BITCOIN SV - BSV/USD - 1H - Technical analysis published on 02/23/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 37.70 USD
My targets
36.95 USD (-1.28%)
36.04 USD (-3.71%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on BITCOIN SV - BSV/USD. As long as you are under the resistance located at 37.70 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 36.95 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 36.04 USD as an objective. Crossing it would then enable sellers to target 34.56 USD. If the resistance 37.70 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.1
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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 37.43 USD. The price is lower by -0.45% since the last closing and was between 37.24 USD and 38.39 USD. This implies that the price is at +0.51% from its lowest and at -2.50% from its highest.37.24
38.39
37.43
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
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 bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 34.56 | 36.04 | 36.95 | 37.43 | 37.70 | 38.38 | 38.87 |
| Change (%) | -7.67% | -3.71% | -1.28% | - | +0.72% | +2.54% | +3.85% |
| Change | -2.87 | -1.39 | -0.48 | - | +0.27 | +0.95 | +1.44 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Intermediate | Major |
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 | 35.60 | 36.03 | 36.81 | 37.24 | 38.02 | 38.45 | 39.23 |
| Camarilla | 37.27 | 37.38 | 37.49 | 37.60 | 37.71 | 37.82 | 37.93 |
| Woodie | 35.79 | 36.12 | 37.00 | 37.33 | 38.21 | 38.54 | 39.42 |
| Fibonacci | 36.03 | 36.49 | 36.77 | 37.24 | 37.70 | 37.98 | 38.45 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31.29 | 33.67 | 35.63 | 38.01 | 39.97 | 42.35 | 44.31 |
| Camarilla | 36.41 | 36.80 | 37.20 | 37.60 | 38.00 | 38.40 | 38.79 |
| Woodie | 31.09 | 33.57 | 35.43 | 37.91 | 39.77 | 42.25 | 44.11 |
| Fibonacci | 33.67 | 35.33 | 36.35 | 38.01 | 39.67 | 40.69 | 42.35 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.88 | 35.28 | 42.19 | 53.59 | 60.50 | 71.90 | 78.81 |
| Camarilla | 44.07 | 45.74 | 47.42 | 49.10 | 50.78 | 52.46 | 54.14 |
| Woodie | 21.64 | 34.16 | 39.95 | 52.47 | 58.26 | 70.78 | 76.57 |
| Fibonacci | 35.28 | 42.27 | 46.60 | 53.59 | 60.58 | 64.91 | 71.90 |
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): | 43.98 | |
| MACD (12,26,9): | 0.0600 | |
| Directional Movement: | 0.33 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 37.83 | |
| Parabolic SAR (0,02-0,02-0,2): | 38.34 | |
| Elder Ray (13): | -0.27 | |
| Super Trend (3,10): | 37.29 | |
| Zig ZAG (10): | 37.57 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 30.14 | |
| TEMA (21): | 37.86 | |
| Williams %R (14): | -76.52 | |
| Chande Momentum Oscillator (20): | -0.38 | |
| Repulse (5,40,3): | -1.5900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 0.78 |
| MA7: | 37.88 | |
| MA20: | 39.05 | |
| MA50: | 47.18 | |
| MA100: | 55.86 | |
| MAexp7: | 37.72 | |
| MAexp20: | 37.73 | |
| MAexp50: | 37.68 | |
| MAexp100: | 37.85 | |
| Price / MA7: | -1.19% | |
| Price / MA20: | -4.15% | |
| Price / MA50: | -20.67% | |
| Price / MA100: | -32.99% | |
| Price / MAexp7: | -0.77% | |
| Price / MAexp20: | -0.80% | |
| Price / MAexp50: | -0.66% | |
| Price / MAexp100: | -1.11% |
Quotes :
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Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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