BITCOIN - BTC/USDT - 15 min. - Technical analysis published on 07/22/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 67,465.88 USDT
My targets
69,037.97 USDT (+1.97%)
69,916.79 USDT (+3.26%)
My analysis
A bullish trend on BITCOIN - BTC/USDT both in substance and in the short term. A purchase could be considered as long as the price remains above 67,465.88 USDT. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 69,037.97 USDT. Then the price could move towards 69,916.79 USDT. Then 71,488.88 USDT by extension. Be careful, a return below 67,465.88 USDT would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
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
4.8
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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 67,707.40 USDT. The price registered a decrease of -0.66% on the session and was traded between 66,589.63 USDT and 68,467.02 USDT over the period. The price is currently at +1.68% from its lowest and -1.11% from its highest.66,589.63
68,467.02
67,707.40
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this BITCOIN - BTC/USDT chart shows a bullish trend. The signals given by moving averages are 67.86% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are bullish. There is still some doubt about the price increase.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
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:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 62,899.26 | 65,034.58 | 67,514.20 | 67,707.40 | 73,074.27 |
| Change (%) | -7.10% | -3.95% | -0.29% | - | +7.93% |
| Change | -4,808.14 | -2,672.82 | -193.20 | - | +5,366.87 |
| Level | Intermediate | Major | Major | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 64,136.15 | 65,014.97 | 66,587.06 | 67,465.88 | 69,037.97 | 69,916.79 | 71,488.88 |
| Camarilla | 67,485.14 | 67,709.81 | 67,934.47 | 68,159.14 | 68,383.81 | 68,608.47 | 68,833.14 |
| Woodie | 64,482.78 | 65,188.29 | 66,933.69 | 67,639.20 | 69,384.60 | 70,090.11 | 71,835.51 |
| Fibonacci | 65,014.97 | 65,951.22 | 66,529.64 | 67,465.88 | 68,402.13 | 68,980.55 | 69,916.79 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 53,325.21 | 56,261.97 | 61,700.83 | 64,637.59 | 70,076.45 | 73,013.21 | 78,452.07 |
| Camarilla | 64,836.40 | 65,604.16 | 66,371.93 | 67,139.69 | 67,907.46 | 68,675.22 | 69,442.99 |
| Woodie | 54,576.26 | 56,887.50 | 62,951.88 | 65,263.12 | 71,327.50 | 73,638.74 | 79,703.12 |
| Fibonacci | 56,261.97 | 59,461.46 | 61,438.10 | 64,637.59 | 67,837.08 | 69,813.72 | 73,013.21 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 43,482.25 | 51,016.23 | 56,894.62 | 64,428.60 | 70,306.99 | 77,840.97 | 83,719.36 |
| Camarilla | 59,084.62 | 60,314.09 | 61,543.55 | 62,773.02 | 64,002.49 | 65,231.96 | 66,461.42 |
| Woodie | 42,654.47 | 50,602.33 | 56,066.84 | 64,014.70 | 69,479.21 | 77,427.07 | 82,891.58 |
| Fibonacci | 51,016.23 | 56,139.75 | 59,305.07 | 64,428.60 | 69,552.12 | 72,717.44 | 77,840.97 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 64.64 | |
| MACD (12,26,9): | 224.9300 | |
| Directional Movement: | 18.49 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 67,958.87 | |
| Parabolic SAR (0,02-0,02-0,2): | 68,240.62 | |
| Elder Ray (13): | 229.68 | |
| Super Trend (3,10): | 67,419.19 | |
| Zig ZAG (10): | 67,949.27 | |
| VORTEX (21): | 1.2100 | |
| Stochastique (14,3,5): | 77.29 | |
| TEMA (21): | 68,135.94 | |
| Williams %R (14): | -33.77 | |
| Chande Momentum Oscillator (20): | 366.11 | |
| Repulse (5,40,3): | -0.1900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 2.23 |
| MA7: | 66,135.41 | |
| MA20: | 61,183.26 | |
| MA50: | 63,822.40 | |
| MA100: | 64,390.34 | |
| MAexp7: | 67,940.05 | |
| MAexp20: | 67,715.54 | |
| MAexp50: | 67,533.16 | |
| MAexp100: | 67,471.06 | |
| Price / MA7: | +2.38% | |
| Price / MA20: | +10.66% | |
| Price / MA50: | +6.09% | |
| Price / MA100: | +5.15% | |
| Price / MAexp7: | -0.34% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | +0.26% | |
| Price / MAexp100: | +0.35% |
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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