BITCOIN - BTC/USD - 15 min. - Technical analysis published on 01/31/2025 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 106,364.99 USD
My targets
103,195.76 USD (-1.56%)
101,653.15 USD (-3.03%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on BITCOIN - BTC/USD as long as the price remains well below 106,364.99 USD. The next bearish objective for sellers is set at 103,195.76 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 101,653.15 USD. In case of crossing, the next objective would be the support located at 100,026.53 USD.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
4.3
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Additional analysis
Quotes
The BITCOIN - BTC/USD price is 104,831.55 USD. On the day, this instrument gained +0.09% and was traded between 104,405.77 USD and 104,872.04 USD over the period. The price is currently at +0.41% from its lowest and -0.04% from its highest.104,405.77
104,872.04
104,831.55
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
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a 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 slightly bearish. 57.14% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 15 minutes
In fact, 13 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of triangle
Type : Bullish
Timeframe : 15 minutes
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 101,239.39 | 102,958.08 | 104,128.80 | 104,831.55 | 105,247.28 | 106,144.09 | 107,154.66 |
| Change (%) | -3.43% | -1.79% | -0.67% | - | +0.40% | +1.25% | +2.22% |
| Change | -3,592.16 | -1,873.47 | -702.75 | - | +415.73 | +1,312.54 | +2,323.11 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Major | 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 | 100,026.53 | 101,653.15 | 103,195.76 | 104,822.38 | 106,364.99 | 107,991.61 | 109,534.22 |
| Camarilla | 103,866.84 | 104,157.36 | 104,447.87 | 104,738.38 | 105,028.89 | 105,319.41 | 105,609.92 |
| Woodie | 99,984.54 | 101,632.15 | 103,153.77 | 104,801.38 | 106,323.00 | 107,970.61 | 109,492.23 |
| Fibonacci | 101,653.15 | 102,863.79 | 103,611.73 | 104,822.38 | 106,033.02 | 106,780.96 | 107,991.61 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 90,063.79 | 94,766.62 | 99,749.33 | 104,452.16 | 109,434.87 | 114,137.70 | 119,120.41 |
| Camarilla | 102,068.53 | 102,956.37 | 103,844.21 | 104,732.05 | 105,619.89 | 106,507.73 | 107,395.57 |
| Woodie | 90,203.74 | 94,836.59 | 99,889.28 | 104,522.13 | 109,574.82 | 114,207.67 | 119,260.36 |
| Fibonacci | 94,766.62 | 98,466.49 | 100,752.28 | 104,452.16 | 108,152.03 | 110,437.82 | 114,137.70 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 69,939.25 | 80,612.14 | 86,999.41 | 97,672.30 | 104,059.57 | 114,732.46 | 121,119.73 |
| Camarilla | 88,695.13 | 90,258.97 | 91,822.82 | 93,386.67 | 94,950.52 | 96,514.37 | 98,078.21 |
| Woodie | 67,796.43 | 79,540.74 | 84,856.59 | 96,600.90 | 101,916.75 | 113,661.06 | 118,976.91 |
| Fibonacci | 80,612.14 | 87,129.12 | 91,155.32 | 97,672.30 | 104,189.28 | 108,215.48 | 114,732.46 |
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): | 42.65 | |
| MACD (12,26,9): | -116.8500 | |
| Directional Movement: | -10.43 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 104,960.27 | |
| Parabolic SAR (0,02-0,02-0,2): | 105,412.92 | |
| Elder Ray (13): | -305.17 | |
| Super Trend (3,10): | 105,503.19 | |
| Zig ZAG (10): | 104,604.91 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 3.96 | |
| TEMA (21): | 104,699.61 | |
| Williams %R (14): | -97.94 | |
| Chande Momentum Oscillator (20): | -575.78 | |
| Repulse (5,40,3): | -0.4800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.83 |
| MA7: | 103,415.92 | |
| MA20: | 102,021.97 | |
| MA50: | 99,339.35 | |
| MA100: | 93,002.83 | |
| MAexp7: | 104,872.62 | |
| MAexp20: | 105,121.68 | |
| MAexp50: | 105,162.93 | |
| MAexp100: | 104,833.61 | |
| Price / MA7: | +1.37% | |
| Price / MA20: | +2.75% | |
| Price / MA50: | +5.53% | |
| Price / MA100: | +12.72% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.28% | |
| Price / MAexp50: | -0.32% | |
| Price / MAexp100: | +0.00% |
Quotes :
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Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
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