ETHEREUM - ETH/USDT
ETHEREUM - ETH/USDT
- USDT (-)
- Real time data - Cryptocompare
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Type: Cryptocurrencies
Ticker: ETHUSDT
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ETHEREUM - ETH/USDT - Weekly - Technical analysis published on 01/09/2021 (GMT)

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  • 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

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 Addareea. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Weekly



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
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
Standard930.861,010.461,113.511,193.111,296.161,375.761,478.81
Camarilla1,166.341,183.081,199.831,216.571,233.311,250.061,266.80
Woodie942.601,016.321,125.251,198.971,307.901,381.621,490.55
Fibonacci1,010.461,080.231,123.331,193.111,262.881,305.981,375.76


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard513.01570.44672.51729.94832.01889.44991.51
Camarilla730.73745.35759.97774.59789.21803.83818.45
Woodie535.34581.60694.84741.10854.34900.601,013.84
Fibonacci570.44631.37669.01729.94790.87828.51889.44


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard365.80448.36592.19674.75818.58901.141,044.97
Camarilla673.75694.51715.26736.01756.76777.52798.27
Woodie396.43463.68622.82690.07849.21916.461,075.60
Fibonacci448.36534.84588.27674.75761.23814.66901.14

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 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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