BITCOIN - BTC/USDT - 15 min. - Technical analysis published on 07/22/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 67,465.88 USDT
My targets
69,037.97 USDT (+2.06%)
69,916.79 USDT (+3.36%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on BITCOIN - BTC/USDT. As long as you are above the support located at 67,465.88 USDT, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 69,037.97 USDT would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 69,916.79 USDT as an objective. Crossing it would then enable buyers to target 71,488.88 USDT. If the support 67,465.88 USDT were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
4.1
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Additional analysis
Quotes
The BITCOIN - BTC/USDT price is 67,645.99 USDT. The price is lower by -0.75% since the last closing and was traded between 66,589.63 USDT and 68,467.02 USDT over the period. The price is currently at +1.59% from its lowest and -1.20% from its highest.66,589.63
68,467.02
67,645.99
Here is a more detailed summary of the historical variations registered by BITCOIN - BTC/USDT:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of BITCOIN - BTC/USDT in 15 min. shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 15 minutes
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 62,899.26 | 65,034.58 | 67,514.20 | 67,645.99 | 73,074.27 |
| Change (%) | -7.02% | -3.86% | -0.19% | - | +8.02% |
| Change | -4,746.73 | -2,611.41 | -131.79 | - | +5,428.28 |
| Level | Intermediate | Major | Major | - | 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 | 64,136.15 | 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 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): | 53.47 | |
| MACD (12,26,9): | 166.0800 | |
| Directional Movement: | 11.29 | |
| AROON (14): | 42.85 | |
| DEMA (21): | 67,915.85 | |
| Parabolic SAR (0,02-0,02-0,2): | 68,158.92 | |
| Elder Ray (13): | 1.00 | |
| Super Trend (3,10): | 67,419.19 | |
| Zig ZAG (10): | 67,741.03 | |
| VORTEX (21): | 1.1900 | |
| Stochastique (14,3,5): | 49.82 | |
| TEMA (21): | 68,028.91 | |
| Williams %R (14): | -55.74 | |
| Chande Momentum Oscillator (20): | 327.38 | |
| Repulse (5,40,3): | -0.2500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 1.72 |
| MA7: | 66,118.27 | |
| MA20: | 61,163.80 | |
| MA50: | 63,814.62 | |
| MA100: | 64,386.58 | |
| MAexp7: | 67,854.89 | |
| MAexp20: | 67,701.23 | |
| MAexp50: | 67,541.72 | |
| MAexp100: | 67,478.45 | |
| Price / MA7: | +2.31% | |
| Price / MA20: | +10.60% | |
| Price / MA50: | +6.00% | |
| Price / MA100: | +5.06% | |
| Price / MAexp7: | -0.31% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | +0.16% | |
| Price / MAexp100: | +0.25% |
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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