ETHEREUM CLASSIC - ETC/USDT - 15 min. - Technical analysis published on 01/09/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 6.98 USDT
My targets
7.62 USDT (+4.60%)
7.92 USDT (+8.80%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ETHEREUM CLASSIC - ETC/USDT as long as the price remains well above 6.98 USDT. The buyers” bullish objective is set at 7.62 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.92 USDT. If there is any crossing, the next objective would be the resistance located at 9.53 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.9
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This analysis was given by teodorassenov69. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ETHEREUM CLASSIC - ETC/USDT rating 7.28 USDT. The price has increased by +4.75% since the last closing and was traded between 6.72 USDT and 7.39 USDT over the period. The price is currently at +8.33% from its lowest and -1.49% from its highest.6.72
7.39
7.28
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of ETHEREUM CLASSIC - ETC/USDT in 15 min. shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.49 | 6.70 | 7.26 | 7.28 | 7.84 | 9.53 | 12.35 |
| Change (%) | -10.85% | -7.97% | -0.27% | - | +7.69% | +30.91% | +69.64% |
| Change | -0.79 | -0.58 | -0.02 | - | +0.56 | +2.25 | +5.07 |
| Level | Minor | Major | Major | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.00 | 6.34 | 6.64 | 6.98 | 7.28 | 7.62 | 7.92 |
| Camarilla | 6.77 | 6.83 | 6.89 | 6.95 | 7.01 | 7.07 | 7.13 |
| Woodie | 5.99 | 6.33 | 6.63 | 6.97 | 7.27 | 7.61 | 7.91 |
| Fibonacci | 6.34 | 6.58 | 6.73 | 6.98 | 7.22 | 7.37 | 7.62 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.73 | 5.10 | 5.44 | 5.81 | 6.15 | 6.51 | 6.85 |
| Camarilla | 5.59 | 5.65 | 5.71 | 5.78 | 5.84 | 5.91 | 5.97 |
| Woodie | 4.72 | 5.09 | 5.43 | 5.80 | 6.13 | 6.51 | 6.84 |
| Fibonacci | 5.10 | 5.37 | 5.54 | 5.81 | 6.08 | 6.24 | 6.51 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.55 | 3.70 | 4.68 | 5.82 | 6.80 | 7.94 | 8.93 |
| Camarilla | 5.08 | 5.27 | 5.46 | 5.66 | 5.85 | 6.05 | 6.24 |
| Woodie | 2.47 | 3.66 | 4.60 | 5.78 | 6.72 | 7.90 | 8.85 |
| Fibonacci | 3.70 | 4.51 | 5.01 | 5.82 | 6.63 | 7.13 | 7.94 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 60.56 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | 13.13 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 7.07 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.19 | |
| Elder Ray (13): | 0.06 | |
| Super Trend (3,10): | 6.92 | |
| Zig ZAG (10): | 7.07 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 62.89 | |
| TEMA (21): | 7.12 | |
| Williams %R (14): | -37.23 | |
| Chande Momentum Oscillator (20): | 0.23 | |
| Repulse (5,40,3): | -0.2700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 7.06 |
| MA7: | 7.09 | |
| MA20: | 6.22 | |
| MA50: | 6.26 | |
| MA100: | 5.78 | |
| MAexp7: | 7.07 | |
| MAexp20: | 6.99 | |
| MAexp50: | 6.92 | |
| MAexp100: | 6.92 | |
| Price / MA7: | +2.68% | |
| Price / MA20: | +17.04% | |
| Price / MA50: | +16.29% | |
| Price / MA100: | +25.95% | |
| Price / MAexp7: | +2.97% | |
| Price / MAexp20: | +4.15% | |
| Price / MAexp50: | +5.20% | |
| Price / MAexp100: | +5.20% |
Quotes :
2021-01-09 13:19:21
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Real time data
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