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BITCOIN DIAMOND - BCD/USD
BITCOIN DIAMOND - BCD/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: BCDUSD
ISIN:

BITCOIN DIAMOND - BCD/USD - 1H - Technical analysis published on 12/10/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 0.089094 USD
My targets
0.101126 USD (+3.38%)
0.116625 USD (+19.22%)
My analysis
BITCOIN DIAMOND - BCD/USD is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 0.089094 USD, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 0.101126 USD. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 0.116625 USD would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 0.144739 USD. Beware of a possible return to under the support located at 0.089094 USD which would be the sign of a correction of the bullish excesses registered in the short term.

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
4.6

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Daily Weekly

Additional analysis

Quotes

The BITCOIN DIAMOND - BCD/USD rating is 0.097823 USD. The price registered an increase of +26.34% on the session and was between 0.070203 USD and 0.097945 USD. This implies that the price is at +39.34% from its lowest and at -0.12% from its highest.

0.070203
0.097945
0.097823

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of BITCOIN DIAMOND - BCD/USD in 1H shows an overall slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, 12 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:

Central Candlesticks

White marubozu

Type : Bullish

Timeframe : 1 hour


Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.083435 0.089094 0.097783 0.097823 0.101126 0.144739 0.220008
Change (%) -14.71% -8.92% -0.04% - +3.38% +47.96% +124.90%
Change -0.014388 -0.008729 -0.000040 - +0.003303 +0.046916 +0.122185
Level Minor Intermediate Major - Major Intermediate 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
Standard0.0384470.0560430.0659330.0835290.0934190.1110150.120905
Camarilla0.0682650.0707850.0733050.0758240.0783440.0808630.083383
Woodie0.0345950.0541170.0620810.0816030.0895670.1090890.117053
Fibonacci0.0560430.0665420.0730290.0835290.0940280.1005150.111015


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0438790.0593350.0725240.0879800.1011690.1166250.129814
Camarilla0.0778360.0804610.0830870.0857130.0883390.0909650.093590
Woodie0.0427460.0587680.0713910.0874130.1000360.1160580.128681
Fibonacci0.0593350.0702770.0770380.0879800.0989220.1056830.116625


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0115500.0323120.0586730.0794350.1057960.1265580.152919
Camarilla0.0720750.0763950.0807140.0850340.0893540.0936730.097993
Woodie0.0143500.0337120.0614730.0808350.1085960.1279580.155719
Fibonacci0.0323120.0503130.0614340.0794350.0974360.1085570.126558

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): 46.05
MACD (12,26,9): -0.0004
Directional Movement: 23.160053
AROON (14): -42.857142
DEMA (21): 0.083072
Parabolic SAR (0,02-0,02-0,2): 0.072891
Elder Ray (13): 0.003810
Super Trend (3,10): 0.056093
Zig ZAG (10): 0.097823
VORTEX (21): 0.9355
Stochastique (14,3,5): 72.09
TEMA (21): 0.085608
Williams %R (14): -0.44
Chande Momentum Oscillator (20): 0.018643
Repulse (5,40,3): 35.3062
ROCnROLL: 1
TRIX (15,9): -0.1542
Courbe Coppock: 15.52
MA7: 0.088956
MA20: 0.083879
MA50: 0.072644
MA100: 0.068471
MAexp7: 0.086093
MAexp20: 0.080608
MAexp50: 0.082284
MAexp100: 0.084059
Price / MA7: +9.97%
Price / MA20: +16.62%
Price / MA50: +34.66%
Price / MA100: +42.87%
Price / MAexp7: +13.62%
Price / MAexp20: +21.36%
Price / MAexp50: +18.88%
Price / MAexp100: +16.37%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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