BITCOIN - BTC/USDT - 15 min. - Technical analysis published on 09/19/2023 (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
78%
0%
22%
My opinion
Bullish above 26,859.59 USDT
My targets
27,866.49 USDT (+1.75%)
28,322.48 USDT (+3.41%)
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 26,859.59 USDT. The next resistance located at 27,866.49 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 28,322.48 USDT. After this resistance, buyers could then target 29,124.85 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.
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
8.6
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Additional analysis
Quotes
The BITCOIN - BTC/USDT price is 27,387.63 USDT. The price has increased by +2.33% since the last closing and was between 26,670.27 USDT and 27,479.72 USDT. This implies that the price is at +2.69% from its lowest and at -0.34% from its highest.26,670.27
27,479.72
27,387.63
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 - 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 market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:
Black gravestone / inverted hammer
Type : Bearish
Timeframe : 15 minutes
Bearish harami
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 26,279.71 | 26,853.06 | 27,284.68 | 27,387.63 | 29,124.85 | 30,456.64 | 31,491.54 |
| Change (%) | -4.05% | -1.95% | -0.38% | - | +6.34% | +11.21% | +14.98% |
| Change | -1,107.92 | -534.57 | -102.95 | - | +1,737.22 | +3,069.01 | +4,103.91 |
| Level | Major | Intermediate | Intermediate | - | Minor | Intermediate | 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 | 25,301.78 | 25,852.69 | 26,308.68 | 26,859.59 | 27,315.58 | 27,866.49 | 28,322.48 |
| Camarilla | 26,487.77 | 26,580.07 | 26,672.37 | 26,764.67 | 26,856.97 | 26,949.27 | 27,041.57 |
| Woodie | 25,254.32 | 25,828.96 | 26,261.22 | 26,835.86 | 27,268.12 | 27,842.76 | 28,275.02 |
| Fibonacci | 25,852.69 | 26,237.33 | 26,474.95 | 26,859.59 | 27,244.23 | 27,481.85 | 27,866.49 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23,432.88 | 24,178.05 | 25,369.36 | 26,114.53 | 27,305.84 | 28,051.01 | 29,242.32 |
| Camarilla | 26,028.15 | 26,205.66 | 26,383.17 | 26,560.68 | 26,738.19 | 26,915.70 | 27,093.21 |
| Woodie | 23,655.96 | 24,289.59 | 25,592.44 | 26,226.07 | 27,528.92 | 28,162.55 | 29,465.40 |
| Fibonacci | 24,178.05 | 24,917.78 | 25,374.79 | 26,114.53 | 26,854.26 | 27,311.27 | 28,051.01 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19,560.83 | 22,546.27 | 24,243.23 | 27,228.67 | 28,925.63 | 31,911.07 | 33,608.03 |
| Camarilla | 24,652.54 | 25,081.76 | 25,510.98 | 25,940.20 | 26,369.42 | 26,798.64 | 27,227.86 |
| Woodie | 18,916.60 | 22,224.15 | 23,599.00 | 26,906.55 | 28,281.40 | 31,588.95 | 32,963.80 |
| Fibonacci | 22,546.27 | 24,334.94 | 25,439.99 | 27,228.67 | 29,017.34 | 30,122.39 | 31,911.07 |
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
Moving averages
| RSI (14): | 66.20 | |
| MACD (12,26,9): | 60.5600 | |
| Directional Movement: | 14.41 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 27,254.83 | |
| Parabolic SAR (0,02-0,02-0,2): | 26,922.58 | |
| Elder Ray (13): | 170.72 | |
| Super Trend (3,10): | 27,044.74 | |
| Zig ZAG (10): | 27,447.76 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 91.67 | |
| TEMA (21): | 27,275.33 | |
| Williams %R (14): | -2.15 | |
| Chande Momentum Oscillator (20): | 316.04 | |
| Repulse (5,40,3): | 1.1100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 0.30 |
| MA7: | 26,659.33 | |
| MA20: | 26,119.04 | |
| MA50: | 27,207.65 | |
| MA100: | 28,324.88 | |
| MAexp7: | 27,227.99 | |
| MAexp20: | 27,172.62 | |
| MAexp50: | 27,070.53 | |
| MAexp100: | 26,979.52 | |
| Price / MA7: | +2.73% | |
| Price / MA20: | +4.86% | |
| Price / MA50: | +0.66% | |
| Price / MA100: | -3.31% | |
| Price / MAexp7: | +0.58% | |
| Price / MAexp20: | +0.78% | |
| Price / MAexp50: | +1.16% | |
| Price / MAexp100: | +1.51% |
Quotes :
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Real time data
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Cryptocompare
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