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
ISIN:

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

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
39%
11%
50%
My opinion
Bullish above 3,339.96 USD
My targets
3,529.92 USD (+3.43%)
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 3,339.96 USD. Crossing the first resistance at 3,529.92 USD would be a sign of a potential new surge in the price. Caution, a return to below 3,339.96 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.

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
5.2

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

Additional analysis

Quotes

The ETHEREUM - ETH/USD price is 3,412.84 USD. The price registered an increase of +5.26% on the session and was between 3,211.22 USD and 3,415.00 USD. This implies that the price is at +6.28% from its lowest and at -0.06% from its highest.

3,211.22
3,415.00
3,412.84

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



Here is a more detailed summary of the historical variations registered by ETHEREUM - ETH/USD:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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


A technical analysis in 1H of this ETHEREUM - ETH/USD chart shows a strongly bullish trend. 82.14% 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. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



In fact, only 7 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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 3,412.84 3,529.92
Change (%) -13.42% -6.88% -2.14% - +3.43%
Change -458.07 -234.84 -72.88 - +117.08
Level Minor Intermediate Minor - Major



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
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): 47.87
MACD (12,26,9): 9.9500
Directional Movement: -2.03
AROON (14): 28.58
DEMA (21): 3,351.48
Parabolic SAR (0,02-0,02-0,2): 3,269.67
Elder Ray (13): -12.04
Super Trend (3,10): 3,477.93
Zig ZAG (10): 3,310.51
VORTEX (21): 0.9700
Stochastique (14,3,5): 53.97
TEMA (21): 3,333.63
Williams %R (14): -58.12
Chande Momentum Oscillator (20): 27.56
Repulse (5,40,3): -2.3700
ROCnROLL: -1
TRIX (15,9): 0.0200
Courbe Coppock: 2.75
MA7: 3,064.60
MA20: 2,626.57
MA50: 2,218.11
MA100: 1,940.98
MAexp7: 3,344.58
MAexp20: 3,338.16
MAexp50: 3,292.65
MAexp100: 3,177.05
Price / MA7: +11.36%
Price / MA20: +29.94%
Price / MA50: +53.86%
Price / MA100: +75.83%
Price / MAexp7: +2.04%
Price / MAexp20: +2.24%
Price / MAexp50: +3.65%
Price / MAexp100: +7.42%

Quotes : - Real time data - Cryptocompare

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

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