BITCOIN - BTC/USD - 1H - Technical analysis published on 03/19/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 84,126.03 USD
My targets
88,369.09 USD (+3.29%)
92,549.70 USD (+8.18%)
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 84,126.03 USD. The buyers' bullish objective is set at 88,369.09 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 92,549.70 USD. If there is any crossing, the next objective would be the resistance located at 98,676.15 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8
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This analysis was given by Bruroz. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN - BTC/USD price is 85,553.09 USD. On the day, this instrument gained +3.43% and was between 82,560.48 USD and 85,963.02 USD. This implies that the price is at +3.62% from its lowest and at -0.48% from its highest.82,560.48
85,963.02
85,553.09
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of BITCOIN - BTC/USD indicates that the overall trend is strongly bullish. 89.29% 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 scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 2 (Daily)
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 82,427.46 | 84,126.03 | 85,300.96 | 85,553.09 | 92,549.70 | 98,676.15 | 106,152.18 |
| Change (%) | -3.65% | -1.67% | -0.29% | - | +8.18% | +15.34% | +24.08% |
| Change | -3,125.63 | -1,427.06 | -252.13 | - | +6,996.61 | +13,123.06 | +20,599.09 |
| Level | Intermediate | Major | Minor | - | Intermediate | Minor | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 78,330.41 | 79,735.41 | 81,225.96 | 82,630.96 | 84,121.51 | 85,526.51 | 87,017.06 |
| Camarilla | 81,920.22 | 82,185.65 | 82,451.08 | 82,716.50 | 82,981.93 | 83,247.35 | 83,512.78 |
| Woodie | 78,373.18 | 79,756.80 | 81,268.73 | 82,652.35 | 84,164.28 | 85,547.90 | 87,059.83 |
| Fibonacci | 79,735.41 | 80,841.51 | 81,524.86 | 82,630.96 | 83,737.06 | 84,420.41 | 85,526.51 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 68,567.49 | 72,585.77 | 78,468.29 | 82,486.57 | 88,369.09 | 92,387.37 | 98,269.89 |
| Camarilla | 81,628.09 | 82,535.66 | 83,443.24 | 84,350.81 | 85,258.38 | 86,165.96 | 87,073.53 |
| Woodie | 69,499.61 | 73,051.83 | 79,400.41 | 82,952.63 | 89,301.21 | 92,853.43 | 99,202.01 |
| Fibonacci | 72,585.77 | 76,367.88 | 78,704.46 | 82,486.57 | 86,268.68 | 88,605.26 | 92,387.37 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49,577.85 | 63,902.20 | 74,113.84 | 88,438.19 | 98,649.83 | 112,974.18 | 123,185.82 |
| Camarilla | 77,578.07 | 79,827.21 | 82,076.34 | 84,325.47 | 86,574.60 | 88,823.74 | 91,072.87 |
| Woodie | 47,521.49 | 62,874.02 | 72,057.48 | 87,410.01 | 96,593.47 | 111,946.00 | 121,129.46 |
| Fibonacci | 63,902.20 | 73,274.95 | 79,065.45 | 88,438.19 | 97,810.94 | 103,601.44 | 112,974.18 |
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): | 65.66 | |
| MACD (12,26,9): | 596.1700 | |
| Directional Movement: | 19.42 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 84,665.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 83,605.34 | |
| Elder Ray (13): | 1,157.76 | |
| Super Trend (3,10): | 83,295.95 | |
| Zig ZAG (10): | 85,471.41 | |
| VORTEX (21): | 1.2500 | |
| Stochastique (14,3,5): | 79.59 | |
| TEMA (21): | 85,162.20 | |
| Williams %R (14): | -19.87 | |
| Chande Momentum Oscillator (20): | 2,175.78 | |
| Repulse (5,40,3): | 1.1100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 4.04 |
| MA7: | 83,438.56 | |
| MA20: | 85,067.49 | |
| MA50: | 91,915.59 | |
| MA100: | 95,474.02 | |
| MAexp7: | 84,741.31 | |
| MAexp20: | 83,955.39 | |
| MAexp50: | 83,460.32 | |
| MAexp100: | 83,315.32 | |
| Price / MA7: | +2.53% | |
| Price / MA20: | +0.57% | |
| Price / MA50: | -6.92% | |
| Price / MA100: | -10.39% | |
| Price / MAexp7: | +0.96% | |
| Price / MAexp20: | +1.91% | |
| Price / MAexp50: | +2.51% | |
| Price / MAexp100: | +2.69% |
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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