BITCOIN SV - BSV/USD

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- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	BSVUSD
ISIN:

BITCOIN SV - BSV/USD - Daily - Technical analysis published on 02/17/2021 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 218.38 USD

My targets

247.69 USD (+6.60%)

285.46 USD (+22.86%)

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 SV - BSV/USD as long as the price remains well above 218.38 USD. The buyers” bullish objective is set at 247.69 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 285.46 USD. If there is any crossing, the next objective would be the resistance located at 368.73 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

7.9

Comment on the analysis

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

The BITCOIN SV - BSV/USD price is 232.35 USD. The price is lower by -1.86% since the last closing and was between 227.71 USD and 239.43 USD. This implies that the price is at +2.04% from its lowest and at -2.96% from its highest.

227.71

239.43

232.35

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.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of BITCOIN SV - BSV/USD in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 12 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	153.88	181.28	218.38	232.35	247.69	285.46	368.73
Change (%)	-33.77%	-21.98%	-6.01%	-	+6.60%	+22.86%	+58.70%
Change	-78.47	-51.07	-13.97	-	+15.34	+53.11	+136.38
Level	Major	Intermediate	Major	-	Major	Major	Minor

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
Standard	194.62	211.04	223.89	240.31	253.16	269.58	282.43
Camarilla	228.70	231.38	234.07	236.75	239.43	242.12	244.80
Woodie	192.85	210.15	222.12	239.42	251.39	268.69	280.66
Fibonacci	211.04	222.22	229.13	240.31	251.49	258.40	269.58

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	56.90
MACD (12,26,9):	15.5600
Directional Movement:	15.88
AROON (14):	71.43
DEMA (21):	234.00
Parabolic SAR (0,02-0,02-0,2):	198.77
Elder Ray (13):	8.68
Super Trend (3,10):	193.60
Zig ZAG (10):	229.95
VORTEX (21):	1.1500
Stochastique (14,3,5):	55.28
TEMA (21):	245.37
Williams %R (14):	-49.24
Chande Momentum Oscillator (20):	42.62
Repulse (5,40,3):	-5.4000
ROCnROLL:	1
TRIX (15,9):	0.8300
Courbe Coppock:	66.68

MA7:	242.20
MA20:	206.51
MA50:	196.01
MA100:	183.41
MAexp7:	235.00
MAexp20:	216.09
MAexp50:	199.32
MAexp100:	189.35
Price / MA7:	-4.07%
Price / MA20:	+12.51%
Price / MA50:	+18.54%
Price / MA100:	+26.68%
Price / MAexp7:	-1.13%
Price / MAexp20:	+7.52%
Price / MAexp50:	+16.57%
Price / MAexp100:	+22.71%

Quotes : 2021-02-17 06:19:05 - Real time data - Cryptocompare

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

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