ETHEREUM - ETH/BTC - 1H - Technical analysis published on 08/18/2022 (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
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.077929 BTC
My targets
0.080079 BTC (+1.13%)
0.081790 BTC (+3.29%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ETHEREUM - ETH/BTC as long as the price remains well above 0.077929 BTC. The buyers' bullish objective is set at 0.080079 BTC. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.081790 BTC. If there is any crossing, the next objective would be the resistance located at 0.087910 BTC.
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
6.3
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Additional analysis
Quotes
ETHEREUM - ETH/BTC rating 0.079186 BTC. On the day, this instrument gained +0.76% and was traded between 0.078224 BTC and 0.079824 BTC over the period. The price is currently at +1.23% from its lowest and -0.80% from its highest.0.078224
0.079824
0.079186
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:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on ETHEREUM - ETH/BTC were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this ETHEREUM - ETH/BTC chart shows a bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.076219 | 0.077929 | 0.078917 | 0.079186 | 0.080079 | 0.081790 | 0.087910 |
| Change (%) | -3.75% | -1.59% | -0.34% | - | +1.13% | +3.29% | +11.02% |
| Change | -0.002967 | -0.001257 | -0.000269 | - | +0.000893 | +0.002604 | +0.008724 |
| Level | Major | Major | Minor | - | Intermediate | Intermediate | 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 | 0.075487 | 0.076704 | 0.077645 | 0.078862 | 0.079803 | 0.081020 | 0.081961 |
| Camarilla | 0.077993 | 0.078190 | 0.078388 | 0.078586 | 0.078784 | 0.078982 | 0.079180 |
| Woodie | 0.075349 | 0.076635 | 0.077507 | 0.078793 | 0.079665 | 0.080951 | 0.081823 |
| Fibonacci | 0.076704 | 0.077528 | 0.078038 | 0.078862 | 0.079686 | 0.080196 | 0.081020 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.066088 | 0.069313 | 0.075233 | 0.078458 | 0.084378 | 0.087603 | 0.093523 |
| Camarilla | 0.078638 | 0.079476 | 0.080315 | 0.081153 | 0.081991 | 0.082830 | 0.083668 |
| Woodie | 0.067436 | 0.069987 | 0.076581 | 0.079132 | 0.085726 | 0.088277 | 0.094871 |
| Fibonacci | 0.069313 | 0.072806 | 0.074965 | 0.078458 | 0.081951 | 0.084110 | 0.087603 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.038176 | 0.045680 | 0.058888 | 0.066392 | 0.079600 | 0.087104 | 0.100312 |
| Camarilla | 0.066400 | 0.068299 | 0.070197 | 0.072096 | 0.073995 | 0.075893 | 0.077792 |
| Woodie | 0.041028 | 0.047106 | 0.061740 | 0.067818 | 0.082452 | 0.088530 | 0.103164 |
| Fibonacci | 0.045680 | 0.053592 | 0.058480 | 0.066392 | 0.074304 | 0.079192 | 0.087104 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 52.52 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 13.269794 | |
| AROON (14): | 92.857143 | |
| DEMA (21): | 0.079019 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.078032 | |
| Elder Ray (13): | 0.000070 | |
| Super Trend (3,10): | 0.079746 | |
| Zig ZAG (10): | 0.079086 | |
| VORTEX (21): | 1.0738 | |
| Stochastique (14,3,5): | 64.32 | |
| TEMA (21): | 0.079125 | |
| Williams %R (14): | -51.31 | |
| Chande Momentum Oscillator (20): | 0.000225 | |
| Repulse (5,40,3): | 0.0529 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0054 | |
| Courbe Coppock: | 0.76 |
| MA7: | 0.079472 | |
| MA20: | 0.075440 | |
| MA50: | 0.067267 | |
| MA100: | 0.063845 | |
| MAexp7: | 0.079096 | |
| MAexp20: | 0.078942 | |
| MAexp50: | 0.078927 | |
| MAexp100: | 0.078929 | |
| Price / MA7: | -0.36% | |
| Price / MA20: | +4.97% | |
| Price / MA50: | +17.72% | |
| Price / MA100: | +24.03% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.31% | |
| Price / MAexp50: | +0.33% | |
| Price / MAexp100: | +0.33% |
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.
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