BITCOIN SV - BSV/USD - Weekly - Technical analysis published on 01/20/2021 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 181.16 USD
My targets
247.69 USD (+22.98%)
281.96 USD (+40.00%)
My analysis
BITCOIN SV - BSV/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 181.16 USD. The next resistance located at 247.69 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 281.96 USD. After this resistance, buyers could then target 368.73 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7
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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 201.40 USD. The price registered a decrease of -9.04% over 5 days and was traded between 193.76 USD and 215.39 USD over the period. The price is currently at +3.94% from its lowest point and -6.50% from its highest point.193.76
215.39
201.40
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Weekly of this BITCOIN SV - BSV/USD chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Weekly
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal resistance is broken
Type : Bullish
Timeframe : Weekly
Resistance of triangle is broken
Type : Bullish
Timeframe : Weekly
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : Weekly
Long black line
Type : Bearish
Timeframe : Weekly
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 80.66 | 145.26 | 181.16 | 201.40 | 209.44 | 247.69 | 368.73 |
| Change (%) | -59.95% | -27.87% | -10.05% | - | +3.99% | +22.98% | +83.08% |
| Change | -120.74 | -56.14 | -20.24 | - | +8.04 | +46.29 | +167.33 |
| Level | Major | Major | Major | - | Major | Major | Minor |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 52.30 | |
| MACD (12,26,9): | 6.6000 | |
| Directional Movement: | 21.18 | |
| AROON (14): | 64.28 | |
| DEMA (21): | 193.44 | |
| Parabolic SAR (0,02-0,02-0,2): | 89.35 | |
| Elder Ray (13): | 13.23 | |
| Super Trend (3,10): | 101.03 | |
| Zig ZAG (10): | 200.75 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 47.56 | |
| TEMA (21): | 199.69 | |
| Williams %R (14): | -69.36 | |
| Chande Momentum Oscillator (20): | 35.65 | |
| Repulse (5,40,3): | -12.8400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 38.66 |
| MA7: | 206.48 | |
| MA20: | 197.34 | |
| MA50: | 181.32 | |
| MA100: | 174.44 | |
| MAexp7: | 200.06 | |
| MAexp20: | 187.46 | |
| MAexp50: | 179.57 | |
| MAexp100: | 161.58 | |
| Price / MA7: | -2.46% | |
| Price / MA20: | +2.06% | |
| Price / MA50: | +11.07% | |
| Price / MA100: | +15.46% | |
| Price / MAexp7: | +0.67% | |
| Price / MAexp20: | +7.44% | |
| Price / MAexp50: | +12.16% | |
| Price / MAexp100: | +24.64% |
Quotes :
2021-01-20 06:29:59
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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