BITCOIN SV - BSV/USDT
BITCOIN SV - BSV/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: BSVUSDT
ISIN:

BITCOIN SV - BSV/USDT - 1H - Technical analysis published on 12/30/2019 (GMT)

  • 183
  • 0
  • Who voted?
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Slightly bullish
Technical indicators
11%
44%
44%
My opinion
Bearish under 104.95 USDT
My targets
91.61 USDT (-4.90%)
88.85 USDT (-7.76%)
My analysis
The strong short-term decline in BITCOIN SV - BSV/USDT calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 104.95 USDT, one could consider taking advantage of the short-term movement. The first bearish objective is located at 91.61 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 88.85 USDT as an objective. Crossing it would then enable sellers to target 85.43 USDT. Be careful, a return to above 104.95 USDT could jeopardize the reversal.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
1.4

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The BITCOIN SV - BSV/USDT price is 96.33 USDT. The price is lower by -3.81% since the last closing with the lowest point at 93.82 USDT and the highest point at 113.03 USDT. The deviation from the price is +2.68% for the low point and -14.77% for the high point.

93.82
113.03
96.33

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.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



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

Technical


A technical analysis in 1H of this BITCOIN SV - BSV/USDT chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



In fact, only 8 technical indicators out of 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour



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

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish harami cross

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 85.43 88.85 91.61 96.33 105.34 110.02 141.12
Change (%) -11.32% -7.76% -4.90% - +9.35% +14.21% +46.50%
Change -10.90 -7.48 -4.72 - +9.01 +13.69 +44.79
Level Intermediate Minor Intermediate - Minor Intermediate Intermediate



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
Standard86.1889.4394.7998.04103.40106.65112.01
Camarilla97.7798.5699.35100.14100.93101.72102.51
Woodie87.2389.9695.8498.57104.45107.18113.06
Fibonacci89.4392.7294.7598.04101.33103.36106.65


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard62.3973.2283.6794.50104.95115.78126.23
Camarilla88.2690.2192.1694.1196.0698.0199.96
Woodie62.1973.1383.4794.41104.75115.69126.03
Fibonacci73.2281.3586.3794.50102.63107.65115.78


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard27.9557.9282.66112.63137.37167.34192.08
Camarilla92.3797.38102.40107.41112.43117.44122.46
Woodie25.3556.6180.06111.32134.77166.03189.48
Fibonacci57.9278.8291.73112.63133.53146.44167.34

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 42.81
MACD (12,26,9): 0.1500
Directional Movement: 21.03
AROON (14): -21.43
DEMA (21): 98.64
Parabolic SAR (0,02-0,02-0,2): 112.67
Elder Ray (13): -2.82
Super Trend (3,10): 103.08
Zig ZAG (10): 96.49
VORTEX (21): 0.9000
Stochastique (14,3,5): 8.19
TEMA (21): 97.79
Williams %R (14): -86.10
Chande Momentum Oscillator (20): -2.93
Repulse (5,40,3): -3.7300
ROCnROLL: -1
TRIX (15,9): 0.1000
Courbe Coppock: 2.92
MA7: 91.85
MA20: 89.74
MA50: 100.61
MA100: 102.82
MAexp7: 98.76
MAexp20: 98.14
MAexp50: 96.63
MAexp100: 94.13
Price / MA7: +4.88%
Price / MA20: +7.34%
Price / MA50: -4.25%
Price / MA100: -6.31%
Price / MAexp7: -2.46%
Price / MAexp20: -1.84%
Price / MAexp50: -0.31%
Price / MAexp100: +2.34%

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

About author

Online

Overall rating :
15925
Number of analyses :
Followers :
0
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/USDT - 1H