ETHEREUM - ETH/USDT - 1H - Technical analysis published on 01/19/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 1,275.61 USDT
My targets
1,410.01 USDT (+2.06%)
1,591.81 USDT (+15.22%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ETHEREUM - ETH/USDT as long as the price remains well above 1,275.61 USDT. The buyers” bullish objective is set at 1,410.01 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,591.81 USDT. If there is any crossing, the next objective would be the resistance located at 1,836.14 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
9.1
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Additional analysis
Quotes
The ETHEREUM - ETH/USDT price is 1,381.56 USDT. On the day, this instrument gained +9.81% and was between 1,252.63 USDT and 1,386.32 USDT. This implies that the price is at +10.29% from its lowest and at -0.34% from its highest.1,252.63
1,386.32
1,381.56
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 (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ETHEREUM - ETH/USDT chart shows a strongly 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, 17 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
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 1,049.55 | 1,148.48 | 1,275.61 | 1,381.56 |
| Change (%) | -24.03% | -16.87% | -7.67% | - |
| Change | -332.01 | -233.08 | -105.95 | - |
| Level | Minor | Intermediate | Major | - |
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 | 1,132.22 | 1,158.20 | 1,208.16 | 1,234.14 | 1,284.10 | 1,310.08 | 1,360.04 |
| Camarilla | 1,237.25 | 1,244.21 | 1,251.17 | 1,258.13 | 1,265.09 | 1,272.05 | 1,279.01 |
| Woodie | 1,144.22 | 1,164.20 | 1,220.16 | 1,240.14 | 1,296.10 | 1,316.08 | 1,372.04 |
| Fibonacci | 1,158.20 | 1,187.21 | 1,205.13 | 1,234.14 | 1,263.15 | 1,281.07 | 1,310.08 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 557.75 | 739.55 | 983.88 | 1,165.68 | 1,410.01 | 1,591.81 | 1,836.14 |
| Camarilla | 1,111.01 | 1,150.08 | 1,189.14 | 1,228.20 | 1,267.26 | 1,306.32 | 1,345.39 |
| Woodie | 589.01 | 755.18 | 1,015.14 | 1,181.31 | 1,441.27 | 1,607.44 | 1,867.40 |
| Fibonacci | 739.55 | 902.34 | 1,002.90 | 1,165.68 | 1,328.47 | 1,429.03 | 1,591.81 |
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): | 76.59 | |
| MACD (12,26,9): | 34.3500 | |
| Directional Movement: | 31.86 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 1,333.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,301.98 | |
| Elder Ray (13): | 62.92 | |
| Super Trend (3,10): | 1,302.61 | |
| Zig ZAG (10): | 1,360.68 | |
| VORTEX (21): | 1.2500 | |
| Stochastique (14,3,5): | 90.36 | |
| TEMA (21): | 1,339.66 | |
| Williams %R (14): | -0.81 | |
| Chande Momentum Oscillator (20): | 141.68 | |
| Repulse (5,40,3): | 5.1300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2600 | |
| Courbe Coppock: | 17.30 |
| MA7: | 1,231.91 | |
| MA20: | 1,115.57 | |
| MA50: | 817.38 | |
| MA100: | 632.24 | |
| MAexp7: | 1,336.60 | |
| MAexp20: | 1,293.85 | |
| MAexp50: | 1,257.45 | |
| MAexp100: | 1,230.09 | |
| Price / MA7: | +12.15% | |
| Price / MA20: | +23.84% | |
| Price / MA50: | +69.02% | |
| Price / MA100: | +118.52% | |
| Price / MAexp7: | +3.36% | |
| Price / MAexp20: | +6.78% | |
| Price / MAexp50: | +9.87% | |
| Price / MAexp100: | +12.31% |
Quotes :
2021-01-19 08:35:43
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Real time data
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Cryptocompare
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