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| Price | ▲ 1.63% | ▲ 1.06% | ▲ 2.44% | ▼ 2.12% |
| Energy | ▲ 32.9 | ▲ 37.2 | ▲ 57.2 | ▼ 16.3 |
Trend of Bull Bias BCHUSD 1H
▸When BCHUSD is in Bull Bias:
- then BCHUSD moved to higher Market State: 1,786 times — 36.2%
- then BCHUSD moved to lower Market State: 3,143 times — 63.8%
▸Current BCHUSD market energy: 39.98%
- Distance to upper bound of Bull Bias (at 60%): 20.02%
- Distance to lower bound of Bull Bias (at 20.88%): 19.1%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
From the just-closed 1H candle data, BCHUSD in the energy zone leaning Bull.
Meanwhile, A -16.3% change from the previous candle, Market Energy is now 40% (previous: 56.3%).
Time in Bull Bias energy zone: 2 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 -96.2 to +96.7.
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 23:00 on 02-12-2024 closed, BCHUSD was at 517.2, down 2.12% from the previous candle (528.4). Market Energy was 40%, down 16.3 points from 56.3%, 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 1H candle, and how large is that historically?
BCHUSD closed at 517.2, down 2.12% from the previous 1H candle (528.4). This drop is larger than 95% of past drops on the 1H timeframe for BCHUSD, across 43,917 candles since 2019.
How did BCHUSD Market Energy change from the previous candle?
Market Energy fell 16.3 percentage points from the previous candle — from 56.3% to 40%. This drop is larger than 67% of past drops on the 1H 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 1H candle?
The previous 1H candle had BCHUSD at 56.3%, Bull Bias — this candle kept the same state, no zone change.
Where does BCHUSD energy sit within the Bull Bias zone?
At 40%, BCHUSD is 20.02 points from the upper boundary of Bull Bias (60%) and 19.1 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 Bull Critical with energy 60.8%; GER40 (European equities) in Bull Extreme with energy 84.1%. Against this backdrop, BCHUSD (Bull Bias, 40%) 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 Critical with Market Energy 67.9%. 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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