ETHEREUM - ETH/USDT - 1H - Technical analysis published on 03/07/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
33%
33%
33%
My opinion
Bullish above 1,600.95 USDT
My targets
1,782.01 USDT (+7.36%)
1,955.15 USDT (+17.79%)
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 1,600.95 USDT. The buyers” bullish objective is set at 1,782.01 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,955.15 USDT. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5
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This analysis was given by eatpez. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ETHEREUM - ETH/USDT rating 1,659.90 USDT. The price registered an increase of +0.61% on the session and was traded between 1,638.25 USDT and 1,694.54 USDT over the period. The price is currently at +1.32% from its lowest and -2.04% from its highest.1,638.25
1,694.54
1,659.90
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of ETHEREUM - ETH/USDT indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 6 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 1,561.02 | 1,600.95 | 1,655.41 | 1,659.90 | 1,955.15 |
| Change (%) | -5.96% | -3.55% | -0.27% | - | +17.79% |
| Change | -98.88 | -58.95 | -4.49 | - | +295.25 |
| Level | Minor | Major | Minor | - | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,396.73 | 1,455.48 | 1,552.69 | 1,611.44 | 1,708.65 | 1,767.40 | 1,864.61 |
| Camarilla | 1,607.02 | 1,621.32 | 1,635.61 | 1,649.91 | 1,664.21 | 1,678.50 | 1,692.80 |
| Woodie | 1,415.97 | 1,465.10 | 1,571.93 | 1,621.06 | 1,727.89 | 1,777.02 | 1,883.85 |
| Fibonacci | 1,455.48 | 1,515.05 | 1,551.86 | 1,611.44 | 1,671.01 | 1,707.82 | 1,767.40 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,029.93 | 1,162.04 | 1,405.97 | 1,538.08 | 1,782.01 | 1,914.12 | 2,158.05 |
| Camarilla | 1,546.50 | 1,580.97 | 1,615.44 | 1,649.91 | 1,684.38 | 1,718.85 | 1,753.32 |
| Woodie | 1,085.85 | 1,190.00 | 1,461.89 | 1,566.04 | 1,837.93 | 1,942.08 | 2,213.97 |
| Fibonacci | 1,162.04 | 1,305.68 | 1,394.43 | 1,538.08 | 1,681.72 | 1,770.47 | 1,914.12 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 346.56 | 809.02 | 1,114.03 | 1,576.49 | 1,881.50 | 2,343.96 | 2,648.97 |
| Camarilla | 1,207.98 | 1,278.33 | 1,348.68 | 1,419.03 | 1,489.38 | 1,559.73 | 1,630.08 |
| Woodie | 267.83 | 769.66 | 1,035.30 | 1,537.13 | 1,802.77 | 2,304.60 | 2,570.24 |
| Fibonacci | 809.02 | 1,102.20 | 1,283.32 | 1,576.49 | 1,869.67 | 2,050.79 | 2,343.96 |
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): | 57.00 | |
| MACD (12,26,9): | 23.7600 | |
| Directional Movement: | 16.18 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 1,684.78 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,692.53 | |
| Elder Ray (13): | 1.43 | |
| Super Trend (3,10): | 1,612.11 | |
| Zig ZAG (10): | 1,670.04 | |
| VORTEX (21): | 1.2400 | |
| Stochastique (14,3,5): | 63.19 | |
| TEMA (21): | 1,688.87 | |
| Williams %R (14): | -47.06 | |
| Chande Momentum Oscillator (20): | -2.71 | |
| Repulse (5,40,3): | -0.0200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2600 | |
| Courbe Coppock: | 3.29 |
| MA7: | 1,572.86 | |
| MA20: | 1,656.16 | |
| MA50: | 1,561.82 | |
| MA100: | 1,168.14 | |
| MAexp7: | 1,669.66 | |
| MAexp20: | 1,651.21 | |
| MAexp50: | 1,608.53 | |
| MAexp100: | 1,576.85 | |
| Price / MA7: | +5.53% | |
| Price / MA20: | +0.23% | |
| Price / MA50: | +6.28% | |
| Price / MA100: | +42.10% | |
| Price / MAexp7: | -0.58% | |
| Price / MAexp20: | +0.53% | |
| Price / MAexp50: | +3.19% | |
| Price / MAexp100: | +5.27% |
Quotes :
2021-03-07 13:35:05
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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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