ETHEREUM - ETH/USD - 1H - Technical analysis published on 01/22/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bullish
Technical indicators
33%
39%
28%
My opinion
Bullish above 165.33 USD
My targets
173.43 USD (+3.18%)
179.00 USD (+6.49%)
My analysis
The basic trend is currently slightly bullish on ETHEREUM - ETH/USD and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 165.33 USD, purchases could be favourable. The first bullish objective would be the resistance located at 173.43 USD. Then the price could move towards 179.00 USD. Then 188.94 USD by extension. A return under the support to 165.33 USD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
2
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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
The ETHEREUM - ETH/USD price is 168.09 USD. The price has increased by -0.66% since the last closing with the lowest point at 165.62 USD and the highest point at 170.89 USD. The deviation from the price is +1.49% for the low point and -1.64% for the high point.165.62
170.89
168.09
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
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ETHEREUM - ETH/USD chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
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 | 138.93 | 158.80 | 165.33 | 168.09 | 168.77 | 173.43 | 179.00 |
| Change (%) | -17.35% | -5.53% | -1.64% | - | +0.40% | +3.18% | +6.49% |
| Change | -29.16 | -9.29 | -2.76 | - | +0.68 | +5.34 | +10.91 |
| Level | Minor | Minor | Intermediate | - | Intermediate | 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 | 161.09 | 162.91 | 166.06 | 167.88 | 171.03 | 172.85 | 176.00 |
| Camarilla | 167.84 | 168.30 | 168.75 | 169.21 | 169.67 | 170.12 | 170.58 |
| Woodie | 161.76 | 163.24 | 166.73 | 168.21 | 171.70 | 173.18 | 176.67 |
| Fibonacci | 162.91 | 164.81 | 165.98 | 167.88 | 169.78 | 170.95 | 172.85 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 113.22 | 127.37 | 150.69 | 164.84 | 188.16 | 202.31 | 225.63 |
| Camarilla | 163.70 | 167.13 | 170.57 | 174.00 | 177.44 | 180.87 | 184.30 |
| Woodie | 117.80 | 129.66 | 155.27 | 167.13 | 192.74 | 204.60 | 230.21 |
| Fibonacci | 127.37 | 141.69 | 150.53 | 164.84 | 179.16 | 188.00 | 202.31 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 76.77 | 96.67 | 112.68 | 132.58 | 148.59 | 168.49 | 184.50 |
| Camarilla | 118.81 | 122.10 | 125.39 | 128.68 | 131.97 | 135.26 | 138.56 |
| Woodie | 74.82 | 95.70 | 110.73 | 131.61 | 146.64 | 167.52 | 182.55 |
| Fibonacci | 96.67 | 110.39 | 118.87 | 132.58 | 146.30 | 154.78 | 168.49 |
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): | 50.89 | |
| MACD (12,26,9): | -0.1600 | |
| Directional Movement: | 1.35 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 167.71 | |
| Parabolic SAR (0,02-0,02-0,2): | 170.14 | |
| Elder Ray (13): | -0.47 | |
| Super Trend (3,10): | 169.62 | |
| Zig ZAG (10): | 167.46 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 24.92 | |
| TEMA (21): | 167.15 | |
| Williams %R (14): | -67.93 | |
| Chande Momentum Oscillator (20): | -1.88 | |
| Repulse (5,40,3): | 0.4000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 1.80 |
| MA7: | 168.27 | |
| MA20: | 152.87 | |
| MA50: | 142.43 | |
| MA100: | 157.59 | |
| MAexp7: | 167.24 | |
| MAexp20: | 167.75 | |
| MAexp50: | 167.69 | |
| MAexp100: | 167.31 | |
| Price / MA7: | -0.11% | |
| Price / MA20: | +9.96% | |
| Price / MA50: | +18.02% | |
| Price / MA100: | +6.66% | |
| Price / MAexp7: | +0.51% | |
| Price / MAexp20: | +0.20% | |
| Price / MAexp50: | +0.24% | |
| Price / MAexp100: | +0.47% |
This member declared not having a position on this financial instrument or a related financial instrument.
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