ETHEREUM CLASSIC - ETC/BTC - Weekly - Technical analysis published on 02/08/2022 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 0.000836 BTC
My targets
0.000588 BTC (-17.76%)
0.000495 BTC (-30.77%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ETHEREUM CLASSIC - ETC/BTC as long as the price remains well below 0.000836 BTC. The sellers' bearish objective is set at 0.000588 BTC. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.000495 BTC. In case of crossing, the next objective would be the support located at 0.000173 BTC.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.4
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This analysis was given by Rom_bitc. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ETHEREUM CLASSIC - ETC/BTC rating is 0.000715 BTC. The price is up +0.28% over 5 days and was traded between 0.000699 BTC and 0.000759 BTC over the period. The price is currently at +2.29% from its lowest point and -5.80% from its highest point.0.000699
0.000759
0.000715
Here is a more detailed summary of the historical variations registered by ETHEREUM CLASSIC - ETC/BTC:
Technical
Technical analysis of ETHEREUM CLASSIC - ETC/BTC in Weekly shows an overall bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.000173 | 0.000495 | 0.000715 | 0.000836 | 0.001310 | 0.001578 |
| Change (%) | -75.80% | -30.77% | - | +16.92% | +83.22% | +120.70% |
| Change | -0.000542 | -0.000220 | - | +0.000121 | +0.000595 | +0.000863 |
| Level | Minor | Intermediate | - | Intermediate | Intermediate | 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 | 0.000640 | 0.000671 | 0.000708 | 0.000739 | 0.000776 | 0.000807 | 0.000844 |
| Camarilla | 0.000726 | 0.000733 | 0.000739 | 0.000745 | 0.000751 | 0.000758 | 0.000764 |
| Woodie | 0.000643 | 0.000673 | 0.000711 | 0.000741 | 0.000779 | 0.000809 | 0.000847 |
| Fibonacci | 0.000671 | 0.000697 | 0.000713 | 0.000739 | 0.000765 | 0.000781 | 0.000807 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000550 | 0.000602 | 0.000657 | 0.000709 | 0.000764 | 0.000816 | 0.000871 |
| Camarilla | 0.000683 | 0.000692 | 0.000702 | 0.000712 | 0.000722 | 0.000732 | 0.000741 |
| Woodie | 0.000552 | 0.000603 | 0.000659 | 0.000710 | 0.000766 | 0.000817 | 0.000873 |
| Fibonacci | 0.000602 | 0.000643 | 0.000668 | 0.000709 | 0.000750 | 0.000775 | 0.000816 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000389 | 0.000508 | 0.000588 | 0.000707 | 0.000787 | 0.000906 | 0.000986 |
| Camarilla | 0.000613 | 0.000632 | 0.000650 | 0.000668 | 0.000686 | 0.000705 | 0.000723 |
| Woodie | 0.000370 | 0.000498 | 0.000569 | 0.000697 | 0.000768 | 0.000896 | 0.000967 |
| Fibonacci | 0.000508 | 0.000584 | 0.000631 | 0.000707 | 0.000783 | 0.000830 | 0.000906 |
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): | 40.61 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 2.691674 | |
| AROON (14): | -71.428572 | |
| DEMA (21): | 0.000703 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000790 | |
| Elder Ray (13): | -0.000030 | |
| Super Trend (3,10): | 0.001069 | |
| Zig ZAG (10): | 0.000717 | |
| VORTEX (21): | 0.8119 | |
| Stochastique (14,3,5): | 20.44 | |
| TEMA (21): | 0.000607 | |
| Williams %R (14): | -73.81 | |
| Chande Momentum Oscillator (20): | -0.000145 | |
| Repulse (5,40,3): | -4.8615 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -1.4074 | |
| Courbe Coppock: | 43.46 |
| MA7: | 0.000722 | |
| MA20: | 0.000692 | |
| MA50: | 0.000717 | |
| MA100: | 0.000772 | |
| MAexp7: | 0.000720 | |
| MAexp20: | 0.000822 | |
| MAexp50: | 0.000877 | |
| MAexp100: | 0.000915 | |
| Price / MA7: | -0.97% | |
| Price / MA20: | +3.32% | |
| Price / MA50: | -0.28% | |
| Price / MA100: | -7.38% | |
| Price / MAexp7: | -0.69% | |
| Price / MAexp20: | -13.02% | |
| Price / MAexp50: | -18.47% | |
| Price / MAexp100: | -21.86% |
Quotes :
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Real time data
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Cryptocompare
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