ETHEREUM - ETH/USD - 1H - Technical analysis published on 01/06/2023 (GMT)
- 121
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
22%
61%
17%
My opinion
Neutral between 1,242.26 USD and 1,267.32 USD
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 1,267.32 USD. The first support is located at 1,242.26 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this 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.
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Additional analysis
Quotes
The ETHEREUM - ETH/USD rating is 1,250.34 USD. On the day, this instrument lost -0.01% and was traded between 1,237.77 USD and 1,256.58 USD over the period. The price is currently at +1.02% from its lowest and -0.50% from its highest.1,237.77
1,256.58
1,250.34
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of ETHEREUM - ETH/USD in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any 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
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,221.87 | 1,231.93 | 1,242.26 | 1,250.34 | 1,254.84 | 1,267.32 | 1,429.68 |
| Change (%) | -2.28% | -1.47% | -0.65% | - | +0.36% | +1.36% | +14.34% |
| Change | -28.47 | -18.41 | -8.08 | - | +4.50 | +16.98 | +179.34 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,225.46 | 1,233.86 | 1,242.19 | 1,250.59 | 1,258.92 | 1,267.32 | 1,275.65 |
| Camarilla | 1,245.92 | 1,247.45 | 1,248.99 | 1,250.52 | 1,252.05 | 1,253.59 | 1,255.12 |
| Woodie | 1,225.43 | 1,233.84 | 1,242.16 | 1,250.57 | 1,258.89 | 1,267.30 | 1,275.62 |
| Fibonacci | 1,233.86 | 1,240.25 | 1,244.20 | 1,250.59 | 1,256.98 | 1,260.93 | 1,267.32 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,128.07 | 1,155.31 | 1,175.15 | 1,202.39 | 1,222.23 | 1,249.47 | 1,269.31 |
| Camarilla | 1,182.03 | 1,186.35 | 1,190.66 | 1,194.98 | 1,199.30 | 1,203.61 | 1,207.93 |
| Woodie | 1,124.36 | 1,153.46 | 1,171.44 | 1,200.54 | 1,218.52 | 1,247.62 | 1,265.60 |
| Fibonacci | 1,155.31 | 1,173.30 | 1,184.41 | 1,202.39 | 1,220.38 | 1,231.49 | 1,249.47 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 915.40 | 1,033.25 | 1,114.11 | 1,231.96 | 1,312.82 | 1,430.67 | 1,511.53 |
| Camarilla | 1,140.34 | 1,158.55 | 1,176.77 | 1,194.98 | 1,213.20 | 1,231.41 | 1,249.63 |
| Woodie | 896.92 | 1,024.00 | 1,095.63 | 1,222.71 | 1,294.34 | 1,421.42 | 1,493.05 |
| Fibonacci | 1,033.25 | 1,109.15 | 1,156.05 | 1,231.96 | 1,307.86 | 1,354.76 | 1,430.67 |
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): | 35.77 | |
| MACD (12,26,9): | -1.6900 | |
| Directional Movement: | -12.09 | |
| AROON (14): | -85.72 | |
| DEMA (21): | 1,246.05 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,255.68 | |
| Elder Ray (13): | -4.69 | |
| Super Trend (3,10): | 1,251.71 | |
| Zig ZAG (10): | 1,241.22 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 11.08 | |
| TEMA (21): | 1,243.07 | |
| Williams %R (14): | -93.91 | |
| Chande Momentum Oscillator (20): | -9.89 | |
| Repulse (5,40,3): | -0.2400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.99 |
| MA7: | 1,224.69 | |
| MA20: | 1,212.91 | |
| MA50: | 1,223.63 | |
| MA100: | 1,296.71 | |
| MAexp7: | 1,245.18 | |
| MAexp20: | 1,247.80 | |
| MAexp50: | 1,246.42 | |
| MAexp100: | 1,237.94 | |
| Price / MA7: | +2.09% | |
| Price / MA20: | +3.09% | |
| Price / MA50: | +2.18% | |
| Price / MA100: | -3.58% | |
| Price / MAexp7: | +0.41% | |
| Price / MAexp20: | +0.20% | |
| Price / MAexp50: | +0.31% | |
| Price / MAexp100: | +1.00% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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