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| Price | ▼ 1.78% | ▲ 2.31% | ▲ 1.78% | ▼ 2.46% |
| Energy | ▼ 2.9 | ▲ 11.2 | ▲ 29.2 | ▼ 10.9 |
Trend of Neutral BCHUSD Daily
▸When BCHUSD is in Neutral:
- then BCHUSD moved to higher Market State: 101 times — 48.1%
- then BCHUSD moved to lower Market State: 109 times — 51.9%
▸Current BCHUSD market energy: 6.02%
- Distance to upper bound of Neutral (at 20.88%): 14.86%
- Distance to lower bound of Neutral (at -20.88%): 26.9%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
From the just-closed Daily candle data, BCHUSD in the Neutral energy level.
Meanwhile, Compared to the previous candle (16.9%), Market Energy dropped -10.9% to 6%.
Time in Neutral energy zone: 3 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 -36.8 to +16.9.
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 02-04-2023 closed, BCHUSD was at 123, down 2.46% from the previous candle (126.1). Market Energy was 6%, down 10.9 points from 16.9%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did BCHUSD price move on this Daily candle, and how large is that historically?
BCHUSD closed at 123, down 2.46% from the previous Daily candle (126.1). This drop is larger than 50% of past drops on the Daily timeframe for BCHUSD, across 1,220 candles since 2019.
How did BCHUSD Market Energy change from the previous candle?
Market Energy fell 10.9 percentage points from the previous candle — from 16.9% to 6%. This drop is larger than 52% of past drops on the Daily timeframe for BCHUSD.
Do BCHUSD price and energy agree?
Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was BCHUSD in on the previous Daily candle?
The previous Daily candle had BCHUSD at 16.9%, Neutral — this candle kept the same state, no zone change.
Where does BCHUSD energy sit within the Neutral zone?
At 6%, BCHUSD is 14.86 points from the upper boundary of Neutral (20.88%) and 26.9 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 Bull Extreme with energy 99.5%; GER40 (European equities) in Bull Extreme with energy 78.2%. Against this backdrop, BCHUSD (Neutral, 6%) lower 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 Bias with Market Energy 32.8%. BCHUSD energy is currently below DXY by 26.8 points.
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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