ETHEREUM - ETH/USD - 1H - Technical analysis published on 03/19/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
33%
39%
28%
My opinion
Bullish above 1,705.91 USD
My targets
1,917.72 USD (+8.02%)
1,979.06 USD (+11.48%)
My analysis
With a bullish background trend, the price of ETHEREUM - ETH/USD is trying to inflate a little with a slight short-term relapse. At this stage, no trend reversal is in sight. Globally, buyers have the upper hand. Traders could allow themselves to trade long positions (at the time of purchase) as long as the price remains above the support located at 1,705.91 USD. A bullish break in the resistance located at 1,917.72 USD would boost the bullish momentum and fuel the basic trend. Then the price could move towards 1,979.06 USD. Then 3,521.87 USD by extension. It would be safer to wait for a bullish break in the resistance located at 1,917.72 USD before allowing yourself to re trade long positions (at purchase) on ETHEREUM - ETH/USD. PS: if there is a bearish break in the support located at 1,705.91 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
1.3
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This analysis was given by sinyarco. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ETHEREUM - ETH/USD rating 1,775.26 USD. The price has increased by +0.67% since the last closing and was between 1,762.53 USD and 1,790.30 USD. This implies that the price is at +0.72% from its lowest and at -0.84% from its highest.1,762.53
1,790.30
1,775.26
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ETHEREUM - ETH/USD indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. Caution: the current slightly bearish signals from short-term moving averages indicate that the overall trend may be slowing down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 5 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 1,663.52 | 1,705.91 | 1,774.68 | 1,775.26 | 1,979.06 | 3,521.87 | 4,176.00 |
| Change (%) | -6.29% | -3.91% | -0.03% | - | +11.48% | +98.39% | +135.23% |
| Change | -111.74 | -69.35 | -0.58 | - | +203.80 | +1,746.61 | +2,400.74 |
| Level | Intermediate | Intermediate | Major | - | Minor | 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 | 1,637.97 | 1,695.10 | 1,729.28 | 1,786.41 | 1,820.59 | 1,877.72 | 1,911.90 |
| Camarilla | 1,738.36 | 1,746.73 | 1,755.10 | 1,763.47 | 1,771.84 | 1,780.21 | 1,788.58 |
| Woodie | 1,626.51 | 1,689.36 | 1,717.82 | 1,780.67 | 1,809.13 | 1,871.98 | 1,900.44 |
| Fibonacci | 1,695.10 | 1,729.98 | 1,751.53 | 1,786.41 | 1,821.29 | 1,842.84 | 1,877.72 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,152.32 | 1,306.58 | 1,535.02 | 1,689.28 | 1,917.72 | 2,071.98 | 2,300.42 |
| Camarilla | 1,658.23 | 1,693.31 | 1,728.39 | 1,763.47 | 1,798.55 | 1,833.63 | 1,868.71 |
| Woodie | 1,189.42 | 1,325.13 | 1,572.12 | 1,707.83 | 1,954.82 | 2,090.53 | 2,337.52 |
| Fibonacci | 1,306.58 | 1,452.77 | 1,543.09 | 1,689.28 | 1,835.47 | 1,925.79 | 2,071.98 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,204.31 | 1,334.13 | 1,468.76 | 1,598.58 | 1,733.21 | 1,863.03 | 1,997.66 |
| Camarilla | 1,530.66 | 1,554.90 | 1,579.14 | 1,603.38 | 1,627.62 | 1,651.86 | 1,676.10 |
| Woodie | 1,206.71 | 1,335.33 | 1,471.16 | 1,599.78 | 1,735.61 | 1,864.23 | 2,000.06 |
| Fibonacci | 1,334.13 | 1,435.15 | 1,497.56 | 1,598.58 | 1,699.60 | 1,762.01 | 1,863.03 |
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): | 48.53 | |
| MACD (12,26,9): | -0.9800 | |
| Directional Movement: | -2.94 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 1,786.82 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,801.05 | |
| Elder Ray (13): | -2.19 | |
| Super Trend (3,10): | 1,817.57 | |
| Zig ZAG (10): | 1,782.07 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 54.90 | |
| TEMA (21): | 1,774.93 | |
| Williams %R (14): | -46.94 | |
| Chande Momentum Oscillator (20): | -13.78 | |
| Repulse (5,40,3): | -0.1000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 2.55 |
| MA7: | 1,722.65 | |
| MA20: | 1,613.99 | |
| MA50: | 1,619.08 | |
| MA100: | 1,485.45 | |
| MAexp7: | 1,782.13 | |
| MAexp20: | 1,785.87 | |
| MAexp50: | 1,770.75 | |
| MAexp100: | 1,734.18 | |
| Price / MA7: | +3.05% | |
| Price / MA20: | +9.99% | |
| Price / MA50: | +9.65% | |
| Price / MA100: | +19.51% | |
| Price / MAexp7: | -0.39% | |
| Price / MAexp20: | -0.59% | |
| Price / MAexp50: | +0.25% | |
| Price / MAexp100: | +2.37% |
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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