ETHEREUM CLASSIC - ETC/USD
ETHEREUM CLASSIC - ETC/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: ETCUSD
ISIN:

ETHEREUM CLASSIC - ETC/USD - 1H - Technical analysis published on 02/05/2024 (GMT)

  • 150
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Slightly bullish
Technical indicators
61%
6%
33%
My opinion
Neutral between 24.65 USD and 25.45 USD
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 25.45 USD. The first support is located at 24.65 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

ETHEREUM CLASSIC - ETC/USD rating 24.94 USD. The price registered a decrease of -0.12% on the session and was between 24.43 USD and 25.17 USD. This implies that the price is at +2.09% from its lowest and at -0.91% from its highest.

24.43
25.17
24.94

A study of price movements over other periods shows the following variations:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in 1H of this ETHEREUM CLASSIC - ETC/USD chart shows a slightly bullish trend. Only 50.00% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 23.50 23.89 24.65 24.94 25.45 26.25 29.61
Change (%) -5.77% -4.21% -1.16% - +2.04% +5.25% +18.72%
Change -1.44 -1.05 -0.29 - +0.51 +1.31 +4.67
Level Minor Minor Intermediate - Minor Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard23.5924.1224.5525.0825.5126.0426.47
Camarilla24.7124.7924.8824.9725.0625.1525.23
Woodie23.5324.1024.4925.0625.4526.0226.41
Fibonacci24.1224.4924.7225.0825.4525.6826.04


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19.9721.5023.1824.7126.3927.9229.60
Camarilla23.9724.2624.5624.8525.1425.4425.73
Woodie20.0421.5423.2524.7526.4627.9629.67
Fibonacci21.5022.7323.4924.7125.9426.7027.92


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.5710.9517.6425.0231.7139.0945.78
Camarilla20.4621.7523.0424.3325.6226.9128.20
Woodie3.2310.7817.3024.8531.3738.9245.44
Fibonacci10.9516.3319.6525.0230.4033.7239.09

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): 49.89
MACD (12,26,9): -0.0600
Directional Movement: 5.54
AROON (14): 50.00
DEMA (21): 24.83
Parabolic SAR (0,02-0,02-0,2): 24.47
Elder Ray (13): 0.06
Super Trend (3,10): 25.28
Zig ZAG (10): 24.94
VORTEX (21): 0.9200
Stochastique (14,3,5): 63.06
TEMA (21): 24.79
Williams %R (14): -31.08
Chande Momentum Oscillator (20): -0.03
Repulse (5,40,3): 0.0800
ROCnROLL: -1
TRIX (15,9): -0.0500
Courbe Coppock: 1.79
MA7: 24.85
MA20: 24.37
MA50: 23.34
MA100: 21.34
MAexp7: 24.88
MAexp20: 24.91
MAexp50: 24.97
MAexp100: 24.89
Price / MA7: +0.36%
Price / MA20: +2.34%
Price / MA50: +6.86%
Price / MA100: +16.87%
Price / MAexp7: +0.24%
Price / MAexp20: +0.12%
Price / MAexp50: -0.12%
Price / MAexp100: +0.20%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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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…

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