ETHEREUM - ETH/USDT - 1H - Technical analysis published on 04/28/2021 (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
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 2,675.98 USDT
My targets
2,921.27 USDT (+8.50%)
3,205.02 USDT (+19.03%)
My analysis
The bullish trend is currently very strong on ETHEREUM - ETH/USDT. As long as the price remains above the support at 2,675.98 USDT, you could try to benefit from the boom. The first bullish objective is located at 2,921.27 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3,205.02 USDT as an objective. 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.
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
7.7
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This analysis was given by Keums91. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ETHEREUM - ETH/USDT price is 2,692.51 USDT. The price has increased by +1.01% since the last closing and was traded between 2,567.02 USDT and 2,714.68 USDT over the period. The price is currently at +4.89% from its lowest and -0.82% from its highest.2,567.02
2,714.68
2,692.51
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:
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 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 scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, 11 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
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 : 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 | 2,429.77 | 2,513.66 | 2,675.98 | 2,692.51 |
| Change (%) | -9.76% | -6.64% | -0.61% | - |
| Change | -262.74 | -178.85 | -16.53 | - |
| Level | Intermediate | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| 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): | 60.41 | |
| MACD (12,26,9): | 15.9500 | |
| Directional Movement: | 8.81 | |
| AROON (14): | -35.72 | |
| DEMA (21): | 2,649.89 | |
| Parabolic SAR (0,02-0,02-0,2): | 2,567.02 | |
| Elder Ray (13): | 26.70 | |
| Super Trend (3,10): | 2,696.52 | |
| Zig ZAG (10): | 2,669.94 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 49.58 | |
| TEMA (21): | 2,635.10 | |
| Williams %R (14): | -21.62 | |
| Chande Momentum Oscillator (20): | 19.77 | |
| Repulse (5,40,3): | 3.5900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 1.56 |
| MA7: | 2,456.66 | |
| MA20: | 2,337.57 | |
| MA50: | 2,042.88 | |
| MA100: | 1,814.87 | |
| MAexp7: | 2,639.46 | |
| MAexp20: | 2,623.32 | |
| MAexp50: | 2,567.15 | |
| MAexp100: | 2,489.96 | |
| Price / MA7: | +9.60% | |
| Price / MA20: | +15.18% | |
| Price / MA50: | +31.80% | |
| Price / MA100: | +48.36% | |
| Price / MAexp7: | +2.01% | |
| Price / MAexp20: | +2.64% | |
| Price / MAexp50: | +4.88% | |
| Price / MAexp100: | +8.13% |
Quotes :
-
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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