ETHEREUM - ETH/USDT - 15 min. - Technical analysis published on 06/28/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
ETHEREUM - ETH/USDT Chart
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 1,923.75 USDT
My targets
2,039.55 USDT (+2.79%)
2,097.57 USDT (+5.72%)
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 1,923.75 USDT. The buyers' bullish objective is set at 2,039.55 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2,097.57 USDT. If there is any crossing, the next objective would be the resistance located at 2,213.37 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8
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This analysis was given by Addareea.
Additional analysis
Quotes
The ETHEREUM - ETH/USDT rating is 1,984.12 USDT. On the day, this instrument gained +0.13% and was traded between 1,962.99 USDT and 1,995.23 USDT over the period. The price is currently at +1.08% from its lowest and -0.56% from its highest.1,962.99
1,995.23
1,984.12
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 15 min. 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 market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 15 minutes
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,704.31 | 1,793.62 | 1,888.50 | 1,984.12 | 2,043.73 | 2,095.90 | 2,275.92 |
| Change (%) | -14.10% | -9.60% | -4.82% | - | +3.00% | +5.63% | +14.71% |
| Change | -279.81 | -190.50 | -95.62 | - | +59.61 | +111.78 | +291.80 |
| Level | Intermediate | Minor | Minor | - | 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 | 1,691.91 | 1,749.93 | 1,865.73 | 1,923.75 | 2,039.55 | 2,097.57 | 2,213.37 |
| Camarilla | 1,933.74 | 1,949.67 | 1,965.61 | 1,981.54 | 1,997.47 | 2,013.41 | 2,029.34 |
| Woodie | 1,720.81 | 1,764.38 | 1,894.63 | 1,938.20 | 2,068.45 | 2,112.02 | 2,242.27 |
| Fibonacci | 1,749.93 | 1,816.33 | 1,857.35 | 1,923.75 | 1,990.15 | 2,031.17 | 2,097.57 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,026.16 | 1,365.24 | 1,597.86 | 1,936.94 | 2,169.56 | 2,508.64 | 2,741.26 |
| Camarilla | 1,673.27 | 1,725.68 | 1,778.08 | 1,830.49 | 1,882.90 | 1,935.30 | 1,987.71 |
| Woodie | 972.94 | 1,338.63 | 1,544.64 | 1,910.33 | 2,116.34 | 2,482.03 | 2,688.04 |
| Fibonacci | 1,365.24 | 1,583.63 | 1,718.55 | 1,936.94 | 2,155.33 | 2,290.25 | 2,508.64 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1,128.80 | 303.66 | 1,505.12 | 2,937.58 | 4,139.04 | 5,571.50 | 6,772.96 |
| Camarilla | 1,982.26 | 2,223.71 | 2,465.15 | 2,706.59 | 2,948.03 | 3,189.48 | 3,430.92 |
| Woodie | -1,244.29 | 245.91 | 1,389.63 | 2,879.83 | 4,023.55 | 5,513.75 | 6,657.47 |
| Fibonacci | 303.66 | 1,309.81 | 1,931.42 | 2,937.58 | 3,943.73 | 4,565.34 | 5,571.50 |
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): | 68.30 | |
| MACD (12,26,9): | 13.7800 | |
| Directional Movement: | 19.64 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 1,988.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,965.48 | |
| Elder Ray (13): | 11.85 | |
| Super Trend (3,10): | 1,952.38 | |
| Zig ZAG (10): | 1,980.30 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 62.05 | |
| TEMA (21): | 1,980.12 | |
| Williams %R (14): | -49.21 | |
| Chande Momentum Oscillator (20): | 9.78 | |
| Repulse (5,40,3): | -0.0400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 0.82 |
| MA7: | 1,919.34 | |
| MA20: | 2,207.22 | |
| MA50: | 2,637.70 | |
| MA100: | 2,505.30 | |
| MAexp7: | 1,977.35 | |
| MAexp20: | 1,968.70 | |
| MAexp50: | 1,934.49 | |
| MAexp100: | 1,897.99 | |
| Price / MA7: | +3.38% | |
| Price / MA20: | -10.11% | |
| Price / MA50: | -24.78% | |
| Price / MA100: | -20.80% | |
| Price / MAexp7: | +0.34% | |
| Price / MAexp20: | +0.78% | |
| Price / MAexp50: | +2.57% | |
| Price / MAexp100: | +4.54% |
Quotes :
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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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