ETHEREUM - ETH/USD - 1H - Technical analysis published on 01/17/2021 (GMT)
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- Timeframe : 1H
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
28%
22%
50%
My opinion
Bullish above 1,198.00 USD
My targets
1,280.43 USD (+5.23%)
1,350.00 USD (+10.95%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 1,198.00 USD remains possible. It is advisable to trade ETHEREUM - ETH/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 1,198.00 USD. The next bullish objective for buyers 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. PS: if there is a bearish break in the support located at 1,198.00 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
4.1
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Additional analysis
Quotes
The ETHEREUM - ETH/USD rating is 1,216.77 USD. The price is lower by -0.92% since the last closing with the lowest point at 1,213.63 USD and the highest point at 1,228.89 USD. The deviation from the price is +0.26% for the low point and -0.99% for the high point.1,213.63
1,228.89
1,216.77
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 ETHEREUM - ETH/USD in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
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:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
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 | 1,216.77 | 1,280.43 | 1,350.00 |
| Change (%) | -12.53% | -5.43% | -1.54% | - | +5.23% | +10.95% |
| Change | -152.44 | -66.04 | -18.77 | - | +63.66 | +133.23 |
| Level | Minor | Major | Minor | - | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 954.07 | 1,032.14 | 1,101.33 | 1,179.40 | 1,248.59 | 1,326.66 | 1,395.85 |
| Camarilla | 1,130.03 | 1,143.53 | 1,157.03 | 1,170.53 | 1,184.03 | 1,197.53 | 1,211.03 |
| Woodie | 949.64 | 1,029.92 | 1,096.90 | 1,177.18 | 1,244.16 | 1,324.44 | 1,391.42 |
| Fibonacci | 1,032.14 | 1,088.39 | 1,123.14 | 1,179.40 | 1,235.65 | 1,270.40 | 1,326.66 |
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): | 54.10 | |
| MACD (12,26,9): | 15.4200 | |
| Directional Movement: | -3.82 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 1,248.98 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,284.17 | |
| Elder Ray (13): | -10.39 | |
| Super Trend (3,10): | 1,186.47 | |
| Zig ZAG (10): | 1,235.63 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 46.90 | |
| TEMA (21): | 1,255.60 | |
| Williams %R (14): | -53.11 | |
| Chande Momentum Oscillator (20): | 18.61 | |
| Repulse (5,40,3): | 1.6000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1900 | |
| Courbe Coppock: | 8.32 |
| MA7: | 1,166.25 | |
| MA20: | 1,034.27 | |
| MA50: | 775.29 | |
| MA100: | 605.25 | |
| MAexp7: | 1,241.90 | |
| MAexp20: | 1,229.26 | |
| MAexp50: | 1,204.74 | |
| MAexp100: | 1,181.98 | |
| Price / MA7: | +4.33% | |
| Price / MA20: | +17.65% | |
| Price / MA50: | +56.94% | |
| Price / MA100: | +101.04% | |
| Price / MAexp7: | -2.02% | |
| Price / MAexp20: | -1.02% | |
| Price / MAexp50: | +1.00% | |
| Price / MAexp100: | +2.94% |
Quotes :
2021-01-17 00:10:01
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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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