BITCOIN SV - BSV/USD
BITCOIN SV - BSV/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: BSVUSD
ISIN:

BITCOIN SV - BSV/USD - 1H - Technical analysis published on 06/30/2020 (GMT)

  • Who voted?
  • 121
  • 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Bearish
De fond: Strongly bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 162.06 USD
My targets
156.10 USD (-1.17%)
151.30 USD (-4.21%)
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 162.06 USD. The next bearish objective for sellers is set at 156.10 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 151.30 USD. If there is any crossing, the next objective would be the support located at 146.40 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.6

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:
15 min. Daily Weekly

Additional analysis

Quotes

The BITCOIN SV - BSV/USD rating is 157.95 USD. On the day, this instrument lost -0.89% with the lowest point at 156.32 USD and the highest point at 159.81 USD. The deviation from the price is +1.04% for the low point and -1.16% for the high point.

156.32
159.81
157.95

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of this 1H chart of BITCOIN SV - BSV/USD indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Support of channel 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


S3S2S1PriceR1R2R3
ProTrendLines 146.40 151.30 156.10 157.95 162.06 167.04 173.71
Change (%) -7.31% -4.21% -1.17% - +2.60% +5.75% +9.98%
Change -11.55 -6.65 -1.85 - +4.11 +9.09 +15.76
Level Minor Minor Major - Minor Minor Minor



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
Standard149.96152.98156.17159.19162.38165.40168.59
Camarilla157.65158.22158.79159.36159.93160.50161.07
Woodie150.05153.02156.26159.23162.47165.44168.68
Fibonacci152.98155.35156.82159.19161.56163.03165.40


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard96.94118.90137.13159.09177.32199.28217.51
Camarilla144.31147.99151.68155.36159.04162.73166.41
Woodie95.08117.97135.27158.16175.46198.35215.65
Fibonacci118.90134.25143.74159.09174.44183.93199.28


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard121.08146.04169.21194.17217.34242.30265.47
Camarilla179.13183.55187.96192.37196.78201.19205.61
Woodie120.18145.59168.31193.72216.44241.85264.57
Fibonacci146.04164.43175.79194.17212.56223.92242.30

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): 50.29
MACD (12,26,9): -0.0900
Directional Movement: 3.50
AROON (14): -57.14
DEMA (21): 158.34
Parabolic SAR (0,02-0,02-0,2): 160.01
Elder Ray (13): 0.19
Super Trend (3,10): 156.16
Zig ZAG (10): 158.51
VORTEX (21): 1.0100
Stochastique (14,3,5): 51.54
TEMA (21): 158.36
Williams %R (14): -52.60
Chande Momentum Oscillator (20): -0.49
Repulse (5,40,3): -0.3600
ROCnROLL: -1
TRIX (15,9): 0.0000
Courbe Coppock: 0.40
MA7: 165.24
MA20: 173.29
MA50: 184.85
MA100: 186.98
MAexp7: 158.26
MAexp20: 158.39
MAexp50: 158.98
MAexp100: 161.35
Price / MA7: -4.41%
Price / MA20: -8.85%
Price / MA50: -14.55%
Price / MA100: -15.53%
Price / MAexp7: -0.20%
Price / MAexp20: -0.28%
Price / MAexp50: -0.65%
Price / MAexp100: -2.11%

Quotes : 2020-06-30 08:47:30 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15106
Number of analyses :
Followers :
0
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

no pic

Comments

0 comments on the analysis BITCOIN SV - BSV/USD - 1H