BITCOIN SV - BSV/USD - 1H - Technical analysis published on 01/16/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 209.44 USD
My targets
216.68 USD (+2.81%)
225.41 USD (+6.96%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on BITCOIN SV - BSV/USD as long as the price remains well above 209.44 USD. The buyers” bullish objective is set at 216.68 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 225.41 USD. If there is any crossing, the next objective would be the resistance located at 247.69 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.5
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This analysis was given by teodorassenov69. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN SV - BSV/USD rating is 210.75 USD. The price registered an increase of +1.03% on the session and was traded between 200.51 USD and 214.08 USD over the period. The price is currently at +5.11% from its lowest and -1.56% from its highest.200.51
214.08
210.75
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:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of BITCOIN SV - BSV/USD indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
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 : 1 hour
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 scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 162.91 | 183.03 | 209.44 | 210.75 | 225.41 | 247.69 | 265.64 |
| Change (%) | -22.70% | -13.15% | -0.62% | - | +6.96% | +17.53% | +26.05% |
| Change | -47.84 | -27.72 | -1.31 | - | +14.66 | +36.94 | +54.89 |
| Level | Intermediate | Intermediate | Major | - | Minor | Major | 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 | 159.17 | 174.86 | 191.73 | 207.42 | 224.29 | 239.98 | 256.85 |
| Camarilla | 199.66 | 202.64 | 205.63 | 208.61 | 211.60 | 214.58 | 217.56 |
| Woodie | 159.77 | 175.16 | 192.33 | 207.72 | 224.89 | 240.28 | 257.45 |
| Fibonacci | 174.86 | 187.30 | 194.98 | 207.42 | 219.86 | 227.54 | 239.98 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.09 | 84.54 | 185.00 | 254.45 | 354.91 | 424.36 | 524.82 |
| Camarilla | 238.74 | 254.31 | 269.89 | 285.46 | 301.04 | 316.61 | 332.19 |
| Woodie | 30.60 | 92.29 | 200.51 | 262.20 | 370.42 | 432.11 | 540.33 |
| Fibonacci | 84.54 | 149.45 | 189.54 | 254.45 | 319.36 | 359.45 | 424.36 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 97.41 | 124.00 | 143.75 | 170.34 | 190.09 | 216.68 | 236.43 |
| Camarilla | 150.76 | 155.00 | 159.25 | 163.50 | 167.75 | 172.00 | 176.24 |
| Woodie | 93.99 | 122.29 | 140.33 | 168.63 | 186.67 | 214.97 | 233.01 |
| Fibonacci | 124.00 | 141.70 | 152.64 | 170.34 | 188.04 | 198.98 | 216.68 |
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): | 55.15 | |
| MACD (12,26,9): | 0.0900 | |
| Directional Movement: | 7.10 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 207.83 | |
| Parabolic SAR (0,02-0,02-0,2): | 196.00 | |
| Elder Ray (13): | 2.28 | |
| Super Trend (3,10): | 217.37 | |
| Zig ZAG (10): | 212.20 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 74.76 | |
| TEMA (21): | 208.55 | |
| Williams %R (14): | -28.59 | |
| Chande Momentum Oscillator (20): | 2.22 | |
| Repulse (5,40,3): | 0.0100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 2.47 |
| MA7: | 212.11 | |
| MA20: | 190.18 | |
| MA50: | 178.95 | |
| MA100: | 173.19 | |
| MAexp7: | 209.15 | |
| MAexp20: | 208.09 | |
| MAexp50: | 208.75 | |
| MAexp100: | 208.51 | |
| Price / MA7: | -0.64% | |
| Price / MA20: | +10.82% | |
| Price / MA50: | +17.77% | |
| Price / MA100: | +21.69% | |
| Price / MAexp7: | +0.77% | |
| Price / MAexp20: | +1.28% | |
| Price / MAexp50: | +0.96% | |
| Price / MAexp100: | +1.07% |
Quotes :
2021-01-16 13:28:32
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Real time data
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Cryptocompare
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