ETHEREUM - ETH/USD - 1H - Technical analysis published on 05/13/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 3,983.67 USD
My targets
3,614.18 USD (-6.35%)
3,358.00 USD (-12.99%)
My analysis
The strong short-term decline of ETHEREUM - ETH/USD reinforces the current slightly bearish trend. As long as the price remains below 3,983.67 USD, you could take advantage of this bearish acceleration. The first bearish objective is located at 3,614.18 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 3,358.00 USD as an objective. Crossing it would then enable sellers to target 3,224.86 USD. A return to above 3,983.67 USD would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
3.6
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Additional analysis
Quotes
The ETHEREUM - ETH/USD price is 3,859.40 USD. The price has increased by +0.91% since the last closing with the lowest point at 3,576.73 USD and the highest point at 3,894.99 USD. The deviation from the price is +7.90% for the low point and -0.91% for the high point.3,576.73
3,894.99
3,859.40
Here is a more detailed summary of the historical variations registered by ETHEREUM - ETH/USD:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ETHEREUM - ETH/USD chart shows a slightly bearish trend. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Long white line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 3,224.86 | 3,358.00 | 3,614.18 | 3,859.40 | 3,983.67 | 4,212.46 |
| Change (%) | -16.44% | -12.99% | -6.35% | - | +3.22% | +9.15% |
| Change | -634.54 | -501.40 | -245.22 | - | +124.27 | +353.06 |
| Level | Minor | Minor | Major | - | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 2,959.90 | 3,354.95 | 3,589.87 | 3,984.92 | 4,219.84 | 4,614.89 | 4,849.81 |
| Camarilla | 3,651.55 | 3,709.30 | 3,767.04 | 3,824.79 | 3,882.54 | 3,940.29 | 3,998.03 |
| Woodie | 2,879.84 | 3,314.92 | 3,509.81 | 3,944.89 | 4,139.78 | 4,574.86 | 4,769.75 |
| Fibonacci | 3,354.95 | 3,595.60 | 3,744.27 | 3,984.92 | 4,225.57 | 4,374.24 | 4,614.89 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,093.73 | 2,475.87 | 3,194.93 | 3,577.07 | 4,296.13 | 4,678.27 | 5,397.33 |
| Camarilla | 3,611.17 | 3,712.11 | 3,813.06 | 3,914.00 | 4,014.94 | 4,115.89 | 4,216.83 |
| Woodie | 2,262.20 | 2,560.10 | 3,363.40 | 3,661.30 | 4,464.60 | 4,762.50 | 5,565.80 |
| Fibonacci | 2,475.87 | 2,896.53 | 3,156.41 | 3,577.07 | 3,997.73 | 4,257.61 | 4,678.27 |
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): | 40.02 | |
| MACD (12,26,9): | -15.1700 | |
| Directional Movement: | -17.50 | |
| AROON (14): | -35.72 | |
| DEMA (21): | 4,158.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 4,244.47 | |
| Elder Ray (13): | -66.20 | |
| Super Trend (3,10): | 4,312.66 | |
| Zig ZAG (10): | 3,983.73 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 38.11 | |
| TEMA (21): | 4,083.88 | |
| Williams %R (14): | -98.21 | |
| Chande Momentum Oscillator (20): | -420.54 | |
| Repulse (5,40,3): | -7.4500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 10.40 |
| MA7: | 3,835.23 | |
| MA20: | 3,171.48 | |
| MA50: | 2,514.14 | |
| MA100: | 2,118.82 | |
| MAexp7: | 3,934.80 | |
| MAexp20: | 4,166.07 | |
| MAexp50: | 4,127.13 | |
| MAexp100: | 4,016.18 | |
| Price / MA7: | +0.63% | |
| Price / MA20: | +21.69% | |
| Price / MA50: | +53.51% | |
| Price / MA100: | +82.15% | |
| Price / MAexp7: | -1.92% | |
| Price / MAexp20: | -7.36% | |
| Price / MAexp50: | -6.49% | |
| Price / MAexp100: | -3.90% |
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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