ETHEREUM CLASSIC - ETC/USDT - 1H - Technical analysis published on 11/30/2022 (GMT)
- 165
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 19.36 USDT
My targets
20.57 USDT (+3.11%)
20.94 USDT (+4.96%)
My analysis
ETHEREUM CLASSIC - ETC/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 19.36 USDT. The next resistance located at 20.57 USDT is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 20.94 USDT. After this resistance, buyers could then target 21.68 USDT.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
4.8
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ETHEREUM CLASSIC - ETC/USDT rating 19.95 USDT. The price has increased by +2.20% since the last closing and was traded between 19.47 USDT and 20.47 USDT over the period. The price is currently at +2.47% from its lowest and -2.54% from its highest.19.47
20.47
19.95
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ETHEREUM CLASSIC - ETC/USDT:
Technical
A technical analysis in 1H of this ETHEREUM CLASSIC - ETC/USDT chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals 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: 6 are bullish, 7 are neutral and 5 are bearish. The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
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:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 18.46 | 19.36 | 19.84 | 19.95 | 20.57 | 20.94 | 21.68 |
| Change (%) | -7.47% | -2.96% | -0.55% | - | +3.11% | +4.96% | +8.67% |
| Change | -1.49 | -0.59 | -0.11 | - | +0.62 | +0.99 | +1.73 |
| Level | Minor | Intermediate | Major | - | Minor | Intermediate | Minor |
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 | 18.44 | 18.78 | 19.15 | 19.49 | 19.86 | 20.20 | 20.57 |
| Camarilla | 19.33 | 19.39 | 19.46 | 19.52 | 19.59 | 19.65 | 19.72 |
| Woodie | 18.46 | 18.79 | 19.17 | 19.50 | 19.88 | 20.21 | 20.59 |
| Fibonacci | 18.78 | 19.05 | 19.22 | 19.49 | 19.76 | 19.93 | 20.20 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 14.01 | 15.61 | 17.74 | 19.34 | 21.47 | 23.07 | 25.20 |
| Camarilla | 18.84 | 19.19 | 19.53 | 19.87 | 20.21 | 20.55 | 20.90 |
| Woodie | 14.28 | 15.74 | 18.01 | 19.47 | 21.74 | 23.20 | 25.47 |
| Fibonacci | 15.61 | 17.04 | 17.92 | 19.34 | 20.77 | 21.65 | 23.07 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.10 | 17.95 | 21.11 | 23.96 | 27.12 | 29.97 | 33.13 |
| Camarilla | 22.61 | 23.16 | 23.71 | 24.26 | 24.81 | 25.36 | 25.91 |
| Woodie | 15.25 | 18.03 | 21.26 | 24.04 | 27.27 | 30.05 | 33.28 |
| Fibonacci | 17.95 | 20.25 | 21.67 | 23.96 | 26.26 | 27.68 | 29.97 |
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): | 55.64 | |
| MACD (12,26,9): | 0.1300 | |
| Directional Movement: | 1.82 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 20.05 | |
| Parabolic SAR (0,02-0,02-0,2): | 19.72 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 19.73 | |
| Zig ZAG (10): | 19.95 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 49.00 | |
| TEMA (21): | 20.10 | |
| Williams %R (14): | -52.00 | |
| Chande Momentum Oscillator (20): | 0.36 | |
| Repulse (5,40,3): | -0.3200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 5.00 |
| MA7: | 19.83 | |
| MA20: | 19.77 | |
| MA50: | 22.09 | |
| MA100: | 26.86 | |
| MAexp7: | 19.98 | |
| MAexp20: | 19.88 | |
| MAexp50: | 19.71 | |
| MAexp100: | 19.66 | |
| Price / MA7: | +0.61% | |
| Price / MA20: | +0.91% | |
| Price / MA50: | -9.69% | |
| Price / MA100: | -25.73% | |
| Price / MAexp7: | -0.15% | |
| Price / MAexp20: | +0.35% | |
| Price / MAexp50: | +1.22% | |
| Price / MAexp100: | +1.48% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis ETHEREUM CLASSIC - ETC/USDT - 1H