Financial Instruments Business Operator Kanto Finance Bureau Director (Kinsho) No. 1960 / Membership Association Japan Investment Advisers Association Membership No. 012-02323 Go to GogoJungle Home
icon List
FX攻略
07/23/2018 05:47
Release： 07/23/2018 05:47
Update： 04/08/2021 02:35
icon
Series
[Cryptocurrency] Simple analysis with classic technicals!
FX攻略.com editorial staff members attempt chart analysis of various cryptocurrencies using three moving averages. If you want to read others' market perspectives or learn technical analysis, please give it a read.
Article cover image

【BCHJPY】Can the 20-day moving average line be used as a stepping stone!?


Bitcoin is on an upward trend, and the cryptocurrency market is suddenly in a frenzy, but how about Bitcoin Cash? I will analyze the daily chart. What is displayed are Bollinger Bands (period 20). Since May 2017, it has largely stayed below the middle line = 20SMA, but that 20SMA has turned horizontal, and on July 15 it moved above the 20SMA.

It has been 9 days since it has been above the 20SMA, but it should still be considered within a range-bound phase. Imagine a range with the center around about 850,000 yen, high around 1,000,000 yen, and low around 700,000 yen. That said, currently the lows have been rising from June 29 to July 13 to July 21, and I will also pay attention to whether this rhythm continues or collapses.

×
Popular articles in the series
【BTCJPY】20190215 Daily Pivot
As a guide for day trading BTCJPY, we check the pivot. Yesterday (February 14) showed a small-range
【BTCJPY】20190129 Daily Pivot
As a guideline for day trading BTCJPY, we check the pivot. Yesterday (January 28) showed strong sell
【BTCJPY】20181213 Daily Pivot
As a guide for day trading BTCJPY, we check the pivot. The market session yesterday (December 12) wa
coinmarketcap: Dominance Fixed Observation_BTC Recovery
From the CoinMarketCap site, we will monitor the dominances (the percentage of each coin in the tota
【BTCJPY】20181205 Daily Pivot
As a guide for day trading BTCJPY, we check the pivot. Yesterday (December 4) formed a small bullish
See all
■ Important Matters and Risk Warnings Regarding Investment Products 【Financial Instruments Business Operator】
GogoJungle Inc.
Registration: Director-General of the Kanto Local Finance Bureau (Financial Instruments Business) No. 1960
【Member Association】
Japan Investment Advisers Association
【Fees and Expenses】
The use of software, e-books, investment advisory services, etc., provided on our platform involves purchase prices determined for each product.
Additionally, when conducting actual financial instrument transactions (such as FX or CFD trading), costs such as transaction fees and spreads (the difference between the sell and buy price) may be incurred through the connected brokerage firms.
【Margin and Risk of Loss】
Transactions such as FX (Foreign Exchange Margin Trading) and CFD (Contract for Difference) allow for trading in amounts exceeding the deposited margin.
Therefore, due to sudden fluctuations in target indices (currency, commodity prices, etc.), there is a risk of incurring losses that exceed the deposited margin (loss exceeding principal).
Furthermore, financial instrument transactions involve risks such as price fluctuations, which may result in losses falling below or exceeding the initial investment principal.
【Nature of Services and Trading Entity】
The Company operates a platform (marketplace) providing investment software and information; we do not engage in the buying, selling, mediation, brokerage, or agency of financial instruments on behalf of customers.
The services and information provided are intended as reference for investment decisions and do not guarantee future profits or specific results.
While some services include investment advice, they do not constitute a mandate or solicitation to trade specific financial instruments.
Final investment decisions and the execution of trades must be made at the customer’s own risk and discretion.
GogoJungle Inc.
Registration: Director-General of the Kanto Local Finance Bureau (Financial Instruments Business) No. 1960
Member Association: Japan Investment Advisers Association GogoJungle Inc.
Registration: Director-General of the Kanto Local Finance Bureau (Financial Instruments Business) No. 1960
Member Association: Japan Investment Advisers Association
Financial Services Agency Japan Investment Advisers Association Financial Instruments Mediation Assistance Center Securities and Exchange Surveillance Commission

Copyright © 2026 GogoJungle Inc. All Rights Reserved.