ETHEREUM - ETH/BTC - 15 min. - Technical analysis published on 10/27/2021 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
50%
0%
50%
My opinion
Bearish under 0.068215 BTC
My targets
0.065607 BTC (-2.29%)
0.064438 BTC (-4.03%)
My analysis
The bearish basic trend is very strong on ETHEREUM - ETH/BTC but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.068215 BTC. Crossing the first support at 0.065607 BTC would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.064438 BTC as an objective. Crossing it would then enable sellers to target 0.061389 BTC. Caution, a return to above the resistance located at 0.068215 BTC would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
3
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This analysis was given by Salomon Jr. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ETHEREUM - ETH/BTC rating 0.067143 BTC. The price registered a decrease of -1.96% on the session with the lowest point at 0.066973 BTC and the highest point at 0.070346 BTC. The deviation from the price is +0.25% for the low point and -4.55% for the high point.0.066973
0.070346
0.067143
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this ETHEREUM - ETH/BTC chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
The probability of a further increase is slight given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of triangle is broken
Type : Bearish
Timeframe : 15 minutes
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.059327 | 0.061389 | 0.065307 | 0.067143 | 0.068065 | 0.070882 | 0.075076 |
| Change (%) | -11.64% | -8.57% | -2.73% | - | +1.37% | +5.57% | +11.82% |
| Change | -0.007816 | -0.005754 | -0.001836 | - | +0.000922 | +0.003739 | +0.007933 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.064438 | 0.065607 | 0.067046 | 0.068215 | 0.069654 | 0.070823 | 0.072262 |
| Camarilla | 0.067768 | 0.068007 | 0.068246 | 0.068485 | 0.068724 | 0.068963 | 0.069202 |
| Woodie | 0.064573 | 0.065675 | 0.067181 | 0.068283 | 0.069789 | 0.070891 | 0.072397 |
| Fibonacci | 0.065607 | 0.066603 | 0.067219 | 0.068215 | 0.069211 | 0.069827 | 0.070823 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.053473 | 0.056400 | 0.062197 | 0.065124 | 0.070921 | 0.073848 | 0.079645 |
| Camarilla | 0.065595 | 0.066395 | 0.067194 | 0.067994 | 0.068794 | 0.069593 | 0.070393 |
| Woodie | 0.054908 | 0.057118 | 0.063632 | 0.065842 | 0.072356 | 0.074566 | 0.081080 |
| Fibonacci | 0.056400 | 0.059733 | 0.061791 | 0.065124 | 0.068457 | 0.070515 | 0.073848 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.054305 | 0.060408 | 0.064444 | 0.070547 | 0.074583 | 0.080686 | 0.084722 |
| Camarilla | 0.065691 | 0.066620 | 0.067550 | 0.068479 | 0.069408 | 0.070338 | 0.071267 |
| Woodie | 0.053271 | 0.059891 | 0.063410 | 0.070030 | 0.073549 | 0.080169 | 0.083688 |
| Fibonacci | 0.060408 | 0.064281 | 0.066674 | 0.070547 | 0.074420 | 0.076813 | 0.080686 |
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): | 54.78 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 5.371011 | |
| AROON (14): | 78.571426 | |
| DEMA (21): | 0.067746 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.067539 | |
| Elder Ray (13): | 0.000144 | |
| Super Trend (3,10): | 0.068244 | |
| Zig ZAG (10): | 0.067862 | |
| VORTEX (21): | 1.0651 | |
| Stochastique (14,3,5): | 76.91 | |
| TEMA (21): | 0.067834 | |
| Williams %R (14): | -36.28 | |
| Chande Momentum Oscillator (20): | 0.000097 | |
| Repulse (5,40,3): | -0.0906 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0115 | |
| Courbe Coppock: | 0.18 |
| MA7: | 0.066986 | |
| MA20: | 0.064370 | |
| MA50: | 0.068084 | |
| MA100: | 0.067701 | |
| MAexp7: | 0.067820 | |
| MAexp20: | 0.067784 | |
| MAexp50: | 0.067940 | |
| MAexp100: | 0.068034 | |
| Price / MA7: | +0.23% | |
| Price / MA20: | +4.31% | |
| Price / MA50: | -1.38% | |
| Price / MA100: | -0.82% | |
| Price / MAexp7: | -1.00% | |
| Price / MAexp20: | -0.95% | |
| Price / MAexp50: | -1.17% | |
| Price / MAexp100: | -1.31% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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