ETHEREUM - ETH/USD - 1H - Technical analysis published on 12/21/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 3,946.75 USD
My targets
4,112.26 USD (+2.13%)
4,176.00 USD (+3.72%)
My analysis
The bullish trend is currently very strong on ETHEREUM - ETH/USD. As long as the price remains above the support at 3,946.75 USD, you could try to benefit from the boom. The first bullish objective is located at 4,112.26 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 4,176.00 USD as an objective. Crossing it would then enable buyers to target 4,811.25 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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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
ETHEREUM - ETH/USD rating 4,026.34 USD. The price registered an increase of +2.09% on the session with the lowest point at 3,914.86 USD and the highest point at 4,053.25 USD. The deviation from the price is +2.85% for the low point and -0.66% for the high point.3,914.86
4,053.25
4,026.34
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
Here is a more detailed summary of the historical variations registered by ETHEREUM - ETH/USD:
Technical
Technical analysis of this 1H chart of ETHEREUM - ETH/USD indicates that the overall trend is strongly bullish. 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 market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA50 & MA100
Type : Bearish
Timeframe : 1 hour
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3,833.22 | 3,898.85 | 3,946.75 | 4,026.34 | 4,026.72 | 4,112.26 | 4,176.00 |
| Change (%) | -4.80% | -3.17% | -1.98% | - | +0.01% | +2.13% | +3.72% |
| Change | -193.12 | -127.49 | -79.59 | - | +0.38 | +85.92 | +149.66 |
| Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,583.16 | 3,669.96 | 3,806.93 | 3,893.73 | 4,030.70 | 4,117.50 | 4,254.47 |
| Camarilla | 3,882.37 | 3,902.89 | 3,923.40 | 3,943.91 | 3,964.42 | 3,984.94 | 4,005.45 |
| Woodie | 3,608.26 | 3,682.50 | 3,832.03 | 3,906.27 | 4,055.80 | 4,130.04 | 4,279.57 |
| Fibonacci | 3,669.96 | 3,755.44 | 3,808.25 | 3,893.73 | 3,979.21 | 4,032.02 | 4,117.50 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,158.91 | 3,405.40 | 3,683.73 | 3,930.22 | 4,208.55 | 4,455.04 | 4,733.37 |
| Camarilla | 3,817.73 | 3,865.83 | 3,913.94 | 3,962.05 | 4,010.16 | 4,058.27 | 4,106.38 |
| Woodie | 3,174.82 | 3,413.36 | 3,699.64 | 3,938.18 | 4,224.46 | 4,463.00 | 4,749.28 |
| Fibonacci | 3,405.40 | 3,605.89 | 3,729.74 | 3,930.22 | 4,130.71 | 4,254.56 | 4,455.04 |
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): | 62.89 | |
| MACD (12,26,9): | 38.7500 | |
| Directional Movement: | 20.72 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 4,006.76 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,996.86 | |
| Elder Ray (13): | 34.43 | |
| Super Trend (3,10): | 3,909.04 | |
| Zig ZAG (10): | 4,018.14 | |
| VORTEX (21): | 1.3100 | |
| Stochastique (14,3,5): | 80.70 | |
| TEMA (21): | 4,041.15 | |
| Williams %R (14): | -18.99 | |
| Chande Momentum Oscillator (20): | 81.22 | |
| Repulse (5,40,3): | 0.4900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 6.56 |
| MA7: | 3,957.84 | |
| MA20: | 4,087.23 | |
| MA50: | 4,306.46 | |
| MA100: | 3,945.53 | |
| MAexp7: | 4,008.43 | |
| MAexp20: | 3,961.68 | |
| MAexp50: | 3,930.01 | |
| MAexp100: | 3,924.54 | |
| Price / MA7: | +1.73% | |
| Price / MA20: | -1.49% | |
| Price / MA50: | -6.50% | |
| Price / MA100: | +2.05% | |
| Price / MAexp7: | +0.45% | |
| Price / MAexp20: | +1.63% | |
| Price / MAexp50: | +2.45% | |
| Price / MAexp100: | +2.59% |
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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