MICRO BITCOIN FULL0225
MBTCUSDXXXX
- USD (-)
- 10 min delayed data - CME Globex Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Futures
Ticker: MBTCUSDXXXX
ISIN: MBTCUSDXXXX

MICRO BITCOIN FULL0225 - Daily - Technical analysis published on 11/15/2024 (GMT)

  • 94
  • 0
  • Timeframe : Daily
  • - Analysis generated on
  • Status : WITHOUT TARGET

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 91,117 USD
My targets
-
My analysis
The bullish trend is currently very strong on MICRO BITCOIN FULL1124. As long as the price remains above the support at 91,117 USD, you could try to benefit from the boom. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4

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 jamesleedoyle. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The MICRO BITCOIN FULL1124 price is 91,170 USD. The price registered an increase of +3.70% on the session with the lowest point at 86,970 USD and the highest point at 91,340 USD. The deviation from the price is +4.83% for the low point and -0.19% for the high point.

86,970
91,340
91,170

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by MICRO BITCOIN FULL1124:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of this Daily chart of MICRO BITCOIN FULL1124 indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Price is back over the pivot point

Type : Bullish

Timeframe : Daily



The analysis of the price chart with Central Patterns scanners does not return any result.

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


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 60,903 70,565 77,160 91,170
Change (%) -33.20% -22.60% -15.37% -
Change -30,267 -20,605 -14,010 -
Level Minor Intermediate Major -



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
Standard81,01784,16386,04289,18891,06794,21396,092
Camarilla86,53886,99987,45987,92088,38188,84189,302
Woodie80,38383,84685,40888,87190,43393,89695,458
Fibonacci84,16386,08387,26989,18891,10892,29494,213


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard59,54363,33770,34874,14281,15384,94791,958
Camarilla74,38975,37976,37077,36078,35079,34180,331
Woodie61,15364,14171,95874,94682,76385,75193,568
Fibonacci63,33767,46470,01474,14278,26980,81984,947


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard46,55253,08361,40767,93876,26282,79391,117
Camarilla65,64567,00768,36869,73071,09272,45373,815
Woodie47,44853,53162,30368,38677,15883,24192,013
Fibonacci53,08358,75862,26467,93873,61377,11982,793

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): 76.00
MACD (12,26,9): 6,179.0000
Directional Movement: 31
AROON (14): 50
DEMA (21): 85,212
Parabolic SAR (0,02-0,02-0,2): 77,053
Elder Ray (13): 7,738
Super Trend (3,10): 77,512
Zig ZAG (10): 90,795
VORTEX (21): 1.0000
Stochastique (14,3,5): 84.00
TEMA (21): 89,115
Williams %R (14): -12.00
Chande Momentum Oscillator (20): 18,485
Repulse (5,40,3): 6.0000
ROCnROLL: 1
TRIX (15,9): 1.0000
Courbe Coppock: 47.00
MA7: 85,946
MA20: 75,620
MA50: 68,309
MA100: 65,524
MAexp7: 85,963
MAexp20: 78,010
MAexp50: 71,244
MAexp100: 67,787
Price / MA7: +6.08%
Price / MA20: +20.56%
Price / MA50: +33.47%
Price / MA100: +39.14%
Price / MAexp7: +6.06%
Price / MAexp20: +16.87%
Price / MAexp50: +27.97%
Price / MAexp100: +34.49%

Quotes : - 10 min delayed data - CME Globex Futures

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

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