ETHEREUM - ETH/USD - 15 min. - Technical analysis published on 03/20/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 1,797.60 USD
My targets
1,749.99 USD (-1.21%)
1,714.93 USD (-3.19%)
My analysis
The bearish trend is currently very strong for ETHEREUM - ETH/USD. As long as the price remains below the resistance at 1,797.60 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1,749.99 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1,714.93 USD as an objective. Crossing it would then enable sellers to target 1,667.32 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
6.8
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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 1,771.36 USD. On the day, this instrument lost -0.77% and was between 1,755.97 USD and 1,790.17 USD. This implies that the price is at +0.88% from its lowest and at -1.05% from its highest.1,755.97
1,790.17
1,771.36
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
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of ETHEREUM - ETH/USD in 15 min. shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 15 minutes
Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
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 | 1,616.71 | 1,663.52 | 1,705.91 | 1,771.36 | 1,774.68 | 1,979.06 | 3,521.87 |
| Change (%) | -8.73% | -6.09% | -3.69% | - | +0.19% | +11.73% | +98.82% |
| Change | -154.65 | -107.84 | -65.45 | - | +3.32 | +207.70 | +1,750.51 |
| Level | Minor | Intermediate | Intermediate | - | Major | 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 | 1,667.32 | 1,714.93 | 1,749.99 | 1,797.60 | 1,832.66 | 1,880.27 | 1,915.33 |
| Camarilla | 1,762.33 | 1,769.90 | 1,777.48 | 1,785.06 | 1,792.64 | 1,800.22 | 1,807.79 |
| Woodie | 1,661.06 | 1,711.79 | 1,743.73 | 1,794.46 | 1,826.40 | 1,877.13 | 1,909.07 |
| Fibonacci | 1,714.93 | 1,746.51 | 1,766.02 | 1,797.60 | 1,829.18 | 1,848.69 | 1,880.27 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 35.98 | |
| MACD (12,26,9): | -7.5700 | |
| Directional Movement: | -23.43 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 1,779.43 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,767.21 | |
| Elder Ray (13): | -6.14 | |
| Super Trend (3,10): | 1,801.80 | |
| Zig ZAG (10): | 1,778.13 | |
| VORTEX (21): | 0.8600 | |
| Stochastique (14,3,5): | 25.16 | |
| TEMA (21): | 1,772.51 | |
| Williams %R (14): | -92.14 | |
| Chande Momentum Oscillator (20): | -19.92 | |
| Repulse (5,40,3): | -1.3400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 2.95 |
| MA7: | 1,734.80 | |
| MA20: | 1,622.91 | |
| MA50: | 1,621.80 | |
| MA100: | 1,490.60 | |
| MAexp7: | 1,777.29 | |
| MAexp20: | 1,789.08 | |
| MAexp50: | 1,795.70 | |
| MAexp100: | 1,794.49 | |
| Price / MA7: | +2.11% | |
| Price / MA20: | +9.15% | |
| Price / MA50: | +9.22% | |
| Price / MA100: | +18.84% | |
| Price / MAexp7: | -0.33% | |
| Price / MAexp20: | -0.99% | |
| Price / MAexp50: | -1.36% | |
| Price / MAexp100: | -1.29% |
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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