BITCOIN - BTC/USD - 15 min. - Technical analysis published on 02/16/2025 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 97,236.69 USD
My targets
96,507.16 USD (-0.33%)
95,660.43 USD (-1.20%)
My analysis
The bearish trend is currently very strong for BITCOIN - BTC/USD. As long as the price remains below the resistance at 97,236.69 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 96,507.16 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 95,660.43 USD as an objective. Crossing it would then enable sellers to target 94,756.27 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.1
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This analysis was given by abdul2089. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN - BTC/USD price is 96,822.68 USD. On the day, this instrument lost -0.79% and was traded between 96,684.30 USD and 97,727.79 USD over the period. The price is currently at +0.14% from its lowest and -0.93% from its highest.96,684.30
97,727.79
96,822.68
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.
Bullish opening
Type : Bullish
Timeframe : Openning
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BITCOIN - BTC/USD:
Technical
A technical analysis in 15 min. of this BITCOIN - BTC/USD chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 15 minutes
The technical indicators are generally neutral. They do not provide 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
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Three white soldiers
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 94,100.73 | 94,756.27 | 95,660.43 | 96,822.68 | 97,333.78 | 98,126.17 | 99,125.21 |
| Change (%) | -2.81% | -2.13% | -1.20% | - | +0.53% | +1.35% | +2.38% |
| Change | -2,721.95 | -2,066.41 | -1,162.25 | - | +511.10 | +1,303.49 | +2,302.53 |
| Level | Minor | Minor | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 96,507.16 | 96,877.78 | 97,236.69 | 97,607.31 | 97,966.22 | 98,336.84 | 98,695.75 |
| Camarilla | 97,394.99 | 97,461.86 | 97,528.74 | 97,595.61 | 97,662.48 | 97,729.36 | 97,796.23 |
| Woodie | 96,501.32 | 96,874.85 | 97,230.85 | 97,604.38 | 97,960.38 | 98,333.91 | 98,689.91 |
| Fibonacci | 96,877.78 | 97,156.46 | 97,328.63 | 97,607.31 | 97,885.99 | 98,058.16 | 98,336.84 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 90,076.14 | 92,088.44 | 94,842.02 | 96,854.32 | 99,607.90 | 101,620.20 | 104,373.78 |
| Camarilla | 96,284.99 | 96,721.87 | 97,158.74 | 97,595.61 | 98,032.48 | 98,469.36 | 98,906.23 |
| Woodie | 90,446.79 | 92,273.76 | 95,212.67 | 97,039.64 | 99,978.55 | 101,805.52 | 104,744.43 |
| Fibonacci | 92,088.44 | 93,909.00 | 95,033.75 | 96,854.32 | 98,674.88 | 99,799.63 | 101,620.20 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 71,450.13 | 80,340.46 | 91,374.33 | 100,264.66 | 111,298.53 | 120,188.86 | 131,222.73 |
| Camarilla | 96,929.06 | 98,755.44 | 100,581.83 | 102,408.21 | 104,234.60 | 106,060.98 | 107,887.37 |
| Woodie | 72,521.91 | 80,876.35 | 92,446.11 | 100,800.55 | 112,370.31 | 120,724.75 | 132,294.51 |
| Fibonacci | 80,340.46 | 87,951.50 | 92,653.61 | 100,264.66 | 107,875.70 | 112,577.81 | 120,188.86 |
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): | 43.32 | |
| MACD (12,26,9): | -38.1600 | |
| Directional Movement: | -5.91 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 96,993.11 | |
| Parabolic SAR (0,02-0,02-0,2): | 96,945.17 | |
| Elder Ray (13): | -52.60 | |
| Super Trend (3,10): | 97,215.05 | |
| Zig ZAG (10): | 96,954.83 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 50.12 | |
| TEMA (21): | 97,022.52 | |
| Williams %R (14): | -74.64 | |
| Chande Momentum Oscillator (20): | 20.26 | |
| Repulse (5,40,3): | -0.0500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.18 |
| MA7: | 97,112.36 | |
| MA20: | 98,611.69 | |
| MA50: | 98,795.83 | |
| MA100: | 97,301.38 | |
| MAexp7: | 97,021.41 | |
| MAexp20: | 97,056.14 | |
| MAexp50: | 97,172.31 | |
| MAexp100: | 97,288.69 | |
| Price / MA7: | -0.30% | |
| Price / MA20: | -1.81% | |
| Price / MA50: | -2.00% | |
| Price / MA100: | -0.49% | |
| Price / MAexp7: | -0.20% | |
| Price / MAexp20: | -0.24% | |
| Price / MAexp50: | -0.36% | |
| Price / MAexp100: | -0.48% |
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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