ETHEREUM - ETH/USD - 1H - Technical analysis published on 08/12/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bearish
Technical indicators
17%
50%
33%
My opinion
Neutral between 207.15 USD and 214.78 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on Ethereum - ETH/USD. It is difficult to advise a trading direction under these conditions. The first support is located at 207.15 USD. The first resistance is located at 214.78 USD. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
Ethereum - ETH/USD rating 212.34 USD. On the day, this instrument lost -1.76% and was between 211.15 USD and 216.35 USD. This implies that the price is at +0.56% from its lowest and at -1.85% from its highest.211.15
216.35
212.34
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by Ethereum - ETH/USD:
Technical
Technical analysis of this 1H chart of Ethereum - ETH/USD indicates that the overall trend is slightly bearish. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, only 9 technical indicators out of 18 studied are currently positioned bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 132.21 | 156.01 | 207.15 | 212.34 | 214.78 | 223.36 | 231.00 |
| Change (%) | -37.74% | -26.53% | -2.44% | - | +1.15% | +5.19% | +8.79% |
| Change | -80.13 | -56.33 | -5.19 | - | +2.44 | +11.02 | +18.66 |
| Level | Minor | Major | Major | - | Intermediate | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 198.17 | 201.93 | 209.04 | 212.80 | 219.91 | 223.67 | 230.78 |
| Camarilla | 213.16 | 214.16 | 215.15 | 216.15 | 217.15 | 218.14 | 219.14 |
| Woodie | 199.85 | 202.77 | 210.72 | 213.64 | 221.59 | 224.51 | 232.46 |
| Fibonacci | 201.93 | 206.08 | 208.65 | 212.80 | 216.95 | 219.52 | 223.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 152.55 | 176.68 | 191.34 | 215.47 | 230.13 | 254.26 | 268.92 |
| Camarilla | 195.33 | 198.89 | 202.44 | 206.00 | 209.56 | 213.11 | 216.67 |
| Woodie | 147.82 | 174.31 | 186.61 | 213.10 | 225.40 | 251.89 | 264.19 |
| Fibonacci | 176.68 | 191.50 | 200.65 | 215.47 | 230.29 | 239.44 | 254.26 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 39.21 | 114.98 | 166.83 | 242.60 | 294.45 | 370.22 | 422.07 |
| Camarilla | 183.58 | 195.28 | 206.98 | 218.68 | 230.38 | 242.08 | 253.78 |
| Woodie | 27.25 | 109.00 | 154.87 | 236.62 | 282.49 | 364.24 | 410.11 |
| Fibonacci | 114.98 | 163.73 | 193.85 | 242.60 | 291.35 | 321.47 | 370.22 |
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): | 48.32 | |
| MACD (12,26,9): | 0.4300 | |
| Directional Movement: | -5.13 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 213.54 | |
| Parabolic SAR (0,02-0,02-0,2): | 214.71 | |
| Elder Ray (13): | -0.90 | |
| Super Trend (3,10): | 209.69 | |
| Zig ZAG (10): | 212.29 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 15.81 | |
| TEMA (21): | 213.56 | |
| Williams %R (14): | -94.45 | |
| Chande Momentum Oscillator (20): | -3.69 | |
| Repulse (5,40,3): | -0.7300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 0.05 |
| MA7: | 216.75 | |
| MA20: | 217.10 | |
| MA50: | 249.68 | |
| MA100: | 246.90 | |
| MAexp7: | 212.62 | |
| MAexp20: | 212.74 | |
| MAexp50: | 212.16 | |
| MAexp100: | 213.84 | |
| Price / MA7: | -2.03% | |
| Price / MA20: | -2.19% | |
| Price / MA50: | -14.96% | |
| Price / MA100: | -14.00% | |
| Price / MAexp7: | -0.13% | |
| Price / MAexp20: | -0.19% | |
| Price / MAexp50: | +0.08% | |
| Price / MAexp100: | -0.70% |
This member declared not having a position on this financial instrument or a related financial instrument.
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