ETHEREUM - ETH/USDT - 15 min. - Technical analysis published on 03/18/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 1,837.90 USDT
My targets
1,750.41 USDT (-1.60%)
1,702.05 USDT (-4.32%)
My analysis
In the short term, we can see an acceleration in the bearish trend on ETHEREUM - ETH/USDT, which is a positive signal for sellers. As long as the price remains above 1,837.90 USDT, a sale could be considered. The first bearish objective is located at 1,750.41 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1,702.05 USDT as an objective. Crossing it would then enable sellers to target 1,614.56 USDT. If the price were to return above 1,837.90 USDT, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
5.9
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Additional analysis
Quotes
ETHEREUM - ETH/USDT rating 1,778.93 USDT. The price registered a decrease of -0.60% on the session and was traded between 1,750.16 USDT and 1,838.40 USDT over the period. The price is currently at +1.64% from its lowest and -3.23% from its highest.1,750.16
1,838.40
1,778.93
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of ETHEREUM - ETH/USDT indicates that the overall trend is bearish. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA50 & MA100
Type : Bearish
Timeframe : 15 minutes
In fact, 11 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
White hanging man / hammer
Type : Neutral
Timeframe : 15 minutes
Bullish harami
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,644.96 | 1,703.28 | 1,774.95 | 1,778.93 | 1,975.16 | 3,521.93 | 4,170.72 |
| Change (%) | -7.53% | -4.25% | -0.22% | - | +11.03% | +97.98% | +134.45% |
| Change | -133.97 | -75.65 | -3.98 | - | +196.23 | +1,743.00 | +2,391.79 |
| Level | Intermediate | Major | Intermediate | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,566.20 | 1,614.56 | 1,702.05 | 1,750.41 | 1,837.90 | 1,886.26 | 1,973.75 |
| Camarilla | 1,752.18 | 1,764.63 | 1,777.09 | 1,789.54 | 1,801.99 | 1,814.45 | 1,826.90 |
| Woodie | 1,585.77 | 1,624.34 | 1,721.62 | 1,760.19 | 1,857.47 | 1,896.04 | 1,993.32 |
| Fibonacci | 1,614.56 | 1,666.46 | 1,698.52 | 1,750.41 | 1,802.31 | 1,834.37 | 1,886.26 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,151.06 | 1,261.01 | 1,366.14 | 1,476.09 | 1,581.22 | 1,691.17 | 1,796.30 |
| Camarilla | 1,412.12 | 1,431.84 | 1,451.55 | 1,471.27 | 1,490.99 | 1,510.70 | 1,530.42 |
| Woodie | 1,148.65 | 1,259.81 | 1,363.73 | 1,474.89 | 1,578.81 | 1,689.97 | 1,793.89 |
| Fibonacci | 1,261.01 | 1,343.17 | 1,393.93 | 1,476.09 | 1,558.25 | 1,609.01 | 1,691.17 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,218.73 | 1,341.49 | 1,480.45 | 1,603.21 | 1,742.17 | 1,864.93 | 2,003.89 |
| Camarilla | 1,547.43 | 1,571.42 | 1,595.41 | 1,619.40 | 1,643.39 | 1,667.38 | 1,691.37 |
| Woodie | 1,226.82 | 1,345.54 | 1,488.54 | 1,607.26 | 1,750.26 | 1,868.98 | 2,011.98 |
| Fibonacci | 1,341.49 | 1,441.47 | 1,503.24 | 1,603.21 | 1,703.19 | 1,764.96 | 1,864.93 |
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): | 39.55 | |
| MACD (12,26,9): | -3.9700 | |
| Directional Movement: | -13.01 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 1,783.25 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,799.12 | |
| Elder Ray (13): | -8.45 | |
| Super Trend (3,10): | 1,802.78 | |
| Zig ZAG (10): | 1,778.79 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 12.55 | |
| TEMA (21): | 1,782.65 | |
| Williams %R (14): | -86.40 | |
| Chande Momentum Oscillator (20): | -14.59 | |
| Repulse (5,40,3): | -0.3000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 0.36 |
| MA7: | 1,692.33 | |
| MA20: | 1,606.55 | |
| MA50: | 1,611.07 | |
| MA100: | 1,457.80 | |
| MAexp7: | 1,784.15 | |
| MAexp20: | 1,788.39 | |
| MAexp50: | 1,793.54 | |
| MAexp100: | 1,785.51 | |
| Price / MA7: | +5.12% | |
| Price / MA20: | +10.73% | |
| Price / MA50: | +10.42% | |
| Price / MA100: | +22.03% | |
| Price / MAexp7: | -0.29% | |
| Price / MAexp20: | -0.53% | |
| Price / MAexp50: | -0.81% | |
| Price / MAexp100: | -0.37% |
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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