BITCOIN - BTC/USDT - 1H - Technical analysis published on 01/13/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 93,721.53 USDT
My targets
91,265.73 USDT (-1.25%)
84,792.58 USDT (-8.25%)
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 93,721.53 USDT. The next support located at 91,265.73 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 84,792.58 USDT. Below this support, sellers could then target 73,074.27 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 are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.4
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This analysis was given by Trillion. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN - BTC/USDT rating is 92,421.88 USDT. The price is lower by -2.19% since the last closing and was between 89,362.00 USDT and 95,858.76 USDT. This implies that the price is at +3.42% from its lowest and at -3.59% from its highest.89,362.00
95,858.76
92,421.88
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this BITCOIN - BTC/USDT chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by 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.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
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:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 68,167.59 | 73,074.27 | 91,265.73 | 92,421.88 | 92,822.16 | 93,721.53 | 94,589.49 |
| Change (%) | -26.24% | -20.93% | -1.25% | - | +0.43% | +1.41% | +2.35% |
| Change | -24,254.29 | -19,347.61 | -1,156.15 | - | +400.28 | +1,299.65 | +2,167.61 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 92,150.91 | 92,964.50 | 93,725.94 | 94,539.53 | 95,300.97 | 96,114.56 | 96,876.00 |
| Camarilla | 94,054.25 | 94,198.63 | 94,343.00 | 94,487.38 | 94,631.76 | 94,776.14 | 94,920.51 |
| Woodie | 92,124.84 | 92,951.46 | 93,699.87 | 94,526.49 | 95,274.90 | 96,101.52 | 96,849.93 |
| Fibonacci | 92,964.50 | 93,566.16 | 93,937.87 | 94,539.53 | 95,141.19 | 95,512.90 | 96,114.56 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 78,319.43 | 84,792.58 | 89,682.35 | 96,155.50 | 101,045.27 | 107,518.42 | 112,408.19 |
| Camarilla | 91,447.32 | 92,488.92 | 93,530.52 | 94,572.12 | 95,613.72 | 96,655.32 | 97,696.92 |
| Woodie | 77,527.74 | 84,396.74 | 88,890.66 | 95,759.66 | 100,253.58 | 107,122.58 | 111,616.50 |
| Fibonacci | 84,792.58 | 89,133.22 | 91,814.87 | 96,155.50 | 100,496.14 | 103,177.79 | 107,518.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 70,721.27 | 81,150.45 | 87,396.50 | 97,825.68 | 104,071.73 | 114,500.91 | 120,746.96 |
| Camarilla | 89,056.86 | 90,585.43 | 92,113.99 | 93,642.55 | 95,171.11 | 96,699.68 | 98,228.24 |
| Woodie | 68,629.71 | 80,104.67 | 85,304.94 | 96,779.90 | 101,980.17 | 113,455.13 | 118,655.40 |
| Fibonacci | 81,150.45 | 87,520.39 | 91,455.74 | 97,825.68 | 104,195.62 | 108,130.97 | 114,500.91 |
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): | 42.00 | |
| MACD (12,26,9): | -763.2400 | |
| Directional Movement: | -24.60 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 92,035.87 | |
| Parabolic SAR (0,02-0,02-0,2): | 93,124.67 | |
| Elder Ray (13): | -424.93 | |
| Super Trend (3,10): | 92,905.42 | |
| Zig ZAG (10): | 92,171.57 | |
| VORTEX (21): | 0.8100 | |
| Stochastique (14,3,5): | 38.29 | |
| TEMA (21): | 91,517.00 | |
| Williams %R (14): | -43.28 | |
| Chande Momentum Oscillator (20): | -1,675.16 | |
| Repulse (5,40,3): | 2.1300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0900 | |
| Courbe Coppock: | 5.56 |
| MA7: | 94,377.65 | |
| MA20: | 95,710.54 | |
| MA50: | 97,316.20 | |
| MA100: | 86,188.84 | |
| MAexp7: | 92,037.97 | |
| MAexp20: | 92,902.42 | |
| MAexp50: | 93,696.87 | |
| MAexp100: | 94,281.33 | |
| Price / MA7: | -2.07% | |
| Price / MA20: | -3.44% | |
| Price / MA50: | -5.03% | |
| Price / MA100: | +7.23% | |
| Price / MAexp7: | +0.42% | |
| Price / MAexp20: | -0.52% | |
| Price / MAexp50: | -1.36% | |
| Price / MAexp100: | -1.97% |
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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