ETHEREUM CLASSIC - ETC/USD

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- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	ETCUSD
ISIN:

ETHEREUM CLASSIC - ETC/USD - 1H - Technical analysis published on 01/18/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

33%

My opinion

Bullish above 27.56 USD

My targets

28.67 USD (+1.63%)

29.60 USD (+4.93%)

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 27.56 USD. The buyers' bullish objective is set at 28.67 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 29.60 USD. If there is any crossing, the next objective would be the resistance located at 34.03 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.9

Comment on the analysis

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:

Additional analysis

Quotes

ETHEREUM CLASSIC - ETC/USD rating 28.21 USD. The price registered a decrease of -0.25% on the session and was traded between 28.15 USD and 28.49 USD over the period. The price is currently at +0.21% from its lowest and -0.98% from its highest.

28.15

28.49

28.21

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of ETHEREUM CLASSIC - ETC/USD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	24.91	25.90	27.56	28.21	28.67	29.60	34.03
Change (%)	-11.70%	-8.19%	-2.30%	-	+1.63%	+4.93%	+20.63%
Change	-3.30	-2.31	-0.65	-	+0.46	+1.39	+5.82
Level	Intermediate	Intermediate	Minor	-	Intermediate	Intermediate	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.11	25.90	27.09	27.88	29.07	29.86	31.05
Camarilla	27.74	27.92	28.10	28.28	28.46	28.64	28.83
Woodie	25.31	26.00	27.29	27.98	29.27	29.96	31.25
Fibonacci	25.90	26.66	27.12	27.88	28.64	29.10	29.86

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18.47	21.37	23.45	26.35	28.43	31.33	33.41
Camarilla	24.17	24.63	25.08	25.54	26.00	26.45	26.91
Woodie	18.07	21.17	23.05	26.15	28.03	31.13	33.01
Fibonacci	21.37	23.27	24.44	26.35	28.25	29.42	31.33

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.84	12.18	18.58	29.92	36.32	47.66	54.06
Camarilla	20.10	21.73	23.35	24.98	26.61	28.23	29.86
Woodie	-1.63	10.95	16.11	28.69	33.85	46.43	51.59
Fibonacci	12.18	18.96	23.14	29.92	36.70	40.88	47.66

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):	64.77
MACD (12,26,9):	0.3100
Directional Movement:	22.27
AROON (14):	50.00
DEMA (21):	28.44
Parabolic SAR (0,02-0,02-0,2):	28.11
Elder Ray (13):	0.29
Super Trend (3,10):	27.74
Zig ZAG (10):	28.46
VORTEX (21):	1.1600
Stochastique (14,3,5):	76.49
TEMA (21):	28.46
Williams %R (14):	-16.96
Chande Momentum Oscillator (20):	0.81
Repulse (5,40,3):	0.6300
ROCnROLL:	1
TRIX (15,9):	0.1600
Courbe Coppock:	3.47

MA7:	26.54
MA20:	26.49
MA50:	29.36
MA100:	25.78
MAexp7:	28.32
MAexp20:	28.02
MAexp50:	27.40
MAexp100:	26.73
Price / MA7:	+6.29%
Price / MA20:	+6.49%
Price / MA50:	-3.92%
Price / MA100:	+9.43%
Price / MAexp7:	-0.39%
Price / MAexp20:	+0.68%
Price / MAexp50:	+2.96%
Price / MAexp100:	+5.54%

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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