XBTUSD - XBTUSD/USD - 15 min. - Technical analysis published on 09/24/2019 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
XBTUSD - XBTUSD/USD Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 9,786.00 USD
My targets
9,366.50 USD (-1.35%)
9,103.00 USD (-4.12%)
My analysis
XBTUSD - XBTUSD/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 9,786.00 USD. The next support located at 9,366.50 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 9,103.00 USD. Below this support, sellers could then target 8,212.67 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
7.1
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This analysis was given by insight.
Additional analysis
Quotes
The XBTUSD - XBTUSD/USD rating is 9,494.50 USD. The price is lower by -1.90% since the last closing and was between 9,406.50 USD and 9,773.00 USD. This implies that the price is at +0.94% from its lowest and at -2.85% from its highest.9,406.50
9,773.00
9,494.50
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
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this XBTUSD - XBTUSD/USD chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5,111.25 | 8,212.67 | 9,442.25 | 9,494.50 | 9,596.00 | 9,657.50 | 9,854.00 |
| Change (%) | -46.17% | -13.50% | -0.55% | - | +1.07% | +1.72% | +3.79% |
| Change | -4,383.25 | -1,281.83 | -52.25 | - | +101.50 | +163.00 | +359.50 |
| Level | Minor | Minor | Major | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9,103.00 | 9,366.50 | 9,522.50 | 9,786.00 | 9,942.00 | 10,205.50 | 10,361.50 |
| Camarilla | 9,563.14 | 9,601.59 | 9,640.05 | 9,678.50 | 9,716.95 | 9,755.41 | 9,793.86 |
| Woodie | 9,049.25 | 9,339.63 | 9,468.75 | 9,759.13 | 9,888.25 | 10,178.63 | 10,307.75 |
| Fibonacci | 9,366.50 | 9,526.75 | 9,625.75 | 9,786.00 | 9,946.25 | 10,045.25 | 10,205.50 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8,794.00 | 9,195.00 | 9,585.00 | 9,986.00 | 10,376.00 | 10,777.00 | 11,167.00 |
| Camarilla | 9,757.48 | 9,829.98 | 9,902.49 | 9,975.00 | 10,047.51 | 10,120.02 | 10,192.53 |
| Woodie | 8,788.50 | 9,192.25 | 9,579.50 | 9,983.25 | 10,370.50 | 10,774.25 | 11,161.50 |
| Fibonacci | 9,195.00 | 9,497.16 | 9,683.84 | 9,986.00 | 10,288.16 | 10,474.84 | 10,777.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,510.00 | 7,423.00 | 8,513.00 | 10,426.00 | 11,516.00 | 13,429.00 | 14,519.00 |
| Camarilla | 8,777.18 | 9,052.45 | 9,327.73 | 9,603.00 | 9,878.28 | 10,153.55 | 10,428.83 |
| Woodie | 5,098.50 | 7,217.25 | 8,101.50 | 10,220.25 | 11,104.50 | 13,223.25 | 14,107.50 |
| Fibonacci | 7,423.00 | 8,570.15 | 9,278.85 | 10,426.00 | 11,573.15 | 12,281.85 | 13,429.00 |
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): | 36.26 | |
| MACD (12,26,9): | -50.8300 | |
| Directional Movement: | -20.56 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 9,496.94 | |
| Parabolic SAR (0,02-0,02-0,2): | 9,415.73 | |
| Elder Ray (13): | -46.74 | |
| Super Trend (3,10): | 9,583.96 | |
| Zig ZAG (10): | 9,472.50 | |
| VORTEX (21): | 0.7200 | |
| Stochastique (14,3,5): | 33.57 | |
| TEMA (21): | 9,465.17 | |
| Williams %R (14): | -67.45 | |
| Chande Momentum Oscillator (20): | -90.50 | |
| Repulse (5,40,3): | -0.2200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 2.77 |
| MA7: | 9,966.07 | |
| MA20: | 10,205.88 | |
| MA50: | 10,412.37 | |
| MA100: | 10,562.09 | |
| MAexp7: | 9,499.14 | |
| MAexp20: | 9,563.28 | |
| MAexp50: | 9,635.98 | |
| MAexp100: | 9,703.32 | |
| Price / MA7: | -4.73% | |
| Price / MA20: | -6.97% | |
| Price / MA50: | -8.82% | |
| Price / MA100: | -10.11% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | -0.72% | |
| Price / MAexp50: | -1.47% | |
| Price / MAexp100: | -2.15% |
This member declared not having a position on this financial instrument or a related financial instrument.
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