ETHEREUM - ETH/USDT - 1H - Technical analysis published on 05/01/2020 (GMT)
- Who voted?
- 219
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
50%
28%
22%
My opinion
Bullish above 205.27 USDT
My targets
217.51 USDT (+2.09%)
227.02 USDT (+6.56%)
My analysis
The bullish trend is currently very strong on ETHEREUM - ETH/USDT. As long as the price remains above the support at 205.27 USDT, you could try to benefit from the boom. The first bullish objective is located at 217.51 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 227.02 USDT as an objective. Crossing it would then enable buyers to target 244.92 USDT. 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 not called into question, despite technical indicators being indecisive.
FORCE
0
10
5.7
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 hamham. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ETHEREUM - ETH/USDT rating 213.05 USDT. The price registered an increase of +3.28% on the session with the lowest point at 206.06 USDT and the highest point at 216.95 USDT. The deviation from the price is +3.39% for the low point and -1.80% for the high point.206.06
216.95
213.05
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ETHEREUM - ETH/USDT indicates that the overall trend is strongly bullish. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 190.96 | 197.22 | 212.74 | 213.05 | 217.51 | 227.02 | 244.92 |
| Change (%) | -10.37% | -7.43% | -0.15% | - | +2.09% | +6.56% | +14.96% |
| Change | -22.09 | -15.83 | -0.31 | - | +4.46 | +13.97 | +31.87 |
| Level | Major | Intermediate | Minor | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 172.21 | 187.32 | 196.80 | 211.91 | 221.39 | 236.50 | 245.98 |
| Camarilla | 199.52 | 201.77 | 204.03 | 206.28 | 208.53 | 210.79 | 213.04 |
| Woodie | 169.40 | 185.91 | 193.99 | 210.50 | 218.58 | 235.09 | 243.17 |
| Fibonacci | 187.32 | 196.71 | 202.52 | 211.91 | 221.30 | 227.11 | 236.50 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 145.33 | 156.38 | 175.30 | 186.35 | 205.27 | 216.32 | 235.24 |
| Camarilla | 185.98 | 188.73 | 191.47 | 194.22 | 196.97 | 199.72 | 202.46 |
| Woodie | 149.27 | 158.35 | 179.24 | 188.32 | 209.21 | 218.29 | 239.18 |
| Fibonacci | 156.38 | 167.83 | 174.90 | 186.35 | 197.80 | 204.87 | 216.32 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.28 | 88.97 | 147.63 | 187.32 | 245.98 | 285.67 | 344.33 |
| Camarilla | 179.23 | 188.25 | 197.27 | 206.28 | 215.30 | 224.31 | 233.33 |
| Woodie | 58.76 | 93.71 | 157.11 | 192.06 | 255.46 | 290.41 | 353.81 |
| Fibonacci | 88.97 | 126.54 | 149.75 | 187.32 | 224.89 | 248.10 | 285.67 |
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): | 51.76 | |
| MACD (12,26,9): | -0.1400 | |
| Directional Movement: | -1.47 | |
| AROON (14): | -64.28 | |
| DEMA (21): | 211.17 | |
| Parabolic SAR (0,02-0,02-0,2): | 215.68 | |
| Elder Ray (13): | 0.66 | |
| Super Trend (3,10): | 216.62 | |
| Zig ZAG (10): | 211.87 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 44.96 | |
| TEMA (21): | 211.13 | |
| Williams %R (14): | -53.44 | |
| Chande Momentum Oscillator (20): | -2.64 | |
| Repulse (5,40,3): | 0.9600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 1.84 |
| MA7: | 202.71 | |
| MA20: | 182.57 | |
| MA50: | 156.03 | |
| MA100: | 187.89 | |
| MAexp7: | 211.59 | |
| MAexp20: | 211.33 | |
| MAexp50: | 210.57 | |
| MAexp100: | 206.90 | |
| Price / MA7: | +5.10% | |
| Price / MA20: | +16.69% | |
| Price / MA50: | +36.54% | |
| Price / MA100: | +13.39% | |
| Price / MAexp7: | +0.69% | |
| Price / MAexp20: | +0.81% | |
| Price / MAexp50: | +1.18% | |
| Price / MAexp100: | +2.97% |
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis ETHEREUM - ETH/USDT - 1H