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TETHER - USDT/USD
TETHER - USDT/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: USDTUSD
ISIN:

TETHER - USDT/USD - 1H - Technical analysis published on 06/18/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.999291 USD
My targets
1.000062 USD (+0.02%)
1.000458 USD (+0.06%)
My analysis
The bullish trend is currently very strong on TETHER - USDT/USD. As long as the price remains above the support at 0.999291 USD, you could try to benefit from the boom. The first bullish objective is located at 1.000062 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.000458 USD as an objective. Crossing it would then enable buyers to target 1.001177 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
8.6

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.

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

Additional analysis

Quotes

The TETHER - USDT/USD rating is 0.999892 USD. The price has increased by +0.02% since the last closing and was traded between 0.999658 USD and 1.000033 USD over the period. The price is currently at +0.02% from its lowest and -0.01% from its highest.

0.999658
1.000033
0.999892

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this TETHER - USDT/USD chart shows a strongly bullish trend. 89.29% 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 is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

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 0.999092 0.999291 0.999562 0.999892 0.999926 1.000062 1.000248
Change (%) -0.08% -0.06% -0.03% - +0.00% +0.02% +0.04%
Change -0.000800 -0.000601 -0.000330 - +0.000034 +0.000170 +0.000356
Level Minor Major Major - Minor Major Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.9988250.9989960.9993340.9995050.9998431.0000141.000352
Camarilla0.9995330.9995800.9996260.9996730.9997200.9997660.999813
Woodie0.9989100.9990380.9994190.9995470.9999281.0000561.000437
Fibonacci0.9989960.9991900.9993100.9995050.9996990.9998191.000014


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.9976760.9983540.9988920.9995701.0001081.0007861.001324
Camarilla0.9990960.9992070.9993190.9994300.9995420.9996530.999764
Woodie0.9976060.9983190.9988220.9995351.0000381.0007511.001254
Fibonacci0.9983540.9988190.9991060.9995701.0000351.0003221.000786


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.9946820.9962860.9976650.9992691.0006481.0022521.003631
Camarilla0.9982250.9984980.9987720.9990450.9993180.9995920.999865
Woodie0.9945710.9962300.9975540.9992131.0005371.0021961.003520
Fibonacci0.9962860.9974250.9981290.9992691.0004081.0011121.002252

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 67.04
MACD (12,26,9): 0.0001
Directional Movement: 24.937447
AROON (14): 64.285714
DEMA (21): 0.999599
Parabolic SAR (0,02-0,02-0,2): 0.999389
Elder Ray (13): 0.000195
Super Trend (3,10): 0.999452
Zig ZAG (10): 0.999758
VORTEX (21): 1.1071
Stochastique (14,3,5): 96.36
TEMA (21): 0.999669
Williams %R (14): -6.70
Chande Momentum Oscillator (20): 0.000522
Repulse (5,40,3): 0.0159
ROCnROLL: 1
TRIX (15,9): 0.0004
Courbe Coppock: 0.06
MA7: 0.999621
MA20: 0.999669
MA50: 0.999809
MA100: 0.999964
MAexp7: 0.999692
MAexp20: 0.999521
MAexp50: 0.999471
MAexp100: 0.999492
Price / MA7: +0.03%
Price / MA20: +0.02%
Price / MA50: +0.01%
Price / MA100: -0.01%
Price / MAexp7: +0.02%
Price / MAexp20: +0.04%
Price / MAexp50: +0.04%
Price / MAexp100: +0.04%

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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Londinia
Londinia AI

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