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| Price | ▲ 16.80% | ▲ 0.19% | ▼ 1.47% | ▲ 1.20% |
| Energy | ▲ 52.7 | ▲ 4.7 | ▼ 8.3 | ▼ 7.8 |
Trend of Bull Extreme BCHUSD Daily
▸When BCHUSD is in Bull Extreme:
- then BCHUSD moved to higher Market State: 0 times — 0%
- then BCHUSD moved to lower Market State: 98 times — 100%
▸Current BCHUSD market energy: 82.85%
- Distance to peak 100%: 17.15%
- Distance to lower bound of Bull Extreme (at 74.5%): 8.35%
"Let data guide you, but never trust it completely" — 2AITRADING
Following the completion of the Daily candle, BCHUSD within the Extreme state of Bull.
Looking at the energy level, Energy delta -7.8%: Market Energy at 82.8%, previously 90.6%.
Time in Bull Extreme energy zone: 4 Daily Candle
Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.
Over the past 5 days, BCHUSD Market Energy ranged from +41.5 to +98.9.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did BCHUSD price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 08-02-2020 closed, BCHUSD was at 444.46, up 1.2% from the previous candle (439.21). Market Energy was 82.8%, down 7.8 points from 90.6%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.
How much did BCHUSD price move on this Daily candle, and how large is that historically?
BCHUSD closed at 444.46, up 1.2% from the previous Daily candle (439.21). This rise is larger than 34% of past rises on the Daily timeframe for BCHUSD, across 71 candles since 2019.
How did BCHUSD Market Energy change from the previous candle?
Market Energy fell 7.8 percentage points from the previous candle — from 90.6% to 82.8%. This drop is larger than 41% of past drops on the Daily timeframe for BCHUSD.
Do BCHUSD price and energy agree?
No. This candle recorded a price rise with energy moving the other way. This describes the candle that just closed; it does not say where price goes next.
What state was BCHUSD in on the previous Daily candle?
The previous Daily candle had BCHUSD at 90.6%, Bull Extreme — this candle kept the same state, no zone change.
Where does BCHUSD energy sit within the Bull Extreme zone?
At 82.8%, BCHUSD is 17.15 points from the upper boundary of Bull Extreme (100%) and 8.35 points from the lower boundary (74.5%) — so energy sits closer to the lower boundary at candle close.
What does Bull Extreme mean?
Bull Extreme is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bull Extreme definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bear Bias with energy -57%; GER40 (European equities) in Bear Bias with energy -54.5%. Against this backdrop, BCHUSD (Bull Extreme, 82.8%) has higher energy than SPX500, GER40.
How is the US Dollar Index (DXY) trending?
Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Bull Extreme with Market Energy 76%. BCHUSD (Bull Extreme) and DXY currently sit on the same Bull side.
See the real-time energy chart for BCHUSD.
Open Energy ChartSee the full 2AiTrading Model data for BCHUSD on the BCHUSD overview →
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