·
| Price | ▼ 5.91% | ▼ 0.16% | ▲ 1.40% | ▼ 11.82% |
| Energy | ▼ 7.8 | ▼ 2.3 | ▼ 0.4 | ▼ 4.8 |
Trend of Bull Extreme BCHUSD Weekly
▸When BCHUSD is in Bull Extreme:
- then BCHUSD moved to higher Market State: 0 times — 0%
- then BCHUSD moved to lower Market State: 13 times — 100%
▸Current BCHUSD market energy: 77.22%
- Distance to peak 100%: 22.78%
- Distance to lower bound of Bull Extreme (at 74.5%): 2.72%
"A person's history reveals more than you might think" — 2AITRADING
As the Weekly candle completes, BCHUSD in Bull energy at Extreme.
On trend energy, The energy level dropped -4.8%: from 82% now at 77.2%.
Time in Bull Extreme energy zone: 7 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 31-07-2023 closed, BCHUSD was at 223.1, down 11.82% from the previous candle (253). Market Energy was 77.2%, down 4.8 points from 82%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.
How much did BCHUSD price move on this Weekly candle, and how large is that historically?
BCHUSD closed at 223.1, down 11.82% from the previous Weekly candle (253). This drop is larger than 75% of past drops on the Weekly timeframe for BCHUSD, across 191 candles since 2019.
How did BCHUSD Market Energy change from the previous candle?
Market Energy fell 4.8 percentage points from the previous candle — from 82% to 77.2%. This drop is larger than 26% of past drops on the Weekly timeframe for BCHUSD.
Do BCHUSD price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.
What state was BCHUSD in on the previous Weekly candle?
The previous Weekly candle had BCHUSD at 82%, Bull Extreme — this candle kept the same state, no zone change.
Where does BCHUSD energy sit within the Bull Extreme zone?
At 77.2%, BCHUSD is 22.78 points from the upper boundary of Bull Extreme (100%) and 2.72 points from the lower boundary (74.5%) — so energy sits closer to the lower boundary at candle close.
What does Bull Extreme mean?
Bull Extreme 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 Extreme 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 Bias with energy 46.9%; GER40 (European equities) in Bull Extreme with energy 78.1%. Against this backdrop, BCHUSD (Bull Extreme, 77.2%) has higher energy 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 Neutral with Market Energy -0.8%. BCHUSD energy is currently above DXY by 78 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 .