ETHEREUM - ETH/USD - 1H - Technical analysis published on 01/17/2021 (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:
Slightly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 1,198.00 USD
My targets
1,150.73 USD (-3.06%)
1,064.33 USD (-10.34%)
My analysis
ETHEREUM - ETH/USD is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 1,198.00 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 1,150.73 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 1,064.33 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 986.45 USD. Beware of a possible return to above the resistance located at 1,198.00 USD which would be a sign of a correction of the short-term bearish excesses registered.
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
4.1
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Additional analysis
Quotes
The ETHEREUM - ETH/USD rating is 1,187.04 USD. On the day, this instrument lost -3.34% with the lowest point at 1,166.00 USD and the highest point at 1,258.40 USD. The deviation from the price is +1.80% for the low point and -5.67% for the high point.1,166.00
1,258.40
1,187.04
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ETHEREUM - ETH/USD:
Technical
Technical analysis of this 1H chart of ETHEREUM - ETH/USD indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 986.45 | 1,064.33 | 1,150.73 | 1,187.04 | 1,198.00 | 1,280.43 | 1,350.00 |
| Change (%) | -16.90% | -10.34% | -3.06% | - | +0.92% | +7.87% | +13.73% |
| Change | -200.59 | -122.71 | -36.31 | - | +10.96 | +93.39 | +162.96 |
| Level | Minor | 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 | 1,016.09 | 1,084.06 | 1,156.08 | 1,224.05 | 1,296.07 | 1,364.04 | 1,436.06 |
| Camarilla | 1,189.61 | 1,202.45 | 1,215.28 | 1,228.11 | 1,240.94 | 1,253.78 | 1,266.61 |
| Woodie | 1,018.13 | 1,085.07 | 1,158.12 | 1,225.06 | 1,298.11 | 1,365.05 | 1,438.10 |
| Fibonacci | 1,084.06 | 1,137.53 | 1,170.57 | 1,224.05 | 1,277.52 | 1,310.56 | 1,364.04 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 540.41 | 726.70 | 977.41 | 1,163.70 | 1,414.41 | 1,600.70 | 1,851.41 |
| Camarilla | 1,107.94 | 1,147.99 | 1,188.05 | 1,228.11 | 1,268.17 | 1,308.23 | 1,348.29 |
| Woodie | 572.61 | 742.81 | 1,009.61 | 1,179.81 | 1,446.61 | 1,616.81 | 1,883.61 |
| Fibonacci | 726.70 | 893.64 | 996.77 | 1,163.70 | 1,330.64 | 1,433.77 | 1,600.70 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 38.92 | |
| MACD (12,26,9): | -6.9000 | |
| Directional Movement: | -14.28 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 1,211.53 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,239.50 | |
| Elder Ray (13): | -30.65 | |
| Super Trend (3,10): | 1,267.85 | |
| Zig ZAG (10): | 1,190.00 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 20.45 | |
| TEMA (21): | 1,196.81 | |
| Williams %R (14): | -75.61 | |
| Chande Momentum Oscillator (20): | -39.57 | |
| Repulse (5,40,3): | -0.1000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 6.27 |
| MA7: | 1,156.87 | |
| MA20: | 1,056.58 | |
| MA50: | 788.01 | |
| MA100: | 613.35 | |
| MAexp7: | 1,207.03 | |
| MAexp20: | 1,214.38 | |
| MAexp50: | 1,207.70 | |
| MAexp100: | 1,189.16 | |
| Price / MA7: | +2.61% | |
| Price / MA20: | +12.35% | |
| Price / MA50: | +50.64% | |
| Price / MA100: | +93.53% | |
| Price / MAexp7: | -1.66% | |
| Price / MAexp20: | -2.25% | |
| Price / MAexp50: | -1.71% | |
| Price / MAexp100: | -0.18% |
Quotes :
2021-01-17 10:15:34
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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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