BITCOIN - BTC/USDT
0.0294
USDT
(+2.08%)
03/28/2025 - 16:34
Closed Real time data - CoinMarketCap
| Open: | 0.0292 |
| Change: | +0.0006 |
| Volume: | 1,176,573 |
| Low: | 0.0292 |
| High: | 0.0300 |
| High / Low range: | 0.0008 |
| Type: | Cryptocurrencies |
| Ticker: | BTCUSDT |
| ISIN: |
BITCOIN - BTC/USDT - 15 min. - Technical analysis published on 08/09/2024 (GMT)
- 243
- 0
- 08/09/2024 - 13:31
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- Timeframe : 15 min.
- - Analysis generated on 08/09/2024 - 13:31
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
44%
28%
28%
My opinion
Bearish under 63,532.02 USDT
My targets
59,696.84 USDT (-0.95%)
56,726.81 USDT (-5.88%)
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 63,532.02 USDT. The next bearish objective for sellers is set at 59,696.84 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 56,726.81 USDT. In case of crossing, the next objective would be the support located at 51,767.61 USDT.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
1.6
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.
This analysis was given by MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BITCOIN - BTC/USDT rating 60,269.72 USDT. On the day, this instrument lost -2.30% and was between 60,180.84 USDT and 61,738.49 USDT. This implies that the price is at +0.15% from its lowest and at -2.38% from its highest.60,180.84
61,738.49
60,269.72
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of BITCOIN - BTC/USDT in 15 min. shows an overall slightly bearish trend. 53.57% 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 does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 54,521.48 | 55,861.78 | 58,353.77 | 60,269.72 | 61,937.73 | 63,599.91 | 65,608.15 |
| Change (%) | -9.54% | -7.31% | -3.18% | - | +2.77% | +5.53% | +8.86% |
| Change | -5,748.24 | -4,407.94 | -1,915.95 | - | +1,668.01 | +3,330.19 | +5,338.43 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 48,797.58 | 51,767.61 | 56,726.81 | 59,696.84 | 64,656.04 | 67,626.07 | 72,585.27 |
| Camarilla | 59,505.47 | 60,232.32 | 60,959.16 | 61,686.01 | 62,412.86 | 63,139.70 | 63,866.55 |
| Woodie | 49,792.17 | 52,264.90 | 57,721.40 | 60,194.13 | 65,650.63 | 68,123.36 | 73,579.86 |
| Fibonacci | 51,767.61 | 54,796.58 | 56,667.87 | 59,696.84 | 62,725.81 | 64,597.10 | 67,626.07 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 46,870.42 | 53,366.90 | 57,035.54 | 63,532.02 | 67,200.66 | 73,697.14 | 77,365.78 |
| Camarilla | 57,908.77 | 58,840.58 | 59,772.38 | 60,704.18 | 61,635.98 | 62,567.79 | 63,499.59 |
| Woodie | 45,456.50 | 52,659.94 | 55,621.62 | 62,825.06 | 65,786.74 | 72,990.18 | 75,951.86 |
| Fibonacci | 53,366.90 | 57,249.98 | 59,648.94 | 63,532.02 | 67,415.10 | 69,814.06 | 73,697.14 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 39,554.59 | 46,729.04 | 55,679.60 | 62,854.05 | 71,804.61 | 78,979.06 | 87,929.62 |
| Camarilla | 60,195.78 | 61,673.91 | 63,152.03 | 64,630.16 | 66,108.29 | 67,586.41 | 69,064.54 |
| Woodie | 40,442.65 | 47,173.07 | 56,567.66 | 63,298.08 | 72,692.67 | 79,423.09 | 88,817.68 |
| Fibonacci | 46,729.04 | 52,888.79 | 56,694.30 | 62,854.05 | 69,013.80 | 72,819.31 | 78,979.06 |
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): | 43.82 | |
| MACD (12,26,9): | -111.7200 | |
| Directional Movement: | -14.38 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 60,527.85 | |
| Parabolic SAR (0,02-0,02-0,2): | 60,829.35 | |
| Elder Ray (13): | -63.49 | |
| Super Trend (3,10): | 61,197.25 | |
| Zig ZAG (10): | 60,630.98 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 50.97 | |
| TEMA (21): | 60,473.75 | |
| Williams %R (14): | -23.30 | |
| Chande Momentum Oscillator (20): | -34.01 | |
| Repulse (5,40,3): | 0.5100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 1.04 |
| MA7: | 57,988.67 | |
| MA20: | 63,367.62 | |
| MA50: | 62,004.54 | |
| MA100: | 64,235.11 | |
| MAexp7: | 60,547.30 | |
| MAexp20: | 60,664.49 | |
| MAexp50: | 60,668.14 | |
| MAexp100: | 60,100.98 | |
| Price / MA7: | +3.93% | |
| Price / MA20: | -4.89% | |
| Price / MA50: | -2.80% | |
| Price / MA100: | -6.17% | |
| Price / MAexp7: | -0.46% | |
| Price / MAexp20: | -0.65% | |
| Price / MAexp50: | -0.66% | |
| Price / MAexp100: | +0.28% |
Quotes :
08/09/2024 - 13:31
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Real time data
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Cryptocompare
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