BITCOIN CASH - BCH/USD - 15 min. - Technical analysis published on 03/16/2023 (GMT)
- 125
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
83%
0%
17%
My opinion
Bullish above 125.35 USD
My targets
126.71 USD (+0.99%)
131.11 USD (+4.50%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for BITCOIN CASH - BCH/USD as long as the price remains well above 125.35 USD. The buyers' bullish objective is set at 126.71 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 131.11 USD. If there is any crossing, the next objective would be the resistance located at 138.65 USD.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.8
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 Henry07. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN CASH - BCH/USD price is 125.47 USD. The price has increased by +1.54% since the last closing with the lowest point at 122.76 USD and the highest point at 125.63 USD. The deviation from the price is +2.21% for the low point and -0.13% for the high point.122.76
125.63
125.47
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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:
Technical
A technical analysis in 15 min. of this BITCOIN CASH - BCH/USD chart shows a neutral trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 112.07 | 116.58 | 122.60 | 125.47 | 126.15 | 128.75 | 133.52 |
| Change (%) | -10.68% | -7.09% | -2.29% | - | +0.54% | +2.61% | +6.42% |
| Change | -13.40 | -8.89 | -2.87 | - | +0.68 | +3.28 | +8.05 |
| Level | Intermediate | Intermediate | Major | - | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 107.23 | 114.77 | 119.17 | 126.71 | 131.11 | 138.65 | 143.05 |
| Camarilla | 120.29 | 121.38 | 122.48 | 123.57 | 124.67 | 125.76 | 126.85 |
| Woodie | 105.66 | 113.99 | 117.60 | 125.93 | 129.54 | 137.87 | 141.48 |
| Fibonacci | 114.77 | 119.33 | 122.15 | 126.71 | 131.27 | 134.09 | 138.65 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 83.39 | 94.34 | 104.37 | 115.32 | 125.35 | 136.30 | 146.33 |
| Camarilla | 108.62 | 110.54 | 112.47 | 114.39 | 116.31 | 118.24 | 120.16 |
| Woodie | 82.92 | 94.11 | 103.90 | 115.09 | 124.88 | 136.07 | 145.86 |
| Fibonacci | 94.34 | 102.36 | 107.31 | 115.32 | 123.34 | 128.29 | 136.30 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 84.72 | 102.34 | 118.66 | 136.28 | 152.60 | 170.22 | 186.54 |
| Camarilla | 125.64 | 128.75 | 131.86 | 134.97 | 138.08 | 141.19 | 144.30 |
| Woodie | 84.06 | 102.02 | 118.00 | 135.96 | 151.94 | 169.90 | 185.88 |
| Fibonacci | 102.34 | 115.31 | 123.32 | 136.28 | 149.25 | 157.26 | 170.22 |
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): | 56.74 | |
| MACD (12,26,9): | 0.1000 | |
| Directional Movement: | 9.40 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 124.12 | |
| Parabolic SAR (0,02-0,02-0,2): | 122.92 | |
| Elder Ray (13): | 0.56 | |
| Super Trend (3,10): | 123.30 | |
| Zig ZAG (10): | 124.75 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 87.57 | |
| TEMA (21): | 124.50 | |
| Williams %R (14): | -0.47 | |
| Chande Momentum Oscillator (20): | 1.49 | |
| Repulse (5,40,3): | 0.9300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.57 |
| MA7: | 122.04 | |
| MA20: | 125.26 | |
| MA50: | 130.25 | |
| MA100: | 119.91 | |
| MAexp7: | 124.36 | |
| MAexp20: | 123.99 | |
| MAexp50: | 124.52 | |
| MAexp100: | 125.95 | |
| Price / MA7: | +2.81% | |
| Price / MA20: | +0.17% | |
| Price / MA50: | -3.67% | |
| Price / MA100: | +4.64% | |
| Price / MAexp7: | +0.89% | |
| Price / MAexp20: | +1.19% | |
| Price / MAexp50: | +0.76% | |
| Price / MAexp100: | -0.38% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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 CASH - BCH/USD - 15 min.