ETHEREUM - ETH/USD
ETHEREUM - ETH/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: ETHUSD
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ETHEREUM - ETH/USD - 1H - Technical analysis published on 04/05/2021 (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 bullish
De fond: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 2,081.71 USD
My targets
2,215.87 USD (+4.86%)
2,420.98 USD (+14.57%)
My analysis
ETHEREUM - ETH/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 2,081.71 USD. The next resistance located at 2,215.87 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 2,420.98 USD. After this resistance, buyers could then target 2,697.96 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
7.5

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

Additional analysis

Quotes

The ETHEREUM - ETH/USD rating is 2,113.18 USD. The price has increased by +1.78% since the last closing with the lowest point at 2,003.55 USD and the highest point at 2,114.99 USD. The deviation from the price is +5.47% for the low point and -0.09% for the high point.

2,003.55
2,114.99
2,113.18

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of ETHEREUM - ETH/USD in 1H shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


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



In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


CCI 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

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

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 3

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



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 1,885.47 1,957.79 2,081.71 2,113.18
Change (%) -10.78% -7.35% -1.49% -
Change -227.71 -155.39 -31.47 -
Level Intermediate Major 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
Standard1,897.071,939.032,007.622,049.582,118.172,160.132,228.72
Camarilla2,045.802,055.932,066.072,076.202,086.332,096.472,106.60
Woodie1,910.381,945.692,020.932,056.242,131.482,166.792,242.03
Fibonacci1,939.031,981.262,007.352,049.582,091.812,117.902,160.13


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,251.691,456.801,733.781,938.892,215.872,420.982,697.96
Camarilla1,878.201,922.391,966.582,010.772,054.962,099.152,143.35
Woodie1,287.641,474.771,769.731,956.862,251.822,438.952,733.91
Fibonacci1,456.801,640.961,754.731,938.892,123.052,236.822,420.98


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,037.671,225.841,571.621,759.792,105.572,293.742,639.52
Camarilla1,770.561,819.511,868.461,917.401,966.352,015.292,064.24
Woodie1,116.481,265.241,650.431,799.192,184.382,333.142,718.33
Fibonacci1,225.841,429.811,555.821,759.791,963.762,089.772,293.74

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): 63.92
MACD (12,26,9): 3.1100
Directional Movement: 6.50
AROON (14): 57.14
DEMA (21): 2,056.15
Parabolic SAR (0,02-0,02-0,2): 2,015.80
Elder Ray (13): 29.70
Super Trend (3,10): 2,032.95
Zig ZAG (10): 2,087.02
VORTEX (21): 1.0300
Stochastique (14,3,5): 87.24
TEMA (21): 2,059.63
Williams %R (14): -6.11
Chande Momentum Oscillator (20): 42.02
Repulse (5,40,3): 1.9100
ROCnROLL: 1
TRIX (15,9): -0.0200
Courbe Coppock: 0.34
MA7: 2,006.82
MA20: 1,823.05
MA50: 1,759.05
MA100: 1,525.41
MAexp7: 2,067.26
MAexp20: 2,053.25
MAexp50: 2,049.69
MAexp100: 2,019.95
Price / MA7: +5.30%
Price / MA20: +15.91%
Price / MA50: +20.13%
Price / MA100: +38.53%
Price / MAexp7: +2.22%
Price / MAexp20: +2.92%
Price / MAexp50: +3.10%
Price / MAexp100: +4.62%

Quotes : 2021-04-05 14:31:50 - Real time data - Cryptocompare

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

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