ETHEREUM - ETH/USD - 1H - Technical analysis published on 03/24/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bearish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1,652.27 USD
My targets
1,774.60 USD (+2.42%)
1,808.98 USD (+4.40%)
My analysis
The strong short-term increase in ETHEREUM - ETH/USD calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 1,652.27 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 1,774.60 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,808.98 USD as an objective. Crossing it would then enable buyers to target 1,868.31 USD. Caution, a return under 1,652.27 USD could jeopardize the reversal.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.2
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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 1,732.68 USD. The price registered an increase of +3.83% on the session and was traded between 1,648.70 USD and 1,740.91 USD over the period. The price is currently at +5.09% from its lowest and -0.47% from its highest.1,648.70
1,740.91
1,732.68
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
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 1H of this ETHEREUM - ETH/USD chart shows a slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,108.06 | 1,421.70 | 1,652.27 | 1,732.68 | 1,737.96 | 1,774.60 | 1,808.98 |
| Change (%) | -36.05% | -17.95% | -4.64% | - | +0.30% | +2.42% | +4.40% |
| Change | -624.62 | -310.98 | -80.41 | - | +5.28 | +41.92 | +76.30 |
| Level | Minor | Major | Intermediate | - | Minor | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,571.76 | 1,612.02 | 1,640.39 | 1,680.65 | 1,709.02 | 1,749.28 | 1,777.65 |
| Camarilla | 1,649.90 | 1,656.19 | 1,662.48 | 1,668.77 | 1,675.06 | 1,681.35 | 1,687.64 |
| Woodie | 1,565.83 | 1,609.05 | 1,634.46 | 1,677.68 | 1,703.09 | 1,746.31 | 1,771.72 |
| Fibonacci | 1,612.02 | 1,638.23 | 1,654.43 | 1,680.65 | 1,706.86 | 1,723.06 | 1,749.28 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,483.29 | 1,598.09 | 1,701.54 | 1,816.34 | 1,919.79 | 2,034.59 | 2,138.04 |
| Camarilla | 1,744.97 | 1,764.98 | 1,784.98 | 1,804.99 | 1,825.00 | 1,845.00 | 1,865.01 |
| Woodie | 1,477.62 | 1,595.25 | 1,695.87 | 1,813.50 | 1,914.12 | 2,031.75 | 2,132.37 |
| Fibonacci | 1,598.09 | 1,681.46 | 1,732.97 | 1,816.34 | 1,899.71 | 1,951.22 | 2,034.59 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -103.47 | 448.27 | 934.98 | 1,486.72 | 1,973.43 | 2,525.17 | 3,011.88 |
| Camarilla | 1,136.13 | 1,231.32 | 1,326.51 | 1,421.70 | 1,516.89 | 1,612.08 | 1,707.27 |
| Woodie | -135.98 | 432.01 | 902.48 | 1,470.46 | 1,940.93 | 2,508.91 | 2,979.38 |
| Fibonacci | 448.27 | 844.96 | 1,090.03 | 1,486.72 | 1,883.41 | 2,128.48 | 2,525.17 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 66.24 | |
| MACD (12,26,9): | 4.6500 | |
| Directional Movement: | 7.79 | |
| AROON (14): | 85.72 | |
| DEMA (21): | 1,705.90 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,669.95 | |
| Elder Ray (13): | 28.01 | |
| Super Trend (3,10): | 1,687.39 | |
| Zig ZAG (10): | 1,731.30 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 91.17 | |
| TEMA (21): | 1,720.95 | |
| Williams %R (14): | -9.91 | |
| Chande Momentum Oscillator (20): | 58.25 | |
| Repulse (5,40,3): | 0.9400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 4.77 |
| MA7: | 1,751.37 | |
| MA20: | 1,772.82 | |
| MA50: | 1,727.55 | |
| MA100: | 1,376.90 | |
| MAexp7: | 1,716.24 | |
| MAexp20: | 1,697.52 | |
| MAexp50: | 1,709.10 | |
| MAexp100: | 1,735.79 | |
| Price / MA7: | -1.07% | |
| Price / MA20: | -2.26% | |
| Price / MA50: | +0.30% | |
| Price / MA100: | +25.84% | |
| Price / MAexp7: | +0.96% | |
| Price / MAexp20: | +2.07% | |
| Price / MAexp50: | +1.38% | |
| Price / MAexp100: | -0.18% |
Quotes :
2021-03-24 13:30:13
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Real time data
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