ETHEREUM - ETH/USDT - 1H - Technical analysis published on 12/07/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
22%
28%
50%
My opinion
Bullish above 3,955.02 USDT
My targets
4,064.95 USDT (+1.46%)
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 3,955.02 USDT. The buyers' bullish objective is set at 4,064.95 USDT. A bullish break in this resistance would boost the bullish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.2
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This analysis was given by Hoodor1337. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ETHEREUM - ETH/USDT rating is 4,006.29 USDT. The price has increased by +0.18% since the last closing and was traded between 3,968.68 USDT and 4,024.03 USDT over the period. The price is currently at +0.95% from its lowest and -0.44% from its highest.3,968.68
4,024.03
4,006.29
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
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
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 a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
On the 18 technical indicators analysed, 4 are bullish, 9 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 1
Type : Neutral
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
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 3,833.34 | 3,894.17 | 3,955.02 | 4,006.29 | 4,064.95 |
| Change (%) | -4.32% | -2.80% | -1.28% | - | +1.46% |
| Change | -172.95 | -112.12 | -51.27 | - | +58.66 |
| Level | Intermediate | Intermediate | Minor | - | Major |
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 | 3,513.64 | 3,646.01 | 3,822.49 | 3,954.86 | 4,131.34 | 4,263.71 | 4,440.19 |
| Camarilla | 3,914.03 | 3,942.34 | 3,970.65 | 3,998.96 | 4,027.27 | 4,055.58 | 4,083.89 |
| Woodie | 3,535.69 | 3,657.04 | 3,844.54 | 3,965.89 | 4,153.39 | 4,274.74 | 4,462.24 |
| Fibonacci | 3,646.01 | 3,763.99 | 3,836.88 | 3,954.86 | 4,072.84 | 4,145.73 | 4,263.71 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,905.96 | 3,079.42 | 3,391.59 | 3,565.05 | 3,877.22 | 4,050.68 | 4,362.85 |
| Camarilla | 3,570.20 | 3,614.72 | 3,659.23 | 3,703.75 | 3,748.27 | 3,792.78 | 3,837.30 |
| Woodie | 2,975.31 | 3,114.10 | 3,460.94 | 3,599.73 | 3,946.57 | 4,085.36 | 4,432.20 |
| Fibonacci | 3,079.42 | 3,264.93 | 3,379.54 | 3,565.05 | 3,750.56 | 3,865.17 | 4,050.68 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,417.64 | 1,888.77 | 2,796.26 | 3,267.39 | 4,174.88 | 4,646.01 | 5,553.50 |
| Camarilla | 3,324.63 | 3,451.00 | 3,577.38 | 3,703.75 | 3,830.12 | 3,956.50 | 4,082.87 |
| Woodie | 1,635.82 | 1,997.86 | 3,014.44 | 3,376.48 | 4,393.06 | 4,755.10 | 5,771.68 |
| Fibonacci | 1,888.77 | 2,415.40 | 2,740.76 | 3,267.39 | 3,794.02 | 4,119.38 | 4,646.01 |
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): | 53.94 | |
| MACD (12,26,9): | 11.0400 | |
| Directional Movement: | 2.96 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 4,007.13 | |
| Parabolic SAR (0,02-0,02-0,2): | 4,006.61 | |
| Elder Ray (13): | -1.22 | |
| Super Trend (3,10): | 3,930.70 | |
| Zig ZAG (10): | 3,994.24 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 65.83 | |
| TEMA (21): | 3,996.54 | |
| Williams %R (14): | -31.20 | |
| Chande Momentum Oscillator (20): | 17.57 | |
| Repulse (5,40,3): | 0.1600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 0.07 |
| MA7: | 3,797.85 | |
| MA20: | 3,532.85 | |
| MA50: | 3,070.91 | |
| MA100: | 2,771.20 | |
| MAexp7: | 3,995.69 | |
| MAexp20: | 3,989.11 | |
| MAexp50: | 3,948.63 | |
| MAexp100: | 3,878.44 | |
| Price / MA7: | +5.49% | |
| Price / MA20: | +13.40% | |
| Price / MA50: | +30.46% | |
| Price / MA100: | +44.57% | |
| Price / MAexp7: | +0.27% | |
| Price / MAexp20: | +0.43% | |
| Price / MAexp50: | +1.46% | |
| Price / MAexp100: | +3.30% |
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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