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| Price | ▼ 0.50% | ▼ 1.41% | ▼ 6.34% | ▼ 2.38% |
| Energy | ▼ 6.7 | ▼ 10.1 | ▼ 33.1 | ▼ 15.6 |
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: -18.52%
- Distance to upper bound of Neutral (at 20.88%): 39.4%
- Distance to lower bound of Neutral (at -20.88%): 2.36%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
As the Daily session concludes, BCHUSD currently in the balanced energy zone.
Looking at the Market Energy reading, Compared to the previous candle (-3%), Market Energy dropped -15.6% to -18.5%.
Time in Neutral 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 -18.5 to +50.
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 11-04-2024 closed, BCHUSD was at 614.2, down 2.38% from the previous candle (629.2). Market Energy was -18.5%, down 15.6 points from -3%, 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 614.2, down 2.38% from the previous Daily candle (629.2). This drop is larger than 52% of past drops on the Daily timeframe for BCHUSD, across 1,595 candles since 2019.
How did BCHUSD Market Energy change from the previous candle?
Market Energy fell 15.6 percentage points from the previous candle — from -3% to -18.5%. This drop is larger than 69% of past drops on the Daily timeframe for BCHUSD.
Do BCHUSD price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. 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 -3%, Neutral — this candle kept the same state, no zone change.
Where does BCHUSD energy sit within the Neutral zone?
At -18.5%, BCHUSD is 39.4 points from the upper boundary of Neutral (20.88%) and 2.36 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 Bear Critical with energy -60%; GER40 (European equities) in Bear Bias with energy -56.9%. Against this backdrop, BCHUSD (Neutral, -18.5%) 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 88.3%. BCHUSD energy is currently below DXY by 106.8 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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