ETHEREUM - ETH/USDT - Weekly - Technical analysis published on 01/09/2021 (GMT)
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- 149
- 0
- Timeframe : Weekly
- - Analysis generated on
- Status : WITHOUT TARGET
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 1,044.97 USDT
My targets
-
My analysis
ETHEREUM - ETH/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1,044.97 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
9.1
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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 1,296.26 USDT. The price registered an increase of +32.68% over 5 days and was traded between 977.36 USDT and 1,286.29 USDT over the period. The price is currently at +32.63% from its lowest point and +0.78% from its highest point.977.36
1,286.29
1,296.26
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
A technical analysis in Weekly of this ETHEREUM - ETH/USDT chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal resistance
Type : Bearish
Timeframe : Weekly
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
Price
S3 | S2 | S1 | Price | |
---|---|---|---|---|
ProTrendLines | 339.61 | 475.78 | 820.16 | 1,296.26 |
Change (%) | -73.80% | -63.30% | -36.73% | - |
Change | -956.65 | -820.48 | -476.10 | - |
Level | Intermediate | Major | Intermediate | - |
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 | 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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 89.11 | |
MACD (12,26,9): | 151.0100 | |
Directional Movement: | 56.64 | |
AROON (14): | 92.86 | |
DEMA (21): | 745.10 | |
Parabolic SAR (0,02-0,02-0,2): | 485.38 | |
Elder Ray (13): | 373.93 | |
Super Trend (3,10): | 638.05 | |
Zig ZAG (10): | 1,280.22 | |
VORTEX (21): | 1.1900 | |
Stochastique (14,3,5): | 95.02 | |
TEMA (21): | 841.79 | |
Williams %R (14): | -1.42 | |
Chande Momentum Oscillator (20): | 910.00 | |
Repulse (5,40,3): | 76.1400 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 3.7300 | |
Courbe Coppock: | 200.68 |
MA7: | 1,150.50 | |
MA20: | 843.96 | |
MA50: | 689.98 | |
MA100: | 547.33 | |
MAexp7: | 789.65 | |
MAexp20: | 571.00 | |
MAexp50: | 410.57 | |
MAexp100: | 333.78 | |
Price / MA7: | +12.67% | |
Price / MA20: | +53.59% | |
Price / MA50: | +87.87% | |
Price / MA100: | +136.83% | |
Price / MAexp7: | +64.16% | |
Price / MAexp20: | +127.02% | |
Price / MAexp50: | +215.72% | |
Price / MAexp100: | +288.36% |
Quotes :
2021-01-09 22:08:57
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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.
About author
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…
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