BITCOIN - BTC/USD - 15 min. - Technical analysis published on 09/17/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 60,025.34 USD
My targets
61,849.84 USD (+1.57%)
64,191.36 USD (+5.41%)
My analysis
BITCOIN - BTC/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 60,025.34 USD. The next resistance located at 61,849.84 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 64,191.36 USD. After this resistance, buyers could then target 67,554.70 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.9
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Additional analysis
Quotes
The BITCOIN - BTC/USD rating is 60,896.71 USD. On the day, this instrument gained +4.61% and was between 57,622.29 USD and 61,340.15 USD. This implies that the price is at +5.68% from its lowest and at -0.72% from its highest.57,622.29
61,340.15
60,896.71
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
Here is a more detailed summary of the historical variations registered by BITCOIN - BTC/USD:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of BITCOIN - BTC/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish 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 technical indicators are bullish. There is still some doubt about the price increase.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
MACD crosses DOWN its Moving Average
Type : Bearish
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 58,274.94 | 59,499.39 | 60,663.04 | 60,896.71 | 61,849.84 | 64,191.36 | 67,554.70 |
| Change (%) | -4.31% | -2.29% | -0.38% | - | +1.57% | +5.41% | +10.93% |
| Change | -2,621.77 | -1,397.32 | -233.67 | - | +953.13 | +3,294.65 | +6,657.99 |
| Level | Major | Minor | Intermediate | - | 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 | 55,688.18 | 56,593.62 | 57,404.04 | 58,309.48 | 59,119.90 | 60,025.34 | 60,835.76 |
| Camarilla | 57,742.59 | 57,899.88 | 58,057.16 | 58,214.45 | 58,371.74 | 58,529.02 | 58,686.31 |
| Woodie | 55,640.66 | 56,569.87 | 57,356.52 | 58,285.73 | 59,072.38 | 60,001.59 | 60,788.24 |
| Fibonacci | 56,593.62 | 57,249.08 | 57,654.03 | 58,309.48 | 58,964.94 | 59,369.89 | 60,025.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48,518.17 | 51,077.85 | 55,543.69 | 58,103.37 | 62,569.21 | 65,128.89 | 69,594.73 |
| Camarilla | 58,077.52 | 58,721.53 | 59,365.53 | 60,009.54 | 60,653.55 | 61,297.55 | 61,941.56 |
| Woodie | 49,471.26 | 51,554.39 | 56,496.78 | 58,579.91 | 63,522.30 | 65,605.43 | 70,547.82 |
| Fibonacci | 51,077.85 | 53,761.60 | 55,419.62 | 58,103.37 | 60,787.12 | 62,445.14 | 65,128.89 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 33,972.55 | 41,613.30 | 50,297.02 | 57,937.77 | 66,621.49 | 74,262.24 | 82,945.96 |
| Camarilla | 54,491.52 | 55,987.93 | 57,484.34 | 58,980.75 | 60,477.16 | 61,973.57 | 63,469.98 |
| Woodie | 34,494.05 | 41,874.04 | 50,818.52 | 58,198.51 | 67,142.99 | 74,522.98 | 83,467.46 |
| Fibonacci | 41,613.30 | 47,849.24 | 51,701.82 | 57,937.77 | 64,173.71 | 68,026.29 | 74,262.24 |
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): | 67.50 | |
| MACD (12,26,9): | 538.7100 | |
| Directional Movement: | 20.23 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 61,034.40 | |
| Parabolic SAR (0,02-0,02-0,2): | 60,132.75 | |
| Elder Ray (13): | 230.40 | |
| Super Trend (3,10): | 60,200.56 | |
| Zig ZAG (10): | 60,791.00 | |
| VORTEX (21): | 1.2400 | |
| Stochastique (14,3,5): | 82.75 | |
| TEMA (21): | 61,237.51 | |
| Williams %R (14): | -20.61 | |
| Chande Momentum Oscillator (20): | 1,062.61 | |
| Repulse (5,40,3): | -0.3700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 5.51 |
| MA7: | 59,181.54 | |
| MA20: | 57,882.45 | |
| MA50: | 59,368.08 | |
| MA100: | 61,366.21 | |
| MAexp7: | 60,874.41 | |
| MAexp20: | 60,357.23 | |
| MAexp50: | 59,581.85 | |
| MAexp100: | 59,116.20 | |
| Price / MA7: | +2.90% | |
| Price / MA20: | +5.21% | |
| Price / MA50: | +2.57% | |
| Price / MA100: | -0.77% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.89% | |
| Price / MAexp50: | +2.20% | |
| Price / MAexp100: | +3.01% |
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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