ETHEREUM - ETH/USD
ETHEREUM - ETH/USD
- USD (-)
- Real time data - Cryptocompare
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Change: -
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Type: Cryptocurrencies
Ticker: ETHUSD
ISIN:

ETHEREUM - ETH/USD - 1H - Technical analysis published on 03/24/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 1,652.27 USD
My targets
1,483.29 USD (-8.49%)
1,421.70 USD (-12.29%)
My analysis
ETHEREUM - ETH/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1,652.27 USD. The next support located at 1,483.29 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1,421.70 USD. Below this support, sellers could then target 1,108.06 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7.1

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 AKOUSA. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The ETHEREUM - ETH/USD rating is 1,620.96 USD. On the day, this instrument lost -2.87% and was between 1,581.00 USD and 1,740.91 USD. This implies that the price is at +2.53% from its lowest and at -6.89% from its highest.

1,581.00
1,740.91
1,620.96

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

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 sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 2 are neutral and 12 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -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 oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

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


MACD indicator is back under 0

Type : Bearish

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


S3S2S1PriceR1R2R3
ProTrendLines 614.19 1,108.06 1,421.70 1,620.96 1,652.27 1,737.96 1,774.60
Change (%) -62.11% -31.64% -12.29% - +1.93% +7.22% +9.48%
Change -1,006.77 -512.90 -199.26 - +31.31 +117.00 +153.64
Level Minor Minor Major - Intermediate Minor 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
Standard1,571.761,612.021,640.391,680.651,709.021,749.281,777.65
Camarilla1,649.901,656.191,662.481,668.771,675.061,681.351,687.64
Woodie1,565.831,609.051,634.461,677.681,703.091,746.311,771.72
Fibonacci1,612.021,638.231,654.431,680.651,706.861,723.061,749.28


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,483.291,598.091,701.541,816.341,919.792,034.592,138.04
Camarilla1,744.971,764.981,784.981,804.991,825.001,845.001,865.01
Woodie1,477.621,595.251,695.871,813.501,914.122,031.752,132.37
Fibonacci1,598.091,681.461,732.971,816.341,899.711,951.222,034.59


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-103.47448.27934.981,486.721,973.432,525.173,011.88
Camarilla1,136.131,231.321,326.511,421.701,516.891,612.081,707.27
Woodie-135.98432.01902.481,470.461,940.932,508.912,979.38
Fibonacci448.27844.961,090.031,486.721,883.412,128.482,525.17

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): 21.52
MACD (12,26,9): -12.0800
Directional Movement: -36.13
AROON (14): -57.14
DEMA (21): 1,671.80
Parabolic SAR (0,02-0,02-0,2): 1,734.76
Elder Ray (13): -68.40
Super Trend (3,10): 1,682.73
Zig ZAG (10): 1,596.06
VORTEX (21): 0.8000
Stochastique (14,3,5): 9.99
TEMA (21): 1,669.95
Williams %R (14): -83.55
Chande Momentum Oscillator (20): -103.54
Repulse (5,40,3): -4.0600
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 1.00
MA7: 1,735.74
MA20: 1,766.28
MA50: 1,724.89
MA100: 1,375.56
MAexp7: 1,667.23
MAexp20: 1,683.59
MAexp50: 1,700.76
MAexp100: 1,727.42
Price / MA7: -6.61%
Price / MA20: -8.23%
Price / MA50: -6.03%
Price / MA100: +17.84%
Price / MAexp7: -2.78%
Price / MAexp20: -3.72%
Price / MAexp50: -4.69%
Price / MAexp100: -6.16%

Quotes : 2021-03-24 20:56:53 - Real time data - Cryptocompare

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

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