ETHEREUM - ETH/USDT - 1H - Technical analysis published on 03/21/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 1,775.97 USDT
My targets
1,644.96 USDT (-4.93%)
1,612.79 USDT (-6.78%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ETHEREUM - ETH/USDT as long as the price remains well below 1,775.97 USDT. The sellers' bearish objective is set at 1,644.96 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1,612.79 USDT. In case of crossing, the next objective would be the support located at 1,567.37 USDT.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
5.9
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Additional analysis
Quotes
ETHEREUM - ETH/USDT rating 1,730.18 USDT. The price is lower by -0.13% since the last closing with the lowest point at 1,718.43 USDT and the highest point at 1,757.05 USDT. The deviation from the price is +0.68% for the low point and -1.53% for the high point.1,718.43
1,757.05
1,730.18
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 this 1H chart of ETHEREUM - ETH/USDT indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,567.37 | 1,612.79 | 1,644.96 | 1,730.18 | 1,738.91 | 1,775.97 | 1,802.13 |
| Change (%) | -9.41% | -6.78% | -4.93% | - | +0.50% | +2.65% | +4.16% |
| Change | -162.81 | -117.39 | -85.22 | - | +8.73 | +45.79 | +71.95 |
| Level | Minor | Intermediate | Major | - | Intermediate | 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 | 1,624.63 | 1,674.23 | 1,703.33 | 1,752.93 | 1,782.03 | 1,831.63 | 1,860.73 |
| Camarilla | 1,710.79 | 1,718.00 | 1,725.22 | 1,732.43 | 1,739.64 | 1,746.86 | 1,754.07 |
| Woodie | 1,614.38 | 1,669.11 | 1,693.08 | 1,747.81 | 1,771.78 | 1,826.51 | 1,850.48 |
| Fibonacci | 1,674.23 | 1,704.29 | 1,722.87 | 1,752.93 | 1,782.99 | 1,801.57 | 1,831.63 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 37.20 | |
| MACD (12,26,9): | -9.5100 | |
| Directional Movement: | -15.35 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 1,735.82 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,746.85 | |
| Elder Ray (13): | -12.33 | |
| Super Trend (3,10): | 1,772.84 | |
| Zig ZAG (10): | 1,730.04 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 28.57 | |
| TEMA (21): | 1,732.23 | |
| Williams %R (14): | -75.72 | |
| Chande Momentum Oscillator (20): | -24.28 | |
| Repulse (5,40,3): | -0.6100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 2.07 |
| MA7: | 1,730.28 | |
| MA20: | 1,620.55 | |
| MA50: | 1,619.36 | |
| MA100: | 1,472.26 | |
| MAexp7: | 1,737.41 | |
| MAexp20: | 1,748.04 | |
| MAexp50: | 1,759.44 | |
| MAexp100: | 1,748.90 | |
| Price / MA7: | -0.01% | |
| Price / MA20: | +6.76% | |
| Price / MA50: | +6.84% | |
| Price / MA100: | +17.52% | |
| Price / MAexp7: | -0.42% | |
| Price / MAexp20: | -1.02% | |
| Price / MAexp50: | -1.66% | |
| Price / MAexp100: | -1.07% |
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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