ETHEREUM - ETH/USD - 1H - Technical analysis published on 07/28/2022 (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%
6%
28%
My opinion
Bullish above 1,662.84 USD
My targets
1,830.84 USD (+6.68%)
2,015.51 USD (+17.44%)
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 1,662.84 USD. The next resistance located at 1,830.84 USD is the next bullish objective 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 2,015.51 USD. After this resistance, buyers could then target 2,412.93 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
8
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Additional analysis
Quotes
The ETHEREUM - ETH/USD price is 1,716.23 USD. The price registered an increase of +4.81% on the session and was between 1,597.14 USD and 1,749.86 USD. This implies that the price is at +7.46% from its lowest and at -1.92% from its highest.1,597.14
1,749.86
1,716.23
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
Here is a more detailed summary of the historical variations registered by ETHEREUM - ETH/USD:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of ETHEREUM - ETH/USD in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed 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.
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
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,585.14 | 1,621.63 | 1,662.84 | 1,716.23 | 2,412.93 | 2,981.41 | 3,521.87 |
| Change (%) | -7.64% | -5.51% | -3.11% | - | +40.59% | +73.72% | +105.21% |
| Change | -131.09 | -94.60 | -53.39 | - | +696.70 | +1,265.18 | +1,805.64 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Intermediate | 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 | 1,268.25 | 1,344.74 | 1,491.14 | 1,567.63 | 1,714.03 | 1,790.52 | 1,936.92 |
| Camarilla | 1,576.24 | 1,596.67 | 1,617.10 | 1,637.53 | 1,657.96 | 1,678.39 | 1,698.83 |
| Woodie | 1,303.20 | 1,362.22 | 1,526.09 | 1,585.11 | 1,748.98 | 1,808.00 | 1,971.87 |
| Fibonacci | 1,344.74 | 1,429.89 | 1,482.49 | 1,567.63 | 1,652.78 | 1,705.38 | 1,790.52 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,039.49 | 1,180.16 | 1,364.83 | 1,505.50 | 1,690.17 | 1,830.84 | 2,015.51 |
| Camarilla | 1,460.04 | 1,489.86 | 1,519.69 | 1,549.51 | 1,579.33 | 1,609.16 | 1,638.98 |
| Woodie | 1,061.50 | 1,191.16 | 1,386.84 | 1,516.50 | 1,712.18 | 1,841.84 | 2,037.52 |
| Fibonacci | 1,180.16 | 1,304.44 | 1,381.22 | 1,505.50 | 1,629.78 | 1,706.56 | 1,830.84 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -261.47 | 309.65 | 689.21 | 1,260.33 | 1,639.89 | 2,211.01 | 2,590.57 |
| Camarilla | 807.32 | 894.47 | 981.61 | 1,068.76 | 1,155.91 | 1,243.05 | 1,330.20 |
| Woodie | -357.26 | 261.76 | 593.42 | 1,212.44 | 1,544.10 | 2,163.12 | 2,494.78 |
| Fibonacci | 309.65 | 672.81 | 897.17 | 1,260.33 | 1,623.49 | 1,847.85 | 2,211.01 |
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): | 73.25 | |
| MACD (12,26,9): | 46.2100 | |
| Directional Movement: | 24.53 | |
| AROON (14): | 35.72 | |
| DEMA (21): | 1,712.16 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,618.70 | |
| Elder Ray (13): | 63.00 | |
| Super Trend (3,10): | 1,636.95 | |
| Zig ZAG (10): | 1,726.28 | |
| VORTEX (21): | 1.1900 | |
| Stochastique (14,3,5): | 89.03 | |
| TEMA (21): | 1,722.35 | |
| Williams %R (14): | -14.96 | |
| Chande Momentum Oscillator (20): | 83.90 | |
| Repulse (5,40,3): | 1.4700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3800 | |
| Courbe Coppock: | 7.30 |
| MA7: | 1,561.81 | |
| MA20: | 1,396.34 | |
| MA50: | 1,279.80 | |
| MA100: | 1,783.00 | |
| MAexp7: | 1,701.25 | |
| MAexp20: | 1,653.74 | |
| MAexp50: | 1,585.13 | |
| MAexp100: | 1,549.99 | |
| Price / MA7: | +9.89% | |
| Price / MA20: | +22.91% | |
| Price / MA50: | +34.10% | |
| Price / MA100: | -3.74% | |
| Price / MAexp7: | +0.88% | |
| Price / MAexp20: | +3.78% | |
| Price / MAexp50: | +8.27% | |
| Price / MAexp100: | +10.73% |
Quotes :
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Real time data
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Cryptocompare
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