BITCOIN - BTC/USDT
BITCOIN - BTC/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: BTCUSDT
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BITCOIN - BTC/USDT - 15 min. - Technical analysis published on 09/26/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 63,640.15 USDT
My targets
62,461.66 USDT (-0.99%)
61,769.33 USDT (-2.09%)
My analysis
BITCOIN - BTC/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 63,640.15 USDT. The next support located at 62,461.66 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 61,769.33 USDT. Below this support, sellers could then target 60,590.84 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.3

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 Mayvenate. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The BITCOIN - BTC/USDT price is 63,084.70 USDT. The price registered a decrease of -0.11% on the session with the lowest point at 63,080.88 USDT and the highest point at 63,284.34 USDT. The deviation from the price is +0.01% for the low point and -0.32% for the high point.

63,080.88
63,284.34
63,084.70

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.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 15 min. of this BITCOIN - BTC/USDT chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being 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.
The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 15 minutes



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : 15 minutes



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 59,189.68 61,320.21 61,937.73 63,084.70 64,154.35 64,738.06 68,245.09
Change (%) -6.17% -2.80% -1.82% - +1.70% +2.62% +8.18%
Change -3,895.02 -1,764.49 -1,146.97 - +1,069.65 +1,653.36 +5,160.39
Level Minor Minor Intermediate - Major Intermediate Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard60,590.8461,769.3362,461.6663,640.1564,332.4865,510.9766,203.30
Camarilla62,639.5262,811.0162,982.5063,153.9963,325.4863,496.9763,668.47
Woodie60,347.7661,647.7962,218.5863,518.6164,089.4065,389.4365,960.22
Fibonacci61,769.3362,483.9862,925.5063,640.1564,354.8064,796.3265,510.97


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard52,571.4755,039.1659,194.0561,661.7465,816.6368,284.3272,439.21
Camarilla61,527.7462,134.8162,741.8863,348.9563,956.0264,563.0965,170.16
Woodie53,415.0855,460.9660,037.6662,083.5466,660.2468,706.1273,282.82
Fibonacci55,039.1657,568.9859,131.9161,661.7464,191.5665,754.4968,284.32


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard43,898.8349,318.2354,145.1559,564.5564,391.4769,810.8774,637.79
Camarilla56,154.3257,093.5758,032.8158,972.0659,911.3160,850.5561,789.80
Woodie43,602.5849,170.1153,848.9059,416.4364,095.2269,662.7574,341.54
Fibonacci49,318.2353,232.3355,650.4659,564.5563,478.6565,896.7869,810.87

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): 41.80
MACD (12,26,9): -89.8500
Directional Movement: -16.71
AROON (14): -50.00
DEMA (21): 63,144.33
Parabolic SAR (0,02-0,02-0,2): 63,361.34
Elder Ray (13): -83.74
Super Trend (3,10): 63,524.69
Zig ZAG (10): 63,196.95
VORTEX (21): 0.9200
Stochastique (14,3,5): 37.20
TEMA (21): 63,153.15
Williams %R (14): -50.35
Chande Momentum Oscillator (20): -213.74
Repulse (5,40,3): 0.3300
ROCnROLL: -1
TRIX (15,9): -0.0200
Courbe Coppock: 0.71
MA7: 63,449.62
MA20: 60,307.56
MA50: 59,888.75
MA100: 61,025.22
MAexp7: 63,187.90
MAexp20: 63,255.71
MAexp50: 63,417.57
MAexp100: 63,560.95
Price / MA7: -0.58%
Price / MA20: +4.60%
Price / MA50: +5.34%
Price / MA100: +3.37%
Price / MAexp7: -0.16%
Price / MAexp20: -0.27%
Price / MAexp50: -0.52%
Price / MAexp100: -0.75%

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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