BITCOIN SV - BSV/USDT - 1H - Technical analysis published on 11/27/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 107.24 USDT
My targets
111.04 USDT (+2.09%)
117.22 USDT (+7.77%)
My analysis
BITCOIN SV - BSV/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 107.24 USDT. The next resistance located at 111.04 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 117.22 USDT. After this resistance, buyers could then target 134.66 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
8.2
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN SV - BSV/USDT rating is 108.77 USDT. The price has increased by +2.07% since the last closing with the lowest point at 99.22 USDT and the highest point at 109.73 USDT. The deviation from the price is +9.63% for the low point and -0.87% for the high point.99.22
109.73
108.77
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BITCOIN SV - BSV/USDT:
Technical
A technical analysis in 1H of this BITCOIN SV - BSV/USDT chart shows a strongly bullish trend. 89.29% 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 98.20 | 103.57 | 107.24 | 108.77 | 111.04 | 117.22 | 134.66 |
| Change (%) | -9.72% | -4.78% | -1.41% | - | +2.09% | +7.77% | +23.80% |
| Change | -10.57 | -5.20 | -1.53 | - | +2.27 | +8.45 | +25.89 |
| Level | Minor | Intermediate | Minor | - | Major | Minor | Intermediate |
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 | 96.40 | 99.85 | 103.21 | 106.66 | 110.02 | 113.47 | 116.83 |
| Camarilla | 104.69 | 105.31 | 105.94 | 106.56 | 107.18 | 107.81 | 108.43 |
| Woodie | 96.35 | 99.83 | 103.16 | 106.64 | 109.97 | 113.45 | 116.78 |
| Fibonacci | 99.85 | 102.46 | 104.06 | 106.66 | 109.27 | 110.87 | 113.47 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 51.67 | 69.78 | 88.77 | 106.88 | 125.87 | 143.98 | 162.97 |
| Camarilla | 97.57 | 100.97 | 104.37 | 107.77 | 111.17 | 114.57 | 117.97 |
| Woodie | 52.12 | 70.00 | 89.22 | 107.10 | 126.32 | 144.20 | 163.42 |
| Fibonacci | 69.78 | 83.95 | 92.70 | 106.88 | 121.05 | 129.80 | 143.98 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.98 | 46.84 | 87.84 | 120.70 | 161.70 | 194.56 | 235.56 |
| Camarilla | 108.52 | 115.29 | 122.06 | 128.83 | 135.60 | 142.37 | 149.14 |
| Woodie | 18.04 | 48.88 | 91.90 | 122.74 | 165.76 | 196.60 | 239.62 |
| Fibonacci | 46.84 | 75.06 | 92.49 | 120.70 | 148.92 | 166.35 | 194.56 |
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): | 60.91 | |
| MACD (12,26,9): | 0.9400 | |
| Directional Movement: | 13.32 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 107.47 | |
| Parabolic SAR (0,02-0,02-0,2): | 104.84 | |
| Elder Ray (13): | 1.73 | |
| Super Trend (3,10): | 103.92 | |
| Zig ZAG (10): | 108.84 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 89.57 | |
| TEMA (21): | 108.26 | |
| Williams %R (14): | -9.61 | |
| Chande Momentum Oscillator (20): | 8.15 | |
| Repulse (5,40,3): | 0.2900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 8.71 |
| MA7: | 103.22 | |
| MA20: | 116.63 | |
| MA50: | 114.14 | |
| MA100: | 114.35 | |
| MAexp7: | 107.84 | |
| MAexp20: | 106.48 | |
| MAexp50: | 105.53 | |
| MAexp100: | 104.79 | |
| Price / MA7: | +5.38% | |
| Price / MA20: | -6.74% | |
| Price / MA50: | -4.70% | |
| Price / MA100: | -4.88% | |
| Price / MAexp7: | +0.86% | |
| Price / MAexp20: | +2.15% | |
| Price / MAexp50: | +3.07% | |
| Price / MAexp100: | +3.80% |
This member declared not having a position on this financial instrument or a related financial instrument.
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