BITCOIN - BTC/USD - 15 min. - Technical analysis published on 09/18/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 59,760.83 USD
My targets
58,181.51 USD (-2.38%)
56,042.97 USD (-5.96%)
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 59,760.83 USD. The sellers' bearish objective is set at 58,181.51 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 56,042.97 USD. In case of crossing, the next objective would be the support located at 54,463.65 USD.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
5.7
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This analysis was given by euletthomas. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BITCOIN - BTC/USD rating 59,597.46 USD. The price is lower by -1.20% since the last closing and was traded between 59,392.50 USD and 60,763.00 USD over the period. The price is currently at +0.35% from its lowest and -1.92% from its highest.59,392.50
60,763.00
59,597.46
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 15 min. of this BITCOIN - BTC/USD chart shows a bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
Caution: the Central Indicators scanner currently detects an excess:
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 Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 56,529.24 | 58,274.94 | 59,499.39 | 59,597.46 | 60,663.04 | 61,340.15 | 64,191.36 |
| Change (%) | -5.15% | -2.22% | -0.16% | - | +1.79% | +2.92% | +7.71% |
| Change | -3,068.22 | -1,322.52 | -98.07 | - | +1,065.58 | +1,742.69 | +4,593.90 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 54,463.65 | 56,042.97 | 58,181.51 | 59,760.83 | 61,899.37 | 63,478.69 | 65,617.23 |
| Camarilla | 59,297.64 | 59,638.44 | 59,979.25 | 60,320.05 | 60,660.85 | 61,001.66 | 61,342.46 |
| Woodie | 54,743.26 | 56,182.78 | 58,461.12 | 59,900.64 | 62,178.98 | 63,618.50 | 65,896.84 |
| Fibonacci | 56,042.97 | 57,463.19 | 58,340.61 | 59,760.83 | 61,181.05 | 62,058.47 | 63,478.69 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 31.05 | |
| MACD (12,26,9): | -140.1900 | |
| Directional Movement: | -25.46 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 59,989.67 | |
| Parabolic SAR (0,02-0,02-0,2): | 60,057.21 | |
| Elder Ray (13): | -328.96 | |
| Super Trend (3,10): | 60,178.29 | |
| Zig ZAG (10): | 59,732.98 | |
| VORTEX (21): | 0.7500 | |
| Stochastique (14,3,5): | 7.98 | |
| TEMA (21): | 59,860.64 | |
| Williams %R (14): | -90.79 | |
| Chande Momentum Oscillator (20): | -739.41 | |
| Repulse (5,40,3): | -0.5900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 1.41 |
| MA7: | 59,409.89 | |
| MA20: | 57,867.83 | |
| MA50: | 59,226.54 | |
| MA100: | 61,262.33 | |
| MAexp7: | 59,770.46 | |
| MAexp20: | 60,137.49 | |
| MAexp50: | 60,205.23 | |
| MAexp100: | 59,987.89 | |
| Price / MA7: | +0.32% | |
| Price / MA20: | +2.99% | |
| Price / MA50: | +0.63% | |
| Price / MA100: | -2.72% | |
| Price / MAexp7: | -0.29% | |
| Price / MAexp20: | -0.90% | |
| Price / MAexp50: | -1.01% | |
| Price / MAexp100: | -0.65% |
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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