ETHEREUM - ETH/USDT - 1H - Technical analysis published on 03/20/2023 (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:
Neutral
Underlying:
Bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 1,703.28 USDT
My targets
1,914.88 USDT (+7.67%)
1,975.16 USDT (+11.06%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 1,703.28 USDT remains possible. It is advisable to trade ETHEREUM - ETH/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 1,703.28 USDT. The next bullish objective for buyers is set at 1,914.88 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,975.16 USDT. If there is any crossing, the next objective would be the resistance located at 3,521.93 USDT. PS: if there is a bearish break in the support located at 1,703.28 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
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
2.7
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Additional analysis
Quotes
The ETHEREUM - ETH/USDT price is 1,778.40 USDT. The price is lower by -0.12% since the last closing and was between 1,738.16 USDT and 1,802.53 USDT. This implies that the price is at +2.32% from its lowest and at -1.34% from its highest.1,738.16
1,802.53
1,778.40
The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of ETHEREUM - ETH/USDT in 1H shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found this result concerning these indicators:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Black evening star
Type : Bearish
Timeframe : 1 hour
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 | 1,778.40 | 1,975.16 | 3,521.93 | 4,170.72 |
| Change (%) | -7.50% | -4.22% | -0.19% | - | +11.06% | +98.04% | +134.52% |
| Change | -133.44 | -75.12 | -3.45 | - | +196.76 | +1,743.53 | +2,392.32 |
| Level | Intermediate | Major | Intermediate | - | Minor | Minor | Minor |
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 | 1,663.66 | 1,710.97 | 1,745.75 | 1,793.06 | 1,827.84 | 1,875.15 | 1,909.93 |
| Camarilla | 1,757.96 | 1,765.48 | 1,773.01 | 1,780.53 | 1,788.06 | 1,795.58 | 1,803.11 |
| Woodie | 1,657.40 | 1,707.84 | 1,739.49 | 1,789.93 | 1,821.58 | 1,872.02 | 1,903.67 |
| Fibonacci | 1,710.97 | 1,742.33 | 1,761.70 | 1,793.06 | 1,824.42 | 1,843.79 | 1,875.15 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,137.82 | 1,293.84 | 1,526.35 | 1,682.37 | 1,914.88 | 2,070.90 | 2,303.41 |
| Camarilla | 1,652.00 | 1,687.62 | 1,723.24 | 1,758.85 | 1,794.47 | 1,830.08 | 1,865.70 |
| Woodie | 1,176.06 | 1,312.96 | 1,564.59 | 1,701.49 | 1,953.12 | 2,090.02 | 2,341.65 |
| Fibonacci | 1,293.84 | 1,442.26 | 1,533.96 | 1,682.37 | 1,830.79 | 1,922.49 | 2,070.90 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 50.76 | |
| MACD (12,26,9): | -2.9300 | |
| Directional Movement: | 6.07 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 1,775.28 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,741.79 | |
| Elder Ray (13): | 8.99 | |
| Super Trend (3,10): | 1,805.60 | |
| Zig ZAG (10): | 1,778.43 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 56.14 | |
| TEMA (21): | 1,771.47 | |
| Williams %R (14): | -41.06 | |
| Chande Momentum Oscillator (20): | -23.69 | |
| Repulse (5,40,3): | 0.3500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 3.36 |
| MA7: | 1,733.25 | |
| MA20: | 1,619.79 | |
| MA50: | 1,616.88 | |
| MA100: | 1,468.04 | |
| MAexp7: | 1,776.61 | |
| MAexp20: | 1,779.12 | |
| MAexp50: | 1,776.12 | |
| MAexp100: | 1,748.94 | |
| Price / MA7: | +2.60% | |
| Price / MA20: | +9.79% | |
| Price / MA50: | +9.99% | |
| Price / MA100: | +21.14% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | +0.12% | |
| Price / MAexp100: | +1.68% |
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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