ETHEREUM - ETH/USDT - 1H - Technical analysis published on 02/25/2021 (GMT)
- 178
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- 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 bearish
De fond:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 1,530.39 USDT
My targets
1,437.01 USDT (-4.23%)
1,384.24 USDT (-7.75%)
My analysis
ETHEREUM - ETH/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1,530.39 USDT. The next support located at 1,437.01 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1,384.24 USDT. Below this support, sellers could then target 1,113.89 USDT. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
6.8
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 Keums91. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ETHEREUM - ETH/USDT rating 1,500.52 USDT. The price is lower by -7.57% since the last closing and was between 1,500.48 USDT and 1,667.78 USDT. This implies that the price is at +0.00% from its lowest and at -10.03% from its highest.1,500.48
1,667.78
1,500.52
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ETHEREUM - ETH/USDT:
Technical
Technical analysis of ETHEREUM - ETH/USDT in 1H shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
SuperTrend indicator bearish reversal
Type : Bearish
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 | 1,113.89 | 1,384.24 | 1,437.01 | 1,500.52 | 1,501.37 | 1,637.58 | 1,711.83 |
| Change (%) | -25.77% | -7.75% | -4.23% | - | +0.06% | +9.13% | +14.08% |
| Change | -386.63 | -116.28 | -63.51 | - | +0.85 | +137.06 | +211.31 |
| Level | Minor | Major | Minor | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,302.08 | 1,401.73 | 1,512.54 | 1,612.19 | 1,723.00 | 1,822.65 | 1,933.46 |
| Camarilla | 1,565.48 | 1,584.78 | 1,604.07 | 1,623.36 | 1,642.65 | 1,661.94 | 1,681.24 |
| Woodie | 1,307.67 | 1,404.52 | 1,518.13 | 1,614.98 | 1,728.59 | 1,825.44 | 1,939.05 |
| Fibonacci | 1,401.73 | 1,482.12 | 1,531.79 | 1,612.19 | 1,692.58 | 1,742.25 | 1,822.65 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,370.41 | 1,530.39 | 1,718.99 | 1,878.97 | 2,067.57 | 2,227.55 | 2,416.15 |
| Camarilla | 1,811.72 | 1,843.67 | 1,875.63 | 1,907.58 | 1,939.53 | 1,971.49 | 2,003.44 |
| Woodie | 1,384.71 | 1,537.55 | 1,733.29 | 1,886.13 | 2,081.87 | 2,234.71 | 2,430.45 |
| Fibonacci | 1,530.39 | 1,663.55 | 1,745.82 | 1,878.97 | 2,012.13 | 2,094.40 | 2,227.55 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 113.09 | 414.19 | 863.35 | 1,164.45 | 1,613.61 | 1,914.71 | 2,363.87 |
| Camarilla | 1,106.19 | 1,174.96 | 1,243.74 | 1,312.51 | 1,381.28 | 1,450.06 | 1,518.83 |
| Woodie | 187.12 | 451.21 | 937.38 | 1,201.47 | 1,687.64 | 1,951.73 | 2,437.90 |
| Fibonacci | 414.19 | 700.79 | 877.85 | 1,164.45 | 1,451.05 | 1,628.11 | 1,914.71 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 37.37 | |
| MACD (12,26,9): | -11.4400 | |
| Directional Movement: | -10.85 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 1,592.43 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,648.83 | |
| Elder Ray (13): | -30.71 | |
| Super Trend (3,10): | 1,654.78 | |
| Zig ZAG (10): | 1,553.99 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 12.12 | |
| TEMA (21): | 1,580.58 | |
| Williams %R (14): | -97.49 | |
| Chande Momentum Oscillator (20): | -47.18 | |
| Repulse (5,40,3): | -3.3000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 3.43 |
| MA7: | 1,757.64 | |
| MA20: | 1,774.03 | |
| MA50: | 1,494.98 | |
| MA100: | 1,069.94 | |
| MAexp7: | 1,579.31 | |
| MAexp20: | 1,605.89 | |
| MAexp50: | 1,623.54 | |
| MAexp100: | 1,671.72 | |
| Price / MA7: | -14.63% | |
| Price / MA20: | -15.42% | |
| Price / MA50: | +0.37% | |
| Price / MA100: | +40.24% | |
| Price / MAexp7: | -4.99% | |
| Price / MAexp20: | -6.56% | |
| Price / MAexp50: | -7.58% | |
| Price / MAexp100: | -10.24% |
Quotes :
2021-02-25 22:10:43
-
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