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BITCOIN - BTC/USD
BITCOIN - BTC/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: BTCUSD
ISIN:

BITCOIN - BTC/USD - 15 min. - Technical analysis published on 07/28/2024 (GMT)

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Londinia
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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: Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 68,000.16 USD
My targets
66,587.82 USD (-1.20%)
65,275.00 USD (-3.14%)
My analysis
BITCOIN - BTC/USD 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 68,000.16 USD. The next support located at 66,587.82 USD 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 65,275.00 USD. Below this support, sellers could then target 63,862.66 USD. 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.

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This analysis was given by world script ltda. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

BITCOIN - BTC/USD rating 67,393.79 USD. The price registered a decrease of -0.75% on the session with the lowest point at 67,071.49 USD and the highest point at 68,279.20 USD. The deviation from the price is +0.48% for the low point and -1.30% for the high point.

67,071.49
68,279.20
67,393.79

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning


Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

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 strongly bearish. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 15 minutes


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 15 minutes



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 64,460.22 65,472.88 66,924.09 67,393.79 67,554.70 68,000.05 68,493.24
Change (%) -4.35% -2.85% -0.70% - +0.24% +0.90% +1.63%
Change -2,933.57 -1,920.91 -469.70 - +160.91 +606.26 +1,099.45
Level Minor Intermediate Intermediate - Major 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
Standard63,862.6665,275.0066,587.8268,000.1669,312.9870,725.3272,038.14
Camarilla67,151.2167,401.0267,650.8267,900.6368,150.4468,400.2468,650.05
Woodie63,812.8965,250.1266,538.0567,975.2869,263.2170,700.4471,988.37
Fibonacci65,275.0066,316.0166,959.1568,000.1669,041.1769,684.3170,725.32


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard58,453.7460,947.8764,424.2566,918.3870,394.7672,888.8976,365.27
Camarilla66,258.7466,806.0467,353.3367,900.6368,447.9368,995.2269,542.52
Woodie58,944.8761,193.4364,915.3867,163.9470,885.8973,134.4576,856.40
Fibonacci60,947.8763,228.6164,637.6566,918.3869,199.1270,608.1672,888.89


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard45,746.5052,126.8757,406.4463,786.8169,066.3875,446.7580,726.32
Camarilla59,479.5460,548.3661,617.1962,686.0263,754.8564,823.6865,892.50
Woodie45,196.1151,851.6756,856.0563,511.6168,515.9975,171.5580,175.93
Fibonacci52,126.8756,580.9659,332.7163,786.8168,240.9070,992.6575,446.75

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): 32.05
MACD (12,26,9): -177.4500
Directional Movement: -27.02
AROON (14): -92.86
DEMA (21): 67,708.40
Parabolic SAR (0,02-0,02-0,2): 68,502.26
Elder Ray (13): -436.41
Super Trend (3,10): 67,928.28
Zig ZAG (10): 67,332.70
VORTEX (21): 0.8600
Stochastique (14,3,5): 2.10
TEMA (21): 67,571.98
Williams %R (14): -98.71
Chande Momentum Oscillator (20): -773.06
Repulse (5,40,3): -0.9900
ROCnROLL: 2
TRIX (15,9): -0.0200
Courbe Coppock: 1.02
MA7: 66,816.49
MA20: 63,945.33
MA50: 63,403.71
MA100: 64,555.47
MAexp7: 67,635.70
MAexp20: 67,920.07
MAexp50: 68,121.97
MAexp100: 68,092.11
Price / MA7: +0.86%
Price / MA20: +5.39%
Price / MA50: +6.29%
Price / MA100: +4.40%
Price / MAexp7: -0.36%
Price / MAexp20: -0.77%
Price / MAexp50: -1.07%
Price / MAexp100: -1.03%

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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Londinia
Londinia AI

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