ETHEREUM - ETH/USDT

- USDT (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
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Type:	Cryptocurrencies
Ticker:	ETHUSDT
ISIN:

ETHEREUM - ETH/USDT - Daily - Technical analysis published on 04/28/2021 (GMT)

Timeframe : Daily
- Analysis generated on
Status : WITHOUT TARGET

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 2,513.66 USDT

My targets

My analysis

The bullish trend is currently very strong on ETHEREUM - ETH/USDT. As long as the price remains above the support at 2,513.66 USDT, you could try to benefit from the boom. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

8.6

Comment on the analysis

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 2,695.66 USDT. On the day, this instrument gained +1.13% with the lowest point at 2,567.02 USDT and the highest point at 2,714.68 USDT. The deviation from the price is +5.01% for the low point and -0.70% for the high point.

2,567.02

2,714.68

2,695.66

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:

The study of the highest / lowest by the Central Records scanner shows the following results:

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

Technical analysis of ETHEREUM - ETH/USDT in Daily shows a strongly overall 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 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 : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Three white soldiers

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	1,413.33	1,955.15	2,513.66	2,695.66
Change (%)	-47.57%	-27.47%	-6.75%	-
Change	-1,282.33	-740.51	-182.00	-
Level	Minor	Major	Intermediate	-

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,347.12	2,414.98	2,540.25	2,608.11	2,733.38	2,801.24	2,926.51
Camarilla	2,612.40	2,630.10	2,647.81	2,665.51	2,683.21	2,700.92	2,718.62
Woodie	2,375.82	2,429.33	2,568.95	2,622.46	2,762.08	2,815.59	2,955.21
Fibonacci	2,414.98	2,488.76	2,534.34	2,608.11	2,681.89	2,727.47	2,801.24

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,292.76	1,646.43	1,930.18	2,283.85	2,567.60	2,921.27	3,205.02
Camarilla	2,038.65	2,097.08	2,155.51	2,213.94	2,272.37	2,330.80	2,389.23
Woodie	1,257.81	1,628.95	1,895.23	2,266.37	2,532.65	2,903.79	3,170.07
Fibonacci	1,646.43	1,889.92	2,040.35	2,283.85	2,527.34	2,677.77	2,921.27

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,278.71	1,417.55	1,668.12	1,806.96	2,057.53	2,196.37	2,446.94
Camarilla	1,811.59	1,847.29	1,882.98	1,918.68	1,954.38	1,990.07	2,025.77
Woodie	1,334.57	1,445.48	1,723.98	1,834.89	2,113.39	2,224.30	2,502.80
Fibonacci	1,417.55	1,566.31	1,658.21	1,806.96	1,955.72	2,047.62	2,196.37

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):	67.80
MACD (12,26,9):	145.4300
Directional Movement:	15.40
AROON (14):	71.43
DEMA (21):	2,523.72
Parabolic SAR (0,02-0,02-0,2):	2,085.92
Elder Ray (13):	228.44
Super Trend (3,10):	2,104.19
Zig ZAG (10):	2,673.87
VORTEX (21):	1.1500
Stochastique (14,3,5):	92.56
TEMA (21):	2,566.04
Williams %R (14):	-4.46
Chande Momentum Oscillator (20):	263.24
Repulse (5,40,3):	14.4300
ROCnROLL:	1
TRIX (15,9):	0.8900
Courbe Coppock:	19.04

MA7:	2,456.66
MA20:	2,336.41
MA50:	2,042.44
MA100:	1,814.87
MAexp7:	2,505.71
MAexp20:	2,336.03
MAexp50:	2,098.65
MAexp100:	1,809.90
Price / MA7:	+9.73%
Price / MA20:	+15.38%
Price / MA50:	+31.98%
Price / MA100:	+48.53%
Price / MAexp7:	+7.58%
Price / MAexp20:	+15.39%
Price / MAexp50:	+28.45%
Price / MAexp100:	+48.94%

Quotes : - Real time data - Cryptocompare

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

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