BITCOIN SV - BSV/USD - 1H - Technical analysis published on 05/08/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
28%
22%
50%
My opinion
Bullish above 207.82 USD
My targets
213.42 USD (+1.61%)
218.38 USD (+3.97%)
My analysis
The bullish trend is currently very strong on BITCOIN SV - BSV/USD. As long as the price remains above the support at 207.82 USD, you could try to benefit from the boom. The first bullish objective is located at 213.42 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 218.38 USD as an objective. Crossing it would then enable buyers to target 230.00 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
6.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN SV - BSV/USD price is 210.04 USD. The price is lower by +1.01% since the last closing and was traded between 206.33 USD and 214.10 USD over the period. The price is currently at +1.80% from its lowest and -1.90% from its highest.206.33
214.10
210.04
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 SV - BSV/USD:
Technical
A technical analysis in 1H of this BITCOIN SV - BSV/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 9 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 200.71 | 203.66 | 207.82 | 210.04 | 213.42 | 218.38 | 230.00 |
| Change (%) | -4.44% | -3.04% | -1.06% | - | +1.61% | +3.97% | +9.50% |
| Change | -9.33 | -6.38 | -2.22 | - | +3.38 | +8.34 | +19.96 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 186.47 | 191.74 | 199.84 | 205.11 | 213.21 | 218.48 | 226.58 |
| Camarilla | 204.27 | 205.50 | 206.72 | 207.95 | 209.18 | 210.40 | 211.63 |
| Woodie | 187.90 | 192.45 | 201.27 | 205.82 | 214.64 | 219.19 | 228.01 |
| Fibonacci | 191.74 | 196.84 | 200.00 | 205.11 | 210.21 | 213.37 | 218.48 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 153.90 | 172.50 | 192.79 | 211.39 | 231.68 | 250.28 | 270.57 |
| Camarilla | 202.38 | 205.94 | 209.51 | 213.07 | 216.64 | 220.20 | 223.77 |
| Woodie | 154.74 | 172.92 | 193.63 | 211.81 | 232.52 | 250.70 | 271.41 |
| Fibonacci | 172.50 | 187.36 | 196.54 | 211.39 | 226.25 | 235.43 | 250.28 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 95.77 | 127.08 | 167.38 | 198.69 | 238.99 | 270.30 | 310.60 |
| Camarilla | 187.99 | 194.55 | 201.12 | 207.68 | 214.24 | 220.81 | 227.37 |
| Woodie | 100.27 | 129.33 | 171.88 | 200.94 | 243.49 | 272.55 | 315.10 |
| Fibonacci | 127.08 | 154.44 | 171.34 | 198.69 | 226.05 | 242.95 | 270.30 |
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): | 51.92 | |
| MACD (12,26,9): | 0.5200 | |
| Directional Movement: | 4.82 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 209.17 | |
| Parabolic SAR (0,02-0,02-0,2): | 212.81 | |
| Elder Ray (13): | 0.60 | |
| Super Trend (3,10): | 203.43 | |
| Zig ZAG (10): | 209.25 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 36.11 | |
| TEMA (21): | 209.26 | |
| Williams %R (14): | -51.71 | |
| Chande Momentum Oscillator (20): | -1.72 | |
| Repulse (5,40,3): | 0.3000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 1.28 |
| MA7: | 207.36 | |
| MA20: | 200.23 | |
| MA50: | 187.82 | |
| MA100: | 220.27 | |
| MAexp7: | 208.91 | |
| MAexp20: | 208.40 | |
| MAexp50: | 207.37 | |
| MAexp100: | 206.84 | |
| Price / MA7: | +1.29% | |
| Price / MA20: | +4.90% | |
| Price / MA50: | +11.83% | |
| Price / MA100: | -4.64% | |
| Price / MAexp7: | +0.54% | |
| Price / MAexp20: | +0.79% | |
| Price / MAexp50: | +1.29% | |
| Price / MAexp100: | +1.55% |
This member declared not having a position on this financial instrument or a related financial instrument.
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