ETHEREUM - ETH/USD - 15 min. - Technical analysis published on 05/28/2023 (GMT)
- 216
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - 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
83%
0%
17%
My opinion
Bullish above 1,860.92 USD
My targets
1,996.33 USD (+4.49%)
2,117.65 USD (+10.85%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ETHEREUM - ETH/USD as long as the price remains well above 1,860.92 USD. The buyers' bullish objective is set at 1,996.33 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2,117.65 USD. If there is any crossing, the next objective would be the resistance located at 2,763.12 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.8
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.
This analysis was given by KBPRASAD. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ETHEREUM - ETH/USD rating is 1,910.46 USD. On the day, this instrument gained +4.34% and was traded between 1,824.60 USD and 1,913.06 USD over the period. The price is currently at +4.71% from its lowest and -0.14% from its highest.1,824.60
1,913.06
1,910.46
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
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of ETHEREUM - ETH/USD indicates that the overall trend is strongly bullish. 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.
In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 1,842.52 | 1,860.15 | 1,869.68 | 1,910.46 | 1,996.33 | 2,117.65 | 2,763.12 |
| Change (%) | -3.56% | -2.63% | -2.13% | - | +4.49% | +10.85% | +44.63% |
| Change | -67.94 | -50.31 | -40.78 | - | +85.87 | +207.19 | +852.66 |
| Level | Minor | Minor | Intermediate | - | Minor | Intermediate | Minor |
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 | 1,797.74 | 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): | 86.80 | |
| MACD (12,26,9): | 15.1300 | |
| Directional Movement: | 50.59 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 1,891.43 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,873.93 | |
| Elder Ray (13): | 25.16 | |
| Super Trend (3,10): | 1,887.34 | |
| Zig ZAG (10): | 1,909.35 | |
| VORTEX (21): | 1.4300 | |
| Stochastique (14,3,5): | 90.43 | |
| TEMA (21): | 1,902.86 | |
| Williams %R (14): | -5.88 | |
| Chande Momentum Oscillator (20): | 57.10 | |
| Repulse (5,40,3): | 0.7900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 4.62 |
| MA7: | 1,835.50 | |
| MA20: | 1,822.07 | |
| MA50: | 1,885.46 | |
| MA100: | 1,791.31 | |
| MAexp7: | 1,895.78 | |
| MAexp20: | 1,874.25 | |
| MAexp50: | 1,859.37 | |
| MAexp100: | 1,850.60 | |
| Price / MA7: | +4.08% | |
| Price / MA20: | +4.85% | |
| Price / MA50: | +1.33% | |
| Price / MA100: | +6.65% | |
| Price / MAexp7: | +0.77% | |
| Price / MAexp20: | +1.93% | |
| Price / MAexp50: | +2.75% | |
| Price / MAexp100: | +3.23% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis ETHEREUM - ETH/USD - 15 min.