ETHEREUM - ETH/USD

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- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	ETHUSD
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ETHEREUM - ETH/USD - Weekly - Technical analysis published on 08/25/2021 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 2,267.47 USD

My targets

4,176.00 USD (+28.60%)

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 2,267.47 USD. The buyers' bullish objective is set at 4,176.00 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.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.2

Comment on the analysis

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 AKOUSA. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ETHEREUM - ETH/USD rating is 3,247.37 USD. The price is up +1.94% over 5 days and was traded between 3,131.26 USD and 3,380.80 USD over the period. The price is currently at +3.71% from its lowest point and -3.95% from its highest point.

3,131.26

3,380.80

3,247.37

Here is a more detailed summary of the historical variations registered by ETHEREUM - ETH/USD:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of ETHEREUM - ETH/USD in Weekly shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Weekly

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Weekly

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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 bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish harami

Type : Bearish

Timeframe : Weekly

ProTrendLines

Price

	S2	S1	Price	R1
ProTrendLines	331.26	1,790.53	3,247.37	4,176.00
Change (%)	-89.80%	-44.86%	-	+28.60%
Change	-2,916.11	-1,456.84	-	+928.63
Level	Minor	Major	-	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
Standard	2,886.24	3,018.12	3,095.94	3,227.82	3,305.64	3,437.52	3,515.34
Camarilla	3,116.09	3,135.32	3,154.54	3,173.76	3,192.98	3,212.21	3,231.43
Woodie	2,859.21	3,004.61	3,068.91	3,214.31	3,278.61	3,424.01	3,488.31
Fibonacci	3,018.12	3,098.23	3,147.72	3,227.82	3,307.93	3,357.42	3,437.52

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,625.31	2,788.74	3,007.70	3,171.13	3,390.09	3,553.52	3,772.48
Camarilla	3,121.50	3,156.56	3,191.61	3,226.66	3,261.71	3,296.77	3,331.82
Woodie	2,653.08	2,802.62	3,035.47	3,185.01	3,417.86	3,567.40	3,800.25
Fibonacci	2,788.74	2,934.81	3,025.06	3,171.13	3,317.20	3,407.45	3,553.52

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,147.51	1,433.19	1,981.79	2,267.47	2,816.07	3,101.75	3,650.35
Camarilla	2,300.95	2,377.43	2,453.90	2,530.38	2,606.86	2,683.33	2,759.81
Woodie	1,278.96	1,498.92	2,113.24	2,333.20	2,947.52	3,167.48	3,781.80
Fibonacci	1,433.19	1,751.89	1,948.78	2,267.47	2,586.17	2,783.06	3,101.75

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):	63.07
MACD (12,26,9):	358.6600
Directional Movement:	8.43
AROON (14):	-35.71
DEMA (21):	2,996.84
Parabolic SAR (0,02-0,02-0,2):	1,797.75
Elder Ray (13):	525.94
Super Trend (3,10):	3,705.80
Zig ZAG (10):	3,236.53
VORTEX (21):	1.1000
Stochastique (14,3,5):	73.32
TEMA (21):	3,023.81
Williams %R (14):	-8.47
Chande Momentum Oscillator (20):	610.01
Repulse (5,40,3):	19.0800
ROCnROLL:	1
TRIX (15,9):	2.3500
Courbe Coppock:	16.60

MA7:	3,238.42
MA20:	3,166.57
MA50:	2,585.47
MA100:	2,488.23
MAexp7:	2,920.23
MAexp20:	2,522.33
MAexp50:	1,877.37
MAexp100:	1,300.89
Price / MA7:	+0.28%
Price / MA20:	+2.55%
Price / MA50:	+25.60%
Price / MA100:	+30.51%
Price / MAexp7:	+11.21%
Price / MAexp20:	+28.75%
Price / MAexp50:	+72.98%
Price / MAexp100:	+149.63%

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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