BITCOIN - BTC/USD - 15 min. - Technical analysis published on 07/28/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 68,000.16 USD
My targets
66,587.82 USD (-1.89%)
65,275.00 USD (-3.82%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BITCOIN - BTC/USD as long as the price remains well below 68,000.16 USD. The sellers' bearish objective is set at 66,587.82 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 65,275.00 USD. In case of crossing, the next objective would be the support located at 63,862.66 USD.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5
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Additional analysis
Quotes
BITCOIN - BTC/USD rating 67,871.03 USD. The price is lower by -0.04% since the last closing and was between 67,311.48 USD and 68,279.20 USD. This implies that the price is at +0.83% from its lowest and at -0.60% from its highest.67,311.48
68,279.20
67,871.03
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of BITCOIN - BTC/USD indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 65,472.88 | 66,924.09 | 67,554.70 | 67,871.03 | 68,000.05 | 68,493.24 | 73,117.83 |
| Change (%) | -3.53% | -1.40% | -0.47% | - | +0.19% | +0.92% | +7.73% |
| Change | -2,398.15 | -946.94 | -316.33 | - | +129.02 | +622.21 | +5,246.80 |
| Level | Intermediate | Intermediate | Major | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 63,862.66 | 65,275.00 | 66,587.82 | 68,000.16 | 69,312.98 | 70,725.32 | 72,038.14 |
| Camarilla | 67,151.21 | 67,401.02 | 67,650.82 | 67,900.63 | 68,150.44 | 68,400.24 | 68,650.05 |
| Woodie | 63,812.89 | 65,250.12 | 66,538.05 | 67,975.28 | 69,263.21 | 70,700.44 | 71,988.37 |
| Fibonacci | 65,275.00 | 66,316.01 | 66,959.15 | 68,000.16 | 69,041.17 | 69,684.31 | 70,725.32 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 58,453.74 | 60,947.87 | 64,424.25 | 66,918.38 | 70,394.76 | 72,888.89 | 76,365.27 |
| Camarilla | 66,258.74 | 66,806.04 | 67,353.33 | 67,900.63 | 68,447.93 | 68,995.22 | 69,542.52 |
| Woodie | 58,944.87 | 61,193.43 | 64,915.38 | 67,163.94 | 70,885.89 | 73,134.45 | 76,856.40 |
| Fibonacci | 60,947.87 | 63,228.61 | 64,637.65 | 66,918.38 | 69,199.12 | 70,608.16 | 72,888.89 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 45,746.50 | 52,126.87 | 57,406.44 | 63,786.81 | 69,066.38 | 75,446.75 | 80,726.32 |
| Camarilla | 59,479.54 | 60,548.36 | 61,617.19 | 62,686.02 | 63,754.85 | 64,823.68 | 65,892.50 |
| Woodie | 45,196.11 | 51,851.67 | 56,856.05 | 63,511.61 | 68,515.99 | 75,171.55 | 80,175.93 |
| Fibonacci | 52,126.87 | 56,580.96 | 59,332.71 | 63,786.81 | 68,240.90 | 70,992.65 | 75,446.75 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 43.62 | |
| MACD (12,26,9): | -81.0800 | |
| Directional Movement: | -12.29 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 67,984.59 | |
| Parabolic SAR (0,02-0,02-0,2): | 68,602.49 | |
| Elder Ray (13): | -101.68 | |
| Super Trend (3,10): | 67,489.90 | |
| Zig ZAG (10): | 67,964.93 | |
| VORTEX (21): | 0.8300 | |
| Stochastique (14,3,5): | 41.98 | |
| TEMA (21): | 67,983.08 | |
| Williams %R (14): | -65.34 | |
| Chande Momentum Oscillator (20): | -115.99 | |
| Repulse (5,40,3): | -0.1100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 0.05 |
| MA7: | 66,924.44 | |
| MA20: | 63,973.70 | |
| MA50: | 63,415.08 | |
| MA100: | 64,561.03 | |
| MAexp7: | 68,023.93 | |
| MAexp20: | 68,095.33 | |
| MAexp50: | 68,216.63 | |
| MAexp100: | 68,134.15 | |
| Price / MA7: | +1.41% | |
| Price / MA20: | +6.09% | |
| Price / MA50: | +7.03% | |
| Price / MA100: | +5.13% | |
| Price / MAexp7: | -0.22% | |
| Price / MAexp20: | -0.33% | |
| Price / MAexp50: | -0.51% | |
| Price / MAexp100: | -0.39% |
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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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