ETHEREUM - ETH/USDT - 1H - Technical analysis published on 05/11/2021 (GMT)
- 151
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
33%
33%
33%
My opinion
Neutral between 3,716.64 USDT and 3,982.62 USDT
My targets
-
My analysis
The short-term decline on ETHEREUM - ETH/USDT remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 3,716.64 USDT. The first resistance is located at 3,982.62 USDT. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this 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 abuabbas. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ETHEREUM - ETH/USDT price is 3,944.79 USDT. The price is lower by -0.05% since the last closing and was between 3,775.15 USDT and 4,024.28 USDT. This implies that the price is at +4.49% from its lowest and at -1.98% from its highest.3,775.15
4,024.28
3,944.79
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:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ETHEREUM - ETH/USDT chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
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 presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 3,364.84 | 3,593.04 | 3,716.64 | 3,944.79 | 3,982.62 | 4,205.37 |
| Change (%) | -14.70% | -8.92% | -5.78% | - | +0.96% | +6.61% |
| Change | -579.95 | -351.75 | -228.15 | - | +37.83 | +260.58 |
| Level | Minor | Intermediate | Minor | - | Minor | 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 | 3,218.37 | 3,467.51 | 3,707.10 | 3,956.24 | 4,195.83 | 4,444.97 | 4,684.56 |
| Camarilla | 3,812.30 | 3,857.10 | 3,901.90 | 3,946.70 | 3,991.50 | 4,036.30 | 4,081.10 |
| Woodie | 3,213.61 | 3,465.12 | 3,702.34 | 3,953.85 | 4,191.07 | 4,442.58 | 4,679.80 |
| Fibonacci | 3,467.51 | 3,654.20 | 3,769.54 | 3,956.24 | 4,142.93 | 4,258.27 | 4,444.97 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,090.62 | 2,472.68 | 3,191.49 | 3,573.55 | 4,292.36 | 4,674.42 | 5,393.23 |
| Camarilla | 3,607.55 | 3,708.46 | 3,809.38 | 3,910.29 | 4,011.20 | 4,112.12 | 4,213.03 |
| Woodie | 2,258.99 | 2,556.87 | 3,359.86 | 3,657.74 | 4,460.73 | 4,758.61 | 5,561.60 |
| Fibonacci | 2,472.68 | 2,893.22 | 3,153.02 | 3,573.55 | 3,994.09 | 4,253.89 | 4,674.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,293.70 | 1,599.36 | 2,185.90 | 2,491.56 | 3,078.10 | 3,383.76 | 3,970.30 |
| Camarilla | 2,527.10 | 2,608.88 | 2,690.67 | 2,772.45 | 2,854.24 | 2,936.02 | 3,017.81 |
| Woodie | 1,434.15 | 1,669.58 | 2,326.35 | 2,561.78 | 3,218.55 | 3,453.98 | 4,110.75 |
| Fibonacci | 1,599.36 | 1,940.18 | 2,150.74 | 2,491.56 | 2,832.38 | 3,042.94 | 3,383.76 |
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): | 48.23 | |
| MACD (12,26,9): | -28.9500 | |
| Directional Movement: | -13.21 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 3,926.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 4,025.73 | |
| Elder Ray (13): | 5.05 | |
| Super Trend (3,10): | 4,149.29 | |
| Zig ZAG (10): | 3,935.90 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 43.69 | |
| TEMA (21): | 3,877.76 | |
| Williams %R (14): | -50.17 | |
| Chande Momentum Oscillator (20): | -41.61 | |
| Repulse (5,40,3): | 1.4500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 9.94 |
| MA7: | 3,746.84 | |
| MA20: | 3,077.01 | |
| MA50: | 2,461.24 | |
| MA100: | 2,088.22 | |
| MAexp7: | 3,911.75 | |
| MAexp20: | 3,955.56 | |
| MAexp50: | 3,936.37 | |
| MAexp100: | 3,819.88 | |
| Price / MA7: | +5.28% | |
| Price / MA20: | +28.20% | |
| Price / MA50: | +60.28% | |
| Price / MA100: | +88.91% | |
| Price / MAexp7: | +0.84% | |
| Price / MAexp20: | -0.27% | |
| Price / MAexp50: | +0.21% | |
| Price / MAexp100: | +3.27% |
Quotes :
-
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