ETHEREUM - ETH/USDT - 1H - Technical analysis published on 10/25/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 3,950.48 USDT
My targets
4,170.72 USDT (+0.72%)
4,240.10 USDT (+2.40%)
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 3,950.48 USDT. The buyers' bullish objective is set at 4,170.72 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4,240.10 USDT. If there is any crossing, the next objective would be the resistance located at 4,370.55 USDT.
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
6.6
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This analysis was given by oliver998. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ETHEREUM - ETH/USDT price is 4,140.72 USDT. The price has increased by +1.42% since the last closing and was traded between 4,069.63 USDT and 4,152.57 USDT over the period. The price is currently at +1.75% from its lowest and -0.29% from its highest.4,069.63
4,152.57
4,140.72
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:
Technical
Technical analysis of ETHEREUM - ETH/USDT in 1H shows an overall bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 3,751.73 | 3,856.79 | 3,950.48 | 4,140.72 | 4,170.72 | 4,240.10 | 4,370.55 |
| Change (%) | -9.39% | -6.86% | -4.59% | - | +0.72% | +2.40% | +5.55% |
| Change | -388.99 | -283.93 | -190.24 | - | +30.00 | +99.38 | +229.83 |
| Level | Minor | Minor | Major | - | Major | 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 | 3,749.01 | 3,856.66 | 3,969.63 | 4,077.28 | 4,190.25 | 4,297.90 | 4,410.87 |
| Camarilla | 4,021.94 | 4,042.16 | 4,062.39 | 4,082.61 | 4,102.83 | 4,123.06 | 4,143.28 |
| Woodie | 3,751.68 | 3,857.99 | 3,972.30 | 4,078.61 | 4,192.92 | 4,299.23 | 4,413.54 |
| Fibonacci | 3,856.66 | 3,940.93 | 3,993.00 | 4,077.28 | 4,161.55 | 4,213.62 | 4,297.90 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,070.41 | 3,371.05 | 3,769.27 | 4,069.91 | 4,468.13 | 4,768.77 | 5,166.99 |
| Camarilla | 3,975.30 | 4,039.37 | 4,103.43 | 4,167.49 | 4,231.55 | 4,295.61 | 4,359.68 |
| Woodie | 3,119.20 | 3,395.45 | 3,818.06 | 4,094.31 | 4,516.92 | 4,793.17 | 5,215.78 |
| Fibonacci | 3,371.05 | 3,638.02 | 3,802.95 | 4,069.91 | 4,336.88 | 4,501.81 | 4,768.77 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,175.39 | 1,927.67 | 2,463.86 | 3,216.14 | 3,752.33 | 4,504.61 | 5,040.80 |
| Camarilla | 2,645.71 | 2,763.82 | 2,881.93 | 3,000.04 | 3,118.15 | 3,236.26 | 3,354.37 |
| Woodie | 1,067.34 | 1,873.65 | 2,355.81 | 3,162.12 | 3,644.28 | 4,450.59 | 4,932.75 |
| Fibonacci | 1,927.67 | 2,419.87 | 2,723.95 | 3,216.14 | 3,708.34 | 4,012.42 | 4,504.61 |
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): | 61.77 | |
| MACD (12,26,9): | 16.8400 | |
| Directional Movement: | 9.15 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 4,105.16 | |
| Parabolic SAR (0,02-0,02-0,2): | 4,039.69 | |
| Elder Ray (13): | 44.17 | |
| Super Trend (3,10): | 4,044.03 | |
| Zig ZAG (10): | 4,148.63 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 96.21 | |
| TEMA (21): | 4,129.17 | |
| Williams %R (14): | -5.63 | |
| Chande Momentum Oscillator (20): | 118.53 | |
| Repulse (5,40,3): | 0.4200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 4.60 |
| MA7: | 4,064.19 | |
| MA20: | 3,794.24 | |
| MA50: | 3,471.76 | |
| MA100: | 3,192.02 | |
| MAexp7: | 4,122.44 | |
| MAexp20: | 4,093.52 | |
| MAexp50: | 4,076.70 | |
| MAexp100: | 4,051.97 | |
| Price / MA7: | +1.88% | |
| Price / MA20: | +9.13% | |
| Price / MA50: | +19.27% | |
| Price / MA100: | +29.72% | |
| Price / MAexp7: | +0.44% | |
| Price / MAexp20: | +1.15% | |
| Price / MAexp50: | +1.57% | |
| Price / MAexp100: | +2.19% |
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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