ETHEREUM - ETH/USD - 1H - Technical analysis published on 06/28/2020 (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
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 227.63 USD
My targets
215.51 USD (-1.75%)
195.37 USD (-10.93%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ETHEREUM - ETH/USD as long as the price remains well below 227.63 USD. The sellers” bearish objective is set at 215.51 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 195.37 USD. In case of crossing, the next objective would be the support located at 173.65 USD. 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 confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.5
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This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ETHEREUM - ETH/USD rating 219.34 USD. The price is lower by -0.59% since the last closing with the lowest point at 218.42 USD and the highest point at 220.71 USD. The deviation from the price is +0.42% for the low point and -0.62% for the high point.218.42
220.71
219.34
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of ETHEREUM - ETH/USD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 11 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
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 | 138.32 | 173.65 | 215.51 | 219.34 | 227.63 | 231.10 | 234.93 |
| Change (%) | -36.94% | -20.83% | -1.75% | - | +3.78% | +5.36% | +7.11% |
| Change | -81.02 | -45.69 | -3.83 | - | +8.29 | +11.76 | +15.59 |
| Level | Minor | Minor | Major | - | Intermediate | 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 | 199.19 | 207.60 | 214.11 | 222.52 | 229.03 | 237.44 | 243.95 |
| Camarilla | 216.53 | 217.90 | 219.26 | 220.63 | 222.00 | 223.37 | 224.73 |
| Woodie | 198.25 | 207.13 | 213.17 | 222.05 | 228.09 | 236.97 | 243.01 |
| Fibonacci | 207.60 | 213.30 | 216.82 | 222.52 | 228.22 | 231.74 | 237.44 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 174.74 | 195.37 | 208.00 | 228.63 | 241.26 | 261.89 | 274.52 |
| Camarilla | 211.48 | 214.53 | 217.58 | 220.63 | 223.68 | 226.73 | 229.78 |
| Woodie | 170.74 | 193.37 | 204.00 | 226.63 | 237.26 | 259.89 | 270.52 |
| Fibonacci | 195.37 | 208.08 | 215.93 | 228.63 | 241.34 | 249.19 | 261.89 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 119.58 | 148.07 | 189.84 | 218.33 | 260.10 | 288.59 | 330.36 |
| Camarilla | 212.28 | 218.72 | 225.16 | 231.60 | 238.04 | 244.48 | 250.92 |
| Woodie | 126.21 | 151.39 | 196.47 | 221.65 | 266.73 | 291.91 | 336.99 |
| Fibonacci | 148.07 | 174.91 | 191.49 | 218.33 | 245.17 | 261.75 | 288.59 |
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): | 31.66 | |
| MACD (12,26,9): | -2.8100 | |
| Directional Movement: | -28.59 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 219.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 220.77 | |
| Elder Ray (13): | -2.79 | |
| Super Trend (3,10): | 224.83 | |
| Zig ZAG (10): | 219.20 | |
| VORTEX (21): | 0.7200 | |
| Stochastique (14,3,5): | 23.00 | |
| TEMA (21): | 218.35 | |
| Williams %R (14): | -76.15 | |
| Chande Momentum Oscillator (20): | -8.41 | |
| Repulse (5,40,3): | -0.2700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1500 | |
| Courbe Coppock: | 7.99 |
| MA7: | 231.59 | |
| MA20: | 234.26 | |
| MA50: | 222.93 | |
| MA100: | 195.57 | |
| MAexp7: | 220.13 | |
| MAexp20: | 223.19 | |
| MAexp50: | 227.01 | |
| MAexp100: | 230.08 | |
| Price / MA7: | -5.29% | |
| Price / MA20: | -6.37% | |
| Price / MA50: | -1.61% | |
| Price / MA100: | +12.15% | |
| Price / MAexp7: | -0.36% | |
| Price / MAexp20: | -1.72% | |
| Price / MAexp50: | -3.38% | |
| Price / MAexp100: | -4.67% |
Quotes :
2020-06-28 03:02:03
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Real time data
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