BITCOIN CASH - BCH/USD - 1H - Technical analysis published on 01/03/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
44%
11%
44%
My opinion
Bullish above 452.89 USD
My targets
465.77 USD (+1.13%)
472.15 USD (+2.52%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BITCOIN CASH - BCH/USD as long as the price remains well above 452.89 USD. The buyers' bullish objective is set at 465.77 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 472.15 USD. If there is any crossing, the next objective would be the resistance located at 517.86 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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
5.4
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN CASH - BCH/USD rating is 460.55 USD. On the day, this instrument lost -0.16% and was traded between 458.22 USD and 464.31 USD over the period. The price is currently at +0.51% from its lowest and -0.81% from its highest.458.22
464.31
460.55
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of BITCOIN CASH - BCH/USD indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 438.97 | 452.89 | 457.87 | 460.55 | 461.04 | 465.77 | 472.15 |
| Change (%) | -4.69% | -1.66% | -0.58% | - | +0.11% | +1.13% | +2.52% |
| Change | -21.58 | -7.66 | -2.68 | - | +0.49 | +5.22 | +11.60 |
| Level | Major | Major | Minor | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 435.76 | 442.65 | 451.98 | 458.87 | 468.20 | 475.09 | 484.42 |
| Camarilla | 456.84 | 458.33 | 459.81 | 461.30 | 462.79 | 464.27 | 465.76 |
| Woodie | 436.97 | 443.26 | 453.19 | 459.48 | 469.41 | 475.70 | 485.63 |
| Fibonacci | 442.65 | 448.85 | 452.68 | 458.87 | 465.07 | 468.90 | 475.09 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 383.64 | 407.93 | 429.44 | 453.73 | 475.24 | 499.53 | 521.04 |
| Camarilla | 438.37 | 442.56 | 446.76 | 450.96 | 455.16 | 459.36 | 463.56 |
| Woodie | 382.26 | 407.24 | 428.06 | 453.04 | 473.86 | 498.84 | 519.66 |
| Fibonacci | 407.93 | 425.42 | 436.23 | 453.73 | 471.22 | 482.03 | 499.53 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 85.41 | 237.57 | 335.62 | 487.78 | 585.83 | 737.99 | 836.04 |
| Camarilla | 364.87 | 387.81 | 410.74 | 433.68 | 456.62 | 479.55 | 502.49 |
| Woodie | 58.37 | 224.04 | 308.58 | 474.25 | 558.79 | 724.46 | 809.00 |
| Fibonacci | 237.57 | 333.15 | 392.20 | 487.78 | 583.36 | 642.41 | 737.99 |
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): | 55.40 | |
| MACD (12,26,9): | 1.9800 | |
| Directional Movement: | 0.36 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 463.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 457.61 | |
| Elder Ray (13): | 0.24 | |
| Super Trend (3,10): | 454.17 | |
| Zig ZAG (10): | 462.16 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 63.20 | |
| TEMA (21): | 462.24 | |
| Williams %R (14): | -25.67 | |
| Chande Momentum Oscillator (20): | 1.95 | |
| Repulse (5,40,3): | 0.2700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 0.14 |
| MA7: | 448.35 | |
| MA20: | 464.69 | |
| MA50: | 498.73 | |
| MA100: | 428.68 | |
| MAexp7: | 461.40 | |
| MAexp20: | 460.17 | |
| MAexp50: | 455.11 | |
| MAexp100: | 451.05 | |
| Price / MA7: | +2.72% | |
| Price / MA20: | -0.89% | |
| Price / MA50: | -7.66% | |
| Price / MA100: | +7.43% | |
| Price / MAexp7: | -0.18% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | +1.20% | |
| Price / MAexp100: | +2.11% |
Quotes :
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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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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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