At SwissBorg, in addition to our efforts to provide you with an optimal investment application, we are committed to offering integrated tools to help you with your decision making.
We have developed an automatic Intelligent analysis that is updated hourly for all the products listed in the Wealth app. Our automated analysis uses artificial intelligence (AI) to assist you, systematically, with forecasting Bitcoin and other cryptocurrencies.
Every hour, you can find the updated analysis of your favourite crypto in the Learn tab of the Market section which we will continuously optimise.
The current analysis is based on the price in USD and is composed of the following information:
Bullish: The term "bull" or "bullish" comes from the bull, who strikes upwards with its horns, thus pushing prices higher. Being ‘bullish’ represents an opinion/belief that the price will rise. A bull market is when an asset's price is rising over a sustained time period
Bearish: The term "bear" or "bearish" comes from the bear, who strikes downward with its paws, thus pushing prices down. Being ‘bearish’ represents an opinion/belief that the price will fall. A bear market is when an asset's price is falling over a sustained period of time
Moving Average (MA): Trend-following indicator derived from the simple average of the prices on a given time period (for example 20 days).
Volatility: Degree of variation (or dispersion) of the price over time. A period with a lot of price variation will show higher volatility than a stable market that has small price variation.
RSI: The RSI (Relative Strength Index) measures the magnitude and the velocity of price movements. It is deduced from the ratio between positive and negative price changes in a given period of time. This momentum oscillator, measured on a scale from 0 to 100, indicates if the asset is overbought or oversold (usually, an RSI > 70% will indicate an overbought period while an RSI < 30% will indicate an oversold period).
Support/Resistance: Levels where the prices will tend to stop and could probably reverse their trend. A support level will likely tend to stop the prices dropping while resistance is a level where the selling pressure is higher and will likely stop the price rising. Once a support or resistance level is reached, the price will bounce back or breakthrough the level and continue its actual trend.
MACD: The Moving Average Convergence Divergence is a trend following momentum indicator that compares a short period and a longer period’s moving average. From these comparisons, a “signal line” and a “MACD” line are constructed. Multiple information can be extracted from this indicator. In particular, when the “Signal” and the “MACD” are crossing, this indicates a probable momentum change between “bulls” and “bears”.
Bollinger Bands (BB): Bollinger Bands illustrate the dispersion of prices around the average. Bollinger Bands are composed of an upper and a lower band. Usually, the price oscillates between these two bands. When volatility increases, these bands move apart as they contract during a phase of low volatility. In terms of technical analysis, we can read the graph as follows: if the price is close to one of these bands, we are far from the average and it is likely that we are overbought or oversold. In other words, it is likely that the trend will change direction in the short term.
The information on the Hourly Asset Analysis is not targeted at the general public of any particular country. It is not intended to be distributed or used by residents of any country where such distribution or use would contravene any local law or regulatory requirement.
Any analysis, opinion, commentary or research-based material on our Hourly Asset Analysis is for information and educational purposes only and is not, in any circumstances, intended to be an offer, recommendation or solicitation to buy or sell. You should always seek independent advice as to your suitability to speculate in any related markets and your ability to assume the associated risks if you are at all unsure. No representation or warranty is made, express or implied, that the materials on our Hourly Asset Analysis are complete or accurate. We are not under any obligation to update any such material.
As such, we (and/or our associated companies) will not be responsible or liable for any loss or damage incurred by you or any third party arising out of, or in connection with, any use of the information on our Hourly Asset Analysis (other than with regards to any duty or liability that we are unable to limit or exclude by law or under the applicable regulatory system) and any such liability is hereby expressly disclaimed.
Get the latest product updates, news and opinion from the SwissBorg teamSubscribe Now