ETHEREUM - ETH/BTC - 1H - Technical analysis published on 12/01/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
39%
0%
61%
My opinion
Bearish under 0.020133 BTC
My targets
0.019337 BTC (-3.72%)
0.017798 BTC (-11.38%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ETHEREUM - ETH/BTC. As long as you are under the resistance located at 0.020133 BTC, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.019337 BTC would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.017798 BTC as an objective. Crossing it would then enable sellers to target 0.016407 BTC. If the resistance 0.020133 BTC were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
1.3
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This analysis was given by insight. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ETHEREUM - ETH/BTC rating is 0.020084 BTC. On the day, this instrument lost -0.02% with the lowest point at 0.020018 BTC and the highest point at 0.020094 BTC. The deviation from the price is +0.33% for the low point and -0.05% for the high point.0.020018
0.020094
0.020084
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 bearish. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, only 7 technical indicators out of 18 studied are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.016407 | 0.017798 | 0.019337 | 0.020084 | 0.020133 | 0.020509 | 0.020831 |
| Change (%) | -18.31% | -11.38% | -3.72% | - | +0.24% | +2.12% | +3.72% |
| Change | -0.003677 | -0.002286 | -0.000747 | - | +0.000049 | +0.000425 | +0.000747 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.019503 | 0.019653 | 0.019871 | 0.020021 | 0.020239 | 0.020389 | 0.020607 |
| Camarilla | 0.019987 | 0.020021 | 0.020054 | 0.020088 | 0.020122 | 0.020156 | 0.020189 |
| Woodie | 0.019536 | 0.019670 | 0.019904 | 0.020038 | 0.020272 | 0.020406 | 0.020640 |
| Fibonacci | 0.019653 | 0.019794 | 0.019881 | 0.020021 | 0.020162 | 0.020249 | 0.020389 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.018127 | 0.018923 | 0.019505 | 0.020301 | 0.020883 | 0.021679 | 0.022261 |
| Camarilla | 0.019709 | 0.019835 | 0.019962 | 0.020088 | 0.020214 | 0.020341 | 0.020467 |
| Woodie | 0.018021 | 0.018870 | 0.019399 | 0.020248 | 0.020777 | 0.021626 | 0.022155 |
| Fibonacci | 0.018923 | 0.019449 | 0.019774 | 0.020301 | 0.020827 | 0.021152 | 0.021679 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.016828 | 0.018175 | 0.019132 | 0.020479 | 0.021436 | 0.022783 | 0.023740 |
| Camarilla | 0.019454 | 0.019666 | 0.019877 | 0.020088 | 0.020299 | 0.020510 | 0.020722 |
| Woodie | 0.016632 | 0.018078 | 0.018936 | 0.020382 | 0.021240 | 0.022686 | 0.023544 |
| Fibonacci | 0.018175 | 0.019056 | 0.019599 | 0.020479 | 0.021360 | 0.021903 | 0.022783 |
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): | 52.72 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 0.158531 | |
| AROON (14): | 57.142857 | |
| DEMA (21): | 0.020062 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.020172 | |
| Elder Ray (13): | -0.000014 | |
| Super Trend (3,10): | 0.020186 | |
| Zig ZAG (10): | 0.020086 | |
| VORTEX (21): | 1.0872 | |
| Stochastique (14,3,5): | 73.70 | |
| TEMA (21): | 0.020119 | |
| Williams %R (14): | -34.10 | |
| Chande Momentum Oscillator (20): | 0.000150 | |
| Repulse (5,40,3): | 0.0979 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0007 | |
| Courbe Coppock: | 1.74 |
| MA7: | 0.020266 | |
| MA20: | 0.020897 | |
| MA50: | 0.020845 | |
| MA100: | 0.020202 | |
| MAexp7: | 0.020089 | |
| MAexp20: | 0.020054 | |
| MAexp50: | 0.020100 | |
| MAexp100: | 0.020226 | |
| Price / MA7: | -0.90% | |
| Price / MA20: | -3.89% | |
| Price / MA50: | -3.65% | |
| Price / MA100: | -0.58% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | +0.15% | |
| Price / MAexp50: | -0.08% | |
| Price / MAexp100: | -0.70% |
This member declared not having a position on this financial instrument or a related financial instrument.
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