BITCOIN CASH - BCH/USDT
BITCOIN CASH - BCH/USDT
- USDT (-)
- Real time data - CoinMarketCap
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Change: -
Volume: -
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High / Low range: -
Type: Cryptocurrencies
Ticker: BCHUSDT
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BITCOIN CASH - BCH/USDT - 15 min. - Technical analysis published on 03/29/2021 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 505.01 USDT
My targets
529.01 USDT (+1.77%)
551.54 USDT (+6.10%)
My analysis
The bullish trend is currently very strong on BITCOIN CASH - BCH/USDT. As long as the price remains above the support at 505.01 USDT, you could try to benefit from the boom. The first bullish objective is located at 529.01 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 551.54 USDT as an objective. Crossing it would then enable buyers to target 633.28 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2

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.

This analysis was given by boppip. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The BITCOIN CASH - BCH/USDT price is 519.81 USDT. The price registered an increase of +4.55% on the session with the lowest point at 491.81 USDT and the highest point at 520.03 USDT. The deviation from the price is +5.69% for the low point and -0.04% for the high point.

491.81
520.03
519.81

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.

Central Gaps

Bearish opening

Type : Bearish

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. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 15 minutes


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 15 minutes


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 15 minutes


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 15 minutes


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 15 minutes


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 15 minutes


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : 15 minutes



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 15 minutes


Near resistance of triangle

Type : Bearish

Timeframe : 15 minutes


Resistance of channel is broken

Type : Bullish

Timeframe : 15 minutes



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Black hanging man / hammer

Type : Neutral

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 491.54 505.80 515.82 519.81 529.01 551.54 633.28
Change (%) -5.44% -2.70% -0.77% - +1.77% +6.10% +21.83%
Change -28.27 -14.01 -3.99 - +9.20 +31.73 +113.47
Level Major Minor Minor - Major Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard473.99481.80489.50497.31505.01512.82520.52
Camarilla492.94494.36495.78497.20498.62500.04501.47
Woodie473.94481.77489.45497.28504.96512.79520.47
Fibonacci481.80487.73491.39497.31503.24506.90512.82


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard363.07407.53453.97498.43544.87589.33635.77
Camarilla475.40483.74492.07500.40508.73517.07525.40
Woodie364.05408.03454.95498.93545.85589.83636.75
Fibonacci407.53442.26463.71498.43533.16554.61589.33


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.62219.26339.72553.36673.82887.461,007.92
Camarilla368.29398.92429.54460.17490.80521.42552.05
Woodie-40.98195.97293.12530.07627.22864.17961.32
Fibonacci219.26346.89425.74553.36680.99759.84887.46

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): 86.15
MACD (12,26,9): 5.0200
Directional Movement: 41.08
AROON (14): 92.86
DEMA (21): 518.18
Parabolic SAR (0,02-0,02-0,2): 515.72
Elder Ray (13): 3.91
Super Trend (3,10): 514.04
Zig ZAG (10): 517.99
VORTEX (21): 1.4100
Stochastique (14,3,5): 91.78
TEMA (21): 520.40
Williams %R (14): -21.58
Chande Momentum Oscillator (20): 8.55
Repulse (5,40,3): -0.3200
ROCnROLL: 1
TRIX (15,9): 0.1300
Courbe Coppock: 4.82
MA7: 497.20
MA20: 524.32
MA50: 552.88
MA100: 486.38
MAexp7: 517.75
MAexp20: 511.98
MAexp50: 505.48
MAexp100: 502.03
Price / MA7: +4.55%
Price / MA20: -0.86%
Price / MA50: -5.98%
Price / MA100: +6.87%
Price / MAexp7: +0.40%
Price / MAexp20: +1.53%
Price / MAexp50: +2.83%
Price / MAexp100: +3.54%

Quotes : 2021-03-29 11:07:36 - Real time data - Cryptocompare

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

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