BITCOIN SV - BSV/USD - 1H - Technical analysis published on 08/09/2023 (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:
Bullish
Underlying:
Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 35.47 USD
My targets
36.58 USD (+0.80%)
37.12 USD (+2.29%)
My analysis
A bullish trend on BITCOIN SV - BSV/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 35.47 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 36.58 USD. Then the price could move towards 37.12 USD. Then 38.84 USD by extension. Be careful, a return below 35.47 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
4.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN SV - BSV/USD price is 36.29 USD. The price registered a decrease of -0.06% on the session and was between 36.10 USD and 36.31 USD. This implies that the price is at +0.53% from its lowest and at -0.06% from its highest.36.10
36.31
36.29
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this BITCOIN SV - BSV/USD chart shows a bullish trend. 78.57% 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. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with 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.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Black hanging man / hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 30.15 | 34.96 | 35.47 | 36.29 | 36.58 | 37.12 | 38.84 |
| Change (%) | -16.92% | -3.66% | -2.26% | - | +0.80% | +2.29% | +7.03% |
| Change | -6.14 | -1.33 | -0.82 | - | +0.29 | +0.83 | +2.55 |
| Level | Minor | Intermediate | Intermediate | - | Major | Intermediate | 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 | 33.94 | 34.72 | 35.51 | 36.29 | 37.08 | 37.86 | 38.65 |
| Camarilla | 35.88 | 36.02 | 36.17 | 36.31 | 36.45 | 36.60 | 36.74 |
| Woodie | 33.96 | 34.72 | 35.53 | 36.29 | 37.10 | 37.86 | 38.67 |
| Fibonacci | 34.72 | 35.32 | 35.69 | 36.29 | 36.89 | 37.26 | 37.86 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.70 | 32.02 | 33.92 | 37.24 | 39.14 | 42.46 | 44.36 |
| Camarilla | 34.39 | 34.86 | 35.34 | 35.82 | 36.30 | 36.78 | 37.26 |
| Woodie | 27.99 | 31.67 | 33.21 | 36.89 | 38.43 | 42.11 | 43.65 |
| Fibonacci | 32.02 | 34.01 | 35.25 | 37.24 | 39.23 | 40.47 | 42.46 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.25 | 21.77 | 31.06 | 43.58 | 52.87 | 65.39 | 74.68 |
| Camarilla | 34.36 | 36.36 | 38.36 | 40.36 | 42.36 | 44.36 | 46.36 |
| Woodie | 7.65 | 20.96 | 29.46 | 42.77 | 51.27 | 64.58 | 73.08 |
| Fibonacci | 21.77 | 30.10 | 35.25 | 43.58 | 51.91 | 57.06 | 65.39 |
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): | 50.08 | |
| MACD (12,26,9): | 0.1100 | |
| Directional Movement: | 9.79 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 36.39 | |
| Parabolic SAR (0,02-0,02-0,2): | 37.04 | |
| Elder Ray (13): | -0.15 | |
| Super Trend (3,10): | 35.87 | |
| Zig ZAG (10): | 36.18 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 28.23 | |
| TEMA (21): | 36.41 | |
| Williams %R (14): | -83.02 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | -0.1000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 2.35 |
| MA7: | 35.98 | |
| MA20: | 36.74 | |
| MA50: | 38.31 | |
| MA100: | 35.06 | |
| MAexp7: | 36.31 | |
| MAexp20: | 36.23 | |
| MAexp50: | 36.06 | |
| MAexp100: | 36.03 | |
| Price / MA7: | +0.86% | |
| Price / MA20: | -1.22% | |
| Price / MA50: | -5.27% | |
| Price / MA100: | +3.51% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | +0.17% | |
| Price / MAexp50: | +0.64% | |
| Price / MAexp100: | +0.72% |
Quotes :
-
Real time data
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Cryptocompare
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