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BITCOIN - BTC/USDT
BITCOIN - BTC/USDT
1.16 USDT (-3.33%)
03/28/2025 - 19:59 Closed Real time data - CoinMarketCap
Open: 1.20
Change: -0.04
Volume: 811,288
Low: 1.16
High: 1.21
High / Low range: 0.05
Type: Cryptocurrencies
Ticker: BTCUSDT
ISIN:

BITCOIN - BTC/USDT - 1H - Technical analysis published on 09/15/2023 (GMT)

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  • 09/15/2023 - 17:52
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Londinia
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  • Timeframe : 1H
  • - Analysis generated on 09/15/2023 - 17:52
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
22%
39%
39%
My opinion
Bearish under 26,846.44 USDT
My targets
26,010.29 USDT (-1.33%)
25,796.50 USDT (-2.14%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for BITCOIN - BTC/USDT as long as the price remains well below 26,846.44 USDT. The next bearish objective for sellers is set at 26,010.29 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 25,796.50 USDT. In case of crossing, the next objective would be the support located at 24,991.20 USDT. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 26,010.29 USDT. With this support, against the trend traders who want to buy BITCOIN - BTC/USDT on a buy signal from their trading strategy should not hesitate to act.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
0.9

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.

yotta
This analysis was given by yotta. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The BITCOIN - BTC/USDT rating is 26,361.36 USDT. The price registered a decrease of -0.61% on the session and was between 26,225.30 USDT and 26,683.52 USDT. This implies that the price is at +0.52% from its lowest and at -1.21% from its highest.

26,225.30
26,683.52
26,361.36

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
Created with Raphaël 2.3.0-75075150January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of BITCOIN - BTC/USDT in 1H shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 24,991.20 25,796.50 26,010.29 26,361.36 26,423.20 26,846.44 27,727.96
Change (%) -5.20% -2.14% -1.33% - +0.23% +1.84% +5.18%
Change -1,370.16 -564.86 -351.07 - +61.84 +485.08 +1,366.60
Level Major Intermediate Intermediate - Intermediate Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard25,492.5625,827.9126,175.7426,511.0926,858.9227,194.2727,542.10
Camarilla26,335.7026,398.3226,460.9526,523.5726,586.2026,648.8226,711.45
Woodie25,498.8025,831.0326,181.9826,514.2126,865.1627,197.3927,548.34
Fibonacci25,827.9126,088.8926,250.1226,511.0926,772.0726,933.3027,194.27


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard24,352.8124,875.7325,388.8225,911.7426,424.8326,947.7527,460.84
Camarilla25,617.0025,711.9725,806.9325,901.9025,996.8726,091.8426,186.80
Woodie24,347.8924,873.2725,383.9025,909.2826,419.9126,945.2927,455.92
Fibonacci24,875.7325,271.4925,515.9925,911.7426,307.5026,552.0026,947.75


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19,560.8322,546.2724,243.2327,228.6728,925.6331,911.0733,608.03
Camarilla24,652.5425,081.7625,510.9825,940.2026,369.4226,798.6427,227.86
Woodie18,916.6022,224.1523,599.0026,906.5528,281.4031,588.9532,963.80
Fibonacci22,546.2724,334.9425,439.9927,228.6729,017.3430,122.3931,911.07

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
Created with Raphaël 2.3.0Sell7
Moving averages
Created with Raphaël 2.3.0Buy16

RSI (14): 43.78
MACD (12,26,9): -28.4700
Directional Movement: -1.81
AROON (14): -35.71
DEMA (21): 26,440.88
Parabolic SAR (0,02-0,02-0,2): 26,579.12
Elder Ray (13): -78.67
Super Trend (3,10): 26,641.94
Zig ZAG (10): 26,340.97
VORTEX (21): 0.8800
Stochastique (14,3,5): 26.58
TEMA (21): 26,338.93
Williams %R (14): -74.90
Chande Momentum Oscillator (20): -248.77
Repulse (5,40,3): -0.1700
ROCnROLL: -1
TRIX (15,9): 0.0100
Courbe Coppock: 1.47
MA7: 25,978.99
MA20: 26,110.57
MA50: 27,402.95
MA100: 28,298.16
MAexp7: 26,382.02
MAexp20: 26,452.50
MAexp50: 26,367.52
MAexp100: 26,192.64
Price / MA7: +1.47%
Price / MA20: +0.96%
Price / MA50: -3.80%
Price / MA100: -6.84%
Price / MAexp7: -0.08%
Price / MAexp20: -0.34%
Price / MAexp50: -0.02%
Price / MAexp100: +0.64%

Quotes : 09/15/2023 - 17:52 - Real time data - Cryptocompare

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

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Londinia
Londinia AI

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