Londinia Opportunities Analyses - 01/23/2025 (GMT) ETHEREUM CLASSIC - ETC/ETH - 1H

ETHEREUM CLASSIC - ETC/ETH
- ETH (-)
- Real time data - CoinMarketCap
Type: Cryptocurrencies
Ticker: ETCETH
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 0.008625 ETH
My targets
0.009009 ETH (+2.96%)
0.009821 ETH (+12.24%)
My analysis
ETHEREUM CLASSIC - ETC/ETH 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 0.008625 ETH. The next resistance located at 0.009009 ETH is the next bullish objective 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 0.009821 ETH. After this resistance, buyers could then target 0.011510 ETH. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
0
10
8.8

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.

Additional analysis

Quotes

The ETHEREUM CLASSIC - ETC/ETH price is 0.008750 ETH. The price has increased by +5.75% since the last closing and was between 0.008262 ETH and 0.008824 ETH. This implies that the price is at +5.91% from its lowest and at -0.84% from its highest.

0.008262
0.008824
0.008750

Here is a more detailed summary of the historical variations registered by ETHEREUM CLASSIC - ETC/ETH:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this ETHEREUM CLASSIC - ETC/ETH chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour



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

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.008057 0.008303 0.008625 0.008750 0.009009 0.009821 0.011510
Change (%) -7.92% -5.11% -1.43% - +2.96% +12.24% +31.54%
Change -0.000693 -0.000447 -0.000125 - +0.000259 +0.001071 +0.002760
Level Intermediate Intermediate Major - Minor Major 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
Standard0.0078960.0079770.0081250.0082060.0083540.0084350.008583
Camarilla0.0082110.0082320.0082530.0082740.0082950.0083160.008337
Woodie0.0079310.0079940.0081600.0082230.0083890.0084520.008618
Fibonacci0.0079770.0080640.0081180.0082060.0082930.0083470.008435


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0068950.0072230.0076810.0080090.0084670.0087950.009253
Camarilla0.0079220.0079940.0080660.0081380.0082100.0082820.008354
Woodie0.0069590.0072560.0077450.0080420.0085310.0088280.009317
Fibonacci0.0072230.0075240.0077090.0080090.0083100.0084950.008795


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0040500.0057460.0066240.0083200.0091980.0108940.011772
Camarilla0.0067940.0070300.0072660.0075020.0077380.0079740.008210
Woodie0.0036410.0055420.0062150.0081160.0087890.0106900.011363
Fibonacci0.0057460.0067290.0073370.0083200.0093030.0099110.010894

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): 80.56
MACD (12,26,9): 0.0001
Directional Movement: 41.051674
AROON (14): 71.428572
DEMA (21): 0.008619
Parabolic SAR (0,02-0,02-0,2): 0.008391
Elder Ray (13): 0.000225
Super Trend (3,10): 0.008487
Zig ZAG (10): 0.008759
VORTEX (21): 1.3081
Stochastique (14,3,5): 90.80
TEMA (21): 0.008678
Williams %R (14): -13.78
Chande Momentum Oscillator (20): 0.000374
Repulse (5,40,3): 1.9610
ROCnROLL: 1
TRIX (15,9): 0.1592
Courbe Coppock: 6.42
MA7: 0.008174
MA20: 0.007927
MA50: 0.008110
MA100: 0.007977
MAexp7: 0.008617
MAexp20: 0.008460
MAexp50: 0.008297
MAexp100: 0.008183
Price / MA7: +7.05%
Price / MA20: +10.38%
Price / MA50: +7.89%
Price / MA100: +9.69%
Price / MAexp7: +1.54%
Price / MAexp20: +3.43%
Price / MAexp50: +5.46%
Price / MAexp100: +6.93%

Quotes : - Real time data - Cryptocompare