BITCOIN CASH - BCH/USDT - 15 min. - Technical analysis published on 01/27/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
39%
6%
56%
My opinion
Bullish above 132.89 USDT
My targets
136.01 USDT (+1.13%)
138.16 USDT (+2.73%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 132.89 USDT remains possible. It is advisable to trade BITCOIN CASH - BCH/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 132.89 USDT. The next bullish objective for buyers is set at 136.01 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 138.16 USDT. If there is any crossing, the next objective would be the resistance located at 141.28 USDT. PS: if there is a bearish break in the support located at 132.89 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
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
3.9
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Additional analysis
Quotes
The BITCOIN CASH - BCH/USDT rating is 134.49 USDT. On the day, this instrument gained +0.46% with the lowest point at 132.07 USDT and the highest point at 135.82 USDT. The deviation from the price is +1.83% for the low point and -0.98% for the high point.132.07
135.82
134.49
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 CASH - BCH/USDT:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this BITCOIN CASH - BCH/USDT chart shows a bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Moving Average bullish crossovers : AMA50 & AMA100
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators shows a slightly bullish signal.
The Central Indicators scanner found this result concerning these indicators:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
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 | 127.19 | 129.78 | 132.87 | 134.49 | 134.51 | 138.13 | 144.14 |
| Change (%) | -5.43% | -3.50% | -1.20% | - | +0.01% | +2.71% | +7.18% |
| Change | -7.30 | -4.71 | -1.62 | - | +0.02 | +3.64 | +9.65 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | 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 | 125.47 | 127.62 | 130.74 | 132.89 | 136.01 | 138.16 | 141.28 |
| Camarilla | 132.42 | 132.90 | 133.39 | 133.87 | 134.35 | 134.84 | 135.32 |
| Woodie | 125.97 | 127.86 | 131.24 | 133.13 | 136.51 | 138.40 | 141.78 |
| Fibonacci | 127.62 | 129.63 | 130.87 | 132.89 | 134.90 | 136.14 | 138.16 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 101.53 | 109.18 | 118.56 | 126.21 | 135.59 | 143.24 | 152.62 |
| Camarilla | 123.25 | 124.81 | 126.37 | 127.93 | 129.49 | 131.05 | 132.61 |
| Woodie | 102.39 | 109.61 | 119.42 | 126.64 | 136.45 | 143.67 | 153.48 |
| Fibonacci | 109.18 | 115.69 | 119.71 | 126.21 | 132.72 | 136.74 | 143.24 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 73.74 | 84.50 | 90.79 | 101.55 | 107.84 | 118.60 | 124.89 |
| Camarilla | 92.38 | 93.94 | 95.51 | 97.07 | 98.63 | 100.20 | 101.76 |
| Woodie | 71.50 | 83.38 | 88.55 | 100.43 | 105.60 | 117.48 | 122.65 |
| Fibonacci | 84.50 | 91.02 | 95.04 | 101.55 | 108.07 | 112.09 | 118.60 |
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): | 50.04 | |
| MACD (12,26,9): | 0.0900 | |
| Directional Movement: | 5.12 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 135.05 | |
| Parabolic SAR (0,02-0,02-0,2): | 134.25 | |
| Elder Ray (13): | -0.06 | |
| Super Trend (3,10): | 133.99 | |
| Zig ZAG (10): | 134.93 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 64.65 | |
| TEMA (21): | 134.95 | |
| Williams %R (14): | -44.70 | |
| Chande Momentum Oscillator (20): | 0.21 | |
| Repulse (5,40,3): | 0.1000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.03 |
| MA7: | 131.21 | |
| MA20: | 122.84 | |
| MA50: | 110.51 | |
| MA100: | 110.30 | |
| MAexp7: | 134.85 | |
| MAexp20: | 134.88 | |
| MAexp50: | 134.51 | |
| MAexp100: | 133.81 | |
| Price / MA7: | +2.50% | |
| Price / MA20: | +9.48% | |
| Price / MA50: | +21.70% | |
| Price / MA100: | +21.93% | |
| Price / MAexp7: | -0.27% | |
| Price / MAexp20: | -0.30% | |
| Price / MAexp50: | -0.02% | |
| Price / MAexp100: | +0.50% |
Quotes :
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Real time data
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Cryptocompare
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