BITCOIN - BTC/USDT - 15 min. - Technical analysis published on 03/18/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
11%
56%
33%
My opinion
Bearish under 67,211.73 USDT
My targets
65,736.68 USDT (-1.71%)
63,077.59 USDT (-5.69%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on BITCOIN - BTC/USDT as long as the price remains well below 67,211.73 USDT. The next bearish objective for sellers is set at 65,736.68 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 63,077.59 USDT. In case of crossing, the next objective would be the support located at 61,602.54 USDT.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
4.3
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This analysis was given by chookich. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BITCOIN - BTC/USDT rating 66,880.20 USDT. On the day, this instrument lost -2.22% with the lowest point at 66,804.58 USDT and the highest point at 68,957.34 USDT. The deviation from the price is +0.11% for the low point and -3.01% for the high point.66,804.58
68,957.34
66,880.20
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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 this 15 min. chart of BITCOIN - BTC/USDT indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 15 minutes
In fact, 10 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 47,273.05 | 50,745.69 | 66,211.53 | 66,880.20 | 67,514.20 | 68,820.32 | 69,952.33 |
| Change (%) | -29.32% | -24.12% | -1.00% | - | +0.95% | +2.90% | +4.59% |
| Change | -19,607.15 | -16,134.51 | -668.67 | - | +634.00 | +1,940.12 | +3,072.13 |
| Level | Major | Intermediate | Minor | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 61,602.54 | 63,077.59 | 65,736.68 | 67,211.73 | 69,870.82 | 71,345.87 | 74,004.96 |
| Camarilla | 67,258.88 | 67,637.84 | 68,016.81 | 68,395.77 | 68,774.73 | 69,153.70 | 69,532.66 |
| Woodie | 62,194.56 | 63,373.60 | 66,328.70 | 67,507.74 | 70,462.84 | 71,641.88 | 74,596.98 |
| Fibonacci | 63,077.59 | 64,656.83 | 65,632.49 | 67,211.73 | 68,790.97 | 69,766.63 | 71,345.87 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 53,212.86 | 59,009.64 | 62,156.59 | 67,953.37 | 71,100.32 | 76,897.10 | 80,044.05 |
| Camarilla | 62,844.00 | 63,663.85 | 64,483.69 | 65,303.53 | 66,123.37 | 66,943.21 | 67,763.06 |
| Woodie | 51,887.94 | 58,347.18 | 60,831.67 | 67,290.91 | 69,775.40 | 76,234.64 | 78,719.13 |
| Fibonacci | 59,009.64 | 62,426.15 | 64,536.87 | 67,953.37 | 71,369.88 | 73,480.60 | 76,897.10 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25,183.22 | 33,533.95 | 47,334.75 | 55,685.48 | 69,486.28 | 77,837.01 | 91,637.81 |
| Camarilla | 55,043.89 | 57,074.45 | 59,105.00 | 61,135.56 | 63,166.12 | 65,196.67 | 67,227.23 |
| Woodie | 27,908.27 | 34,896.47 | 50,059.80 | 57,048.00 | 72,211.33 | 79,199.53 | 94,362.86 |
| Fibonacci | 33,533.95 | 41,995.83 | 47,223.59 | 55,685.48 | 64,147.36 | 69,375.12 | 77,837.01 |
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): | 33.40 | |
| MACD (12,26,9): | -99.1100 | |
| Directional Movement: | -15.08 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 67,913.47 | |
| Parabolic SAR (0,02-0,02-0,2): | 68,579.76 | |
| Elder Ray (13): | -541.89 | |
| Super Trend (3,10): | 68,606.29 | |
| Zig ZAG (10): | 67,322.03 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 15.70 | |
| TEMA (21): | 67,810.40 | |
| Williams %R (14): | -91.20 | |
| Chande Momentum Oscillator (20): | -763.69 | |
| Repulse (5,40,3): | -0.8200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.18 |
| MA7: | 69,512.75 | |
| MA20: | 66,998.95 | |
| MA50: | 55,824.87 | |
| MA100: | 49,327.12 | |
| MAexp7: | 67,885.44 | |
| MAexp20: | 68,018.40 | |
| MAexp50: | 68,037.03 | |
| MAexp100: | 67,906.01 | |
| Price / MA7: | -3.79% | |
| Price / MA20: | -0.18% | |
| Price / MA50: | +19.80% | |
| Price / MA100: | +35.59% | |
| Price / MAexp7: | -1.48% | |
| Price / MAexp20: | -1.67% | |
| Price / MAexp50: | -1.70% | |
| Price / MAexp100: | -1.51% |
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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