BITCOIN CASH - BCH/USDT - 15 min. - Technical analysis published on 02/01/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
28%
39%
33%
My opinion
Bullish above 235.27 USDT
My targets
237.96 USDT (+0.81%)
241.69 USDT (+2.38%)
My analysis
A bullish trend on BITCOIN CASH - BCH/USDT both in substance and in the short term. A purchase could be considered as long as the price remains above 235.27 USDT. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 237.96 USDT. Then the price could move towards 241.69 USDT. Then 244.38 USDT by extension. Be careful, a return below 235.27 USDT would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.2
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Additional analysis
Quotes
The BITCOIN CASH - BCH/USDT price is 236.06 USDT. On the day, this instrument gained +0.78% and was between 230.44 USDT and 236.99 USDT. This implies that the price is at +2.44% from its lowest and at -0.39% from its highest.230.44
236.99
236.06
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this BITCOIN CASH - BCH/USDT chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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:
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
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
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 223.35 | 229.85 | 234.38 | 236.06 | 238.48 | 243.77 | 245.82 |
| Change (%) | -5.38% | -2.63% | -0.71% | - | +1.03% | +3.27% | +4.13% |
| Change | -12.71 | -6.21 | -1.68 | - | +2.42 | +7.71 | +9.76 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | 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 | 225.12 | 228.85 | 231.54 | 235.27 | 237.96 | 241.69 | 244.38 |
| Camarilla | 232.48 | 233.06 | 233.65 | 234.24 | 234.83 | 235.42 | 236.01 |
| Woodie | 224.61 | 228.59 | 231.03 | 235.01 | 237.45 | 241.43 | 243.87 |
| Fibonacci | 228.85 | 231.30 | 232.81 | 235.27 | 237.72 | 239.23 | 241.69 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 200.90 | 209.98 | 226.84 | 235.92 | 252.78 | 261.86 | 278.72 |
| Camarilla | 236.58 | 238.95 | 241.33 | 243.71 | 246.09 | 248.47 | 250.84 |
| Woodie | 204.80 | 211.93 | 230.74 | 237.87 | 256.68 | 263.81 | 282.62 |
| Fibonacci | 209.98 | 219.89 | 226.01 | 235.92 | 245.83 | 251.95 | 261.86 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 123.55 | 171.30 | 202.77 | 250.52 | 281.99 | 329.74 | 361.21 |
| Camarilla | 212.46 | 219.72 | 226.98 | 234.24 | 241.50 | 248.76 | 256.03 |
| Woodie | 115.41 | 167.23 | 194.63 | 246.45 | 273.85 | 325.67 | 353.07 |
| Fibonacci | 171.30 | 201.56 | 220.26 | 250.52 | 280.78 | 299.48 | 329.74 |
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): | 46.85 | |
| MACD (12,26,9): | 0.2700 | |
| Directional Movement: | 4.66 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 235.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 236.96 | |
| Elder Ray (13): | -0.62 | |
| Super Trend (3,10): | 234.59 | |
| Zig ZAG (10): | 234.78 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 36.55 | |
| TEMA (21): | 235.90 | |
| Williams %R (14): | -72.21 | |
| Chande Momentum Oscillator (20): | -0.19 | |
| Repulse (5,40,3): | -0.1900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 0.55 |
| MA7: | 238.73 | |
| MA20: | 240.22 | |
| MA50: | 242.18 | |
| MA100: | 239.34 | |
| MAexp7: | 235.77 | |
| MAexp20: | 235.56 | |
| MAexp50: | 235.06 | |
| MAexp100: | 235.23 | |
| Price / MA7: | -1.12% | |
| Price / MA20: | -1.73% | |
| Price / MA50: | -2.53% | |
| Price / MA100: | -1.37% | |
| Price / MAexp7: | +0.12% | |
| Price / MAexp20: | +0.21% | |
| Price / MAexp50: | +0.43% | |
| Price / MAexp100: | +0.35% |
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.
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