BITCOIN SV - BSV/USD - 1H - Technical analysis published on 06/13/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 184.02 USD
My targets
180.85 USD (-0.60%)
177.02 USD (-2.71%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BITCOIN SV - BSV/USD as long as the price remains well below 184.02 USD. The sellers” bearish objective is set at 180.85 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 177.02 USD. In case of crossing, the next objective would be the support located at 146.40 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
5
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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
BITCOIN SV - BSV/USD rating 181.95 USD. The price is lower by -0.09% since the last closing and was traded between 180.46 USD and 182.91 USD over the period. The price is currently at +0.83% from its lowest and -0.52% from its highest.180.46
182.91
181.95
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of BITCOIN SV - BSV/USD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, only 8 technical indicators out of 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 146.40 | 177.02 | 180.85 | 181.95 | 184.02 | 188.46 | 193.13 |
Change (%) | -19.54% | -2.71% | -0.60% | - | +1.14% | +3.58% | +6.14% |
Change | -35.55 | -4.93 | -1.10 | - | +2.07 | +6.51 | +11.18 |
Level | Minor | Intermediate | Major | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 174.16 | 176.52 | 179.31 | 181.67 | 184.46 | 186.82 | 189.61 |
Camarilla | 180.69 | 181.17 | 181.64 | 182.11 | 182.58 | 183.05 | 183.53 |
Woodie | 174.39 | 176.63 | 179.54 | 181.78 | 184.69 | 186.93 | 189.84 |
Fibonacci | 176.52 | 178.48 | 179.70 | 181.67 | 183.63 | 184.85 | 186.82 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 170.38 | 180.34 | 187.38 | 197.34 | 204.38 | 214.34 | 221.38 |
Camarilla | 189.74 | 191.29 | 192.85 | 194.41 | 195.97 | 197.53 | 199.09 |
Woodie | 168.91 | 179.61 | 185.91 | 196.61 | 202.91 | 213.61 | 219.91 |
Fibonacci | 180.34 | 186.84 | 190.85 | 197.34 | 203.84 | 207.85 | 214.34 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 121.08 | 146.04 | 169.21 | 194.17 | 217.34 | 242.30 | 265.47 |
Camarilla | 179.13 | 183.55 | 187.96 | 192.37 | 196.78 | 201.19 | 205.61 |
Woodie | 120.18 | 145.59 | 168.31 | 193.72 | 216.44 | 241.85 | 264.57 |
Fibonacci | 146.04 | 164.43 | 175.79 | 194.17 | 212.56 | 223.92 | 242.30 |
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): | 45.70 | |
MACD (12,26,9): | -0.4600 | |
Directional Movement: | -7.35 | |
AROON (14): | 35.71 | |
DEMA (21): | 181.25 | |
Parabolic SAR (0,02-0,02-0,2): | 180.52 | |
Elder Ray (13): | 0.03 | |
Super Trend (3,10): | 184.65 | |
Zig ZAG (10): | 181.74 | |
VORTEX (21): | 0.9800 | |
Stochastique (14,3,5): | 45.61 | |
TEMA (21): | 181.77 | |
Williams %R (14): | -57.82 | |
Chande Momentum Oscillator (20): | -0.72 | |
Repulse (5,40,3): | 0.1400 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0400 | |
Courbe Coppock: | 0.44 |
MA7: | 187.51 | |
MA20: | 191.06 | |
MA50: | 195.42 | |
MA100: | 185.45 | |
MAexp7: | 181.72 | |
MAexp20: | 181.98 | |
MAexp50: | 183.65 | |
MAexp100: | 186.12 | |
Price / MA7: | -2.97% | |
Price / MA20: | -4.77% | |
Price / MA50: | -6.89% | |
Price / MA100: | -1.89% | |
Price / MAexp7: | +0.13% | |
Price / MAexp20: | -0.02% | |
Price / MAexp50: | -0.93% | |
Price / MAexp100: | -2.24% |
Quotes :
2020-06-13 07:23:27
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Real time data
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Cryptocompare
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