BITCOIN SV - BSV/USD - 1H - Technical analysis published on 08/27/2022 (GMT)
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- Timeframe : 1H
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 52.34 USD
My targets
51.07 USD (-1.81%)
48.92 USD (-5.94%)
My analysis
The bearish basic trend is very strong on BITCOIN SV - BSV/USD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 52.34 USD. Crossing the first support at 51.07 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 48.92 USD as an objective. Caution, a return to above the resistance located at 52.34 USD would be a sign of a possible consolidation phase of 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.4
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Additional analysis
Quotes
The BITCOIN SV - BSV/USD price is 52.01 USD. On the day, this instrument lost -0.06% and was traded between 51.07 USD and 52.72 USD over the period. The price is currently at +1.84% from its lowest and -1.35% from its highest.51.07
52.72
52.01
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of BITCOIN SV - BSV/USD in 1H shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish 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, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 6 are neutral and 7 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 48.92 | 51.07 | 52.01 | 52.34 | 53.96 | 54.89 |
| Change (%) | -5.94% | -1.81% | - | +0.63% | +3.75% | +5.54% |
| Change | -3.09 | -0.94 | - | +0.33 | +1.95 | +2.88 |
| Level | Major | Intermediate | - | Minor | Intermediate | Major |
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 | 46.57 | 49.11 | 50.57 | 53.11 | 54.57 | 57.11 | 58.57 |
| Camarilla | 50.94 | 51.31 | 51.67 | 52.04 | 52.41 | 52.77 | 53.14 |
| Woodie | 46.04 | 48.84 | 50.04 | 52.84 | 54.04 | 56.84 | 58.04 |
| Fibonacci | 49.11 | 50.64 | 51.58 | 53.11 | 54.64 | 55.58 | 57.11 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.43 | 42.73 | 47.86 | 56.16 | 61.29 | 69.59 | 74.72 |
| Camarilla | 49.31 | 50.54 | 51.77 | 53.00 | 54.23 | 55.46 | 56.69 |
| Woodie | 32.86 | 41.94 | 46.29 | 55.37 | 59.72 | 68.80 | 73.15 |
| Fibonacci | 42.73 | 47.86 | 51.03 | 56.16 | 61.29 | 64.46 | 69.59 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31.57 | 40.14 | 50.60 | 59.17 | 69.63 | 78.20 | 88.66 |
| Camarilla | 55.82 | 57.56 | 59.31 | 61.05 | 62.79 | 64.54 | 66.28 |
| Woodie | 32.51 | 40.61 | 51.54 | 59.64 | 70.57 | 78.67 | 89.60 |
| Fibonacci | 40.14 | 47.41 | 51.90 | 59.17 | 66.44 | 70.93 | 78.20 |
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): | 40.06 | |
| MACD (12,26,9): | -0.4200 | |
| Directional Movement: | -9.74 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 51.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 52.34 | |
| Elder Ray (13): | -0.23 | |
| Super Trend (3,10): | 53.33 | |
| Zig ZAG (10): | 51.73 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 40.20 | |
| TEMA (21): | 51.53 | |
| Williams %R (14): | -65.45 | |
| Chande Momentum Oscillator (20): | -0.33 | |
| Repulse (5,40,3): | 0.3100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1300 | |
| Courbe Coppock: | 1.76 |
| MA7: | 54.44 | |
| MA20: | 58.03 | |
| MA50: | 57.67 | |
| MA100: | 56.44 | |
| MAexp7: | 51.70 | |
| MAexp20: | 52.04 | |
| MAexp50: | 52.92 | |
| MAexp100: | 53.78 | |
| Price / MA7: | -4.46% | |
| Price / MA20: | -10.37% | |
| Price / MA50: | -9.81% | |
| Price / MA100: | -7.85% | |
| Price / MAexp7: | +0.60% | |
| Price / MAexp20: | -0.06% | |
| Price / MAexp50: | -1.72% | |
| Price / MAexp100: | -3.29% |
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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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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