ETHEREUM CLASSIC - ETC/USDT - 1H - Technical analysis published on 12/02/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 19.73 USDT
My targets
19.36 USDT (-0.87%)
19.13 USDT (-2.05%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ETHEREUM CLASSIC - ETC/USDT as long as the price remains well below 19.73 USDT. The sellers' bearish objective is set at 19.36 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 19.13 USDT. In case of crossing, the next objective would be the support located at 18.46 USDT.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5
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Additional analysis
Quotes
The ETHEREUM CLASSIC - ETC/USDT price is 19.53 USDT. The price registered a decrease of -1.06% on the session and was between 19.32 USDT and 19.86 USDT. This implies that the price is at +1.09% from its lowest and at -1.66% from its highest.19.32
19.86
19.53
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:
Technical
A technical analysis in 1H of this ETHEREUM CLASSIC - ETC/USDT chart shows a bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 18.46 | 19.13 | 19.36 | 19.53 | 19.73 | 20.39 | 20.60 |
| Change (%) | -5.48% | -2.05% | -0.87% | - | +1.02% | +4.40% | +5.48% |
| Change | -1.07 | -0.40 | -0.17 | - | +0.20 | +0.86 | +1.07 |
| Level | Minor | Minor | Minor | - | Major | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.83 | 19.24 | 19.49 | 19.90 | 20.15 | 20.56 | 20.81 |
| Camarilla | 19.56 | 19.62 | 19.68 | 19.74 | 19.80 | 19.86 | 19.92 |
| Woodie | 18.75 | 19.20 | 19.41 | 19.86 | 20.07 | 20.52 | 20.73 |
| Fibonacci | 19.24 | 19.49 | 19.65 | 19.90 | 20.15 | 20.31 | 20.56 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.01 | 15.61 | 17.74 | 19.34 | 21.47 | 23.07 | 25.20 |
| Camarilla | 18.84 | 19.19 | 19.53 | 19.87 | 20.21 | 20.55 | 20.90 |
| Woodie | 14.28 | 15.74 | 18.01 | 19.47 | 21.74 | 23.20 | 25.47 |
| Fibonacci | 15.61 | 17.04 | 17.92 | 19.34 | 20.77 | 21.65 | 23.07 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.38 | 11.80 | 16.04 | 21.46 | 25.70 | 31.12 | 35.36 |
| Camarilla | 17.63 | 18.52 | 19.41 | 20.29 | 21.18 | 22.06 | 22.95 |
| Woodie | 5.80 | 11.51 | 15.46 | 21.17 | 25.12 | 30.83 | 34.78 |
| Fibonacci | 11.80 | 15.49 | 17.77 | 21.46 | 25.15 | 27.43 | 31.12 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 40.20 | |
| MACD (12,26,9): | -0.0700 | |
| Directional Movement: | -17.25 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 19.53 | |
| Parabolic SAR (0,02-0,02-0,2): | 19.40 | |
| Elder Ray (13): | -0.07 | |
| Super Trend (3,10): | 19.92 | |
| Zig ZAG (10): | 19.48 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 46.91 | |
| TEMA (21): | 19.51 | |
| Williams %R (14): | -70.37 | |
| Chande Momentum Oscillator (20): | -0.04 | |
| Repulse (5,40,3): | -0.5600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 1.48 |
| MA7: | 19.73 | |
| MA20: | 19.65 | |
| MA50: | 21.94 | |
| MA100: | 26.56 | |
| MAexp7: | 19.58 | |
| MAexp20: | 19.64 | |
| MAexp50: | 19.73 | |
| MAexp100: | 19.74 | |
| Price / MA7: | -1.01% | |
| Price / MA20: | -0.61% | |
| Price / MA50: | -10.98% | |
| Price / MA100: | -26.47% | |
| Price / MAexp7: | -0.26% | |
| Price / MAexp20: | -0.56% | |
| Price / MAexp50: | -1.01% | |
| Price / MAexp100: | -1.06% |
Quotes :
-
Real time data
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Cryptocompare
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