ETHEREUM - ETH/BTC - Weekly - Technical analysis published on 09/26/2019 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 0.025348 BTC
My targets
0.011500 BTC (-43.05%)
My analysis
ETHEREUM - ETH/BTC is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.025348 BTC. The next support located at 0.011500 BTC is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
6.6
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.
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Additional analysis
Quotes
The ETHEREUM - ETH/BTC rating is 0.020192 BTC. The price is up -5.93% over 5 days with the lowest point at 0.018806 BTC and the highest point at 0.021563 BTC. The deviation from the price is +7.37% for the low point and -6.36% for the high point.0.020024
0.020224
0.020192
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ETHEREUM - ETH/BTC:
Technical
Technical analysis of ETHEREUM - ETH/BTC in Weekly shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Weekly
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : Weekly
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.011500 | 0.020192 | 0.025348 | 0.084670 | 0.113100 |
| Change (%) | -43.05% | - | +25.53% | +319.32% | +460.12% |
| Change | -0.008692 | - | +0.005156 | +0.064478 | +0.092908 |
| Level | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 0.018735 | 0.019089 | 0.019622 | 0.019976 | 0.020509 | 0.020863 | 0.021396 |
| Camarilla | 0.019910 | 0.019991 | 0.020073 | 0.020154 | 0.020235 | 0.020317 | 0.020398 |
| Woodie | 0.018824 | 0.019134 | 0.019711 | 0.020021 | 0.020598 | 0.020908 | 0.021485 |
| Fibonacci | 0.019089 | 0.019428 | 0.019638 | 0.019976 | 0.020315 | 0.020525 | 0.020863 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.014822 | 0.016437 | 0.018991 | 0.020606 | 0.023160 | 0.024775 | 0.027329 |
| Camarilla | 0.020400 | 0.020782 | 0.021164 | 0.021546 | 0.021928 | 0.022310 | 0.022693 |
| Woodie | 0.015293 | 0.016672 | 0.019462 | 0.020841 | 0.023631 | 0.025010 | 0.027800 |
| Fibonacci | 0.016437 | 0.018029 | 0.019013 | 0.020606 | 0.022198 | 0.023182 | 0.024775 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.011656 | 0.014419 | 0.016156 | 0.018919 | 0.020656 | 0.023419 | 0.025156 |
| Camarilla | 0.016656 | 0.017068 | 0.017481 | 0.017893 | 0.018306 | 0.018718 | 0.019131 |
| Woodie | 0.011143 | 0.014163 | 0.015643 | 0.018663 | 0.020143 | 0.023163 | 0.024643 |
| Fibonacci | 0.014419 | 0.016138 | 0.017200 | 0.018919 | 0.020638 | 0.021700 | 0.023419 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 38.63 | |
| MACD (12,26,9): | -0.0037 | |
| Directional Movement: | -11.280689 | |
| AROON (14): | -78.571426 | |
| DEMA (21): | 0.017993 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.016272 | |
| Elder Ray (13): | -0.000886 | |
| Super Trend (3,10): | 0.025288 | |
| Zig ZAG (10): | 0.020176 | |
| VORTEX (21): | 0.8607 | |
| Stochastique (14,3,5): | 26.95 | |
| TEMA (21): | 0.017801 | |
| Williams %R (14): | -69.66 | |
| Chande Momentum Oscillator (20): | -0.005415 | |
| Repulse (5,40,3): | 8.3971 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -1.7974 | |
| Courbe Coppock: | 66.49 |
| MA7: | 0.020664 | |
| MA20: | 0.019259 | |
| MA50: | 0.018530 | |
| MA100: | 0.021152 | |
| MAexp7: | 0.019762 | |
| MAexp20: | 0.022920 | |
| MAexp50: | 0.030426 | |
| MAexp100: | 0.037076 | |
| Price / MA7: | -2.28% | |
| Price / MA20: | +4.84% | |
| Price / MA50: | +8.97% | |
| Price / MA100: | -4.54% | |
| Price / MAexp7: | +2.18% | |
| Price / MAexp20: | -11.90% | |
| Price / MAexp50: | -33.64% | |
| Price / MAexp100: | -45.54% |
This member declared not having a position on this financial instrument or a related financial instrument.
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