BITCOIN - BTC/USDT - 15 min. - Technical analysis published on 03/19/2024 (GMT)
- 89
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
44%
17%
39%
My opinion
Bullish above 64,073.67 USDT
My targets
66,465.78 USDT (+2.56%)
67,711.56 USDT (+4.48%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for BITCOIN - BTC/USDT as long as the price remains well above 64,073.67 USDT. The buyers' bullish objective is set at 66,465.78 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 67,711.56 USDT. If there is any crossing, the next objective would be the resistance located at 68,857.89 USDT.
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
2
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.
This analysis was given by chookich. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN - BTC/USDT price is 64,807.84 USDT. The price registered a decrease of -4.15% on the session with the lowest point at 62,415.69 USDT and the highest point at 68,120.37 USDT. The deviation from the price is +3.83% for the low point and -4.86% for the high point.62,415.69
68,120.37
64,807.84
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
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 neutral overall trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. 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.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is under support 3
Type : Neutral
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 44,055.04 | 50,745.69 | 64,569.80 | 64,807.84 | 65,724.53 | 66,566.65 | 67,514.20 |
| Change (%) | -32.02% | -21.70% | -0.37% | - | +1.41% | +2.71% | +4.18% |
| Change | -20,752.80 | -14,062.15 | -238.04 | - | +916.69 | +1,758.81 | +2,706.36 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Intermediate | Major |
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 | 64,073.67 | 65,319.45 | 66,465.78 | 67,711.56 | 68,857.89 | 70,103.67 | 71,250.00 |
| Camarilla | 66,954.28 | 67,173.56 | 67,392.83 | 67,612.11 | 67,831.39 | 68,050.66 | 68,269.94 |
| Woodie | 64,023.95 | 65,294.59 | 66,416.06 | 67,686.70 | 68,808.17 | 70,078.81 | 71,200.28 |
| Fibonacci | 65,319.45 | 66,233.24 | 66,797.77 | 67,711.56 | 68,625.35 | 69,189.88 | 70,103.67 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.15 | |
| MACD (12,26,9): | 310.0900 | |
| Directional Movement: | 4.79 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 64,788.04 | |
| Parabolic SAR (0,02-0,02-0,2): | 65,631.43 | |
| Elder Ray (13): | 74.34 | |
| Super Trend (3,10): | 63,881.33 | |
| Zig ZAG (10): | 64,644.98 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 57.97 | |
| TEMA (21): | 65,086.56 | |
| Williams %R (14): | -63.01 | |
| Chande Momentum Oscillator (20): | 136.83 | |
| Repulse (5,40,3): | -0.5500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 4.37 |
| MA7: | 68,568.57 | |
| MA20: | 67,120.23 | |
| MA50: | 56,255.75 | |
| MA100: | 49,538.10 | |
| MAexp7: | 64,748.38 | |
| MAexp20: | 64,426.78 | |
| MAexp50: | 64,368.53 | |
| MAexp100: | 64,995.76 | |
| Price / MA7: | -5.48% | |
| Price / MA20: | -3.45% | |
| Price / MA50: | +15.20% | |
| Price / MA100: | +30.82% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | +0.59% | |
| Price / MAexp50: | +0.68% | |
| Price / MAexp100: | -0.29% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis BITCOIN - BTC/USDT - 15 min.