ETHEREUM - ETH/USDT
ETHEREUM - ETH/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: ETHUSDT
ISIN:

ETHEREUM - ETH/USDT - 1H - Technical analysis published on 12/09/2023 (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
33%
28%
39%
My opinion
Bullish above 2,311.19 USDT
My targets
2,411.10 USDT (+2.21%)
2,437.20 USDT (+3.32%)
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 2,311.19 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 2,311.19 USDT. The next bullish objective for buyers is set at 2,411.10 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2,437.20 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 2,311.19 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.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
4.1

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vestige. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

ETHEREUM - ETH/USDT rating 2,358.91 USDT. On the day, this instrument gained +0.01% with the lowest point at 2,349.50 USDT and the highest point at 2,402.12 USDT. The deviation from the price is +0.40% for the low point and -1.80% for the high point.

2,349.50
2,402.12
2,358.91

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ETHEREUM - ETH/USDT:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Abnormal volumes on ETHEREUM - ETH/USDT were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of ETHEREUM - ETH/USDT in 1H shows an overall bullish trend. 78.57% 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 currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,150.64 2,221.34 2,311.19 2,358.91 2,411.10 3,521.93 4,170.72
Change (%) -8.83% -5.83% -2.02% - +2.21% +49.30% +76.81%
Change -208.27 -137.57 -47.72 - +52.19 +1,163.02 +1,811.81
Level Minor Intermediate Intermediate - Intermediate Minor Minor



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
Standard2,283.822,311.522,335.082,362.782,386.342,414.042,437.60
Camarilla2,344.532,349.232,353.932,358.632,363.332,368.032,372.73
Woodie2,281.742,310.492,333.002,361.752,384.262,413.012,435.52
Fibonacci2,311.522,331.112,343.202,362.782,382.372,394.462,414.04


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,839.571,912.772,038.782,111.982,237.992,311.192,437.20
Camarilla2,110.002,128.262,146.522,164.782,183.042,201.302,219.56
Woodie1,865.971,925.972,065.182,125.182,264.392,324.392,463.60
Fibonacci1,912.771,988.872,035.892,111.982,188.082,235.102,311.19


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,482.221,629.861,840.881,988.522,199.542,347.182,558.20
Camarilla1,953.261,986.142,019.012,051.892,084.772,117.642,150.52
Woodie1,513.901,645.711,872.562,004.372,231.222,363.032,589.88
Fibonacci1,629.861,766.871,851.521,988.522,125.532,210.182,347.18

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): 52.18
MACD (12,26,9): 6.4700
Directional Movement: 18.20
AROON (14): 92.86
DEMA (21): 2,370.80
Parabolic SAR (0,02-0,02-0,2): 2,402.12
Elder Ray (13): 0.82
Super Trend (3,10): 2,338.20
Zig ZAG (10): 2,361.63
VORTEX (21): 0.9800
Stochastique (14,3,5): 48.06
TEMA (21): 2,365.88
Williams %R (14): -76.95
Chande Momentum Oscillator (20): -6.65
Repulse (5,40,3): -0.9400
ROCnROLL: -1
TRIX (15,9): 0.0400
Courbe Coppock: 0.93
MA7: 2,291.19
MA20: 2,137.66
MA50: 1,986.96
MA100: 1,800.23
MAexp7: 2,365.79
MAexp20: 2,361.12
MAexp50: 2,340.42
MAexp100: 2,303.20
Price / MA7: +2.96%
Price / MA20: +10.35%
Price / MA50: +18.72%
Price / MA100: +31.03%
Price / MAexp7: -0.29%
Price / MAexp20: -0.09%
Price / MAexp50: +0.79%
Price / MAexp100: +2.42%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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