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 12/15/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 101,553.18 USD
My targets
102,498.74 USD (+0.24%)
103,594.53 USD (+1.31%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BITCOIN - BTC/USD as long as the price remains well above 101,553.18 USD. The buyers' bullish objective is set at 102,498.74 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 103,594.53 USD. If there is any crossing, the next objective would be the resistance located at 104,540.09 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.3

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.

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

Additional analysis

Quotes

The BITCOIN - BTC/USD price is 102,251.30 USD. The price registered an increase of +0.84% on the session and was traded between 101,227.40 USD and 102,797.52 USD over the period. The price is currently at +1.01% from its lowest and -0.53% from its highest.

101,227.40
102,797.52
102,251.30

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

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 several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Abnormal volumes on BITCOIN - BTC/USD were detected by the Central Volumes scanner:

Central 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 an overall bullish trend. 78.57% of the signals given by moving averages are bullish. This 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.

In fact, 10 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 15 minutes



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 99,008.00 100,506.41 101,939.21 102,251.30
Change (%) -3.17% -1.71% -0.31% -
Change -3,243.30 -1,744.89 -312.09 -
Level Intermediate Intermediate Intermediate -



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
Standard98,416.0499,511.83100,457.39101,553.18102,498.74103,594.53104,540.09
Camarilla100,841.58101,028.70101,215.83101,402.95101,590.07101,777.20101,964.32
Woodie98,340.9399,474.27100,382.28101,515.62102,423.63103,556.97104,464.98
Fibonacci99,511.83100,291.63100,773.38101,553.18102,332.98102,814.73103,594.53


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard87,906.8691,104.4896,253.7299,451.34104,600.58107,798.20112,947.44
Camarilla99,107.5699,872.69100,637.82101,402.95102,168.08102,933.21103,698.34
Woodie88,882.6691,592.3997,229.5299,939.25105,576.38108,286.11113,923.24
Fibonacci91,104.4894,292.9896,262.8499,451.34102,639.84104,609.70107,798.20


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard42,633.5154,715.4175,594.2387,676.13108,554.95120,636.85141,515.67
Camarilla87,408.8490,430.2493,451.6496,473.0499,494.44102,515.84105,537.24
Woodie47,031.9656,914.6479,992.6889,875.36112,953.40122,836.08145,914.12
Fibonacci54,715.4167,306.4175,085.1487,676.13100,267.13108,045.86120,636.85

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): 55.30
MACD (12,26,9): 133.6500
Directional Movement: 7.90
AROON (14): 35.71
DEMA (21): 101,828.83
Parabolic SAR (0,02-0,02-0,2): 102,127.75
Elder Ray (13): 0.40
Super Trend (3,10): 101,346.87
Zig ZAG (10): 101,737.77
VORTEX (21): 1.1700
Stochastique (14,3,5): 53.74
TEMA (21): 101,896.35
Williams %R (14): -46.98
Chande Momentum Oscillator (20): 261.88
Repulse (5,40,3): -0.0300
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 0.73
MA7: 99,983.84
MA20: 98,161.60
MA50: 88,721.75
MA100: 75,850.27
MAexp7: 101,771.29
MAexp20: 101,650.40
MAexp50: 101,496.82
MAexp100: 101,417.97
Price / MA7: +2.27%
Price / MA20: +4.17%
Price / MA50: +15.25%
Price / MA100: +34.81%
Price / MAexp7: +0.47%
Price / MAexp20: +0.59%
Price / MAexp50: +0.74%
Price / MAexp100: +0.82%

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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