ETHEREUM - ETH/BTC
ETHEREUM - ETH/BTC
- BTC (-)
- Real time data - Cryptocompare
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Change: -
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Type: Cryptocurrencies
Ticker: ETHBTC
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ETHEREUM - ETH/BTC - 1H - Technical analysis published on 10/31/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 0.068061 BTC
My targets
0.072665 BTC (+2.65%)
0.075076 BTC (+6.05%)
My analysis
The bullish trend is currently very strong on ETHEREUM - ETH/BTC. As long as the price remains above the support at 0.068061 BTC, you could try to benefit from the boom. The first bullish objective is located at 0.072665 BTC. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.075076 BTC as an objective. Crossing it would then enable buyers to target 0.078705 BTC. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Salomon Jr. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The ETHEREUM - ETH/BTC rating is 0.070790 BTC. The price has increased by +1.33% since the last closing and was between 0.069575 BTC and 0.070843 BTC. This implies that the price is at +1.75% from its lowest and at -0.07% from its highest.

0.069575
0.070843
0.070790

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this ETHEREUM - ETH/BTC chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.065307 0.066973 0.068061 0.070790 0.070882 0.075076 0.078705
Change (%) -7.75% -5.39% -3.86% - +0.13% +6.05% +11.18%
Change -0.005483 -0.003817 -0.002729 - +0.000092 +0.004286 +0.007915
Level Minor Minor Intermediate - Major Minor Major



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
Standard0.0675820.0684870.0691760.0700810.0707700.0716750.072364
Camarilla0.0694260.0695720.0697180.0698640.0700100.0701560.070302
Woodie0.0674730.0684330.0690670.0700270.0706610.0716210.072255
Fibonacci0.0684870.0690960.0694720.0700810.0706900.0710660.071675


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0597050.0625060.0661850.0689860.0726650.0754660.079145
Camarilla0.0680820.0686760.0692700.0698640.0704580.0710520.071646
Woodie0.0601440.0627260.0666240.0692060.0731040.0756860.079584
Fibonacci0.0625060.0649810.0665110.0689860.0714610.0729910.075466


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0550530.0607820.0646310.0703600.0742090.0799380.083787
Camarilla0.0658450.0667230.0676010.0684790.0693570.0702350.071113
Woodie0.0541120.0603120.0636900.0698900.0732680.0794680.082846
Fibonacci0.0607820.0644410.0667020.0703600.0740190.0762800.079938

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): 60.30
MACD (12,26,9): 0.0000
Directional Movement: 6.624786
AROON (14): 35.714287
DEMA (21): 0.070211
Parabolic SAR (0,02-0,02-0,2): 0.069488
Elder Ray (13): 0.000488
Super Trend (3,10): 0.069634
Zig ZAG (10): 0.070759
VORTEX (21): 1.0089
Stochastique (14,3,5): 88.35
TEMA (21): 0.070179
Williams %R (14): -4.21
Chande Momentum Oscillator (20): 0.000918
Repulse (5,40,3): 0.8585
ROCnROLL: 1
TRIX (15,9): -0.0239
Courbe Coppock: 0.14
MA7: 0.069249
MA20: 0.065684
MA50: 0.067840
MA100: 0.068037
MAexp7: 0.070310
MAexp20: 0.070239
MAexp50: 0.070123
MAexp100: 0.069489
Price / MA7: +2.23%
Price / MA20: +7.77%
Price / MA50: +4.35%
Price / MA100: +4.05%
Price / MAexp7: +0.68%
Price / MAexp20: +0.78%
Price / MAexp50: +0.95%
Price / MAexp100: +1.87%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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