BITCOIN FULL0625 - 15 min. - Technical analysis published on 03/31/2022 (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
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
39%
6%
56%
My opinion
Bullish above 47,318 USD
My targets
47,922 USD (+1.08%)
48,348 USD (+1.98%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for BITCOIN FULL0422 as long as the price remains well above 47,318 USD. The buyers' bullish objective is set at 47,922 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 48,348 USD. If there is any crossing, the next objective would be the resistance located at 48,603 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 47,922 USD. On this resistance, against the trend traders who would like to go short on BITCOIN FULL0422 with a bearish signal from their trading strategy, should not hesitate to act.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
1.4
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Additional analysis
Quotes
The BITCOIN FULL0422 price is 47,410 USD. The price registered an increase of +0.36% on the session and was between 47,045 USD and 47,675 USD. This implies that the price is at +0.78% from its lowest and at -0.56% from its highest.47,045
47,675
47,410
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of BITCOIN FULL0422 in 15 min. shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. An assessment of moving averages reveals several bearish and bullish signals:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bullish harami cross
Type : Bullish
Timeframe : 15 minutes
Bearish engulfing lines
Type : Bearish
Timeframe : 15 minutes
Abandoned baby evening star
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 43,542 | 44,855 | 46,715 | 47,410 | 48,447 | 51,602 | 59,483 |
| Change (%) | -8.16% | -5.39% | -1.47% | - | +2.19% | +8.84% | +25.47% |
| Change | -3,868 | -2,555 | -695 | - | +1,037 | +4,192 | +12,073 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | 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 | 45,352 | 46,033 | 46,637 | 47,318 | 47,922 | 48,603 | 49,207 |
| Camarilla | 46,887 | 47,004 | 47,122 | 47,240 | 47,358 | 47,476 | 47,593 |
| Woodie | 45,313 | 46,014 | 46,598 | 47,299 | 47,883 | 48,584 | 49,168 |
| Fibonacci | 46,033 | 46,524 | 46,827 | 47,318 | 47,809 | 48,112 | 48,603 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 36,912 | 38,758 | 41,707 | 43,553 | 46,502 | 48,348 | 51,297 |
| Camarilla | 43,336 | 43,776 | 44,215 | 44,655 | 45,095 | 45,534 | 45,974 |
| Woodie | 37,463 | 39,034 | 42,258 | 43,829 | 47,053 | 48,624 | 51,848 |
| Fibonacci | 38,758 | 40,590 | 41,722 | 43,553 | 45,385 | 46,517 | 48,348 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25,418 | 29,882 | 37,083 | 41,547 | 48,748 | 53,212 | 60,413 |
| Camarilla | 41,077 | 42,146 | 43,216 | 44,285 | 45,354 | 46,424 | 47,493 |
| Woodie | 26,788 | 30,566 | 38,453 | 42,231 | 50,118 | 53,896 | 61,783 |
| Fibonacci | 29,882 | 34,338 | 37,091 | 41,547 | 46,003 | 48,756 | 53,212 |
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): | 53.00 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -4 | |
| AROON (14): | 79 | |
| DEMA (21): | 47,323 | |
| Parabolic SAR (0,02-0,02-0,2): | 47,176 | |
| Elder Ray (13): | 38 | |
| Super Trend (3,10): | 47,496 | |
| Zig ZAG (10): | 47,320 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 81.00 | |
| TEMA (21): | 47,329 | |
| Williams %R (14): | -34.00 | |
| Chande Momentum Oscillator (20): | 215 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.00 |
| MA7: | 45,968 | |
| MA20: | 42,197 | |
| MA50: | 41,098 | |
| MA100: | 45,943 | |
| MAexp7: | 47,326 | |
| MAexp20: | 47,338 | |
| MAexp50: | 47,361 | |
| MAexp100: | 47,420 | |
| Price / MA7: | +3.14% | |
| Price / MA20: | +12.35% | |
| Price / MA50: | +15.36% | |
| Price / MA100: | +3.19% | |
| Price / MAexp7: | +0.18% | |
| Price / MAexp20: | +0.15% | |
| Price / MAexp50: | +0.10% | |
| Price / MAexp100: | -0.02% |
Quotes :
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10 min delayed data
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CME Globex Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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