BITCOIN - BTC/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
Volume:	-

Low:	-
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Type:	Cryptocurrencies
Ticker:	BTCUSD
ISIN:

BITCOIN - BTC/USD - 15 min. - Technical analysis published on 12/14/2024 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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Timeframe : 15 min.
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

44%

50%

My opinion

Bearish under 102,482.86 USD

My targets

99,806.91 USD (-1.04%)

98,184.59 USD (-2.65%)

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 102,482.86 USD. The next bearish objective for sellers is set at 99,806.91 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 98,184.59 USD. If there is any crossing, the next objective would be the support located at 97,130.96 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

3.8

Comment on the analysis

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.

This analysis was given by Trillion. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

BITCOIN - BTC/USD rating 100,856.55 USD. The price is lower by -0.57% since the last closing and was traded between 100,607.62 USD and 102,648.97 USD over the period. The price is currently at +0.25% from its lowest and -1.75% from its highest.

100,607.62

102,648.97

100,856.55

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of BITCOIN - BTC/USD in 15 min. shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly 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 increase is slight given the direction of the technical indicators.
The Central Indicators scanner found no further results concerning independent technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

Timeframe : 15 minutes

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

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	94,344.28	99,008.00	100,506.41	100,856.55	101,939.21
Change (%)	-6.46%	-1.83%	-0.35%	-	+1.07%
Change	-6,512.27	-1,848.55	-350.14	-	+1,082.66
Level	Minor	Intermediate	Intermediate	-	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	97,130.96	98,184.59	99,806.91	100,860.54	102,482.86	103,536.49	105,158.81
Camarilla	100,693.35	100,938.65	101,183.95	101,429.24	101,674.54	101,919.83	102,165.13
Woodie	97,415.32	98,326.76	100,091.27	101,002.71	102,767.22	103,678.66	105,443.17
Fibonacci	98,184.59	99,206.80	99,838.32	100,860.54	101,882.75	102,514.27	103,536.49

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	81,670.95	86,950.71	93,435.59	98,715.35	105,200.23	110,479.99	116,964.87
Camarilla	96,685.19	97,763.62	98,842.05	99,920.47	100,998.90	102,077.32	103,155.75
Woodie	82,273.51	87,251.99	94,038.15	99,016.63	105,802.79	110,781.27	117,567.43
Fibonacci	86,950.71	91,444.80	94,221.26	98,715.35	103,209.44	105,985.90	110,479.99

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	42,633.51	54,715.41	75,594.23	87,676.13	108,554.95	120,636.85	141,515.67
Camarilla	87,408.84	90,430.24	93,451.64	96,473.04	99,494.44	102,515.84	105,537.24
Woodie	47,031.96	56,914.64	79,992.68	89,875.36	112,953.40	122,836.08	145,914.12
Fibonacci	54,715.41	67,306.41	75,085.14	87,676.13	100,267.13	108,045.86	120,636.85

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):	51.96
MACD (12,26,9):	-75.0200
Directional Movement:	-2.26
AROON (14):	-50.00
DEMA (21):	101,123.19
Parabolic SAR (0,02-0,02-0,2):	100,848.10
Elder Ray (13):	113.34
Super Trend (3,10):	101,522.93
Zig ZAG (10):	101,307.34
VORTEX (21):	0.9700
Stochastique (14,3,5):	52.58
TEMA (21):	101,120.49
Williams %R (14):	-46.90
Chande Momentum Oscillator (20):	-311.77
Repulse (5,40,3):	0.1200
ROCnROLL:	-1
TRIX (15,9):	-0.0100
Courbe Coppock:	0.72

MA7:	99,889.60
MA20:	97,721.21
MA50:	88,025.24
MA100:	75,371.60
MAexp7:	101,201.78
MAexp20:	101,235.42
MAexp50:	101,362.60
MAexp100:	101,348.76
Price / MA7:	+0.97%
Price / MA20:	+3.21%
Price / MA50:	+14.58%
Price / MA100:	+33.81%
Price / MAexp7:	-0.34%
Price / MAexp20:	-0.37%
Price / MAexp50:	-0.50%
Price / MAexp100:	-0.49%

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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