ETHEREUM - ETH/USD - 1H - Technical analysis published on 07/30/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Neutral
Technical indicators
33%
22%
44%
My opinion
Bearish under 325.39 USD
My targets
306.05 USD (-3.69%)
285.66 USD (-10.10%)
My analysis
The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for ETHEREUM - ETH/USD as long as the price remains well below 325.39 USD. The sellers” bearish objective is set at 306.05 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 285.66 USD. If there is any crossing, the next objective would be the support located at 268.54 USD.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
1.4
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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
ETHEREUM - ETH/USD rating 317.77 USD. The price registered a decrease of -0.08% on the session and was between 315.10 USD and 320.31 USD. This implies that the price is at +0.85% from its lowest and at -0.79% from its highest.315.10
320.31
317.77
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ETHEREUM - ETH/USD:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ETHEREUM - ETH/USD indicates that the overall trend is not clearly defined. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
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:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
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 several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 268.54 | 285.66 | 306.05 | 317.77 | 325.39 | 334.17 | 499.06 |
| Change (%) | -15.49% | -10.10% | -3.69% | - | +2.40% | +5.16% | +57.05% |
| Change | -49.23 | -32.11 | -11.72 | - | +7.62 | +16.40 | +181.29 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 300.01 | 306.58 | 312.29 | 318.86 | 324.57 | 331.14 | 336.85 |
| Camarilla | 314.63 | 315.76 | 316.88 | 318.01 | 319.14 | 320.26 | 321.39 |
| Woodie | 299.59 | 306.37 | 311.87 | 318.65 | 324.15 | 330.93 | 336.43 |
| Fibonacci | 306.58 | 311.27 | 314.17 | 318.86 | 323.55 | 326.45 | 331.14 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 180.22 | 206.82 | 256.34 | 282.94 | 332.46 | 359.06 | 408.58 |
| Camarilla | 284.94 | 291.92 | 298.89 | 305.87 | 312.85 | 319.83 | 326.80 |
| Woodie | 191.69 | 212.55 | 267.81 | 288.67 | 343.93 | 364.79 | 420.05 |
| Fibonacci | 206.82 | 235.90 | 253.86 | 282.94 | 312.02 | 329.98 | 359.06 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 172.75 | 194.38 | 210.05 | 231.68 | 247.35 | 268.98 | 284.65 |
| Camarilla | 215.47 | 218.89 | 222.31 | 225.73 | 229.15 | 232.57 | 235.99 |
| Woodie | 169.78 | 192.89 | 207.08 | 230.19 | 244.38 | 267.49 | 281.68 |
| Fibonacci | 194.38 | 208.63 | 217.43 | 231.68 | 245.93 | 254.73 | 268.98 |
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): | 47.55 | |
| MACD (12,26,9): | -0.5000 | |
| Directional Movement: | -7.11 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 318.14 | |
| Parabolic SAR (0,02-0,02-0,2): | 315.37 | |
| Elder Ray (13): | -0.10 | |
| Super Trend (3,10): | 314.59 | |
| Zig ZAG (10): | 317.77 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 59.76 | |
| TEMA (21): | 317.71 | |
| Williams %R (14): | -52.02 | |
| Chande Momentum Oscillator (20): | 1.28 | |
| Repulse (5,40,3): | -0.0400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 0.76 |
| MA7: | 310.41 | |
| MA20: | 266.91 | |
| MA50: | 246.49 | |
| MA100: | 229.60 | |
| MAexp7: | 318.16 | |
| MAexp20: | 318.76 | |
| MAexp50: | 318.79 | |
| MAexp100: | 314.22 | |
| Price / MA7: | +2.37% | |
| Price / MA20: | +19.06% | |
| Price / MA50: | +28.92% | |
| Price / MA100: | +38.40% | |
| Price / MAexp7: | -0.12% | |
| Price / MAexp20: | -0.31% | |
| Price / MAexp50: | -0.32% | |
| Price / MAexp100: | +1.13% |
Quotes :
2020-07-30 15:16:00
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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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