BITCOIN DIAMOND - BCD/USD - 1H - Technical analysis published on 02/04/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 0.053256 USD
My targets
0.049625 USD (-3.16%)
0.046440 USD (-9.38%)
My analysis
The bearish basic trend is very strong on BITCOIN DIAMOND - BCD/USD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.053256 USD. Crossing the first support at 0.049625 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.046440 USD as an objective. Crossing it would then enable sellers to target 0.034793 USD. Caution, a return to above the resistance located at 0.053256 USD would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.2
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Additional analysis
Quotes
The BITCOIN DIAMOND - BCD/USD price is 0.051246 USD. On the day, this instrument lost -1.64% with the lowest point at 0.049463 USD and the highest point at 0.052941 USD. The deviation from the price is +3.60% for the low point and -3.20% for the high point.0.049463
0.052941
0.051246
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BITCOIN DIAMOND - BCD/USD:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of BITCOIN DIAMOND - BCD/USD indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 7 are neutral and 5 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.034793 | 0.049625 | 0.050977 | 0.051246 | 0.053256 | 0.055065 | 0.056402 |
| Change (%) | -32.11% | -3.16% | -0.52% | - | +3.92% | +7.45% | +10.06% |
| Change | -0.016453 | -0.001621 | -0.000269 | - | +0.002010 | +0.003819 | +0.005156 |
| Level | Minor | Major | Minor | - | Minor | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.040482 | 0.045050 | 0.048575 | 0.053143 | 0.056668 | 0.061236 | 0.064761 |
| Camarilla | 0.049874 | 0.050616 | 0.051358 | 0.052100 | 0.052842 | 0.053584 | 0.054326 |
| Woodie | 0.039961 | 0.044789 | 0.048054 | 0.052882 | 0.056147 | 0.060975 | 0.064240 |
| Fibonacci | 0.045050 | 0.048142 | 0.050052 | 0.053143 | 0.056235 | 0.058145 | 0.061236 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.041029 | 0.046440 | 0.051709 | 0.057120 | 0.062389 | 0.067800 | 0.073069 |
| Camarilla | 0.054041 | 0.055020 | 0.055999 | 0.056978 | 0.057957 | 0.058936 | 0.059915 |
| Woodie | 0.040958 | 0.046405 | 0.051638 | 0.057085 | 0.062318 | 0.067765 | 0.072998 |
| Fibonacci | 0.046440 | 0.050520 | 0.053040 | 0.057120 | 0.061200 | 0.063720 | 0.067800 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.033575 | 0.042347 | 0.050531 | 0.059303 | 0.067487 | 0.076259 | 0.084443 |
| Camarilla | 0.054052 | 0.055606 | 0.057161 | 0.058715 | 0.060269 | 0.061824 | 0.063378 |
| Woodie | 0.033281 | 0.042200 | 0.050237 | 0.059156 | 0.067193 | 0.076112 | 0.084149 |
| Fibonacci | 0.042347 | 0.048824 | 0.052826 | 0.059303 | 0.065780 | 0.069782 | 0.076259 |
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): | 45.66 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | -18.950926 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.051085 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.051748 | |
| Elder Ray (13): | -0.000268 | |
| Super Trend (3,10): | 0.049709 | |
| Zig ZAG (10): | 0.051228 | |
| VORTEX (21): | 0.9709 | |
| Stochastique (14,3,5): | 53.34 | |
| TEMA (21): | 0.051422 | |
| Williams %R (14): | -49.25 | |
| Chande Momentum Oscillator (20): | -0.001698 | |
| Repulse (5,40,3): | 0.8075 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1190 | |
| Courbe Coppock: | 3.42 |
| MA7: | 0.055337 | |
| MA20: | 0.056054 | |
| MA50: | 0.059266 | |
| MA100: | 0.066977 | |
| MAexp7: | 0.051099 | |
| MAexp20: | 0.051647 | |
| MAexp50: | 0.052815 | |
| MAexp100: | 0.054284 | |
| Price / MA7: | -7.39% | |
| Price / MA20: | -8.58% | |
| Price / MA50: | -13.53% | |
| Price / MA100: | -23.49% | |
| Price / MAexp7: | +0.29% | |
| Price / MAexp20: | -0.78% | |
| Price / MAexp50: | -2.97% | |
| Price / MAexp100: | -5.60% |
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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