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| Price | ▲ 0.87% | ▼ 0.28% | ▲ 1.67% | ▼ 2.58% |
| Energy | ▲ 3.6 | ▲ 5.2 | ▲ 13.6 | ▼ 8.8 |
Trend of Bear Bias BCHUSD Daily
▸When BCHUSD is in Bear Bias:
- then BCHUSD moved to higher Market State: 130 times — 66%
- then BCHUSD moved to lower Market State: 67 times — 34%
▸Current BCHUSD market energy: -39.31%
- Distance to upper bound of Bear Bias (at -20.88%): 18.43%
- Distance to lower bound of Bear Bias (at -60%): 20.69%
"A person's history reveals more than you might think" — 2AITRADING
Measurement result after the Daily candle closes, BCHUSD in the Bear Bias level.
Market energy movement A -8.8% change from the previous candle, Market Energy is now -39.3% (previous: -30.5%).
Time in Bear Bias energy zone: 6 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 -55.3 to -30.5.
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 09-10-2024 closed, BCHUSD was at 320.6, down 2.58% from the previous candle (329.1). Market Energy was -39.3%, down 8.8 points from -30.5%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did BCHUSD price move on this Daily candle, and how large is that historically?
BCHUSD closed at 320.6, down 2.58% from the previous Daily candle (329.1). This drop is larger than 56% of past drops on the Daily timeframe for BCHUSD, across 1,776 candles since 2019.
How did BCHUSD Market Energy change from the previous candle?
Market Energy fell 8.8 percentage points from the previous candle — from -30.5% to -39.3%. This drop is larger than 46% 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 -30.5%, Bear Bias — this candle kept the same state, no zone change.
Where does BCHUSD energy sit within the Bear Bias zone?
At -39.3%, BCHUSD is 18.43 points from the upper boundary of Bear Bias (-20.88%) and 20.69 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 Bull Critical with energy 69.5%; GER40 (European equities) in Bull Critical with energy 70.7%. Against this backdrop, BCHUSD (Bear Bias, -39.3%) 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 Neutral with Market Energy 14.2%. BCHUSD energy is currently below DXY by 53.5 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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