Ethereum Classic Technical Analysis
| ETC Crypto | USD 18.11 0.34 1.84% |
As of the 4th of November, Ethereum Classic shows the Standard Deviation of 3.35, variance of 11.25, and Mean Deviation of 2.31. Ethereum Classic technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.
Ethereum Classic Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ethereum, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EthereumEthereum |
Ethereum Classic technical crypto coin analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, crypto market cycles, or different charting patterns.
Ethereum Classic Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Ethereum Classic volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ethereum Classic Trend Analysis
Use this graph to draw trend lines for Ethereum Classic. You can use it to identify possible trend reversals for Ethereum Classic as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Ethereum Classic price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ethereum Classic Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ethereum Classic applied against its price change over selected period. The best fit line has a slop of 0.0007 , which may suggest that Ethereum Classic market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Ethereum Classic price change compared to its average price change.About Ethereum Classic Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Ethereum Classic on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Ethereum Classic based on its technical analysis. In general, a bottom-up approach, as applied to this cryptocurrency, focuses on Ethereum Classic price pattern first instead of the macroeconomic environment surrounding Ethereum Classic. By analyzing daily price indicators and various types of growth rates, we attempt to find the most accurate representation of Ethereum Classic's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the crypto market before zooming in to Ethereum Classic specific price patterns or momentum indicators.
Ethereum Classic November 4, 2024 Technical Indicators
Most technical analysis of Ethereum help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Ethereum from various momentum indicators to cycle indicators. When you analyze Ethereum charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.17) | |||
| Mean Deviation | 2.31 | |||
| Coefficient Of Variation | (4,927) | |||
| Standard Deviation | 3.35 | |||
| Variance | 11.25 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.18) | |||
| Maximum Drawdown | 20.9 | |||
| Value At Risk | (4.52) | |||
| Potential Upside | 5.39 | |||
| Skewness | (0.56) | |||
| Kurtosis | 2.94 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ethereum Classic. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..