BITCOIN CASH - BCH/USDT - 1H - Technical analysis published on 12/06/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bearish
Technical indicators
50%
22%
28%
My opinion
Neutral between 205.24 USDT and 214.12 USDT
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 205.24 USDT. The first resistance is located at 214.12 USDT. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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:
Additional analysis
Quotes
The BITCOIN CASH - BCH/USDT price is 210.91 USDT. The price registered a decrease of -0.32% on the session with the lowest point at 209.27 USDT and the highest point at 213.30 USDT. The deviation from the price is +0.78% for the low point and -1.12% for the high point.209.27
213.30
210.91
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 CASH - BCH/USDT:
Technical
Technical analysis of BITCOIN CASH - BCH/USDT in 1H shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. An assessment of moving averages reveals several bearish and bullish signals:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 9 are bullish, 5 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
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 a result that can have an impact on the price change:
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 202.82 | 205.24 | 210.91 | 211.39 | 214.12 | 216.49 |
| Change (%) | -3.84% | -2.69% | - | +0.23% | +1.52% | +2.65% |
| Change | -8.09 | -5.67 | - | +0.48 | +3.21 | +5.58 |
| Level | Intermediate | Minor | - | Intermediate | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 197.63 | 201.44 | 206.51 | 210.32 | 215.39 | 219.20 | 224.27 |
| Camarilla | 209.15 | 209.96 | 210.78 | 211.59 | 212.40 | 213.22 | 214.03 |
| Woodie | 198.27 | 201.76 | 207.15 | 210.64 | 216.03 | 219.52 | 224.91 |
| Fibonacci | 201.44 | 204.83 | 206.93 | 210.32 | 213.71 | 215.81 | 219.20 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 163.06 | 177.38 | 197.37 | 211.69 | 231.68 | 246.00 | 265.99 |
| Camarilla | 207.93 | 211.07 | 214.22 | 217.36 | 220.51 | 223.65 | 226.80 |
| Woodie | 165.90 | 178.80 | 200.21 | 213.11 | 234.52 | 247.42 | 268.83 |
| Fibonacci | 177.38 | 190.49 | 198.58 | 211.69 | 224.80 | 232.89 | 246.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 54.71 | 123.21 | 170.28 | 238.78 | 285.85 | 354.35 | 401.42 |
| Camarilla | 185.58 | 196.17 | 206.77 | 217.36 | 227.95 | 238.55 | 249.14 |
| Woodie | 44.01 | 117.85 | 159.58 | 233.42 | 275.15 | 348.99 | 390.72 |
| Fibonacci | 123.21 | 167.35 | 194.63 | 238.78 | 282.92 | 310.20 | 354.35 |
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): | 52.01 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | 2.45 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 211.15 | |
| Parabolic SAR (0,02-0,02-0,2): | 213.14 | |
| Elder Ray (13): | 0.36 | |
| Super Trend (3,10): | 206.78 | |
| Zig ZAG (10): | 211.45 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 45.51 | |
| TEMA (21): | 210.87 | |
| Williams %R (14): | -39.95 | |
| Chande Momentum Oscillator (20): | -1.05 | |
| Repulse (5,40,3): | 0.3100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 1.09 |
| MA7: | 212.54 | |
| MA20: | 220.80 | |
| MA50: | 248.06 | |
| MA100: | 255.80 | |
| MAexp7: | 210.86 | |
| MAexp20: | 211.04 | |
| MAexp50: | 210.90 | |
| MAexp100: | 211.45 | |
| Price / MA7: | -0.77% | |
| Price / MA20: | -4.48% | |
| Price / MA50: | -14.98% | |
| Price / MA100: | -17.55% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | -0.06% | |
| Price / MAexp50: | +0.00% | |
| Price / MAexp100: | -0.26% |
This member declared not having a position on this financial instrument or a related financial instrument.
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