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BITCOIN - BTC/USDT
BITCOIN - BTC/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: BTCUSDT
ISIN:

BITCOIN - BTC/USDT - 15 min. - Technical analysis published on 05/01/2024 (GMT)

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Londinia
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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: Bearish
Underlying: Strongly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 59,660.95 USDT
My targets
56,018.77 USDT (-1.79%)
52,827.50 USDT (-7.39%)
My analysis
The bearish basic trend is very strong on BITCOIN - BTC/USDT but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 59,660.95 USDT. Crossing the first support at 56,018.77 USDT would be a sign of a further potential price plummet. Sellers would then use the next support located at 52,827.50 USDT as an objective. Crossing it would then enable sellers to target 50,745.69 USDT. Caution, a return to above the resistance located at 59,660.95 USDT would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
6.6

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.

Matei21
This analysis was given by Matei21. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The BITCOIN - BTC/USDT rating is 57,042.56 USDT. The price registered a decrease of -5.99% on the session and was traded between 56,603.11 USDT and 60,842.57 USDT over the period. The price is currently at +0.78% from its lowest and -6.25% from its highest.

56,603.11
60,842.57
57,042.56

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows an item:

Central Records

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 15 min. chart of BITCOIN - BTC/USDT indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 15 minutes


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 15 minutes


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


RSI indicator is back under 50

Type : Bearish

Timeframe : 15 minutes


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 15 minutes


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 15 minutes


Momentum indicator is back over 0

Type : Bullish

Timeframe : 15 minutes



The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 44,055.04 47,337.43 50,745.69 57,042.56 59,210.05 61,277.39 62,796.45
Change (%) -22.77% -17.01% -11.04% - +3.80% +7.42% +10.09%
Change -12,987.52 -9,705.13 -6,296.87 - +2,167.49 +4,234.83 +5,753.89
Level Intermediate Minor Minor - Intermediate 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
Standard52,827.5056,018.7758,347.0261,538.2963,866.5467,057.8169,386.06
Camarilla59,157.3959,663.3560,169.3060,675.2661,181.2261,687.1762,193.13
Woodie52,395.9855,803.0257,915.5061,322.5463,435.0266,842.0668,954.54
Fibonacci56,018.7758,127.2359,429.8461,538.2963,646.7564,949.3667,057.81


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard56,825.6359,660.9561,560.5764,395.8966,295.5169,130.8371,030.45
Camarilla62,158.0762,592.1163,026.1463,460.1863,894.2264,328.2564,762.29
Woodie56,357.7759,427.0361,092.7164,161.9765,827.6568,896.9170,562.59
Fibonacci59,660.9561,469.7062,587.1564,395.8966,204.6467,322.0969,130.83


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard42,106.9650,658.5155,666.8864,218.4369,226.8077,778.3582,786.72
Camarilla56,946.2858,189.2859,432.2760,675.2661,918.2563,161.2564,404.24
Woodie40,335.3849,772.7253,895.3063,332.6467,455.2276,892.5681,015.14
Fibonacci50,658.5155,838.4059,038.5464,218.4369,398.3272,598.4677,778.35

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): 44.01
MACD (12,26,9): 10.8500
Directional Movement: -4.16
AROON (14): 42.86
DEMA (21): 57,628.36
Parabolic SAR (0,02-0,02-0,2): 59,298.70
Elder Ray (13): -530.83
Super Trend (3,10): 58,889.02
Zig ZAG (10): 57,286.82
VORTEX (21): 0.9700
Stochastique (14,3,5): 20.50
TEMA (21): 57,820.04
Williams %R (14): -80.61
Chande Momentum Oscillator (20): 347.80
Repulse (5,40,3): -1.4600
ROCnROLL: 2
TRIX (15,9): 0.0100
Courbe Coppock: 2.55
MA7: 62,309.92
MA20: 63,817.47
MA50: 66,596.93
MA100: 59,518.79
MAexp7: 57,396.72
MAexp20: 57,625.60
MAexp50: 57,890.18
MAexp100: 58,681.80
Price / MA7: -8.45%
Price / MA20: -10.62%
Price / MA50: -14.35%
Price / MA100: -4.16%
Price / MAexp7: -0.62%
Price / MAexp20: -1.01%
Price / MAexp50: -1.46%
Price / MAexp100: -2.79%

Quotes : - 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 AI

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