ETHEREUM - ETH/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	ETHUSD
ISIN:

ETHEREUM - ETH/USD - Daily - Technical analysis published on 02/27/2021 (GMT)

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Neutral

De fond: Bullish

Technical indicators

22%

39%

My opinion

Bullish above 1,385.62 USD

My targets

1,620.50 USD (+6.59%)

1,777.33 USD (+16.90%)

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 1,385.62 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 1,385.62 USD. The next bullish objective for buyers is set at 1,620.50 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,777.33 USD. If there is any crossing, the next objective would be the resistance located at 1,957.79 USD. PS: if there is a bearish break in the support located at 1,385.62 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

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Alexjuice. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ETHEREUM - ETH/USD price is 1,520.34 USD. The price has increased by +5.13% since the last closing and was between 1,439.30 USD and 1,526.98 USD. This implies that the price is at +5.63% from its lowest and at -0.43% from its highest.

1,439.30

1,526.98

1,520.34

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:

Technical

A technical analysis in Daily of this ETHEREUM - ETH/USD chart shows a bullish trend. 71.43% 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 7 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

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 support is broken

Type : Bearish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	614.19	1,108.06	1,385.62	1,520.34	1,777.33	1,957.79
Change (%)	-59.60%	-27.12%	-8.86%	-	+16.90%	+28.77%
Change	-906.15	-412.28	-134.72	-	+256.99	+437.45
Level	Minor	Minor	Major	-	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	1,215.00	1,308.00	1,377.07	1,470.07	1,539.14	1,632.14	1,701.21
Camarilla	1,401.57	1,416.43	1,431.28	1,446.14	1,461.00	1,475.85	1,490.71
Woodie	1,203.04	1,302.02	1,365.11	1,464.09	1,527.18	1,626.16	1,689.25
Fibonacci	1,308.00	1,369.91	1,408.16	1,470.07	1,531.98	1,570.23	1,632.14

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,377.66	1,534.34	1,725.10	1,881.78	2,072.54	2,229.22	2,419.98
Camarilla	1,820.32	1,852.17	1,884.02	1,915.87	1,947.72	1,979.57	2,011.42
Woodie	1,394.71	1,542.86	1,742.15	1,890.30	2,089.59	2,237.74	2,437.03
Fibonacci	1,534.34	1,667.06	1,749.05	1,881.78	2,014.50	2,096.50	2,229.22

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	104.52	410.76	862.51	1,168.75	1,620.50	1,926.74	2,378.49
Camarilla	1,105.81	1,175.30	1,244.78	1,314.26	1,383.74	1,453.23	1,522.71
Woodie	177.28	447.14	935.27	1,205.13	1,693.26	1,963.12	2,451.25
Fibonacci	410.76	700.31	879.20	1,168.75	1,458.30	1,637.19	1,926.74

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):	42.57
MACD (12,26,9):	11.0500
Directional Movement:	-24.67
AROON (14):	-14.29
DEMA (21):	1,716.89
Parabolic SAR (0,02-0,02-0,2):	1,929.21
Elder Ray (13):	-180.93
Super Trend (3,10):	2,115.35
Zig ZAG (10):	1,501.99
VORTEX (21):	0.9500
Stochastique (14,3,5):	50.60
TEMA (21):	1,608.35
Williams %R (14):	-46.91
Chande Momentum Oscillator (20):	-272.23
Repulse (5,40,3):	-1.8700
ROCnROLL:	-1
TRIX (15,9):	0.7700
Courbe Coppock:	17.37

MA7:	1,621.33
MA20:	1,754.52
MA50:	1,504.77
MA100:	1,090.00
MAexp7:	1,593.74
MAexp20:	1,663.45
MAexp50:	1,488.55
MAexp100:	1,206.84
Price / MA7:	-6.23%
Price / MA20:	-13.35%
Price / MA50:	+1.03%
Price / MA100:	+39.48%
Price / MAexp7:	-4.61%
Price / MAexp20:	-8.60%
Price / MAexp50:	+2.14%
Price / MAexp100:	+25.98%

Quotes : 2021-02-27 06:52:12 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

Online

Overall rating :

15106

Number of analyses :

72419

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…