BITCOIN - BTC/USD
-
USD
(-)
- Real time data - CoinMarketCap
| Open: | - |
| Change: | - |
| Volume: | - |
| Low: | - |
| High: | - |
| High / Low range: | - |
| Type: | Cryptocurrencies |
| Ticker: | BTCUSD |
| ISIN: |
BITCOIN - BTC/USD - 15 min. - Technical analysis published on 12/16/2024 (GMT)
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- 12/16/2024 - 08:12
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- Timeframe : 15 min.
- - Analysis generated on 12/16/2024 - 08:12
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
33%
17%
50%
My opinion
Bullish above 103,569.47 USD
My targets
105,911.53 USD (+1.08%)
107,424.88 USD (+2.52%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 103,569.47 USD remains possible. It is advisable to trade BITCOIN - BTC/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 103,569.47 USD. The next bullish objective for buyers is set at 105,911.53 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 107,424.88 USD. If there is any crossing, the next objective would be the resistance located at 109,766.94 USD. PS: if there is a bearish break in the support located at 103,569.47 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
4.5
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This analysis was given by amrmoussa. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BITCOIN - BTC/USD rating 104,783.59 USD. The price has increased by +0.37% since the last closing with the lowest point at 104,265.29 USD and the highest point at 106,511.71 USD. The deviation from the price is +0.50% for the low point and -1.62% for the high point.104,265.29
106,511.71
104,783.59
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BITCOIN - BTC/USD:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of BITCOIN - BTC/USD indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 9 are neutral and 3 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
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
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 99,008.00 | 100,506.41 | 101,939.21 | 104,783.59 |
| Change (%) | -5.51% | -4.08% | -2.71% | - |
| Change | -5,775.59 | -4,277.18 | -2,844.38 | - |
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 98,200.71 | 99,714.06 | 102,056.12 | 103,569.47 | 105,911.53 | 107,424.88 | 109,766.94 |
| Camarilla | 103,337.95 | 103,691.37 | 104,044.78 | 104,398.19 | 104,751.60 | 105,105.02 | 105,458.43 |
| Woodie | 98,615.08 | 99,921.24 | 102,470.49 | 103,776.65 | 106,325.90 | 107,632.06 | 110,181.31 |
| Fibonacci | 99,714.06 | 101,186.82 | 102,096.70 | 103,569.47 | 105,042.23 | 105,952.11 | 107,424.88 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 87,906.86 | 91,104.48 | 96,253.72 | 99,451.34 | 104,600.58 | 107,798.20 | 112,947.44 |
| Camarilla | 99,107.56 | 99,872.69 | 100,637.82 | 101,402.95 | 102,168.08 | 102,933.21 | 103,698.34 |
| Woodie | 88,882.66 | 91,592.39 | 97,229.52 | 99,939.25 | 105,576.38 | 108,286.11 | 113,923.24 |
| Fibonacci | 91,104.48 | 94,292.98 | 96,262.84 | 99,451.34 | 102,639.84 | 104,609.70 | 107,798.20 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 53.97 | |
| MACD (12,26,9): | 168.3900 | |
| Directional Movement: | 6.93 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 105,173.51 | |
| Parabolic SAR (0,02-0,02-0,2): | 104,683.77 | |
| Elder Ray (13): | -51.83 | |
| Super Trend (3,10): | 104,501.05 | |
| Zig ZAG (10): | 104,940.09 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 58.93 | |
| TEMA (21): | 105,077.44 | |
| Williams %R (14): | -50.46 | |
| Chande Momentum Oscillator (20): | 255.84 | |
| Repulse (5,40,3): | -0.2500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 0.82 |
| MA7: | 101,425.34 | |
| MA20: | 98,947.86 | |
| MA50: | 89,515.72 | |
| MA100: | 76,385.08 | |
| MAexp7: | 105,013.32 | |
| MAexp20: | 104,929.47 | |
| MAexp50: | 104,451.51 | |
| MAexp100: | 103,758.74 | |
| Price / MA7: | +3.31% | |
| Price / MA20: | +5.90% | |
| Price / MA50: | +17.06% | |
| Price / MA100: | +37.18% | |
| Price / MAexp7: | -0.22% | |
| Price / MAexp20: | -0.14% | |
| Price / MAexp50: | +0.32% | |
| Price / MAexp100: | +0.99% |
Quotes :
12/16/2024 - 08:12
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Real time data
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Cryptocompare
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