·
Trend of Bear Bias BCHUSD Weekly
▸When BCHUSD is in Bear Bias:
- then BCHUSD moved to higher Market State: 20 times — 69%
- then BCHUSD moved to lower Market State: 9 times — 31%
▸Current BCHUSD market energy: -29.2%
- Distance to upper bound of Bear Bias (at -20.88%): 8.32%
- Distance to lower bound of Bear Bias (at -60%): 30.8%
"A person's history reveals more than you might think" — 2AITRADING
As the Weekly candle completes, Result for BCHUSD: the Market Energy zone leaning Bear.
End-of-session energy readings on Weekly, Market Energy stayed level with the previous candle, at -29.2%.
Time in Bear Bias energy zone: 1 Weekly 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.
Not enough data in the past 5 days to show a range.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did BCHUSD price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 02-12-2019 closed, BCHUSD had Market Energy -29.2%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
Where does BCHUSD energy sit within the Bear Bias zone?
At -29.2%, BCHUSD is 8.32 points from the upper boundary of Bear Bias (-20.88%) and 30.8 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 Extreme with energy 82.5%; GER40 (European equities) in Bear Bias with energy -42.8%. Against this backdrop, BCHUSD (Bear Bias, -29.2%) lower 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 Bear Extreme with Market Energy -79.8%. BCHUSD (Bear Bias) and DXY currently sit on the same Bear side.
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 .