ETHEREUM - ETH/BTC - 1H - Technical analysis published on 10/22/2019 (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 bearish
De fond:
Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 0.021201 BTC
My targets
0.021021 BTC (-0.62%)
0.019515 BTC (-7.74%)
My analysis
The bearish trend is currently very strong for ETHEREUM - ETH/BTC. As long as the price remains below the resistance at 0.021201 BTC, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.021021 BTC. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.019515 BTC as an objective. Crossing it would then enable sellers to target 0.017742 BTC. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
6.6
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Additional analysis
Quotes
The ETHEREUM - ETH/BTC rating is 0.021153 BTC. The price registered a decrease of -0.32% on the session with the lowest point at 0.021150 BTC and the highest point at 0.021347 BTC. The deviation from the price is +0.01% for the low point and -0.91% for the high point.0.021150
0.021347
0.021153
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ETHEREUM - ETH/BTC:
Technical
Technical analysis of this 1H chart of ETHEREUM - ETH/BTC indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 5 are neutral and 8 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.017742 | 0.019515 | 0.021021 | 0.021153 | 0.021201 | 0.021473 | 0.021716 |
| Change (%) | -16.13% | -7.74% | -0.62% | - | +0.23% | +1.51% | +2.66% |
| Change | -0.003411 | -0.001638 | -0.000132 | - | +0.000048 | +0.000320 | +0.000563 |
| Level | Minor | Minor | Major | - | Minor | 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 | 0.020532 | 0.020772 | 0.020996 | 0.021236 | 0.021460 | 0.021700 | 0.021924 |
| Camarilla | 0.021092 | 0.021135 | 0.021178 | 0.021220 | 0.021263 | 0.021305 | 0.021348 |
| Woodie | 0.020524 | 0.020768 | 0.020988 | 0.021232 | 0.021452 | 0.021696 | 0.021916 |
| Fibonacci | 0.020772 | 0.020949 | 0.021059 | 0.021236 | 0.021413 | 0.021523 | 0.021700 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.020133 | 0.020773 | 0.021191 | 0.021831 | 0.022249 | 0.022889 | 0.023307 |
| Camarilla | 0.021318 | 0.021415 | 0.021512 | 0.021609 | 0.021706 | 0.021803 | 0.021900 |
| Woodie | 0.020022 | 0.020718 | 0.021080 | 0.021776 | 0.022138 | 0.022834 | 0.023196 |
| Fibonacci | 0.020773 | 0.021177 | 0.021427 | 0.021831 | 0.022235 | 0.022485 | 0.022889 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.011832 | 0.013992 | 0.017901 | 0.020061 | 0.023970 | 0.026130 | 0.030039 |
| Camarilla | 0.020142 | 0.020698 | 0.021255 | 0.021811 | 0.022367 | 0.022924 | 0.023480 |
| Woodie | 0.012708 | 0.014429 | 0.018777 | 0.020498 | 0.024846 | 0.026567 | 0.030915 |
| Fibonacci | 0.013992 | 0.016310 | 0.017742 | 0.020061 | 0.022379 | 0.023811 | 0.026130 |
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): | 40.98 | |
| MACD (12,26,9): | -0.0000 | |
| Directional Movement: | -4.442579 | |
| AROON (14): | 71.428574 | |
| DEMA (21): | 0.021204 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.021348 | |
| Elder Ray (13): | -0.000037 | |
| Super Trend (3,10): | 0.021473 | |
| Zig ZAG (10): | 0.021168 | |
| VORTEX (21): | 0.9874 | |
| Stochastique (14,3,5): | 43.59 | |
| TEMA (21): | 0.021225 | |
| Williams %R (14): | -72.33 | |
| Chande Momentum Oscillator (20): | -0.000004 | |
| Repulse (5,40,3): | -0.6284 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0184 | |
| Courbe Coppock: | 0.06 |
| MA7: | 0.021546 | |
| MA20: | 0.021789 | |
| MA50: | 0.020312 | |
| MA100: | 0.019991 | |
| MAexp7: | 0.021217 | |
| MAexp20: | 0.021241 | |
| MAexp50: | 0.021327 | |
| MAexp100: | 0.021469 | |
| Price / MA7: | -1.82% | |
| Price / MA20: | -2.92% | |
| Price / MA50: | +4.14% | |
| Price / MA100: | +5.81% | |
| Price / MAexp7: | -0.30% | |
| Price / MAexp20: | -0.41% | |
| Price / MAexp50: | -0.82% | |
| Price / MAexp100: | -1.47% |
This member declared not having a position on this financial instrument or a related financial instrument.
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