ETHEREUM - ETH/USDT - 1H - Technical analysis published on 07/27/2020 (GMT)
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- 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
83%
0%
17%
My opinion
Bullish above 285.13 USDT
My targets
339.61 USDT (+4.36%)
357.67 USDT (+9.91%)
My analysis
The bullish trend is currently very strong on ETHEREUM - ETH/USDT. As long as the price remains above the support at 285.13 USDT, you could try to benefit from the boom. The first bullish objective is located at 339.61 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 357.67 USDT as an objective. Crossing it would then enable buyers to target 499.01 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 confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.8
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This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ETHEREUM - ETH/USDT rating is 325.43 USDT. The price registered an increase of +4.64% on the session and was between 310.96 USDT and 329.08 USDT. This implies that the price is at +4.65% from its lowest and at -1.11% from its highest.310.96
329.08
325.43
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of ETHEREUM - ETH/USDT in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 268.40 | 279.54 | 285.13 | 325.43 | 339.61 | 499.01 | 820.16 |
| Change (%) | -17.52% | -14.10% | -12.38% | - | +4.36% | +53.34% | +152.02% |
| Change | -57.03 | -45.89 | -40.30 | - | +14.18 | +173.58 | +494.73 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Minor | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 283.33 | 291.81 | 301.41 | 309.89 | 319.49 | 327.97 | 337.57 |
| Camarilla | 306.03 | 307.69 | 309.34 | 311.00 | 312.66 | 314.32 | 315.97 |
| Woodie | 283.88 | 292.09 | 301.96 | 310.17 | 320.04 | 328.25 | 338.12 |
| Fibonacci | 291.81 | 298.72 | 302.99 | 309.89 | 316.80 | 321.07 | 327.97 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 180.99 | 207.19 | 256.23 | 282.43 | 331.47 | 357.67 | 406.71 |
| Camarilla | 284.59 | 291.49 | 298.38 | 305.28 | 312.18 | 319.07 | 325.97 |
| Woodie | 192.42 | 212.90 | 267.66 | 288.14 | 342.90 | 363.38 | 418.14 |
| Fibonacci | 207.19 | 235.93 | 253.69 | 282.43 | 311.17 | 328.93 | 357.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 174.30 | 195.66 | 210.60 | 231.96 | 246.90 | 268.26 | 283.20 |
| Camarilla | 215.55 | 218.88 | 222.20 | 225.53 | 228.86 | 232.19 | 235.51 |
| Woodie | 171.08 | 194.06 | 207.38 | 230.36 | 243.68 | 266.66 | 279.98 |
| Fibonacci | 195.66 | 209.53 | 218.10 | 231.96 | 245.83 | 254.40 | 268.26 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 71.86 | |
| MACD (12,26,9): | 5.7100 | |
| Directional Movement: | 24.91 | |
| AROON (14): | 71.42 | |
| DEMA (21): | 321.81 | |
| Parabolic SAR (0,02-0,02-0,2): | 307.17 | |
| Elder Ray (13): | 7.22 | |
| Super Trend (3,10): | 312.25 | |
| Zig ZAG (10): | 323.25 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 76.47 | |
| TEMA (21): | 323.61 | |
| Williams %R (14): | -20.88 | |
| Chande Momentum Oscillator (20): | 17.33 | |
| Repulse (5,40,3): | 0.1600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2200 | |
| Courbe Coppock: | 8.38 |
| MA7: | 285.96 | |
| MA20: | 255.49 | |
| MA50: | 242.00 | |
| MA100: | 225.14 | |
| MAexp7: | 321.74 | |
| MAexp20: | 314.74 | |
| MAexp50: | 304.16 | |
| MAexp100: | 289.95 | |
| Price / MA7: | +13.80% | |
| Price / MA20: | +27.37% | |
| Price / MA50: | +34.48% | |
| Price / MA100: | +44.55% | |
| Price / MAexp7: | +1.15% | |
| Price / MAexp20: | +3.40% | |
| Price / MAexp50: | +6.99% | |
| Price / MAexp100: | +12.24% |
Quotes :
2020-07-27 06:32:10
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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