BITCOIN SV - BSV/USD - 1H - Technical analysis published on 11/26/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 39.35 USD
My targets
40.47 USD (+1.25%)
43.89 USD (+9.81%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 39.35 USD remains possible. It is advisable to trade BITCOIN SV - BSV/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 39.35 USD. The next bullish objective for buyers is set at 40.47 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 43.89 USD. If there is any crossing, the next objective would be the resistance located at 47.70 USD. PS: if there is a bearish break in the support located at 39.35 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
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
4.3
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Additional analysis
Quotes
BITCOIN SV - BSV/USD rating 39.97 USD. On the day, this instrument lost -0.03% and was between 39.95 USD and 40.88 USD. This implies that the price is at +0.05% from its lowest and at -2.23% from its highest.39.95
40.88
39.97
Here is a more detailed summary of the historical variations registered by BITCOIN SV - BSV/USD:
Technical
Technical analysis of BITCOIN SV - BSV/USD in 1H shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 11 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
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:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 36.50 | 38.37 | 39.35 | 39.97 | 40.47 | 47.70 | 51.42 |
| Change (%) | -8.68% | -4.00% | -1.55% | - | +1.25% | +19.34% | +28.65% |
| Change | -3.47 | -1.60 | -0.62 | - | +0.50 | +7.73 | +11.45 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 38.22 | 38.63 | 39.30 | 39.71 | 40.38 | 40.79 | 41.46 |
| Camarilla | 39.68 | 39.78 | 39.88 | 39.98 | 40.08 | 40.18 | 40.28 |
| Woodie | 38.36 | 38.70 | 39.44 | 39.78 | 40.52 | 40.86 | 41.60 |
| Fibonacci | 38.63 | 39.04 | 39.29 | 39.71 | 40.12 | 40.37 | 40.79 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.20 | 35.79 | 37.43 | 39.02 | 40.66 | 42.25 | 43.89 |
| Camarilla | 38.19 | 38.49 | 38.78 | 39.08 | 39.38 | 39.67 | 39.97 |
| Woodie | 34.24 | 35.80 | 37.47 | 39.03 | 40.70 | 42.26 | 43.93 |
| Fibonacci | 35.79 | 37.02 | 37.78 | 39.02 | 40.25 | 41.01 | 42.25 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 38.41 | 41.79 | 44.82 | 48.20 | 51.23 | 54.61 | 57.64 |
| Camarilla | 46.08 | 46.67 | 47.25 | 47.84 | 48.43 | 49.02 | 49.60 |
| Woodie | 38.23 | 41.70 | 44.64 | 48.11 | 51.05 | 54.52 | 57.46 |
| Fibonacci | 41.79 | 44.24 | 45.76 | 48.20 | 50.65 | 52.17 | 54.61 |
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): | 56.72 | |
| MACD (12,26,9): | 0.1200 | |
| Directional Movement: | 10.73 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 40.42 | |
| Parabolic SAR (0,02-0,02-0,2): | 40.10 | |
| Elder Ray (13): | 0.10 | |
| Super Trend (3,10): | 39.84 | |
| Zig ZAG (10): | 40.41 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 43.73 | |
| TEMA (21): | 40.43 | |
| Williams %R (14): | -53.76 | |
| Chande Momentum Oscillator (20): | 0.36 | |
| Repulse (5,40,3): | -0.0600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 0.61 |
| MA7: | 39.04 | |
| MA20: | 39.56 | |
| MA50: | 44.56 | |
| MA100: | 48.05 | |
| MAexp7: | 40.36 | |
| MAexp20: | 40.24 | |
| MAexp50: | 40.00 | |
| MAexp100: | 39.65 | |
| Price / MA7: | +2.38% | |
| Price / MA20: | +1.04% | |
| Price / MA50: | -10.30% | |
| Price / MA100: | -16.82% | |
| Price / MAexp7: | -0.97% | |
| Price / MAexp20: | -0.67% | |
| Price / MAexp50: | -0.08% | |
| Price / MAexp100: | +0.81% |
Quotes :
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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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