ETHEREUM CLASSIC - ETC/USD - 15 min. - Technical analysis published on 12/27/2020 (GMT)
- 220
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 5.76 USD
My targets
6.03 USD (+0.72%)
6.20 USD (+3.46%)
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 CLASSIC - ETC/USD as long as the price remains well above 5.76 USD. The buyers” bullish objective is set at 6.03 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 6.20 USD. If there is any crossing, the next objective would be the resistance located at 6.57 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.9
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 teodorassenov69. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ETHEREUM CLASSIC - ETC/USD price is 5.99 USD. On the day, this instrument gained +2.92% and was traded between 5.49 USD and 6.09 USD over the period. The price is currently at +9.11% from its lowest and -1.64% from its highest.5.49
6.09
5.99
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 CLASSIC - ETC/USD:
Technical
Technical analysis of ETHEREUM CLASSIC - ETC/USD in 15 min. shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 5.27 | 5.53 | 5.77 | 5.99 | 6.19 | 6.57 | 6.74 |
| Change (%) | -12.02% | -7.68% | -3.67% | - | +3.34% | +9.68% | +12.52% |
| Change | -0.72 | -0.46 | -0.22 | - | +0.20 | +0.58 | +0.75 |
| Level | Minor | Intermediate | Major | - | 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 | 5.39 | 5.49 | 5.66 | 5.76 | 5.93 | 6.03 | 6.20 |
| Camarilla | 5.75 | 5.77 | 5.80 | 5.82 | 5.85 | 5.87 | 5.89 |
| Woodie | 5.42 | 5.51 | 5.69 | 5.78 | 5.96 | 6.05 | 6.23 |
| Fibonacci | 5.49 | 5.60 | 5.66 | 5.76 | 5.87 | 5.93 | 6.03 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.56 | 3.67 | 4.74 | 5.85 | 6.92 | 8.03 | 9.10 |
| Camarilla | 5.22 | 5.42 | 5.62 | 5.82 | 6.02 | 6.22 | 6.42 |
| Woodie | 2.55 | 3.66 | 4.73 | 5.84 | 6.91 | 8.02 | 9.09 |
| Fibonacci | 3.67 | 4.50 | 5.01 | 5.85 | 6.68 | 7.19 | 8.03 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.50 | 3.10 | 4.75 | 6.35 | 8.00 | 9.60 | 11.25 |
| Camarilla | 5.50 | 5.79 | 6.09 | 6.39 | 6.69 | 6.99 | 7.28 |
| Woodie | 1.52 | 3.11 | 4.77 | 6.36 | 8.02 | 9.61 | 11.27 |
| Fibonacci | 3.10 | 4.35 | 5.11 | 6.35 | 7.60 | 8.36 | 9.60 |
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): | 62.07 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 17.04 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 5.90 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.78 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 5.76 | |
| Zig ZAG (10): | 5.99 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 91.85 | |
| TEMA (21): | 5.94 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.53 | |
| Repulse (5,40,3): | 2.5300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 8.26 |
| MA7: | 5.83 | |
| MA20: | 6.06 | |
| MA50: | 6.00 | |
| MA100: | 5.80 | |
| MAexp7: | 5.90 | |
| MAexp20: | 5.84 | |
| MAexp50: | 5.81 | |
| MAexp100: | 5.79 | |
| Price / MA7: | +2.74% | |
| Price / MA20: | -1.16% | |
| Price / MA50: | -0.17% | |
| Price / MA100: | +3.28% | |
| Price / MAexp7: | +1.53% | |
| Price / MAexp20: | +2.57% | |
| Price / MAexp50: | +3.10% | |
| Price / MAexp100: | +3.45% |
Quotes :
2020-12-27 15:48:23
-
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/USD - 15 min.