Market Overview: USDC/Czech Koruna (USDCCZK) 24-Hour Analysis

Summary
• Price action showed consolidation after a sharp drop to 21.23.
• Volume increased mid-day, but turnover failed to confirm bullish intent.
• RSI hovered near neutral, indicating potential indecision in the market.

The USDC/Czech Koruna (USDCCZK) pair opened at 21.31 on 2025-11-05 12:00 ET and closed at 21.25 at 12:00 ET the following day. The 24-hour range saw a high of 21.32 and a low of 21.23, with a total traded volume of 103,779.6 and a turnover of 2,194,178.0 CZK. The price action reflected a bearish trend, with key resistance at 21.31 and support at 21.23, where a potential reversal may form.

Structure and Formations:
A bearish engulfing pattern emerged in the 19:30–20:45 ET period, with the open at 21.28 and a close at 21.30, followed by a strong bearish reversal. The price found temporary support at 21.23, forming a potential bullish reversal pattern. A doji candle appeared at 04:30–04:45 ET, signaling indecision in the market.

Moving Averages:
On the 15-minute chart, the 20-period moving average (SMA) was above the 50-period line but showed a slight downward bias, indicating a potential shift in momentum. The 50-period moving average crossed below the 20-period line in the afternoon, suggesting bearish pressure. Over the daily timeframe, the 50-period and 200-period SMAs showed a flat trend, indicating a consolidation phase.

MACD & RSI:
The 15-minute MACD line crossed below the signal line in the early afternoon, confirming bearish momentum. RSI remained within neutral territory, fluctuating between 45 and 55, with no clear overbought or oversold signals. This suggests traders are waiting for a directional break before committing.

Bollinger Bands:
Price activity stayed within the upper and lower bands for most of the session, with a slight contraction around 03:00–05:00 ET. The bands widened slightly as the price approached key support levels, signaling increased volatility as traders reacted to the potential support breakout.

Volume & Turnover:
Volume increased sharply in the 18:00–19:30 ET timeframe, reaching a peak of 10,465, but turnover failed to confirm this, suggesting potential selling pressure without strong conviction. A divergence between volume and price was observed around 05:00–06:00 ET, with volume dropping despite a small upward bounce, raising questions about the strength of the rebound.

Fibonacci Retracements:
Key retracement levels on the 15-minute chart aligned with 21.31 (61.8%) and 21.28 (38.2%) during the afternoon decline. A 61.8% Fibonacci level at 21.23 became a critical support zone, where the price found a floor and reversed. This suggests the market may continue to test the 21.28–21.31 range for direction.

Backtest Hypothesis:
It appears that the price history for “HOLD.P / HOLD” cannot be located in the data-feed the back-test engine relies on (“get_asset_price” returned empty). Without valid daily prices the engine cannot execute the buy-/sell simulation. Recommended next steps include confirming a supported ticker or supplying an alternative equity / ETF with accessible end-of-day prices. Once the correct ticker is identified, the back-test can be re-run to evaluate the strategy's performance.