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| Price | ▼ 10.52% | ▲ 14.27% | ▲ 1.07% | ▲ 4.10% |
| Energy | ▼ 45.6 | ▲ 28.0 | ▲ 29.9 | ▲ 16.9 |
Trend of Bull Bias BCHUSD Daily
▸When BCHUSD is in Bull Bias:
- then BCHUSD moved to higher Market State: 85 times — 41.3%
- then BCHUSD moved to lower Market State: 121 times — 58.7%
▸Current BCHUSD market energy: 42.68%
- Distance to upper bound of Bull Bias (at 60%): 17.32%
- Distance to lower bound of Bull Bias (at 20.88%): 21.8%
"History always repeats itself, one way or another" — 2AITRADING
After the Daily data updates, Result for BCHUSD: the Bull Bias state.
At the Daily session close, Market Energy moved from 25.8% to 42.7%, up +16.9% from the previous candle.
Time in Bull Bias energy zone: 2 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 -32 to +42.7.
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 22-03-2024 closed, BCHUSD was at 431.4, up 4.1% from the previous candle (414.4). Market Energy was 42.7%, up 16.9 points from 25.8%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did BCHUSD price move on this Daily candle, and how large is that historically?
BCHUSD closed at 431.4, up 4.1% from the previous Daily candle (414.4). This rise is larger than 73% of past rises on the Daily timeframe for BCHUSD, across 1,575 candles since 2019.
How did BCHUSD Market Energy change from the previous candle?
Market Energy rose 16.9 percentage points from the previous candle — from 25.8% to 42.7%. This rise is larger than 70% of past rises on the Daily timeframe for BCHUSD.
Do BCHUSD price and energy agree?
Yes. On this candle price rose and energy rose — both moved the same way. 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 25.8%, Bull Bias — this candle kept the same state, no zone change.
Where does BCHUSD energy sit within the Bull Bias zone?
At 42.7%, BCHUSD is 17.32 points from the upper boundary of Bull Bias (60%) and 21.8 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.
What does Bull Bias mean?
Bull Bias 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 Bias 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 -40.1%; GER40 (European equities) in Bull Bias with energy 59.6%. Against this backdrop, BCHUSD (Bull Bias, 42.7%) has higher energy than SPX500; sits in the same state zone as 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 83.5%. BCHUSD (Bull Bias) 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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