ETHEREUM - ETH/BTC - 1H - Technical analysis published on 09/26/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bearish
Technical indicators
56%
6%
39%
My opinion
Bullish above 0.019834 BTC
My targets
0.020267 BTC (+0.41%)
0.021021 BTC (+4.15%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for ETHEREUM - ETH/BTC as long as the price remains well above 0.019834 BTC. The buyers” bullish objective is set at 0.020267 BTC. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.021021 BTC. If there is any crossing, the next objective would be the resistance located at 0.021312 BTC. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 0.020267 BTC. On this resistance, against the trend traders who would like to go short on ETHEREUM - ETH/BTC with a bearish signal from their trading strategy, should not hesitate to act.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
2.3
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Additional analysis
Quotes
The ETHEREUM - ETH/BTC rating is 0.020184 BTC. The price has increased by +0.15% since the last closing and was traded between 0.020024 BTC and 0.020224 BTC over the period. The price is currently at +0.80% from its lowest and -0.20% from its highest.0.020024
0.020224
0.020184
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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 1H shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. An assessment of moving averages reveals a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 1 hour
The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
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:
Horizontal support is broken
Type : Bearish
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 | 0.017799 | 0.018806 | 0.019834 | 0.020184 | 0.020267 | 0.021021 | 0.021312 |
| Change (%) | -11.82% | -6.83% | -1.73% | - | +0.41% | +4.15% | +5.59% |
| Change | -0.002385 | -0.001378 | -0.000350 | - | +0.000083 | +0.000837 | +0.001128 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Minor | Intermediate |
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 | 0.018735 | 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): | 54.29 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 2.526295 | |
| AROON (14): | -35.714287 | |
| DEMA (21): | 0.020132 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.020092 | |
| Elder Ray (13): | 0.000050 | |
| Super Trend (3,10): | 0.020325 | |
| Zig ZAG (10): | 0.020176 | |
| VORTEX (21): | 1.0709 | |
| Stochastique (14,3,5): | 63.37 | |
| TEMA (21): | 0.020221 | |
| Williams %R (14): | -26.37 | |
| Chande Momentum Oscillator (20): | -0.000017 | |
| Repulse (5,40,3): | 0.0835 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0313 | |
| Courbe Coppock: | 0.89 |
| MA7: | 0.020664 | |
| MA20: | 0.019259 | |
| MA50: | 0.018530 | |
| MA100: | 0.021152 | |
| MAexp7: | 0.020146 | |
| MAexp20: | 0.020077 | |
| MAexp50: | 0.020143 | |
| MAexp100: | 0.020360 | |
| Price / MA7: | -2.32% | |
| Price / MA20: | +4.80% | |
| Price / MA50: | +8.93% | |
| Price / MA100: | -4.58% | |
| Price / MAexp7: | +0.19% | |
| Price / MAexp20: | +0.53% | |
| Price / MAexp50: | +0.20% | |
| Price / MAexp100: | -0.86% |
This member declared not having a position on this financial instrument or a related financial instrument.
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