BITCOIN CASH - BCH/USDT - Daily - Technical analysis published on 02/27/2025 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
50%
17%
My opinion
Bearish under 304.87 USDT
My targets
281.07 USDT (-4.76%)
279.75 USDT (-5.20%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BITCOIN CASH - BCH/USDT as long as the price remains well below 304.87 USDT. The sellers' bearish objective is set at 281.07 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 279.75 USDT. In case of crossing, the next objective would be the support located at 145.29 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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This analysis was given by vsarkhosh. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN CASH - BCH/USDT rating is 295.11 USDT. The price has increased by +0.42% since the last closing and was between 291.61 USDT and 296.44 USDT. This implies that the price is at +1.20% from its lowest and at -0.45% from its highest.291.61
296.44
295.11
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:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of BITCOIN CASH - BCH/USDT in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish 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, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 3 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 91.63 | 145.29 | 295.11 | 304.87 | 435.48 | 489.50 |
| Change (%) | -68.95% | -50.77% | - | +3.31% | +47.57% | +65.87% |
| Change | -203.48 | -149.82 | - | +9.76 | +140.37 | +194.39 |
| Level | Minor | Minor | - | Major | Minor | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 270.11 | 277.60 | 285.73 | 293.22 | 301.35 | 308.84 | 316.97 |
| Camarilla | 289.58 | 291.01 | 292.44 | 293.87 | 295.30 | 296.73 | 298.17 |
| Woodie | 270.44 | 277.76 | 286.06 | 293.38 | 301.68 | 309.00 | 317.30 |
| Fibonacci | 277.60 | 283.56 | 287.25 | 293.22 | 299.18 | 302.87 | 308.84 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 279.75 | 294.06 | 307.54 | 321.85 | 335.33 | 349.64 | 363.12 |
| Camarilla | 313.38 | 315.93 | 318.47 | 321.02 | 323.57 | 326.12 | 328.66 |
| Woodie | 279.34 | 293.85 | 307.13 | 321.64 | 334.92 | 349.43 | 362.71 |
| Fibonacci | 294.06 | 304.68 | 311.23 | 321.85 | 332.47 | 339.02 | 349.64 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 281.07 | 339.67 | 381.94 | 440.54 | 482.81 | 541.41 | 583.68 |
| Camarilla | 396.48 | 405.73 | 414.97 | 424.22 | 433.47 | 442.71 | 451.96 |
| Woodie | 272.92 | 335.59 | 373.79 | 436.46 | 474.66 | 537.33 | 575.53 |
| Fibonacci | 339.67 | 378.20 | 402.00 | 440.54 | 479.07 | 502.87 | 541.41 |
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): | 32.67 | |
| MACD (12,26,9): | -22.1200 | |
| Directional Movement: | -23.22 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 292.80 | |
| Parabolic SAR (0,02-0,02-0,2): | 328.08 | |
| Elder Ray (13): | -18.39 | |
| Super Trend (3,10): | 343.57 | |
| Zig ZAG (10): | 295.05 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 22.20 | |
| TEMA (21): | 293.27 | |
| Williams %R (14): | -75.85 | |
| Chande Momentum Oscillator (20): | -37.69 | |
| Repulse (5,40,3): | -2.2800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.9100 | |
| Courbe Coppock: | 16.26 |
| MA7: | 305.03 | |
| MA20: | 320.52 | |
| MA50: | 378.34 | |
| MA100: | 439.49 | |
| MAexp7: | 303.14 | |
| MAexp20: | 323.34 | |
| MAexp50: | 365.28 | |
| MAexp100: | 393.79 | |
| Price / MA7: | -3.25% | |
| Price / MA20: | -7.93% | |
| Price / MA50: | -22.00% | |
| Price / MA100: | -32.85% | |
| Price / MAexp7: | -2.65% | |
| Price / MAexp20: | -8.73% | |
| Price / MAexp50: | -19.21% | |
| Price / MAexp100: | -25.06% |
Quotes :
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Real time data
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CoinMarketCap
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