MICRO BITCOIN ONLY1124 - 15 min. - Technical analysis published on 11/25/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
MICRO BITCOIN ONLY1124 Chart
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 99,017 USD
My targets
96,452 USD (-1.17%)
96,292 USD (-1.34%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on MICRO BITCOIN ONLY1124 as long as the price remains well below 99,017 USD. The sellers' bearish objective is set at 96,452 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 96,292 USD. In case of crossing, the next objective would be the support located at 95,163 USD.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.5
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This analysis was given by euletthomas.
Additional analysis
Quotes
MICRO BITCOIN ONLY1124 rating 97,595 USD. On the day, this instrument lost -1.90% with the lowest point at 97,125 USD and the highest point at 99,285 USD. The deviation from the price is +0.48% for the low point and -1.70% for the high point.97,125
99,285
97,595
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a 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 (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 15 min. chart of MICRO BITCOIN ONLY1124 indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 86,955 | 94,095 | 97,420 | 97,595 | 100,000 |
| Change (%) | -10.90% | -3.59% | -0.18% | - | +2.46% |
| Change | -10,640 | -3,500 | -175 | - | +2,405 |
| Level | Intermediate | Minor | Minor | - | Intermediate |
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 | 95,163 | 96,292 | 97,888 | 99,017 | 100,613 | 101,742 | 103,338 |
| Camarilla | 98,736 | 98,985 | 99,235 | 99,485 | 99,735 | 99,985 | 100,234 |
| Woodie | 95,398 | 96,409 | 98,123 | 99,134 | 100,848 | 101,859 | 103,573 |
| Fibonacci | 96,292 | 97,333 | 97,976 | 99,017 | 100,058 | 100,701 | 101,742 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 82,338 | 86,032 | 92,758 | 96,452 | 103,178 | 106,872 | 113,598 |
| Camarilla | 96,620 | 97,575 | 98,530 | 99,485 | 100,440 | 101,395 | 102,351 |
| Woodie | 83,855 | 86,790 | 94,275 | 97,210 | 104,695 | 107,630 | 115,115 |
| Fibonacci | 86,032 | 90,012 | 92,471 | 96,452 | 100,432 | 102,891 | 106,872 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 46,260 | 52,850 | 61,290 | 67,880 | 76,320 | 82,910 | 91,350 |
| Camarilla | 65,597 | 66,975 | 68,352 | 69,730 | 71,108 | 72,486 | 73,863 |
| Woodie | 47,185 | 53,313 | 62,215 | 68,343 | 77,245 | 83,373 | 92,275 |
| Fibonacci | 52,850 | 58,591 | 62,139 | 67,880 | 73,621 | 77,169 | 82,910 |
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): | 44.00 | |
| MACD (12,26,9): | -29.0000 | |
| Directional Movement: | -3 | |
| AROON (14): | -100 | |
| DEMA (21): | 98,541 | |
| Parabolic SAR (0,02-0,02-0,2): | 98,947 | |
| Elder Ray (13): | -198 | |
| Super Trend (3,10): | 98,199 | |
| Zig ZAG (10): | 98,255 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 3.00 | |
| TEMA (21): | 98,381 | |
| Williams %R (14): | -94.00 | |
| Chande Momentum Oscillator (20): | -610 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.00 |
| MA7: | 95,426 | |
| MA20: | 83,968 | |
| MA50: | 72,624 | |
| MA100: | 67,455 | |
| MAexp7: | 98,291 | |
| MAexp20: | 98,530 | |
| MAexp50: | 98,535 | |
| MAexp100: | 98,537 | |
| Price / MA7: | +2.27% | |
| Price / MA20: | +16.23% | |
| Price / MA50: | +34.38% | |
| Price / MA100: | +44.68% | |
| Price / MAexp7: | -0.71% | |
| Price / MAexp20: | -0.95% | |
| Price / MAexp50: | -0.95% | |
| Price / MAexp100: | -0.96% |
Quotes :
-
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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