BITCOIN - BTC/USD - 15 min. - Technical analysis published on 12/29/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
17%
22%
61%
My opinion
Bullish above 94,257.29 USD
My targets
95,775.60 USD (+0.84%)
96,411.12 USD (+1.51%)
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 94,257.29 USD. The buyers' bullish objective is set at 95,775.60 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 96,411.12 USD. If there is any crossing, the next objective would be the resistance located at 97,293.91 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5.9
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.
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Additional analysis
Quotes
The BITCOIN - BTC/USD rating is 94,981.33 USD. The price is lower by -0.17% since the last closing and was traded between 94,669.93 USD and 95,196.99 USD over the period. The price is currently at +0.33% from its lowest and -0.23% from its highest.94,669.93
95,196.99
94,981.33
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
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 strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : 15 minutes
On the 18 technical indicators analysed, 3 are bullish, 11 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back under 50
Type : Bearish
Timeframe : 15 minutes
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 73,118.00 | 91,902.37 | 93,289.58 | 94,981.33 | 95,104.97 | 96,657.91 | 97,310.46 |
| Change (%) | -23.02% | -3.24% | -1.78% | - | +0.13% | +1.77% | +2.45% |
| Change | -21,863.33 | -3,078.96 | -1,691.75 | - | +123.64 | +1,676.58 | +2,329.13 |
| Level | Major | Intermediate | Intermediate | - | Minor | Intermediate | Minor |
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 | 92,738.98 | 93,374.50 | 94,257.29 | 94,892.81 | 95,775.60 | 96,411.12 | 97,293.91 |
| Camarilla | 94,722.56 | 94,861.73 | 95,000.91 | 95,140.09 | 95,279.27 | 95,418.45 | 95,557.63 |
| Woodie | 92,862.63 | 93,436.32 | 94,380.94 | 94,954.63 | 95,899.25 | 96,472.94 | 97,417.56 |
| Fibonacci | 93,374.50 | 93,954.49 | 94,312.81 | 94,892.81 | 95,472.80 | 95,831.12 | 96,411.12 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 84,237.31 | 88,315.19 | 91,727.64 | 95,805.52 | 99,217.97 | 103,295.85 | 106,708.30 |
| Camarilla | 93,080.25 | 93,766.86 | 94,453.48 | 95,140.09 | 95,826.70 | 96,513.32 | 97,199.93 |
| Woodie | 83,904.60 | 88,148.83 | 91,394.93 | 95,639.16 | 98,885.26 | 103,129.49 | 106,375.59 |
| Fibonacci | 88,315.19 | 91,176.50 | 92,944.21 | 95,805.52 | 98,666.83 | 100,434.54 | 103,295.85 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 58,883.06 | 67,715.05 | 82,094.05 | 90,926.04 | 105,305.04 | 114,137.03 | 128,516.03 |
| Camarilla | 90,090.02 | 92,217.69 | 94,345.37 | 96,473.04 | 98,600.71 | 100,728.39 | 102,856.06 |
| Woodie | 61,656.56 | 69,101.80 | 84,867.55 | 92,312.79 | 108,078.54 | 115,523.78 | 131,289.53 |
| Fibonacci | 67,715.05 | 76,581.65 | 82,059.45 | 90,926.04 | 99,792.64 | 105,270.44 | 114,137.03 |
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): | 50.87 | |
| MACD (12,26,9): | 13.9700 | |
| Directional Movement: | 3.64 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 94,980.51 | |
| Parabolic SAR (0,02-0,02-0,2): | 94,919.18 | |
| Elder Ray (13): | 0.61 | |
| Super Trend (3,10): | 94,632.70 | |
| Zig ZAG (10): | 94,950.77 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 44.08 | |
| TEMA (21): | 94,958.24 | |
| Williams %R (14): | -55.71 | |
| Chande Momentum Oscillator (20): | 92.30 | |
| Repulse (5,40,3): | -0.0400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.13 |
| MA7: | 96,093.63 | |
| MA20: | 98,885.44 | |
| MA50: | 96,172.11 | |
| MA100: | 81,348.45 | |
| MAexp7: | 94,957.95 | |
| MAexp20: | 94,960.66 | |
| MAexp50: | 94,894.79 | |
| MAexp100: | 94,831.78 | |
| Price / MA7: | -1.16% | |
| Price / MA20: | -3.95% | |
| Price / MA50: | -1.24% | |
| Price / MA100: | +16.76% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | +0.09% | |
| Price / MAexp100: | +0.16% |
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.
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