BITCOIN DIAMOND - BCD/USD - 1H - Technical analysis published on 01/08/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 0.057441 USD
My targets
0.054997 USD (-3.02%)
0.049971 USD (-11.88%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on BITCOIN DIAMOND - BCD/USD. As long as you are under the resistance located at 0.057441 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.054997 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.049971 USD as an objective. Crossing it would then enable sellers to target 0.034793 USD. If the resistance 0.057441 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BITCOIN DIAMOND - BCD/USD rating 0.056710 USD. The price registered a decrease of -0.78% on the session and was between 0.054112 USD and 0.058543 USD. This implies that the price is at +4.80% from its lowest and at -3.13% from its highest.0.054112
0.058543
0.056710
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of BITCOIN DIAMOND - BCD/USD in 1H shows an overall bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend could slow down given the neutral 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 shows a moderate bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.034793 | 0.054997 | 0.056710 | 0.057441 | 0.058541 | 0.060353 |
| Change (%) | -38.65% | -3.02% | - | +1.29% | +3.23% | +6.42% |
| Change | -0.021917 | -0.001713 | - | +0.000731 | +0.001831 | +0.003643 |
| Level | Minor | 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 | 0.049345 | 0.053241 | 0.055198 | 0.059094 | 0.061051 | 0.064947 | 0.066904 |
| Camarilla | 0.055544 | 0.056081 | 0.056618 | 0.057154 | 0.057691 | 0.058227 | 0.058764 |
| Woodie | 0.048375 | 0.052756 | 0.054228 | 0.058609 | 0.060081 | 0.064462 | 0.065934 |
| Fibonacci | 0.053241 | 0.055477 | 0.056859 | 0.059094 | 0.061330 | 0.062712 | 0.064947 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.044956 | 0.049971 | 0.055440 | 0.060455 | 0.065924 | 0.070939 | 0.076408 |
| Camarilla | 0.058027 | 0.058988 | 0.059949 | 0.060910 | 0.061871 | 0.062832 | 0.063793 |
| Woodie | 0.045184 | 0.050085 | 0.055668 | 0.060569 | 0.066152 | 0.071053 | 0.076636 |
| Fibonacci | 0.049971 | 0.053976 | 0.056450 | 0.060455 | 0.064460 | 0.066934 | 0.070939 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.007112 | 0.024929 | 0.043423 | 0.075464 | 0.093958 | 0.125999 | 0.144493 |
| Camarilla | 0.048021 | 0.052653 | 0.057286 | 0.061918 | 0.066550 | 0.071183 | 0.075815 |
| Woodie | -0.013885 | 0.021542 | 0.036651 | 0.072077 | 0.087186 | 0.122612 | 0.137721 |
| Fibonacci | 0.024929 | 0.044233 | 0.056159 | 0.075464 | 0.094768 | 0.106694 | 0.125999 |
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): | 45.28 | |
| MACD (12,26,9): | -0.0008 | |
| Directional Movement: | 4.888951 | |
| AROON (14): | -14.285714 | |
| DEMA (21): | 0.055156 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.057477 | |
| Elder Ray (13): | -0.000030 | |
| Super Trend (3,10): | 0.057400 | |
| Zig ZAG (10): | 0.055891 | |
| VORTEX (21): | 0.9141 | |
| Stochastique (14,3,5): | 49.71 | |
| TEMA (21): | 0.055247 | |
| Williams %R (14): | -34.60 | |
| Chande Momentum Oscillator (20): | 0.001296 | |
| Repulse (5,40,3): | 1.7801 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2456 | |
| Courbe Coppock: | 2.92 |
| MA7: | 0.059651 | |
| MA20: | 0.060857 | |
| MA50: | 0.072766 | |
| MA100: | 0.068477 | |
| MAexp7: | 0.055985 | |
| MAexp20: | 0.056294 | |
| MAexp50: | 0.057849 | |
| MAexp100: | 0.059046 | |
| Price / MA7: | -4.93% | |
| Price / MA20: | -6.81% | |
| Price / MA50: | -22.07% | |
| Price / MA100: | -17.18% | |
| Price / MAexp7: | +1.29% | |
| Price / MAexp20: | +0.74% | |
| Price / MAexp50: | -1.97% | |
| Price / MAexp100: | -3.96% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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