ETHEREUM - ETH/USD
ETHEREUM - ETH/USD
- USD (-)
- Real time data - Cryptocompare
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Type: Cryptocurrencies
Ticker: ETHUSD
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ETHEREUM - ETH/USD - 15 min. - Technical analysis published on 08/05/2021 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
39%
28%
33%
My opinion
Bullish above 2,685.95 USD
My targets
2,843.21 USD (+0.70%)
2,961.29 USD (+4.89%)
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 2,685.95 USD. Crossing the first resistance at 2,843.21 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 2,961.29 USD as an objective. Crossing it would then enable buyers to target 3,152.75 USD. Caution, a return to below 2,685.95 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 not called into question, despite technical indicators being indecisive.
Force
0
10
5.7

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This analysis was given by shravanvuppala. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The ETHEREUM - ETH/USD price is 2,823.35 USD. The price has increased by +3.60% since the last closing and was traded between 2,533.78 USD and 2,843.72 USD over the period. The price is currently at +11.43% from its lowest and -0.72% from its highest.

2,533.78
2,843.72
2,823.35

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


A technical analysis in 15 min. of this ETHEREUM - ETH/USD chart shows a strongly 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 a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 15 minutes



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 15 minutes



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Resistance of triangle is broken

Type : Bullish

Timeframe : 15 minutes


Horizontal support is broken

Type : Bearish

Timeframe : 15 minutes



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 2,449.31 2,538.87 2,698.19 2,823.35 2,872.00 4,176.00
Change (%) -13.25% -10.08% -4.43% - +1.72% +47.91%
Change -374.04 -284.48 -125.16 - +48.65 +1,352.65
Level Intermediate Intermediate Minor - 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
Standard2,224.132,342.212,533.672,651.752,843.212,961.293,152.75
Camarilla2,640.012,668.382,696.762,725.132,753.512,781.882,810.25
Woodie2,260.822,360.562,570.362,670.102,879.902,979.643,189.44
Fibonacci2,342.212,460.452,533.512,651.752,769.992,843.052,961.29


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,798.071,953.652,242.012,397.592,685.952,841.533,129.89
Camarilla2,408.302,448.992,489.692,530.382,571.082,611.772,652.46
Woodie1,864.471,986.852,308.412,430.792,752.352,874.733,196.29
Fibonacci1,953.652,123.232,228.002,397.592,567.172,671.942,841.53


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,147.511,433.191,981.792,267.472,816.073,101.753,650.35
Camarilla2,300.952,377.432,453.902,530.382,606.862,683.332,759.81
Woodie1,278.961,498.922,113.242,333.202,947.523,167.483,781.80
Fibonacci1,433.191,751.891,948.782,267.472,586.172,783.063,101.75

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): 57.45
MACD (12,26,9): 16.2700
Directional Movement: 4.72
AROON (14): 50.00
DEMA (21): 2,831.60
Parabolic SAR (0,02-0,02-0,2): 2,843.01
Elder Ray (13): -0.48
Super Trend (3,10): 2,771.39
Zig ZAG (10): 2,818.34
VORTEX (21): 1.0400
Stochastique (14,3,5): 47.35
TEMA (21): 2,824.10
Williams %R (14): -43.24
Chande Momentum Oscillator (20): 16.39
Repulse (5,40,3): 0.0600
ROCnROLL: 1
TRIX (15,9): 0.1000
Courbe Coppock: 0.86
MA7: 2,602.44
MA20: 2,266.62
MA50: 2,162.94
MA100: 2,549.28
MAexp7: 2,820.96
MAexp20: 2,807.60
MAexp50: 2,769.01
MAexp100: 2,725.54
Price / MA7: +8.49%
Price / MA20: +24.56%
Price / MA50: +30.53%
Price / MA100: +10.75%
Price / MAexp7: +0.08%
Price / MAexp20: +0.56%
Price / MAexp50: +1.96%
Price / MAexp100: +3.59%

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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