·
| Price | ▼ 0.23% | ▲ 0.75% | ▼ 0.37% | ▼ 0.56% |
| Energy | ▲ 1.4 | ▲ 36.2 | ▲ 4.1 | ▼ 15.3 |
Trend of Bear Bias BCHUSD 1H
▸When BCHUSD is in Bear Bias:
- then BCHUSD moved to higher Market State: 3,200 times — 64.9%
- then BCHUSD moved to lower Market State: 1,734 times — 35.1%
▸Current BCHUSD market energy: -35.5%
- Distance to upper bound of Bear Bias (at -20.88%): 14.62%
- Distance to lower bound of Bear Bias (at -60%): 24.5%
"Let data guide you, but never trust it completely" — 2AITRADING
Following the completion of the 1H candle, BCHUSD reflects the energy zone leaning Bear.
Looking at the Market Energy reading, A -15.3% change from the previous candle, Market Energy is now -35.5% (previous: -20.2%).
Time in Bear Bias energy zone: 1 1H 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 -90.2 to +94.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did BCHUSD price and energy show when this 1H candle closed?
When the 1H candle at 00:00 on 16-09-2023 closed, BCHUSD was at 212.4, down 0.56% from the previous candle (213.6). Market Energy was -35.5%, down 15.3 points from -20.2%, 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 1H candle, and how large is that historically?
BCHUSD closed at 212.4, down 0.56% from the previous 1H candle (213.6). This drop is larger than 60% of past drops on the 1H timeframe for BCHUSD, across 33,262 candles since 2019.
How did BCHUSD Market Energy change from the previous candle?
Market Energy fell 15.3 percentage points from the previous candle — from -20.2% to -35.5%. This drop is larger than 64% of past drops on the 1H timeframe for BCHUSD.
Do BCHUSD price and energy agree?
Yes. Both price and energy moved down on this candle. This describes the candle that just closed; it does not say where price goes next.
What state was BCHUSD in on the previous 1H candle?
The previous 1H candle had BCHUSD at -20.2%, Neutral — when this candle closed, BCHUSD moved down to a lower zone: Neutral → Bear Bias.
Where does BCHUSD energy sit within the Bear Bias zone?
At -35.5%, BCHUSD is 14.62 points from the upper boundary of Bear Bias (-20.88%) and 24.5 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 Bear Extreme with energy -87.4%; GER40 (European equities) in Bear Critical with energy -64.7%. Against this backdrop, BCHUSD (Bear Bias, -35.5%) 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 Neutral with Market Energy 14.9%. BCHUSD energy is currently below DXY by 50.5 points.
See the real-time energy chart for BCHUSD.
Open Energy ChartSee the full 2AiTrading Model data for BCHUSD on the BCHUSD overview →
To jump to a symbol you're interested in, click .