ETHEREUM - ETH/USD - 1H - Technical analysis published on 12/09/2021 (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 bearish
Underlying:
Slightly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 4,414.71 USD
My targets
4,256.72 USD (-0.75%)
3,952.52 USD (-7.84%)
My analysis
ETHEREUM - ETH/USD is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 4,414.71 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 4,256.72 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 3,952.52 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 3,323.33 USD. Beware of a possible return to above the resistance located at 4,414.71 USD which would be a sign of a correction of the short-term bearish excesses registered.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.8
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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 rating is 4,288.70 USD. The price registered a decrease of -3.40% on the session with the lowest point at 4,270.86 USD and the highest point at 4,490.87 USD. The deviation from the price is +0.42% for the low point and -4.50% for the high point.4,270.86
4,490.87
4,288.70
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this ETHEREUM - ETH/USD chart shows a slightly bearish trend. Only 57.14% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
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 | 3,323.33 | 3,952.52 | 4,256.72 | 4,288.70 | 4,414.71 | 4,657.57 | 4,811.25 |
| Change (%) | -22.51% | -7.84% | -0.75% | - | +2.94% | +8.60% | +12.18% |
| Change | -965.37 | -336.18 | -31.98 | - | +126.01 | +368.87 | +522.55 |
| Level | Intermediate | Major | Intermediate | - | 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 | 4,072.28 | 4,152.01 | 4,295.88 | 4,375.61 | 4,519.48 | 4,599.21 | 4,743.08 |
| Camarilla | 4,378.25 | 4,398.75 | 4,419.24 | 4,439.74 | 4,460.24 | 4,480.73 | 4,501.23 |
| Woodie | 4,104.34 | 4,168.05 | 4,327.94 | 4,391.65 | 4,551.54 | 4,615.25 | 4,775.14 |
| Fibonacci | 4,152.01 | 4,237.43 | 4,290.20 | 4,375.61 | 4,461.03 | 4,513.80 | 4,599.21 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,057.31 | 2,733.66 | 3,429.04 | 4,105.39 | 4,800.77 | 5,477.12 | 6,172.50 |
| Camarilla | 3,747.20 | 3,872.95 | 3,998.69 | 4,124.43 | 4,250.17 | 4,375.91 | 4,501.66 |
| Woodie | 2,066.84 | 2,738.42 | 3,438.57 | 4,110.15 | 4,810.30 | 5,481.88 | 6,182.03 |
| Fibonacci | 2,733.66 | 3,257.66 | 3,581.39 | 4,105.39 | 4,629.39 | 4,953.12 | 5,477.12 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,160.81 | 3,549.67 | 4,088.52 | 4,477.38 | 5,016.23 | 5,405.09 | 5,943.94 |
| Camarilla | 4,372.24 | 4,457.28 | 4,542.32 | 4,627.36 | 4,712.40 | 4,797.44 | 4,882.48 |
| Woodie | 3,235.80 | 3,587.17 | 4,163.51 | 4,514.88 | 5,091.22 | 5,442.59 | 6,018.93 |
| Fibonacci | 3,549.67 | 3,904.06 | 4,123.00 | 4,477.38 | 4,831.77 | 5,050.71 | 5,405.09 |
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): | 38.83 | |
| MACD (12,26,9): | -13.3300 | |
| Directional Movement: | -9.58 | |
| AROON (14): | -85.72 | |
| DEMA (21): | 4,343.31 | |
| Parabolic SAR (0,02-0,02-0,2): | 4,422.92 | |
| Elder Ray (13): | -40.09 | |
| Super Trend (3,10): | 4,435.59 | |
| Zig ZAG (10): | 4,294.02 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 14.11 | |
| TEMA (21): | 4,314.80 | |
| Williams %R (14): | -89.86 | |
| Chande Momentum Oscillator (20): | -119.41 | |
| Repulse (5,40,3): | -0.1600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 4.10 |
| MA7: | 4,277.15 | |
| MA20: | 4,324.69 | |
| MA50: | 4,365.12 | |
| MA100: | 3,908.48 | |
| MAexp7: | 4,321.31 | |
| MAexp20: | 4,354.74 | |
| MAexp50: | 4,344.36 | |
| MAexp100: | 4,318.13 | |
| Price / MA7: | +0.27% | |
| Price / MA20: | -0.83% | |
| Price / MA50: | -1.75% | |
| Price / MA100: | +9.73% | |
| Price / MAexp7: | -0.75% | |
| Price / MAexp20: | -1.52% | |
| Price / MAexp50: | -1.28% | |
| Price / MAexp100: | -0.68% |
Quotes :
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Real time data
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Cryptocompare
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