BITCOIN - BTC/USD - 15 min. - Technical analysis published on 03/22/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 6,170.07 USD
My targets
5,880.73 USD (-3.08%)
5,574.17 USD (-8.13%)
My analysis
BITCOIN - BTC/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 6,170.07 USD. The next support located at 5,880.73 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 5,574.17 USD. Below this support, sellers could then target 5,284.83 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
6.6
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This analysis was given by a1td. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BITCOIN - BTC/USD rating 6,067.69 USD. The price has increased by -1.93% since the last closing and was between 5,953.60 USD and 6,419.90 USD. This implies that the price is at +1.92% from its lowest and at -5.49% from its highest.5,953.60
6,419.90
6,067.69
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
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. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 15 minutes
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5,068.73 | 5,568.51 | 5,875.21 | 6,067.69 | 6,428.30 | 6,935.10 | 7,423.21 |
| Change (%) | -16.46% | -8.23% | -3.17% | - | +5.94% | +14.30% | +22.34% |
| Change | -998.96 | -499.18 | -192.48 | - | +360.61 | +867.41 | +1,355.52 |
| Level | Intermediate | Intermediate | Major | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,284.83 | 5,574.17 | 5,880.73 | 6,170.07 | 6,476.63 | 6,765.97 | 7,072.53 |
| Camarilla | 6,023.43 | 6,078.05 | 6,132.68 | 6,187.30 | 6,241.92 | 6,296.55 | 6,351.17 |
| Woodie | 5,293.45 | 5,578.48 | 5,889.35 | 6,174.38 | 6,485.25 | 6,770.28 | 7,081.15 |
| Fibonacci | 5,574.17 | 5,801.80 | 5,942.43 | 6,170.07 | 6,397.70 | 6,538.33 | 6,765.97 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,270.30 | 3,352.82 | 4,770.06 | 5,852.58 | 7,269.82 | 8,352.34 | 9,769.58 |
| Camarilla | 5,499.87 | 5,729.01 | 5,958.16 | 6,187.30 | 6,416.45 | 6,645.59 | 6,874.73 |
| Woodie | 2,437.66 | 3,436.50 | 4,937.42 | 5,936.26 | 7,437.18 | 8,436.02 | 9,936.94 |
| Fibonacci | 3,352.82 | 4,307.73 | 4,897.67 | 5,852.58 | 6,807.49 | 7,397.43 | 8,352.34 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,742.50 | 7,090.90 | 7,809.00 | 9,157.40 | 9,875.50 | 11,223.90 | 11,942.00 |
| Camarilla | 7,958.81 | 8,148.24 | 8,337.67 | 8,527.10 | 8,716.53 | 8,905.96 | 9,095.39 |
| Woodie | 5,427.35 | 6,933.33 | 7,493.85 | 8,999.83 | 9,560.35 | 11,066.33 | 11,626.85 |
| Fibonacci | 7,090.90 | 7,880.30 | 8,368.00 | 9,157.40 | 9,946.80 | 10,434.50 | 11,223.90 |
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): | 21.60 | |
| MACD (12,26,9): | -59.1000 | |
| Directional Movement: | -30.71 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 6,142.43 | |
| Parabolic SAR (0,02-0,02-0,2): | 6,263.52 | |
| Elder Ray (13): | -153.93 | |
| Super Trend (3,10): | 6,217.05 | |
| Zig ZAG (10): | 6,023.20 | |
| VORTEX (21): | 0.7600 | |
| Stochastique (14,3,5): | 22.39 | |
| TEMA (21): | 6,099.26 | |
| Williams %R (14): | -68.15 | |
| Chande Momentum Oscillator (20): | -235.60 | |
| Repulse (5,40,3): | -0.3000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 4.74 |
| MA7: | 5,771.26 | |
| MA20: | 6,890.29 | |
| MA50: | 8,508.02 | |
| MA100: | 8,234.59 | |
| MAexp7: | 6,141.74 | |
| MAexp20: | 6,206.93 | |
| MAexp50: | 6,244.82 | |
| MAexp100: | 6,241.55 | |
| Price / MA7: | +5.14% | |
| Price / MA20: | -11.94% | |
| Price / MA50: | -28.68% | |
| Price / MA100: | -26.31% | |
| Price / MAexp7: | -1.21% | |
| Price / MAexp20: | -2.24% | |
| Price / MAexp50: | -2.84% | |
| Price / MAexp100: | -2.79% |
This member declared not having a position on this financial instrument or a related financial instrument.
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