BITCOIN - BTC/USDT - 15 min. - Technical analysis published on 05/25/2021 (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:
Strongly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 37,601.38 USDT
My targets
40,933.10 USDT (+3.71%)
43,090.29 USDT (+9.18%)
My analysis
BITCOIN - BTC/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 37,601.38 USDT. The next resistance located at 40,933.10 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 43,090.29 USDT. After this resistance, buyers could then target 46,422.01 USDT. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.1
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This analysis was given by Faris. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN - BTC/USDT rating is 39,468.39 USDT. On the day, this instrument gained +1.79% and was between 38,526.49 USDT and 39,769.80 USDT. This implies that the price is at +2.44% from its lowest and at -0.76% from its highest.38,526.49
39,769.80
39,468.39
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.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BITCOIN - BTC/USDT:
Technical
Technical analysis of BITCOIN - BTC/USDT in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 15 minutes
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 15 minutes
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
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 33,521.50 | 37,197.40 | 38,772.20 | 39,468.39 | 40,587.30 | 42,306.70 | 45,763.20 |
| Change (%) | -15.07% | -5.75% | -1.76% | - | +2.83% | +7.19% | +15.95% |
| Change | -5,946.89 | -2,270.99 | -696.19 | - | +1,118.91 | +2,838.31 | +6,294.81 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Major | 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 | 29,955.28 | 32,112.47 | 35,444.19 | 37,601.38 | 40,933.10 | 43,090.29 | 46,422.01 |
| Camarilla | 37,266.46 | 37,769.61 | 38,272.76 | 38,775.91 | 39,279.06 | 39,782.21 | 40,285.36 |
| Woodie | 30,542.55 | 32,406.10 | 36,031.46 | 37,895.01 | 41,520.37 | 43,383.92 | 47,009.28 |
| Fibonacci | 32,112.47 | 34,209.23 | 35,504.62 | 37,601.38 | 39,698.14 | 40,993.53 | 43,090.29 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11,892.19 | 21,934.64 | 29,689.69 | 39,732.14 | 47,487.19 | 57,529.64 | 65,284.69 |
| Camarilla | 32,550.42 | 34,181.86 | 35,813.29 | 37,444.73 | 39,076.17 | 40,707.61 | 42,339.04 |
| Woodie | 10,748.48 | 21,362.79 | 28,545.98 | 39,160.29 | 46,343.48 | 56,957.79 | 64,140.98 |
| Fibonacci | 21,934.64 | 28,733.29 | 32,933.50 | 39,732.14 | 46,530.79 | 50,731.00 | 57,529.64 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 30,649.47 | 38,888.43 | 48,291.87 | 56,530.83 | 65,934.27 | 74,173.23 | 83,576.67 |
| Camarilla | 52,843.64 | 54,460.86 | 56,078.08 | 57,695.30 | 59,312.52 | 60,929.74 | 62,546.96 |
| Woodie | 31,231.70 | 39,179.55 | 48,874.10 | 56,821.95 | 66,516.50 | 74,464.35 | 84,158.90 |
| Fibonacci | 38,888.43 | 45,627.83 | 49,791.44 | 56,530.83 | 63,270.23 | 67,433.84 | 74,173.23 |
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): | 63.80 | |
| MACD (12,26,9): | 304.2300 | |
| Directional Movement: | 15.72 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 39,097.95 | |
| Parabolic SAR (0,02-0,02-0,2): | 38,749.05 | |
| Elder Ray (13): | 237.54 | |
| Super Trend (3,10): | 38,091.45 | |
| Zig ZAG (10): | 39,056.46 | |
| VORTEX (21): | 1.2100 | |
| Stochastique (14,3,5): | 60.93 | |
| TEMA (21): | 39,053.30 | |
| Williams %R (14): | -63.29 | |
| Chande Momentum Oscillator (20): | 547.30 | |
| Repulse (5,40,3): | -1.2100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1500 | |
| Courbe Coppock: | 6.29 |
| MA7: | 38,322.30 | |
| MA20: | 46,811.47 | |
| MA50: | 52,764.36 | |
| MA100: | 53,366.02 | |
| MAexp7: | 38,793.45 | |
| MAexp20: | 38,822.01 | |
| MAexp50: | 38,208.41 | |
| MAexp100: | 37,404.36 | |
| Price / MA7: | +2.99% | |
| Price / MA20: | -15.69% | |
| Price / MA50: | -25.20% | |
| Price / MA100: | -26.04% | |
| Price / MAexp7: | +1.74% | |
| Price / MAexp20: | +1.66% | |
| Price / MAexp50: | +3.30% | |
| Price / MAexp100: | +5.52% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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