ETHEREUM - ETH/USD - 1H - Technical analysis published on 06/19/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 1,075.89 USD
My targets
1,139.70 USD (+0.64%)
1,254.87 USD (+10.81%)
My analysis
ETHEREUM - ETH/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1,075.89 USD. The next resistance located at 1,139.70 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1,254.87 USD. After this resistance, buyers could then target 1,426.55 USD.
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
0
10
7.3
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This analysis was given by Gstar99. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ETHEREUM - ETH/USD price is 1,132.47 USD. The price registered an increase of +13.86% on the session and was between 935.49 USD and 1,133.70 USD. This implies that the price is at +21.06% from its lowest and at -0.11% from its highest.935.49
1,133.70
1,132.47
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ETHEREUM - ETH/USD indicates that the overall trend is bullish. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being 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 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
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 476.13 | 1,014.24 | 1,075.89 | 1,132.47 | 1,254.87 | 1,426.55 | 1,655.91 |
| Change (%) | -57.96% | -10.44% | -5.00% | - | +10.81% | +25.97% | +46.22% |
| Change | -656.34 | -118.23 | -56.58 | - | +122.40 | +294.08 | +523.44 |
| Level | Intermediate | Minor | Intermediate | - | Major | Intermediate | 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 | 669.74 | 775.26 | 884.92 | 990.44 | 1,100.10 | 1,205.62 | 1,315.28 |
| Camarilla | 935.41 | 955.13 | 974.86 | 994.58 | 1,014.31 | 1,034.03 | 1,053.76 |
| Woodie | 671.81 | 776.30 | 886.99 | 991.48 | 1,102.17 | 1,206.66 | 1,317.35 |
| Fibonacci | 775.26 | 857.46 | 908.24 | 990.44 | 1,072.64 | 1,123.42 | 1,205.62 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 72.69 | 476.73 | 735.66 | 1,139.70 | 1,398.63 | 1,802.67 | 2,061.60 |
| Camarilla | 812.26 | 873.04 | 933.81 | 994.58 | 1,055.35 | 1,116.13 | 1,176.90 |
| Woodie | 0.13 | 440.45 | 663.10 | 1,103.42 | 1,326.07 | 1,766.39 | 1,989.04 |
| Fibonacci | 476.73 | 729.99 | 886.45 | 1,139.70 | 1,392.96 | 1,549.42 | 1,802.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 181.76 | 943.80 | 1,442.12 | 2,204.16 | 2,702.48 | 3,464.52 | 3,962.84 |
| Camarilla | 1,593.84 | 1,709.37 | 1,824.91 | 1,940.44 | 2,055.97 | 2,171.51 | 2,287.04 |
| Woodie | 49.90 | 877.87 | 1,310.26 | 2,138.23 | 2,570.62 | 3,398.59 | 3,830.98 |
| Fibonacci | 943.80 | 1,425.26 | 1,722.70 | 2,204.16 | 2,685.62 | 2,983.06 | 3,464.52 |
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): | 65.07 | |
| MACD (12,26,9): | 26.3100 | |
| Directional Movement: | 22.70 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 1,063.47 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,030.36 | |
| Elder Ray (13): | 48.41 | |
| Super Trend (3,10): | 1,010.52 | |
| Zig ZAG (10): | 1,099.97 | |
| VORTEX (21): | 1.1900 | |
| Stochastique (14,3,5): | 91.92 | |
| TEMA (21): | 1,095.57 | |
| Williams %R (14): | -12.57 | |
| Chande Momentum Oscillator (20): | 130.87 | |
| Repulse (5,40,3): | 2.5200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 23.33 |
| MA7: | 1,128.39 | |
| MA20: | 1,537.37 | |
| MA50: | 1,931.13 | |
| MA100: | 2,490.31 | |
| MAexp7: | 1,075.10 | |
| MAexp20: | 1,036.75 | |
| MAexp50: | 1,031.21 | |
| MAexp100: | 1,078.66 | |
| Price / MA7: | +0.36% | |
| Price / MA20: | -26.34% | |
| Price / MA50: | -41.36% | |
| Price / MA100: | -54.52% | |
| Price / MAexp7: | +5.34% | |
| Price / MAexp20: | +9.23% | |
| Price / MAexp50: | +9.82% | |
| Price / MAexp100: | +4.99% |
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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