BITCOIN - BTC/USD - 1H - Technical analysis published on 10/26/2024 (GMT)
- 160
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
56%
6%
39%
My opinion
Neutral between 66,563.51 USD and 67,554.70 USD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 66,563.51 USD. The first resistance is located at 67,554.70 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by sakshiv. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN - BTC/USD rating is 67,109.30 USD. The price registered an increase of +0.79% on the session with the lowest point at 66,353.00 USD and the highest point at 67,182.91 USD. The deviation from the price is +1.14% for the low point and -0.11% for the high point.66,353.00
67,182.91
67,109.30
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this BITCOIN - BTC/USD chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
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 | 65,173.77 | 65,886.74 | 66,563.51 | 67,109.30 | 67,227.70 | 67,554.70 | 68,013.18 |
Change (%) | -2.88% | -1.82% | -0.81% | - | +0.18% | +0.66% | +1.35% |
Change | -1,935.53 | -1,222.56 | -545.79 | - | +118.40 | +445.40 | +903.88 |
Level | Intermediate | Intermediate | Intermediate | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 61,948.52 | 63,737.63 | 65,161.67 | 66,950.78 | 68,374.82 | 70,163.93 | 71,587.97 |
Camarilla | 65,702.10 | 65,996.64 | 66,291.18 | 66,585.72 | 66,880.26 | 67,174.80 | 67,469.34 |
Woodie | 61,766.00 | 63,646.36 | 64,979.15 | 66,859.51 | 68,192.30 | 70,072.66 | 71,405.45 |
Fibonacci | 63,737.63 | 64,965.05 | 65,723.35 | 66,950.78 | 68,178.20 | 68,936.50 | 70,163.93 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 56,966.80 | 59,501.65 | 63,932.85 | 66,467.70 | 70,898.90 | 73,433.75 | 77,864.95 |
Camarilla | 66,448.39 | 67,086.94 | 67,725.50 | 68,364.05 | 69,002.61 | 69,641.16 | 70,279.71 |
Woodie | 57,914.98 | 59,975.74 | 64,881.03 | 66,941.79 | 71,847.08 | 73,907.84 | 78,813.13 |
Fibonacci | 59,501.65 | 62,162.68 | 63,806.67 | 66,467.70 | 69,128.73 | 70,772.72 | 73,433.75 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 42,934.35 | 48,285.93 | 55,801.70 | 61,153.28 | 68,669.05 | 74,020.63 | 81,536.40 |
Camarilla | 59,778.94 | 60,958.45 | 62,137.95 | 63,317.46 | 64,496.97 | 65,676.47 | 66,855.98 |
Woodie | 44,016.44 | 48,826.98 | 56,883.79 | 61,694.33 | 69,751.14 | 74,561.68 | 82,618.49 |
Fibonacci | 48,285.93 | 53,201.26 | 56,237.96 | 61,153.28 | 66,068.61 | 69,105.31 | 74,020.63 |
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): | 51.28 | |
MACD (12,26,9): | -56.0200 | |
Directional Movement: | -7.23 | |
AROON (14): | -35.71 | |
DEMA (21): | 66,882.31 | |
Parabolic SAR (0,02-0,02-0,2): | 66,453.61 | |
Elder Ray (13): | 107.44 | |
Super Trend (3,10): | 67,710.99 | |
Zig ZAG (10): | 67,072.38 | |
VORTEX (21): | 1.3300 | |
Stochastique (14,3,5): | 73.23 | |
TEMA (21): | 66,934.85 | |
Williams %R (14): | -20.96 | |
Chande Momentum Oscillator (20): | 7.45 | |
Repulse (5,40,3): | 0.1900 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0200 | |
Courbe Coppock: | 0.18 |
MA7: | 67,461.92 | |
MA20: | 65,547.71 | |
MA50: | 62,980.79 | |
MA100: | 62,169.35 | |
MAexp7: | 66,992.02 | |
MAexp20: | 66,989.23 | |
MAexp50: | 67,131.69 | |
MAexp100: | 67,255.76 | |
Price / MA7: | -0.52% | |
Price / MA20: | +2.38% | |
Price / MA50: | +6.56% | |
Price / MA100: | +7.95% | |
Price / MAexp7: | +0.18% | |
Price / MAexp20: | +0.18% | |
Price / MAexp50: | -0.03% | |
Price / MAexp100: | -0.22% |
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.
About author
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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