62 | 9,926.67 |
| Woodie | 8,279.65 | 8,816.37 | 9,207.55 | 9,744.28 | 10,135.45 | 10,672.18 | 11,063.35 |
| Fibonacci | 8,840.63 | 9,195.09 | 9,414.08 | 9,768.53 | 10,122.99 | 10,341.98 | 10,696.43 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4,903.28 | 5,881.93 | 7,607.71 | 8,586.36 | 10,312.14 | 11,290.79 | 13,016.57 |
| Camarilla | 8,589.78 | 8,837.69 | 9,085.59 | 9,333.50 | 9,581.41 | 9,829.31 | 10,077.22 |
| Woodie | 5,276.86 | 6,068.71 | 7,981.29 | 8,773.14 | 10,685.72 | 11,477.57 | 13,390.15 |
| Fibonacci | 5,881.93 | 6,915.02 | 7,553.26 | 8,586.36 | 9,619.45 | 10,257.70 | 11,290.79 |
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): | 35.63 | |
| MACD (12,26,9): | -25.6400 | |
| Directional Movement: | -14.36 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 9,513.80 | |
| Parabolic SAR (0,02-0,02-0,2): | 9,542.60 | |
| Elder Ray (13): | -30.62 | |
| Super Trend (3,10): | 9,581.55 | |
| Zig ZAG (10): | 9,503.70 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 8.02 | |
| TEMA (21): | 9,511.48 | |
| Williams %R (14): | -94.56 | |
| Chande Momentum Oscillator (20): | -82.70 | |
| Repulse (5,40,3): | -0.2900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 1.37 |
| MA7: | 9,674.63 | |
| MA20: | 9,907.29 | |
| MA50: | 9,209.11 | |
| MA100: | 8,270.45 | |
| MAexp7: | 9,519.30 | |
| MAexp20: | 9,548.03 | |
| MAexp50: | 9,589.68 | |
| MAexp100: | 9,644.45 | |
| Price / MA7: | -1.66% | |
| Price / MA20: | -3.97% | |
| Price / MA50: | +3.31% | |
| Price / MA100: | +15.03% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -0.36% | |
| Price / MAexp50: | -0.79% | |
| Price / MAexp100: | -1.35% |
This member declared not having a position on this financial instrument or a related financial instrument.
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