ETHEREUM - ETH/USDT - Daily - Technical analysis published on 01/09/2021 (GMT)
- 140
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : WITHOUT TARGET
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1,044.97 USDT
My targets
-
My analysis
The bullish trend is currently very strong on ETHEREUM - ETH/USDT. As long as the price remains above the support at 1,044.97 USDT, you could try to benefit from the boom. 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
8.9
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This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ETHEREUM - ETH/USDT rating 1,294.52 USDT. The price registered an increase of +6.41% on the session and was between 1,174.59 USDT and 1,294.56 USDT. This implies that the price is at +10.21% from its lowest and at +0.00% from its highest.1,174.59
1,294.56
1,294.52
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
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 this Daily chart of ETHEREUM - ETH/USDT indicates that the overall trend is strongly bullish. 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, 16 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 475.78 | 658.21 | 820.16 | 1,294.52 |
| Change (%) | -63.25% | -49.15% | -36.64% | - |
| Change | -818.74 | -636.31 | -474.36 | - |
| Level | Major | Intermediate | Intermediate | - |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 930.86 | 1,010.46 | 1,113.51 | 1,193.11 | 1,296.16 | 1,375.76 | 1,478.81 |
| Camarilla | 1,166.34 | 1,183.08 | 1,199.83 | 1,216.57 | 1,233.31 | 1,250.06 | 1,266.80 |
| Woodie | 942.60 | 1,016.32 | 1,125.25 | 1,198.97 | 1,307.90 | 1,381.62 | 1,490.55 |
| Fibonacci | 1,010.46 | 1,080.23 | 1,123.33 | 1,193.11 | 1,262.88 | 1,305.98 | 1,375.76 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 513.01 | 570.44 | 672.51 | 729.94 | 832.01 | 889.44 | 991.51 |
| Camarilla | 730.73 | 745.35 | 759.97 | 774.59 | 789.21 | 803.83 | 818.45 |
| Woodie | 535.34 | 581.60 | 694.84 | 741.10 | 854.34 | 900.60 | 1,013.84 |
| Fibonacci | 570.44 | 631.37 | 669.01 | 729.94 | 790.87 | 828.51 | 889.44 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 365.80 | 448.36 | 592.19 | 674.75 | 818.58 | 901.14 | 1,044.97 |
| Camarilla | 673.75 | 694.51 | 715.26 | 736.01 | 756.76 | 777.52 | 798.27 |
| Woodie | 396.43 | 463.68 | 622.82 | 690.07 | 849.21 | 916.46 | 1,075.60 |
| Fibonacci | 448.36 | 534.84 | 588.27 | 674.75 | 761.23 | 814.66 | 901.14 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 88.90 | |
| MACD (12,26,9): | 164.4400 | |
| Directional Movement: | 30.20 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 1,114.77 | |
| Parabolic SAR (0,02-0,02-0,2): | 965.50 | |
| Elder Ray (13): | 217.96 | |
| Super Trend (3,10): | 930.26 | |
| Zig ZAG (10): | 1,280.49 | |
| VORTEX (21): | 1.2800 | |
| Stochastique (14,3,5): | 92.87 | |
| TEMA (21): | 1,219.47 | |
| Williams %R (14): | -2.05 | |
| Chande Momentum Oscillator (20): | 547.97 | |
| Repulse (5,40,3): | 18.9400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 2.3700 | |
| Courbe Coppock: | 150.63 |
| MA7: | 1,150.50 | |
| MA20: | 843.96 | |
| MA50: | 689.98 | |
| MA100: | 547.33 | |
| MAexp7: | 1,138.86 | |
| MAexp20: | 922.26 | |
| MAexp50: | 737.01 | |
| MAexp100: | 608.23 | |
| Price / MA7: | +12.52% | |
| Price / MA20: | +53.39% | |
| Price / MA50: | +87.62% | |
| Price / MA100: | +136.52% | |
| Price / MAexp7: | +13.67% | |
| Price / MAexp20: | +40.36% | |
| Price / MAexp50: | +75.64% | |
| Price / MAexp100: | +112.83% |
Quotes :
2021-01-09 22:08:11
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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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