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| Price | ▲ 18.37% | ▼ 5.98% | ▼ 5.58% | ▲ 13.16% |
| Energy | ▲ 24.5 | ▼ 6.9 | ▼ 15.2 | ▲ 12.5 |
Trend of Bull Bias BCHUSD Weekly
▸When BCHUSD is in Bull Bias:
- then BCHUSD moved to higher Market State: 10 times — 33.3%
- then BCHUSD moved to lower Market State: 20 times — 66.7%
▸Current BCHUSD market energy: 45.75%
- Distance to upper bound of Bull Bias (at 60%): 14.25%
- Distance to lower bound of Bull Bias (at 20.88%): 24.87%
"Let data guide you, but never trust it completely" — 2AITRADING
Following the completion of the Weekly candle, BCHUSD within trend energy leaning Bull.
On the energy side, Market Energy rose +12.5% from the previous session, from 33.3% to 45.7%.
Time in Bull Bias energy zone: 10 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 16-10-2023 closed, BCHUSD was at 243.4, up 13.16% from the previous candle (215.1). Market Energy was 45.7%, up 12.5 points from 33.3%, 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 Weekly candle, and how large is that historically?
BCHUSD closed at 243.4, up 13.16% from the previous Weekly candle (215.1). This rise is larger than 72% of past rises on the Weekly timeframe for BCHUSD, across 202 candles since 2019.
How did BCHUSD Market Energy change from the previous candle?
Market Energy rose 12.5 percentage points from the previous candle — from 33.3% to 45.7%. This rise is larger than 61% of past rises on the Weekly timeframe for BCHUSD.
Do BCHUSD price and energy agree?
Yes. On this candle price rose and energy rose — both moved the same way. This describes the candle that just closed; it does not say where price goes next.
What state was BCHUSD in on the previous Weekly candle?
The previous Weekly candle had BCHUSD at 33.3%, Bull Bias — this candle kept the same state, no zone change.
Where does BCHUSD energy sit within the Bull Bias zone?
At 45.7%, BCHUSD is 14.25 points from the upper boundary of Bull Bias (60%) and 24.87 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 Bear Bias with energy -23.8%; GER40 (European equities) in Bear Critical with energy -72.5%. Against this backdrop, BCHUSD (Bull Bias, 45.7%) 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 Bull Bias with Market Energy 42.1%. 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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