ETHEREUM - ETH/USDT - 1H - Technical analysis published on 10/18/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 172.54 USDT
My targets
161.37 USDT (-5.86%)
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 172.54 USDT. The sellers” bearish objective is set at 161.37 USDT. A bearish break of this support would revive the bearish momentum. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ETHEREUM - ETH/USDT price is 171.41 USDT. The price registered a decrease of -3.24% on the session and was between 168.96 USDT and 177.32 USDT. This implies that the price is at +1.45% from its lowest and at -3.33% from its highest.168.96
177.32
171.41
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of ETHEREUM - ETH/USDT in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 161.37 | 171.41 | 172.54 | 175.64 | 178.28 |
| Change (%) | -5.86% | - | +0.66% | +2.47% | +4.01% |
| Change | -10.04 | - | +1.13 | +4.23 | +6.87 |
| Level | Major | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 167.62 | 170.17 | 173.66 | 176.21 | 179.70 | 182.25 | 185.74 |
| Camarilla | 175.49 | 176.04 | 176.60 | 177.15 | 177.70 | 178.26 | 178.81 |
| Woodie | 168.09 | 170.41 | 174.13 | 176.45 | 180.17 | 182.49 | 186.21 |
| Fibonacci | 170.17 | 172.48 | 173.90 | 176.21 | 178.52 | 179.94 | 182.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 138.46 | 153.27 | 166.49 | 181.30 | 194.52 | 209.33 | 222.55 |
| Camarilla | 171.99 | 174.56 | 177.13 | 179.70 | 182.27 | 184.84 | 187.41 |
| Woodie | 137.66 | 152.87 | 165.69 | 180.90 | 193.72 | 208.93 | 221.75 |
| Fibonacci | 153.27 | 163.98 | 170.60 | 181.30 | 192.01 | 198.63 | 209.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 153.45 | 128.72 | 157.67 | 132.94 | 161.89 | 137.16 | 166.11 |
| Camarilla | 185.45 | 185.84 | 186.22 | 186.61 | 187.00 | 187.38 | 187.77 |
| Woodie | 180.28 | 142.14 | 184.50 | 146.36 | 188.72 | 150.58 | 192.94 |
| Fibonacci | 128.72 | 130.34 | 131.33 | 132.94 | 134.56 | 135.55 | 137.16 |
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): | 32.52 | |
| MACD (12,26,9): | -1.2600 | |
| Directional Movement: | -23.41 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 172.14 | |
| Parabolic SAR (0,02-0,02-0,2): | 172.72 | |
| Elder Ray (13): | -1.27 | |
| Super Trend (3,10): | 174.90 | |
| Zig ZAG (10): | 171.41 | |
| VORTEX (21): | 0.7700 | |
| Stochastique (14,3,5): | 34.19 | |
| TEMA (21): | 171.61 | |
| Williams %R (14): | -66.63 | |
| Chande Momentum Oscillator (20): | -5.20 | |
| Repulse (5,40,3): | -0.3800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 5.33 |
| MA7: | 168.35 | |
| MA20: | 175.81 | |
| MA50: | 181.37 | |
| MA100: | 195.30 | |
| MAexp7: | 172.23 | |
| MAexp20: | 173.60 | |
| MAexp50: | 175.27 | |
| MAexp100: | 177.33 | |
| Price / MA7: | +1.82% | |
| Price / MA20: | -2.50% | |
| Price / MA50: | -5.49% | |
| Price / MA100: | -12.23% | |
| Price / MAexp7: | -0.48% | |
| Price / MAexp20: | -1.26% | |
| Price / MAexp50: | -2.20% | |
| Price / MAexp100: | -3.34% |
This member declared not having a position on this financial instrument or a related financial instrument.
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