BITCOIN SV - BSV/USD - 1H - Technical analysis published on 02/14/2021 (GMT)
- 218
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 247.69 USD
My targets
280.52 USD (+5.11%)
285.46 USD (+6.96%)
My analysis
The basic bullish trend is very strong on BITCOIN SV - BSV/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 247.69 USD. Crossing the first resistance at 280.52 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 285.46 USD as an objective. Crossing it would then enable buyers to target 368.73 USD. Caution, a return to below 247.69 USD would be a sign of a consolidation phase in 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 bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7
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 teodorassenov69. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BITCOIN SV - BSV/USD rating 266.88 USD. On the day, this instrument gained +0.23% with the lowest point at 246.59 USD and the highest point at 284.70 USD. The deviation from the price is +8.23% for the low point and -6.26% for the high point.246.59
284.70
266.88
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
Here is a more detailed summary of the historical variations registered by BITCOIN SV - BSV/USD:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this BITCOIN SV - BSV/USD chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 229.73 | 235.67 | 247.69 | 266.88 | 285.46 | 368.73 | 424.46 |
| Change (%) | -13.92% | -11.69% | -7.19% | - | +6.96% | +38.16% | +59.05% |
| Change | -37.15 | -31.21 | -19.19 | - | +18.58 | +101.85 | +157.58 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 191.66 | 207.47 | 236.87 | 252.68 | 282.08 | 297.89 | 327.29 |
| Camarilla | 253.84 | 257.98 | 262.13 | 266.27 | 270.41 | 274.56 | 278.70 |
| Woodie | 198.46 | 210.87 | 243.67 | 256.08 | 288.88 | 301.29 | 334.09 |
| Fibonacci | 207.47 | 224.74 | 235.41 | 252.68 | 269.95 | 280.62 | 297.89 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 116.84 | 147.62 | 206.94 | 237.72 | 297.04 | 327.82 | 387.14 |
| Camarilla | 241.49 | 249.75 | 258.01 | 266.27 | 274.53 | 282.79 | 291.05 |
| Woodie | 131.12 | 154.76 | 221.22 | 244.86 | 311.32 | 334.96 | 401.42 |
| Fibonacci | 147.62 | 182.04 | 203.30 | 237.72 | 272.14 | 293.40 | 327.82 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -59.30 | 47.35 | 110.61 | 217.26 | 280.52 | 387.17 | 450.43 |
| Camarilla | 127.16 | 142.73 | 158.31 | 173.88 | 189.46 | 205.03 | 220.61 |
| Woodie | -80.99 | 36.50 | 88.93 | 206.41 | 258.84 | 376.32 | 428.75 |
| Fibonacci | 47.35 | 112.25 | 152.35 | 217.26 | 282.16 | 322.26 | 387.17 |
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): | 52.68 | |
| MACD (12,26,9): | 0.3600 | |
| Directional Movement: | 4.83 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 261.69 | |
| Parabolic SAR (0,02-0,02-0,2): | 246.93 | |
| Elder Ray (13): | 2.02 | |
| Super Trend (3,10): | 276.02 | |
| Zig ZAG (10): | 263.54 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 52.10 | |
| TEMA (21): | 257.92 | |
| Williams %R (14): | -30.84 | |
| Chande Momentum Oscillator (20): | -0.39 | |
| Repulse (5,40,3): | 4.8300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 8.17 |
| MA7: | 231.31 | |
| MA20: | 196.60 | |
| MA50: | 191.87 | |
| MA100: | 181.24 | |
| MAexp7: | 257.02 | |
| MAexp20: | 260.00 | |
| MAexp50: | 253.07 | |
| MAexp100: | 240.96 | |
| Price / MA7: | +15.38% | |
| Price / MA20: | +35.75% | |
| Price / MA50: | +39.09% | |
| Price / MA100: | +47.25% | |
| Price / MAexp7: | +3.84% | |
| Price / MAexp20: | +2.65% | |
| Price / MAexp50: | +5.46% | |
| Price / MAexp100: | +10.76% |
Quotes :
2021-02-14 22:12:47
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis BITCOIN SV - BSV/USD - 1H