ETHEREUM - ETH/BTC - 1H - Technical analysis published on 01/14/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 0.076928 BTC
My targets
0.073867 BTC (-3.06%)
0.070882 BTC (-6.98%)
My analysis
ETHEREUM - ETH/BTC is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 0.076928 BTC, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 0.073867 BTC. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 0.070882 BTC would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 0.060318 BTC. Beware of a possible return to above the resistance located at 0.076928 BTC which would be a sign of a correction of the short-term bearish excesses registered.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.1
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Additional analysis
Quotes
The ETHEREUM - ETH/BTC price is 0.076201 BTC. On the day, this instrument gained +0.06% with the lowest point at 0.075975 BTC and the highest point at 0.077117 BTC. The deviation from the price is +0.30% for the low point and -1.19% for the high point.0.075975
0.077117
0.076201
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ETHEREUM - ETH/BTC:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ETHEREUM - ETH/BTC indicates that the overall trend is slightly bearish. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
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:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near horizontal support
Type : Bullish
Timeframe : 1 hour
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 | 0.070882 | 0.073867 | 0.076168 | 0.076201 | 0.076928 | 0.078701 | 0.079749 |
Change (%) | -6.98% | -3.06% | -0.04% | - | +0.95% | +3.28% | +4.66% |
Change | -0.005319 | -0.002334 | -0.000033 | - | +0.000727 | +0.002500 | +0.003548 |
Level | Intermediate | Major | Major | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.075018 | 0.075561 | 0.075860 | 0.076403 | 0.076702 | 0.077245 | 0.077544 |
Camarilla | 0.075928 | 0.076005 | 0.076082 | 0.076159 | 0.076236 | 0.076313 | 0.076391 |
Woodie | 0.074896 | 0.075500 | 0.075738 | 0.076342 | 0.076580 | 0.077184 | 0.077422 |
Fibonacci | 0.075561 | 0.075883 | 0.076081 | 0.076403 | 0.076725 | 0.076923 | 0.077245 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.061185 | 0.067330 | 0.070628 | 0.076773 | 0.080071 | 0.086216 | 0.089514 |
Camarilla | 0.071328 | 0.072194 | 0.073059 | 0.073925 | 0.074791 | 0.075656 | 0.076522 |
Woodie | 0.059761 | 0.066618 | 0.069204 | 0.076061 | 0.078647 | 0.085504 | 0.088090 |
Fibonacci | 0.067330 | 0.070938 | 0.073166 | 0.076773 | 0.080381 | 0.082609 | 0.086216 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.064212 | 0.070802 | 0.075184 | 0.081774 | 0.086156 | 0.092746 | 0.097128 |
Camarilla | 0.076549 | 0.077555 | 0.078560 | 0.079566 | 0.080572 | 0.081578 | 0.082583 |
Woodie | 0.063108 | 0.070250 | 0.074080 | 0.081222 | 0.085052 | 0.092194 | 0.096024 |
Fibonacci | 0.070802 | 0.074993 | 0.077583 | 0.081774 | 0.085965 | 0.088555 | 0.092746 |
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): | 42.84 | |
MACD (12,26,9): | -0.0001 | |
Directional Movement: | -11.366866 | |
AROON (14): | -71.428571 | |
DEMA (21): | 0.076337 | |
Parabolic SAR (0,02-0,02-0,2): | 0.076848 | |
Elder Ray (13): | -0.000285 | |
Super Trend (3,10): | 0.077014 | |
Zig ZAG (10): | 0.076192 | |
VORTEX (21): | 0.9402 | |
Stochastique (14,3,5): | 14.80 | |
TEMA (21): | 0.076195 | |
Williams %R (14): | -85.64 | |
Chande Momentum Oscillator (20): | -0.000532 | |
Repulse (5,40,3): | -0.1324 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0061 | |
Courbe Coppock: | 0.70 |
MA7: | 0.075409 | |
MA20: | 0.078235 | |
MA50: | 0.080348 | |
MA100: | 0.074673 | |
MAexp7: | 0.076253 | |
MAexp20: | 0.076423 | |
MAexp50: | 0.076371 | |
MAexp100: | 0.076241 | |
Price / MA7: | +1.05% | |
Price / MA20: | -2.60% | |
Price / MA50: | -5.16% | |
Price / MA100: | +2.05% | |
Price / MAexp7: | -0.07% | |
Price / MAexp20: | -0.29% | |
Price / MAexp50: | -0.22% | |
Price / MAexp100: | -0.05% |
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.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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