ETHEREUM - ETH/USDT - 1H - Technical analysis published on 11/27/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 143.79 USDT
My targets
151.17 USDT (+2.54%)
159.54 USDT (+8.22%)
My analysis
ETHEREUM - ETH/USDT is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 143.79 USDT, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 151.17 USDT. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 159.54 USDT would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 173.04 USDT. Beware of a possible return to under the support located at 143.79 USDT which would be the sign of a correction of the bullish excesses registered in the short term.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
4.6
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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 rating is 147.42 USDT. The price registered a decrease of -0.01% on the session with the lowest point at 141.01 USDT and the highest point at 149.00 USDT. The deviation from the price is +4.55% for the low point and -1.06% for the high point.141.01
149.00
147.42
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this ETHEREUM - ETH/USDT chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
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:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 131.50 | 138.98 | 143.79 | 147.42 | 151.17 | 159.54 | 173.04 |
| Change (%) | -10.80% | -5.73% | -2.46% | - | +2.54% | +8.22% | +17.38% |
| Change | -15.92 | -8.44 | -3.63 | - | +3.75 | +12.12 | +25.62 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Major | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 138.24 | 140.99 | 144.21 | 146.96 | 150.18 | 152.93 | 156.15 |
| Camarilla | 145.80 | 146.35 | 146.89 | 147.44 | 147.99 | 148.53 | 149.08 |
| Woodie | 138.49 | 141.11 | 144.46 | 147.08 | 150.43 | 153.05 | 156.40 |
| Fibonacci | 140.99 | 143.27 | 144.68 | 146.96 | 149.24 | 150.65 | 152.93 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 84.95 | 111.96 | 131.84 | 158.85 | 178.73 | 205.74 | 225.62 |
| Camarilla | 138.82 | 143.11 | 147.41 | 151.71 | 156.01 | 160.31 | 164.61 |
| Woodie | 81.38 | 110.18 | 128.27 | 157.07 | 175.16 | 203.96 | 222.05 |
| Fibonacci | 111.96 | 129.88 | 140.94 | 158.85 | 176.77 | 187.83 | 205.74 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 115.95 | 135.04 | 158.60 | 177.69 | 201.25 | 220.34 | 243.90 |
| Camarilla | 170.42 | 174.33 | 178.24 | 182.15 | 186.06 | 189.97 | 193.88 |
| Woodie | 118.18 | 136.16 | 160.83 | 178.81 | 203.48 | 221.46 | 246.13 |
| Fibonacci | 135.04 | 151.34 | 161.40 | 177.69 | 193.99 | 204.05 | 220.34 |
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): | 54.47 | |
| MACD (12,26,9): | 0.1000 | |
| Directional Movement: | 2.80 | |
| AROON (14): | 21.42 | |
| DEMA (21): | 146.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 141.33 | |
| Elder Ray (13): | 1.56 | |
| Super Trend (3,10): | 141.72 | |
| Zig ZAG (10): | 147.41 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 85.94 | |
| TEMA (21): | 146.39 | |
| Williams %R (14): | -12.52 | |
| Chande Momentum Oscillator (20): | 0.46 | |
| Repulse (5,40,3): | 0.9800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 1.24 |
| MA7: | 149.04 | |
| MA20: | 171.02 | |
| MA50: | 176.72 | |
| MA100: | 180.14 | |
| MAexp7: | 146.57 | |
| MAexp20: | 146.16 | |
| MAexp50: | 146.15 | |
| MAexp100: | 148.10 | |
| Price / MA7: | -1.09% | |
| Price / MA20: | -13.80% | |
| Price / MA50: | -16.58% | |
| Price / MA100: | -18.16% | |
| Price / MAexp7: | +0.58% | |
| Price / MAexp20: | +0.86% | |
| Price / MAexp50: | +0.87% | |
| Price / MAexp100: | -0.46% |
This member declared not having a position on this financial instrument or a related financial instrument.
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