BITCOIN SV - BSV/USD - 1H - Technical analysis published on 01/20/2021 (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 bearish
De fond:
Strongly bearish
Technical indicators
33%
50%
17%
My opinion
Bearish under 209.44 USD
My targets
196.23 USD (-2.20%)
181.16 USD (-9.71%)
My analysis
BITCOIN SV - BSV/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 209.44 USD. The next support located at 196.23 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 181.16 USD. Below this support, sellers could then target 145.26 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
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 200.64 USD. The price is lower by -1.67% since the last closing and was between 197.25 USD and 206.35 USD. This implies that the price is at +1.72% from its lowest and at -2.77% from its highest.197.25
206.35
200.64
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 strongly bearish. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 3 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
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 | 181.16 | 196.23 | 200.40 | 200.64 | 209.44 | 215.54 | 221.41 |
| Change (%) | -9.71% | -2.20% | -0.12% | - | +4.39% | +7.43% | +10.35% |
| Change | -19.48 | -4.41 | -0.24 | - | +8.80 | +14.90 | +20.77 |
| Level | Major | Intermediate | Major | - | Major | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 187.88 | 195.79 | 199.91 | 207.82 | 211.94 | 219.85 | 223.97 |
| Camarilla | 200.73 | 201.83 | 202.94 | 204.04 | 205.14 | 206.25 | 207.35 |
| Woodie | 186.00 | 194.84 | 198.03 | 206.87 | 210.06 | 218.90 | 222.09 |
| Fibonacci | 195.79 | 200.38 | 203.22 | 207.82 | 212.41 | 215.25 | 219.85 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.76 | 86.75 | 146.36 | 222.35 | 281.96 | 357.95 | 417.56 |
| Camarilla | 168.68 | 181.11 | 193.54 | 205.97 | 218.40 | 230.83 | 243.26 |
| Woodie | 2.57 | 82.66 | 138.17 | 218.26 | 273.77 | 353.86 | 409.37 |
| Fibonacci | 86.75 | 138.55 | 170.55 | 222.35 | 274.15 | 306.15 | 357.95 |
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 is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 37.35 | |
| MACD (12,26,9): | -2.0300 | |
| Directional Movement: | -14.61 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 203.00 | |
| Parabolic SAR (0,02-0,02-0,2): | 204.47 | |
| Elder Ray (13): | -3.21 | |
| Super Trend (3,10): | 209.09 | |
| Zig ZAG (10): | 200.95 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 20.12 | |
| TEMA (21): | 200.61 | |
| Williams %R (14): | -76.87 | |
| Chande Momentum Oscillator (20): | -5.71 | |
| Repulse (5,40,3): | 0.0100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 8.67 |
| MA7: | 206.48 | |
| MA20: | 197.34 | |
| MA50: | 181.32 | |
| MA100: | 174.44 | |
| MAexp7: | 203.06 | |
| MAexp20: | 205.03 | |
| MAexp50: | 205.97 | |
| MAexp100: | 206.56 | |
| Price / MA7: | -2.83% | |
| Price / MA20: | +1.67% | |
| Price / MA50: | +10.66% | |
| Price / MA100: | +15.02% | |
| Price / MAexp7: | -1.19% | |
| Price / MAexp20: | -2.14% | |
| Price / MAexp50: | -2.59% | |
| Price / MAexp100: | -2.87% |
Quotes :
2021-01-20 06:27:08
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Real time data
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Cryptocompare
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