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BITCOIN CASH - BCH/USDT
BITCOIN CASH - BCH/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: BCHUSDT
ISIN:

BITCOIN CASH - BCH/USDT - 1H - Technical analysis published on 04/16/2021 (GMT)

  • 251
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : WITHOUT TARGET

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 903.53 USDT
My targets
-
My analysis
BITCOIN CASH - BCH/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 903.53 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
8.6

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.

teodorassenov69
This analysis was given by teodorassenov69. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The BITCOIN CASH - BCH/USDT price is 1,080.39 USDT. The price registered an increase of +24.98% on the session with the lowest point at 827.99 USDT and the highest point at 1,086.27 USDT. The deviation from the price is +30.48% for the low point and -0.54% for the high point.

827.99
1,086.27
1,080.39

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this BITCOIN CASH - BCH/USDT chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour


Resistance of triangle is broken

Type : Bullish

Timeframe : 1 hour



The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:

Central Candlesticks

White marubozu

Type : Bullish

Timeframe : 1 hour


Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 721.40 799.63 869.58 1,080.39
Change (%) -33.23% -25.99% -19.51% -
Change -358.99 -280.76 -210.81 -
Level Major Intermediate 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
Standard740.77770.02817.23846.48893.69922.94970.15
Camarilla843.41850.42857.43864.44871.45878.46885.47
Woodie749.75774.51826.21850.97902.67927.43979.13
Fibonacci770.02799.23817.27846.48875.69893.73922.94


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard399.86462.60567.75630.49735.64798.38903.53
Camarilla626.73642.12657.51672.90688.29703.68719.07
Woodie421.07473.20588.96641.09756.85808.98924.74
Fibonacci462.60526.73566.36630.49694.62734.25798.38


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard302.71377.35459.23533.87615.75690.39772.27
Camarilla498.06512.41526.75541.10555.45569.80584.14
Woodie306.32379.16462.84535.68619.36692.20775.88
Fibonacci377.35437.14474.08533.87593.66630.60690.39

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): 72.85
MACD (12,26,9): 31.3800
Directional Movement: 29.70
AROON (14): 21.43
DEMA (21): 946.94
Parabolic SAR (0,02-0,02-0,2): 831.68
Elder Ray (13): 115.29
Super Trend (3,10): 895.95
Zig ZAG (10): 1,069.89
VORTEX (21): 1.1800
Stochastique (14,3,5): 76.31
TEMA (21): 958.36
Williams %R (14): -0.83
Chande Momentum Oscillator (20): 186.07
Repulse (5,40,3): 21.3400
ROCnROLL: 1
TRIX (15,9): 0.3500
Courbe Coppock: 9.16
MA7: 790.14
MA20: 652.44
MA50: 571.44
MA100: 543.20
MAexp7: 950.91
MAexp20: 909.47
MAexp50: 862.65
MAexp100: 812.60
Price / MA7: +36.73%
Price / MA20: +65.59%
Price / MA50: +89.06%
Price / MA100: +98.89%
Price / MAexp7: +13.62%
Price / MAexp20: +18.79%
Price / MAexp50: +25.24%
Price / MAexp100: +32.95%

Quotes : - Real time data - Cryptocompare

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

About author

Londinia
Londinia AI

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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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