ETHEREUM - ETH/USD - 1H - Technical analysis published on 01/16/2021 (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:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1,198.00 USD
My targets
1,280.43 USD (+0.99%)
1,350.00 USD (+6.47%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ETHEREUM - ETH/USD as long as the price remains well above 1,198.00 USD. The buyers” bullish objective is set at 1,280.43 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,350.00 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9
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This analysis was given by apjha. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ETHEREUM - ETH/USD price is 1,267.92 USD. The price has increased by +8.32% since the last closing with the lowest point at 1,152.02 USD and the highest point at 1,292.01 USD. The deviation from the price is +10.06% for the low point and -1.86% for the high point.1,152.02
1,292.01
1,267.92
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ETHEREUM - ETH/USD chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 16 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 1,064.33 | 1,150.73 | 1,198.00 | 1,267.92 | 1,280.43 | 1,350.00 |
| Change (%) | -16.06% | -9.24% | -5.51% | - | +0.99% | +6.47% |
| Change | -203.59 | -117.19 | -69.92 | - | +12.51 | +82.08 |
| Level | Minor | Major | Minor | - | 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 | 879.92 | 972.82 | 1,071.67 | 1,164.57 | 1,263.42 | 1,356.32 | 1,455.17 |
| Camarilla | 1,117.80 | 1,135.38 | 1,152.95 | 1,170.53 | 1,188.11 | 1,205.68 | 1,223.26 |
| Woodie | 882.91 | 974.31 | 1,074.66 | 1,166.06 | 1,266.41 | 1,357.81 | 1,458.16 |
| Fibonacci | 972.82 | 1,046.07 | 1,091.32 | 1,164.57 | 1,237.82 | 1,283.07 | 1,356.32 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 393.44 | 581.46 | 930.95 | 1,118.97 | 1,468.46 | 1,656.48 | 2,005.97 |
| Camarilla | 1,132.62 | 1,181.89 | 1,231.16 | 1,280.43 | 1,329.70 | 1,378.97 | 1,428.25 |
| Woodie | 474.17 | 621.83 | 1,011.68 | 1,159.34 | 1,549.19 | 1,696.85 | 2,086.70 |
| Fibonacci | 581.46 | 786.79 | 913.65 | 1,118.97 | 1,324.30 | 1,451.16 | 1,656.48 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 364.28 | 447.14 | 592.28 | 675.14 | 820.28 | 903.14 | 1,048.28 |
| Camarilla | 674.72 | 695.62 | 716.52 | 737.42 | 758.32 | 779.22 | 800.12 |
| Woodie | 395.42 | 462.71 | 623.42 | 690.71 | 851.42 | 918.71 | 1,079.42 |
| Fibonacci | 447.14 | 534.24 | 588.04 | 675.14 | 762.24 | 816.04 | 903.14 |
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): | 73.98 | |
| MACD (12,26,9): | 21.1000 | |
| Directional Movement: | 12.64 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 1,235.53 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,180.80 | |
| Elder Ray (13): | 55.15 | |
| Super Trend (3,10): | 1,198.91 | |
| Zig ZAG (10): | 1,277.38 | |
| VORTEX (21): | 1.3000 | |
| Stochastique (14,3,5): | 92.73 | |
| TEMA (21): | 1,249.94 | |
| Williams %R (14): | -17.27 | |
| Chande Momentum Oscillator (20): | 82.97 | |
| Repulse (5,40,3): | 1.4400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 11.97 |
| MA7: | 1,171.11 | |
| MA20: | 1,036.90 | |
| MA50: | 776.29 | |
| MA100: | 605.75 | |
| MAexp7: | 1,242.84 | |
| MAexp20: | 1,214.48 | |
| MAexp50: | 1,192.12 | |
| MAexp100: | 1,172.92 | |
| Price / MA7: | +8.27% | |
| Price / MA20: | +22.28% | |
| Price / MA50: | +63.33% | |
| Price / MA100: | +109.31% | |
| Price / MAexp7: | +2.02% | |
| Price / MAexp20: | +4.40% | |
| Price / MAexp50: | +6.36% | |
| Price / MAexp100: | +8.10% |
Quotes :
2021-01-16 16:46:06
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Real time data
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Cryptocompare
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