ETHEREUM - ETH/USDT - 1H - Technical analysis published on 11/16/2020 (GMT)
- 119
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 457.89 USDT
My targets
434.38 USDT (-3.26%)
426.33 USDT (-5.06%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ETHEREUM - ETH/USDT as long as the price remains well below 457.89 USDT. The sellers” bearish objective is set at 434.38 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 426.33 USDT. In case of crossing, the next objective would be the support located at 413.90 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
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 chadwesleyhansen. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ETHEREUM - ETH/USDT price is 449.03 USDT. The price has increased by +0.25% since the last closing with the lowest point at 445.59 USDT and the highest point at 450.89 USDT. The deviation from the price is +0.77% for the low point and -0.41% for the high point.445.59
450.89
449.03
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:
Technical
Technical analysis of ETHEREUM - ETH/USDT in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any 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
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 413.90 | 426.33 | 434.38 | 449.03 | 457.89 | 467.27 | 475.78 |
| Change (%) | -7.82% | -5.06% | -3.26% | - | +1.97% | +4.06% | +5.96% |
| Change | -35.13 | -22.70 | -14.65 | - | +8.86 | +18.24 | +26.75 |
| Level | Minor | Minor | Minor | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 415.47 | 427.80 | 437.85 | 450.18 | 460.23 | 472.56 | 482.61 |
| Camarilla | 441.75 | 443.80 | 445.85 | 447.90 | 449.95 | 452.00 | 454.05 |
| Woodie | 414.33 | 427.23 | 436.71 | 449.61 | 459.09 | 471.99 | 481.47 |
| Fibonacci | 427.80 | 436.35 | 441.63 | 450.18 | 458.73 | 464.01 | 472.56 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 391.08 | 411.82 | 436.17 | 456.91 | 481.26 | 502.00 | 526.35 |
| Camarilla | 448.11 | 452.24 | 456.38 | 460.51 | 464.64 | 468.78 | 472.91 |
| Woodie | 392.88 | 412.72 | 437.97 | 457.81 | 483.06 | 502.90 | 528.15 |
| Fibonacci | 411.82 | 429.05 | 439.69 | 456.91 | 474.14 | 484.78 | 502.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 253.16 | 293.39 | 339.91 | 380.14 | 426.66 | 466.89 | 513.41 |
| Camarilla | 362.56 | 370.52 | 378.47 | 386.42 | 394.37 | 402.32 | 410.28 |
| Woodie | 256.30 | 294.96 | 343.05 | 381.71 | 429.80 | 468.46 | 516.55 |
| Fibonacci | 293.39 | 326.53 | 347.01 | 380.14 | 413.28 | 433.76 | 466.89 |
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): | 44.20 | |
| MACD (12,26,9): | -3.1600 | |
| Directional Movement: | -11.05 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 446.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 441.16 | |
| Elder Ray (13): | -0.67 | |
| Super Trend (3,10): | 454.32 | |
| Zig ZAG (10): | 449.29 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 45.33 | |
| TEMA (21): | 446.08 | |
| Williams %R (14): | -48.18 | |
| Chande Momentum Oscillator (20): | -4.15 | |
| Repulse (5,40,3): | 0.1300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 3.56 |
| MA7: | 458.46 | |
| MA20: | 426.49 | |
| MA50: | 394.14 | |
| MA100: | 390.13 | |
| MAexp7: | 448.26 | |
| MAexp20: | 450.76 | |
| MAexp50: | 455.62 | |
| MAexp100: | 457.43 | |
| Price / MA7: | -2.06% | |
| Price / MA20: | +5.29% | |
| Price / MA50: | +13.93% | |
| Price / MA100: | +15.10% | |
| Price / MAexp7: | +0.17% | |
| Price / MAexp20: | -0.38% | |
| Price / MAexp50: | -1.45% | |
| Price / MAexp100: | -1.84% |
Quotes :
2020-11-16 04:33:12
-
Real time data
-
Cryptocompare
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