BITCOIN - BTC/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	BTCUSD
ISIN:

BITCOIN - BTC/USD - 15 min. - Technical analysis published on 12/26/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Bearish

Underlying: Bearish

Technical indicators

22%

39%

My opinion

Bearish under 96,914.89 USD

My targets

93,654.74 USD (-1.99%)

92,274.90 USD (-3.44%)

My analysis

All elements being rather 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 96,914.89 USD. The next bearish objective for sellers is set at 93,654.74 USD. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 92,274.90 USD. If there is any crossing, the next objective would be the support located at 73,118.00 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

4.5

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 adintoronto. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The BITCOIN - BTC/USD price is 95,560.05 USD. The price is lower by -3.82% since the last closing and was between 95,104.56 USD and 99,883.40 USD. This implies that the price is at +0.48% from its lowest and at -4.33% from its highest.

95,104.56

99,883.40

95,560.05

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 15 min. of this BITCOIN - BTC/USD chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 15 minutes

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 15 minutes

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : 15 minutes

RSI indicator is back under 50

Type : Bearish

Timeframe : 15 minutes

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 15 minutes

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 15 minutes

The analysis of the price chart with Central Patterns scanners does not return any result.

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Bullish harami

Type : Bullish

Timeframe : 15 minutes

Bearish engulfing lines

Type : Bearish

Timeframe : 15 minutes

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	73,118.00	92,274.90	93,654.74	95,560.05	96,657.91	99,483.32	102,714.59
Change (%)	-23.48%	-3.44%	-1.99%	-	+1.15%	+4.11%	+7.49%
Change	-22,442.05	-3,285.15	-1,905.31	-	+1,097.86	+3,923.27	+7,154.54
Level	Major	Intermediate	Minor	-	Major	Major	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	96,244.90	96,914.89	98,137.26	98,807.25	100,029.62	100,699.61	101,921.98
Camarilla	98,839.24	99,012.71	99,186.17	99,359.64	99,533.11	99,706.57	99,880.04
Woodie	96,521.10	97,052.99	98,413.46	98,945.35	100,305.82	100,837.71	102,198.18
Fibonacci	96,914.89	97,637.77	98,084.37	98,807.25	99,530.13	99,976.73	100,699.61

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	73,953.94	83,055.34	90,142.41	99,243.81	106,330.88	115,432.28	122,519.35
Camarilla	92,777.66	94,261.60	95,745.55	97,229.49	98,713.43	100,197.38	101,681.32
Woodie	72,946.79	82,551.76	89,135.26	98,740.23	105,323.73	114,928.70	121,512.20
Fibonacci	83,055.34	89,239.33	93,059.81	99,243.81	105,427.80	109,248.28	115,432.28

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	55,431.49	64,953.80	80,713.42	90,235.73	105,995.35	115,517.66	131,277.28
Camarilla	89,520.51	91,838.02	94,155.53	96,473.04	98,790.55	101,108.06	103,425.57
Woodie	58,550.15	66,513.13	83,832.08	91,795.06	109,114.01	117,076.99	134,395.94
Fibonacci	64,953.80	74,611.50	80,578.03	90,235.73	99,893.43	105,859.96	115,517.66

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):	50.77
MACD (12,26,9):	-43.4600
Directional Movement:	6.22
AROON (14):	-42.86
DEMA (21):	95,570.33
Parabolic SAR (0,02-0,02-0,2):	95,255.11
Elder Ray (13):	39.48
Super Trend (3,10):	94,949.64
Zig ZAG (10):	95,548.78
VORTEX (21):	0.9800
Stochastique (14,3,5):	40.99
TEMA (21):	95,634.56
Williams %R (14):	-61.74
Chande Momentum Oscillator (20):	-24.02
Repulse (5,40,3):	-0.2000
ROCnROLL:	2
TRIX (15,9):	-0.0100
Courbe Coppock:	0.05

MA7:	96,895.34
MA20:	99,597.84
MA50:	95,072.33
MA100:	80,385.98
MAexp7:	95,577.91
MAexp20:	95,670.17
MAexp50:	95,931.60
MAexp100:	96,470.76
Price / MA7:	-1.38%
Price / MA20:	-4.05%
Price / MA50:	+0.51%
Price / MA100:	+18.88%
Price / MAexp7:	-0.02%
Price / MAexp20:	-0.12%
Price / MAexp50:	-0.39%
Price / MAexp100:	-0.94%

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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