ETHEREUM - ETH/USD - 1H - Technical analysis published on 05/05/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 3,339.96 USD
My targets
3,529.92 USD (+1.39%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ETHEREUM - ETH/USD as long as the price remains well above 3,339.96 USD. The buyers” bullish objective is set at 3,529.92 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
9.1
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Additional analysis
Quotes
The ETHEREUM - ETH/USD rating is 3,481.61 USD. The price registered an increase of +7.38% on the session and was traded between 3,211.22 USD and 3,485.18 USD over the period. The price is currently at +8.42% from its lowest and -0.10% from its highest.3,211.22
3,485.18
3,481.61
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:
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. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 17 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 2,954.77 | 3,178.00 | 3,339.96 | 3,481.61 | 3,529.92 |
| Change (%) | -15.13% | -8.72% | -4.07% | - | +1.39% |
| Change | -526.84 | -303.61 | -141.65 | - | +48.31 |
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 2,744.11 | 2,958.81 | 3,100.53 | 3,315.23 | 3,456.95 | 3,671.65 | 3,813.37 |
| Camarilla | 3,144.25 | 3,176.92 | 3,209.59 | 3,242.26 | 3,274.93 | 3,307.60 | 3,340.28 |
| Woodie | 2,707.63 | 2,940.57 | 3,064.05 | 3,296.99 | 3,420.47 | 3,653.41 | 3,776.89 |
| Fibonacci | 2,958.81 | 3,094.96 | 3,179.07 | 3,315.23 | 3,451.38 | 3,535.49 | 3,671.65 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,634.39 | 1,899.70 | 2,423.38 | 2,688.69 | 3,212.37 | 3,477.68 | 4,001.36 |
| Camarilla | 2,730.09 | 2,802.41 | 2,874.74 | 2,947.06 | 3,019.38 | 3,091.71 | 3,164.03 |
| Woodie | 1,763.58 | 1,964.29 | 2,552.57 | 2,753.28 | 3,341.56 | 3,542.27 | 4,130.55 |
| Fibonacci | 1,899.70 | 2,201.09 | 2,387.30 | 2,688.69 | 2,990.08 | 3,176.29 | 3,477.68 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,260.12 | 1,572.79 | 2,174.64 | 2,487.31 | 3,089.16 | 3,401.83 | 4,003.68 |
| Camarilla | 2,524.99 | 2,608.82 | 2,692.65 | 2,776.48 | 2,860.31 | 2,944.14 | 3,027.97 |
| Woodie | 1,404.70 | 1,645.09 | 2,319.22 | 2,559.61 | 3,233.74 | 3,474.13 | 4,148.26 |
| Fibonacci | 1,572.79 | 1,922.14 | 2,137.97 | 2,487.31 | 2,836.66 | 3,052.49 | 3,401.83 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 58.69 | |
| MACD (12,26,9): | 26.1300 | |
| Directional Movement: | 10.90 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 3,400.49 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,303.71 | |
| Elder Ray (13): | 57.25 | |
| Super Trend (3,10): | 3,477.93 | |
| Zig ZAG (10): | 3,455.85 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 86.15 | |
| TEMA (21): | 3,412.49 | |
| Williams %R (14): | -2.55 | |
| Chande Momentum Oscillator (20): | 135.24 | |
| Repulse (5,40,3): | 3.2000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 6.23 |
| MA7: | 3,084.62 | |
| MA20: | 2,632.78 | |
| MA50: | 2,220.74 | |
| MA100: | 1,942.28 | |
| MAexp7: | 3,404.41 | |
| MAexp20: | 3,367.78 | |
| MAexp50: | 3,312.81 | |
| MAexp100: | 3,196.76 | |
| Price / MA7: | +12.87% | |
| Price / MA20: | +32.24% | |
| Price / MA50: | +56.78% | |
| Price / MA100: | +79.25% | |
| Price / MAexp7: | +2.27% | |
| Price / MAexp20: | +3.38% | |
| Price / MAexp50: | +5.10% | |
| Price / MAexp100: | +8.91% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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