BITCOIN CASH - BCH/USDT - 15 min. - Technical analysis published on 04/01/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 122.92 USDT
My targets
127.25 USDT (+1.01%)
129.90 USDT (+3.11%)
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 CASH - BCH/USDT as long as the price remains well above 122.92 USDT. The buyers' bullish objective is set at 127.25 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 129.90 USDT. If there is any crossing, the next objective would be the resistance located at 131.07 USDT. 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 confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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This analysis was given by Henry07. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN CASH - BCH/USDT rating is 125.98 USDT. The price registered an increase of +1.69% on the session with the lowest point at 123.91 USDT and the highest point at 126.04 USDT. The deviation from the price is +1.67% for the low point and -0.05% for the high point.123.91
126.04
125.98
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 15 min. of this BITCOIN CASH - BCH/USDT 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 scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 15 minutes
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami cross
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 119.09 | 121.60 | 124.19 | 125.98 | 127.52 | 129.25 | 131.07 |
| Change (%) | -5.47% | -3.48% | -1.42% | - | +1.22% | +2.60% | +4.04% |
| Change | -6.89 | -4.38 | -1.79 | - | +1.54 | +3.27 | +5.09 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Minor | Intermediate |
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 | 116.91 | 118.59 | 121.24 | 122.92 | 125.57 | 127.25 | 129.90 |
| Camarilla | 122.70 | 123.10 | 123.49 | 123.89 | 124.29 | 124.68 | 125.08 |
| Woodie | 117.40 | 118.83 | 121.73 | 123.16 | 126.06 | 127.49 | 130.39 |
| Fibonacci | 118.59 | 120.24 | 121.27 | 122.92 | 124.57 | 125.60 | 127.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 100.09 | 110.83 | 117.99 | 128.73 | 135.89 | 146.63 | 153.79 |
| Camarilla | 120.22 | 121.86 | 123.50 | 125.14 | 126.78 | 128.42 | 130.06 |
| Woodie | 98.29 | 109.94 | 116.19 | 127.84 | 134.09 | 145.74 | 151.99 |
| Fibonacci | 110.83 | 117.67 | 121.90 | 128.73 | 135.57 | 139.80 | 146.63 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 71.70 | 88.38 | 106.13 | 122.81 | 140.56 | 157.24 | 174.99 |
| Camarilla | 114.42 | 117.58 | 120.73 | 123.89 | 127.05 | 130.20 | 133.36 |
| Woodie | 72.25 | 88.65 | 106.68 | 123.08 | 141.11 | 157.51 | 175.54 |
| Fibonacci | 88.38 | 101.53 | 109.65 | 122.81 | 135.96 | 144.08 | 157.24 |
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): | 62.65 | |
| MACD (12,26,9): | 0.3100 | |
| Directional Movement: | 13.82 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 125.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 124.46 | |
| Elder Ray (13): | 0.34 | |
| Super Trend (3,10): | 124.37 | |
| Zig ZAG (10): | 125.56 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 72.53 | |
| TEMA (21): | 125.40 | |
| Williams %R (14): | -7.87 | |
| Chande Momentum Oscillator (20): | 0.62 | |
| Repulse (5,40,3): | 0.3800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 0.77 |
| MA7: | 122.87 | |
| MA20: | 126.83 | |
| MA50: | 127.55 | |
| MA100: | 121.27 | |
| MAexp7: | 125.30 | |
| MAexp20: | 124.92 | |
| MAexp50: | 124.30 | |
| MAexp100: | 123.60 | |
| Price / MA7: | +2.53% | |
| Price / MA20: | -0.67% | |
| Price / MA50: | -1.23% | |
| Price / MA100: | +3.88% | |
| Price / MAexp7: | +0.54% | |
| Price / MAexp20: | +0.85% | |
| Price / MAexp50: | +1.35% | |
| Price / MAexp100: | +1.93% |
Quotes :
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Real time data
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Cryptocompare
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