BITCOIN - BTC/USD - 15 min. - Technical analysis published on 03/27/2020 (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
22%
61%
17%
My opinion
Bearish under 6,703.67 USD
My targets
6,455.67 USD (-2.04%)
6,363.23 USD (-3.44%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BITCOIN - BTC/USD as long as the price remains well below 6,703.67 USD. The sellers” bearish objective is set at 6,455.67 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6,363.23 USD. In case of crossing, the next objective would be the support located at 5,875.21 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN - BTC/USD rating is 6,590.10 USD. The price registered an increase of -2.61% on the session and was traded between 6,587.00 USD and 6,869.00 USD over the period. The price is currently at +0.05% from its lowest and -4.06% from its highest.6,587.00
6,869.00
6,590.10
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. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. 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
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
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 over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 5,745.30 | 5,875.21 | 6,465.92 | 6,590.10 | 6,615.23 | 6,983.72 | 7,423.21 |
Change (%) | -12.82% | -10.85% | -1.88% | - | +0.38% | +5.97% | +12.64% |
Change | -844.80 | -714.89 | -124.18 | - | +25.13 | +393.62 | +833.11 |
Level | Minor | Major | Intermediate | - | Major | Intermediate | 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 |
---|---|---|---|---|---|---|---|
Standard | 6,363.23 | 6,455.67 | 6,611.23 | 6,703.67 | 6,859.23 | 6,951.67 | 7,107.23 |
Camarilla | 6,698.60 | 6,721.33 | 6,744.07 | 6,766.80 | 6,789.53 | 6,812.27 | 6,835.00 |
Woodie | 6,394.80 | 6,471.45 | 6,642.80 | 6,719.45 | 6,890.80 | 6,967.45 | 7,138.80 |
Fibonacci | 6,455.67 | 6,550.40 | 6,608.93 | 6,703.67 | 6,798.40 | 6,856.93 | 6,951.67 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2,270.30 | 3,352.82 | 4,770.06 | 5,852.58 | 7,269.82 | 8,352.34 | 9,769.58 |
Camarilla | 5,499.87 | 5,729.01 | 5,958.16 | 6,187.30 | 6,416.45 | 6,645.59 | 6,874.73 |
Woodie | 2,437.66 | 3,436.50 | 4,937.42 | 5,936.26 | 7,437.18 | 8,436.02 | 9,936.94 |
Fibonacci | 3,352.82 | 4,307.73 | 4,897.67 | 5,852.58 | 6,807.49 | 7,397.43 | 8,352.34 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 5,742.50 | 7,090.90 | 7,809.00 | 9,157.40 | 9,875.50 | 11,223.90 | 11,942.00 |
Camarilla | 7,958.81 | 8,148.24 | 8,337.67 | 8,527.10 | 8,716.53 | 8,905.96 | 9,095.39 |
Woodie | 5,427.35 | 6,933.33 | 7,493.85 | 8,999.83 | 9,560.35 | 11,066.33 | 11,626.85 |
Fibonacci | 7,090.90 | 7,880.30 | 8,368.00 | 9,157.40 | 9,946.80 | 10,434.50 | 11,223.90 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 33.02 | |
MACD (12,26,9): | -25.4300 | |
Directional Movement: | -24.71 | |
AROON (14): | -57.14 | |
DEMA (21): | 6,627.21 | |
Parabolic SAR (0,02-0,02-0,2): | 6,698.03 | |
Elder Ray (13): | -36.70 | |
Super Trend (3,10): | 6,700.01 | |
Zig ZAG (10): | 6,616.70 | |
VORTEX (21): | 0.8300 | |
Stochastique (14,3,5): | 18.66 | |
TEMA (21): | 6,622.83 | |
Williams %R (14): | -73.70 | |
Chande Momentum Oscillator (20): | -56.70 | |
Repulse (5,40,3): | -0.2500 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0500 | |
Courbe Coppock: | 1.21 |
MA7: | 6,477.99 | |
MA20: | 6,314.38 | |
MA50: | 8,227.76 | |
MA100: | 8,216.38 | |
MAexp7: | 6,633.77 | |
MAexp20: | 6,660.04 | |
MAexp50: | 6,690.99 | |
MAexp100: | 6,698.23 | |
Price / MA7: | +1.73% | |
Price / MA20: | +4.37% | |
Price / MA50: | -19.90% | |
Price / MA100: | -19.79% | |
Price / MAexp7: | -0.66% | |
Price / MAexp20: | -1.05% | |
Price / MAexp50: | -1.51% | |
Price / MAexp100: | -1.61% |
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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