ETHEREUM - ETH/USD - 1H - Technical analysis published on 03/26/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bearish
Technical indicators
78%
0%
22%
My opinion
Bullish above 1,620.46 USD
My targets
1,701.54 USD (+3.44%)
1,739.56 USD (+5.75%)
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 1,620.46 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 1,701.54 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,739.56 USD as an objective. Crossing it would then enable buyers to target 1,774.60 USD. Caution, a return under 1,620.46 USD could jeopardize the reversal.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
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 1,645.01 USD. The price registered an increase of +3.68% on the session and was between 1,586.77 USD and 1,649.21 USD. This implies that the price is at +3.67% from its lowest and at -0.25% from its highest.1,586.77
1,649.21
1,645.01
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:
Technical
A technical analysis in 1H of this ETHEREUM - ETH/USD chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
MACD 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 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
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
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,421.70 | 1,546.80 | 1,620.46 | 1,645.01 | 1,650.48 | 1,739.56 | 1,774.60 |
| Change (%) | -13.57% | -5.97% | -1.49% | - | +0.33% | +5.75% | +7.88% |
| Change | -223.31 | -98.21 | -24.55 | - | +5.47 | +94.55 | +129.59 |
| Level | Major | Minor | Intermediate | - | Minor | Major | Minor |
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 | 1,480.02 | 1,515.01 | 1,550.84 | 1,585.83 | 1,621.66 | 1,656.65 | 1,692.48 |
| Camarilla | 1,567.20 | 1,573.69 | 1,580.18 | 1,586.67 | 1,593.16 | 1,599.65 | 1,606.15 |
| Woodie | 1,480.44 | 1,515.22 | 1,551.26 | 1,586.04 | 1,622.08 | 1,656.86 | 1,692.90 |
| Fibonacci | 1,515.01 | 1,542.06 | 1,558.78 | 1,585.83 | 1,612.88 | 1,629.60 | 1,656.65 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.95 | |
| MACD (12,26,9): | 4.8000 | |
| Directional Movement: | 3.20 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 1,622.97 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,612.51 | |
| Elder Ray (13): | 12.44 | |
| Super Trend (3,10): | 1,647.41 | |
| Zig ZAG (10): | 1,630.19 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 76.45 | |
| TEMA (21): | 1,632.90 | |
| Williams %R (14): | -16.71 | |
| Chande Momentum Oscillator (20): | 4.27 | |
| Repulse (5,40,3): | 0.4800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 3.12 |
| MA7: | 1,678.16 | |
| MA20: | 1,767.73 | |
| MA50: | 1,723.86 | |
| MA100: | 1,395.44 | |
| MAexp7: | 1,627.60 | |
| MAexp20: | 1,619.69 | |
| MAexp50: | 1,627.06 | |
| MAexp100: | 1,658.02 | |
| Price / MA7: | -1.98% | |
| Price / MA20: | -6.94% | |
| Price / MA50: | -4.57% | |
| Price / MA100: | +17.88% | |
| Price / MAexp7: | +1.07% | |
| Price / MAexp20: | +1.56% | |
| Price / MAexp50: | +1.10% | |
| Price / MAexp100: | -0.78% |
Quotes :
2021-03-26 13:49:48
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Real time data
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