Post an Analysis Request an analysis AI Londinia analysis
ETHEREUM - ETH/USD
ETHEREUM - ETH/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: ETHUSD
ISIN:

ETHEREUM - ETH/USD - 1H - Technical analysis published on 05/05/2021 (GMT)

  • 130
  • 0
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 : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 3,212.37 USD
My targets
3,477.68 USD (+3.84%)
3,529.92 USD (+5.40%)
My analysis
The basic bullish trend is very strong on ETHEREUM - ETH/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 3,212.37 USD. Crossing the first resistance at 3,477.68 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 3,529.92 USD as an objective. Caution, a return to below 3,212.37 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
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.

Vincent Launay
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 3,349.21 USD. The price registered an increase of +3.30% on the session with the lowest point at 3,211.22 USD and the highest point at 3,379.74 USD. The deviation from the price is +4.30% for the low point and -0.90% for the high point.

3,211.22
3,379.74
3,349.21

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


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. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative 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



An assessment of technical indicators shows a moderate bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

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
Price


S3S2S1PriceR1
ProTrendLines 2,954.77 3,178.00 3,339.96 3,349.21 3,529.92
Change (%) -11.78% -5.11% -0.28% - +5.40%
Change -394.44 -171.21 -9.25 - +180.71
Level Minor Intermediate Minor - Major



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
Standard2,744.112,958.813,100.533,315.233,456.953,671.653,813.37
Camarilla3,144.253,176.923,209.593,242.263,274.933,307.603,340.28
Woodie2,707.632,940.573,064.053,296.993,420.473,653.413,776.89
Fibonacci2,958.813,094.963,179.073,315.233,451.383,535.493,671.65


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,634.391,899.702,423.382,688.693,212.373,477.684,001.36
Camarilla2,730.092,802.412,874.742,947.063,019.383,091.713,164.03
Woodie1,763.581,964.292,552.572,753.283,341.563,542.274,130.55
Fibonacci1,899.702,201.092,387.302,688.692,990.083,176.293,477.68


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,260.121,572.792,174.642,487.313,089.163,401.834,003.68
Camarilla2,524.992,608.822,692.652,776.482,860.312,944.143,027.97
Woodie1,404.701,645.092,319.222,559.613,233.743,474.134,148.26
Fibonacci1,572.791,922.142,137.972,487.312,836.663,052.493,401.83

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): 52.58
MACD (12,26,9): 2.4400
Directional Movement: 5.19
AROON (14): -35.71
DEMA (21): 3,327.68
Parabolic SAR (0,02-0,02-0,2): 3,185.08
Elder Ray (13): 24.92
Super Trend (3,10): 3,477.93
Zig ZAG (10): 3,345.99
VORTEX (21): 0.9200
Stochastique (14,3,5): 49.36
TEMA (21): 3,296.41
Williams %R (14): -27.51
Chande Momentum Oscillator (20): 29.66
Repulse (5,40,3): 3.5100
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 2.88
MA7: 3,066.78
MA20: 2,627.83
MA50: 2,218.63
MA100: 1,941.27
MAexp7: 3,316.23
MAexp20: 3,320.36
MAexp50: 3,274.03
MAexp100: 3,153.78
Price / MA7: +9.21%
Price / MA20: +27.45%
Price / MA50: +50.96%
Price / MA100: +72.53%
Price / MAexp7: +1.02%
Price / MAexp20: +0.89%
Price / MAexp50: +2.32%
Price / MAexp100: +6.22%

Quotes : - Real time data - Cryptocompare

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

About author

Londinia
Londinia AI

Online

Overall rating :
15111
Number of analyses :
72972
Followers :
0
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…

Add a comment

no pic

Comments

0 comments on the analysis ETHEREUM - ETH/USD - 1H

NEW !