ETHEREUM - ETH/USD - 15 min. - Technical analysis published on 05/28/2023 (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:
Neutral
Underlying:
Bullish
Technical indicators
56%
0%
44%
My opinion
Bullish above 1,827.60 USD
My targets
1,848.66 USD (+0.29%)
1,860.92 USD (+0.96%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ETHEREUM - ETH/USD. As long as you are above the support located at 1,827.60 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 1,848.66 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 1,860.92 USD as an objective. Crossing it would then enable buyers to target 1,869.68 USD. If the support 1,827.60 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.6
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Additional analysis
Quotes
The ETHEREUM - ETH/USD rating is 1,843.31 USD. The price has increased by +0.67% since the last closing and was traded between 1,824.60 USD and 1,860.28 USD over the period. The price is currently at +1.03% from its lowest and -0.91% from its highest.1,824.60
1,860.28
1,843.31
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Bearish opening
Type : Bearish
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 (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of ETHEREUM - ETH/USD in 15 min. shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 10 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
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 : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,817.25 | 1,829.47 | 1,842.52 | 1,843.31 | 1,860.15 | 1,869.68 | 1,996.33 |
| Change (%) | -1.41% | -0.75% | -0.04% | - | +0.91% | +1.43% | +8.30% |
| Change | -26.06 | -13.84 | -0.79 | - | +16.84 | +26.37 | +153.02 |
| Level | Major | Major | Minor | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,797.74 | 1,806.54 | 1,818.80 | 1,827.60 | 1,839.86 | 1,848.66 | 1,860.92 |
| Camarilla | 1,825.28 | 1,827.21 | 1,829.14 | 1,831.07 | 1,833.00 | 1,834.93 | 1,836.86 |
| Woodie | 1,799.48 | 1,807.41 | 1,820.54 | 1,828.47 | 1,841.60 | 1,849.53 | 1,862.66 |
| Fibonacci | 1,806.54 | 1,814.58 | 1,819.55 | 1,827.60 | 1,835.64 | 1,840.61 | 1,848.66 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,666.62 | 1,714.96 | 1,773.01 | 1,821.35 | 1,879.40 | 1,927.74 | 1,985.79 |
| Camarilla | 1,801.81 | 1,811.57 | 1,821.32 | 1,831.07 | 1,840.82 | 1,850.58 | 1,860.33 |
| Woodie | 1,671.49 | 1,717.39 | 1,777.88 | 1,823.78 | 1,884.27 | 1,930.17 | 1,990.66 |
| Fibonacci | 1,714.96 | 1,755.60 | 1,780.71 | 1,821.35 | 1,861.99 | 1,887.10 | 1,927.74 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,379.51 | 1,585.01 | 1,727.54 | 1,933.04 | 2,075.57 | 2,281.07 | 2,423.60 |
| Camarilla | 1,774.37 | 1,806.28 | 1,838.18 | 1,870.08 | 1,901.98 | 1,933.89 | 1,965.79 |
| Woodie | 1,348.04 | 1,569.27 | 1,696.07 | 1,917.30 | 2,044.10 | 2,265.33 | 2,392.13 |
| Fibonacci | 1,585.01 | 1,717.95 | 1,800.09 | 1,933.04 | 2,065.98 | 2,148.12 | 2,281.07 |
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): | 54.56 | |
| MACD (12,26,9): | -0.0800 | |
| Directional Movement: | -7.05 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 1,843.52 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,841.16 | |
| Elder Ray (13): | 1.19 | |
| Super Trend (3,10): | 1,848.60 | |
| Zig ZAG (10): | 1,845.13 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 76.56 | |
| TEMA (21): | 1,843.67 | |
| Williams %R (14): | -20.38 | |
| Chande Momentum Oscillator (20): | 1.16 | |
| Repulse (5,40,3): | 0.0800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.12 |
| MA7: | 1,826.14 | |
| MA20: | 1,818.92 | |
| MA50: | 1,884.18 | |
| MA100: | 1,790.68 | |
| MAexp7: | 1,844.19 | |
| MAexp20: | 1,843.89 | |
| MAexp50: | 1,843.72 | |
| MAexp100: | 1,840.71 | |
| Price / MA7: | +0.94% | |
| Price / MA20: | +1.34% | |
| Price / MA50: | -2.17% | |
| Price / MA100: | +2.94% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | -0.02% | |
| Price / MAexp100: | +0.14% |
Quotes :
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Real time data
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Cryptocompare
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