ETHEREUM - ETH/USDT - 1H - Technical analysis published on 12/06/2019 (GMT)
- Who voted?
- 242
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bearish
Technical indicators
44%
17%
39%
My opinion
Bearish under 149.22 USDT
My targets
146.03 USDT (-0.65%)
144.03 USDT (-2.01%)
My analysis
All elements being rather 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 149.22 USDT. The next bearish objective for sellers is set at 146.03 USDT. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 144.03 USDT. If there is any crossing, the next objective would be the support located at 140.14 USDT. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
3
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ETHEREUM - ETH/USDT rating 146.98 USDT. The price registered a decrease of -0.76% on the session and was between 146.05 USDT and 148.28 USDT. This implies that the price is at +0.64% from its lowest and at -0.88% from its highest.146.05
148.28
146.98
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ETHEREUM - ETH/USDT:
Technical
Technical analysis of this 1H chart of ETHEREUM - ETH/USDT indicates that the overall trend is bearish. 75% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
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, 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 | 140.14 | 144.03 | 146.03 | 146.98 | 149.22 | 150.71 | 154.43 |
| Change (%) | -4.65% | -2.01% | -0.65% | - | +1.52% | +2.54% | +5.07% |
| Change | -6.84 | -2.95 | -0.95 | - | +2.24 | +3.73 | +7.45 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 140.44 | 142.23 | 145.17 | 146.96 | 149.90 | 151.69 | 154.63 |
| Camarilla | 146.80 | 147.23 | 147.67 | 148.10 | 148.53 | 148.97 | 149.40 |
| Woodie | 141.01 | 142.52 | 145.74 | 147.25 | 150.47 | 151.98 | 155.20 |
| Fibonacci | 142.23 | 144.04 | 145.16 | 146.96 | 148.77 | 149.89 | 151.69 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 110.63 | 121.06 | 136.30 | 146.73 | 161.97 | 172.40 | 187.64 |
| Camarilla | 144.47 | 146.82 | 149.18 | 151.53 | 153.88 | 156.24 | 158.59 |
| Woodie | 113.03 | 122.26 | 138.70 | 147.93 | 164.37 | 173.60 | 190.04 |
| Fibonacci | 121.06 | 130.87 | 136.93 | 146.73 | 156.54 | 162.60 | 172.40 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 61.31 | 96.40 | 123.97 | 159.06 | 186.63 | 221.72 | 249.29 |
| Camarilla | 134.30 | 140.04 | 145.79 | 151.53 | 157.27 | 163.02 | 168.76 |
| Woodie | 57.54 | 94.52 | 120.20 | 157.18 | 182.86 | 219.84 | 245.52 |
| Fibonacci | 96.40 | 120.34 | 135.13 | 159.06 | 183.00 | 197.79 | 221.72 |
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): | 52.50 | |
| MACD (12,26,9): | -0.0600 | |
| Directional Movement: | -0.61 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 147.07 | |
| Parabolic SAR (0,02-0,02-0,2): | 147.87 | |
| Elder Ray (13): | 0.26 | |
| Super Trend (3,10): | 145.34 | |
| Zig ZAG (10): | 147.33 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 47.46 | |
| TEMA (21): | 146.86 | |
| Williams %R (14): | -39.56 | |
| Chande Momentum Oscillator (20): | -0.45 | |
| Repulse (5,40,3): | 0.0400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.17 |
| MA7: | 148.42 | |
| MA20: | 155.25 | |
| MA50: | 170.83 | |
| MA100: | 176.69 | |
| MAexp7: | 146.87 | |
| MAexp20: | 147.07 | |
| MAexp50: | 147.08 | |
| MAexp100: | 147.48 | |
| Price / MA7: | -0.97% | |
| Price / MA20: | -5.33% | |
| Price / MA50: | -13.96% | |
| Price / MA100: | -16.81% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | -0.06% | |
| Price / MAexp50: | -0.07% | |
| Price / MAexp100: | -0.34% |
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis ETHEREUM - ETH/USDT - 1H