ETHEREUM - ETH/USD - 1H - Technical analysis published on 07/01/2021 (GMT)
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- Timeframe : 1H
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- Status : NEUTRAL
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
11%
50%
39%
My opinion
Neutral between 2,097.48 USD and 2,171.28 USD
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 2,097.48 USD. The first resistance is located at 2,171.28 USD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by ETHEREUM - ETH/USD.
Technical indicators are bearish in the very shrot term and could soon allow change to a bearish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ETHEREUM - ETH/USD price is 2,123.15 USD. The price registered a decrease of -6.70% on the session and was between 2,120.33 USD and 2,276.89 USD. This implies that the price is at +0.13% from its lowest and at -6.75% from its highest.2,120.33
2,276.89
2,123.15
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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:
Technical
A technical analysis in 1H of this ETHEREUM - ETH/USD chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bearish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,886.10 | 1,979.02 | 2,097.48 | 2,123.15 | 2,244.61 | 2,517.58 | 2,872.00 |
| Change (%) | -11.17% | -6.79% | -1.21% | - | +5.72% | +18.58% | +35.27% |
| Change | -237.05 | -144.13 | -25.67 | - | +121.46 | +394.43 | +748.85 |
| Level | Intermediate | Minor | Major | - | Intermediate | Minor | Minor |
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 | 1,950.76 | 2,020.12 | 2,147.82 | 2,217.18 | 2,344.88 | 2,414.24 | 2,541.94 |
| Camarilla | 2,221.33 | 2,239.39 | 2,257.46 | 2,275.52 | 2,293.58 | 2,311.65 | 2,329.71 |
| Woodie | 1,979.93 | 2,034.71 | 2,176.99 | 2,231.77 | 2,374.05 | 2,428.83 | 2,571.11 |
| Fibonacci | 2,020.12 | 2,095.40 | 2,141.90 | 2,217.18 | 2,292.46 | 2,338.96 | 2,414.24 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,020.46 | 1,360.79 | 1,595.87 | 1,936.20 | 2,171.28 | 2,511.61 | 2,746.69 |
| Camarilla | 1,672.72 | 1,725.47 | 1,778.21 | 1,830.96 | 1,883.71 | 1,936.45 | 1,989.20 |
| Woodie | 967.85 | 1,334.48 | 1,543.26 | 1,909.89 | 2,118.67 | 2,485.30 | 2,694.08 |
| Fibonacci | 1,360.79 | 1,580.59 | 1,716.39 | 1,936.20 | 2,156.00 | 2,291.80 | 2,511.61 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 500.36 | 1,100.73 | 1,688.13 | 2,288.50 | 2,875.90 | 3,476.27 | 4,063.67 |
| Camarilla | 1,948.88 | 2,057.76 | 2,166.64 | 2,275.52 | 2,384.40 | 2,493.28 | 2,602.16 |
| Woodie | 493.87 | 1,097.49 | 1,681.64 | 2,285.26 | 2,869.41 | 3,473.03 | 4,057.18 |
| Fibonacci | 1,100.73 | 1,554.46 | 1,834.78 | 2,288.50 | 2,742.23 | 3,022.55 | 3,476.27 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 44.36 | |
| MACD (12,26,9): | 8.1300 | |
| Directional Movement: | -6.33 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 2,206.95 | |
| Parabolic SAR (0,02-0,02-0,2): | 2,277.47 | |
| Elder Ray (13): | -39.67 | |
| Super Trend (3,10): | 2,274.14 | |
| Zig ZAG (10): | 2,144.11 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 32.25 | |
| TEMA (21): | 2,198.05 | |
| Williams %R (14): | -98.72 | |
| Chande Momentum Oscillator (20): | -106.99 | |
| Repulse (5,40,3): | -3.1400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 0.59 |
| MA7: | 2,040.37 | |
| MA20: | 2,170.81 | |
| MA50: | 2,533.64 | |
| MA100: | 2,522.07 | |
| MAexp7: | 2,173.59 | |
| MAexp20: | 2,194.89 | |
| MAexp50: | 2,163.50 | |
| MAexp100: | 2,104.99 | |
| Price / MA7: | +4.06% | |
| Price / MA20: | -2.20% | |
| Price / MA50: | -16.20% | |
| Price / MA100: | -15.82% | |
| Price / MAexp7: | -2.32% | |
| Price / MAexp20: | -3.27% | |
| Price / MAexp50: | -1.87% | |
| Price / MAexp100: | +0.86% |
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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