BITCOIN SV - BSV/USD
BITCOIN SV - BSV/USD
- USD (-)
- Real time data - Cryptocompare
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Change: -
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Type: Cryptocurrencies
Ticker: BSVUSD
ISIN:

BITCOIN SV - BSV/USD - 1H - Technical analysis published on 01/24/2020 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Court terme: Neutral
De fond: Strongly bearish
Technical indicators
39%
22%
39%
My opinion
Bearish under 271.93 USD
My targets
250.23 USD (-5.63%)
236.30 USD (-10.89%)
My analysis
The basic trend is very bearish on BITCOIN SV - BSV/USD but buyers need to catch their breath in the short term. In a case like this, you could favour trades in the direction of the trend on BITCOIN SV - BSV/USD. As long as you stay below the resistance 271.93 USD, sellers” retain the upper hand. A break in the support at 250.23 USD would be a signal that the basic trend will reverse. Sellers would then use the next support located at 236.30 USD as an objective. Crossing it would then enable sellers to target 176.86 USD. If the price were to depress the resistance 271.93 USD in the short term, this would be a sign of possible consolidation in the short term, but against the trend trading would then perhaps be more risky. On the other hand, we could expect signals of a reversal of the trend.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
3.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The BITCOIN SV - BSV/USD price is 265.17 USD. The price registered an increase of +2.62% on the session and was traded between 244.98 USD and 282.11 USD over the period. The price is currently at +8.24% from its lowest and -6.00% from its highest.

244.98
282.11
265.17

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by BITCOIN SV - BSV/USD:
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of BITCOIN SV - BSV/USD in 1H shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the strongly bearish trend is showing signs of running out of steam. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour



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:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour


Support of triangle is broken

Type : Bearish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Black evening star

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 176.86 236.30 250.23 265.17 271.93 289.82 304.23
Change (%) -33.30% -10.89% -5.63% - +2.55% +9.30% +14.73%
Change -88.31 -28.87 -14.94 - +6.76 +24.65 +39.06
Level Minor Intermediate Major - Minor Intermediate 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
Standard171.39208.40233.40270.41295.41332.42357.42
Camarilla241.34247.02252.71258.39264.07269.76275.44
Woodie165.38205.40227.39267.41289.40329.42351.41
Fibonacci208.40232.09246.73270.41294.10308.74332.42


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-188.20-20.60114.81282.41417.82585.42720.83
Camarilla166.90194.68222.45250.23278.01305.78333.56
Woodie-204.29-28.6598.73274.36401.74577.37704.75
Fibonacci-20.6095.15166.66282.41398.16469.67585.42


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard49.0662.8979.8293.65110.58124.41141.34
Camarilla88.3091.1293.9496.7699.58102.40105.22
Woodie50.6263.6781.3894.43112.14125.19142.90
Fibonacci62.8974.6481.9093.65105.40112.66124.41

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): 47.07
MACD (12,26,9): -0.1000
Directional Movement: -4.24
AROON (14): 85.71
DEMA (21): 264.81
Parabolic SAR (0,02-0,02-0,2): 251.82
Elder Ray (13): 3.20
Super Trend (3,10): 254.09
Zig ZAG (10): 264.94
VORTEX (21): 1.0700
Stochastique (14,3,5): 74.07
TEMA (21): 271.36
Williams %R (14): -48.75
Chande Momentum Oscillator (20): 13.66
Repulse (5,40,3): -4.6300
ROCnROLL: 2
TRIX (15,9): -0.1900
Courbe Coppock: 13.06
MA7: 282.90
MA20: 227.65
MA50: 146.56
MA100: 131.48
MAexp7: 270.35
MAexp20: 266.91
MAexp50: 274.71
MAexp100: 281.97
Price / MA7: -6.27%
Price / MA20: +16.48%
Price / MA50: +80.93%
Price / MA100: +101.68%
Price / MAexp7: -1.92%
Price / MAexp20: -0.65%
Price / MAexp50: -3.47%
Price / MAexp100: -5.96%

This member declared not having a position on this financial instrument or a related financial instrument.

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