ETHEREUM - ETH/USD - 1H - Technical analysis published on 02/13/2020 (GMT)
- Who voted?
- 308
- 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 : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
33%
33%
33%
My opinion
Bullish above 258.84 USD
My targets
275.88 USD (+3.13%)
289.69 USD (+8.29%)
My analysis
The basic bullish trend is very strong on ETHEREUM - ETH/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 258.84 USD. Crossing the first resistance at 275.88 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 289.69 USD as an objective. Crossing it would then enable buyers to target 334.69 USD. Caution, a return to below 258.84 USD would be a sign of a consolidation phase in the short-term basic trend. 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, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
FORCE
0
10
5
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ETHEREUM - ETH/USD price is 267.50 USD. The price has increased by +0.42% since the last closing with the lowest point at 256.71 USD and the highest point at 278.00 USD. The deviation from the price is +4.20% for the low point and -3.78% for the high point.256.71
278.00
267.50
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
A technical analysis in 1H of this ETHEREUM - ETH/USD chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 6 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 207.95 | 220.79 | 252.36 | 267.50 | 275.88 | 334.69 | 499.06 |
| Change (%) | -22.26% | -17.46% | -5.66% | - | +3.13% | +25.12% | +86.56% |
| Change | -59.55 | -46.71 | -15.14 | - | +8.38 | +67.19 | +231.56 |
| Level | Minor | Major | Minor | - | 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 | 206.13 | 221.98 | 244.18 | 260.03 | 282.23 | 298.08 | 320.28 |
| Camarilla | 255.92 | 259.40 | 262.89 | 266.38 | 269.87 | 273.36 | 276.84 |
| Woodie | 209.31 | 223.57 | 247.36 | 261.62 | 285.41 | 299.67 | 323.46 |
| Fibonacci | 221.98 | 236.52 | 245.50 | 260.03 | 274.57 | 283.55 | 298.08 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 143.62 | 161.46 | 192.31 | 210.15 | 241.00 | 258.84 | 289.69 |
| Camarilla | 209.76 | 214.22 | 218.69 | 223.15 | 227.61 | 232.08 | 236.54 |
| Woodie | 150.12 | 164.71 | 198.81 | 213.40 | 247.50 | 262.09 | 296.19 |
| Fibonacci | 161.46 | 180.06 | 191.55 | 210.15 | 228.75 | 240.24 | 258.84 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 80.09 | 102.77 | 141.24 | 163.92 | 202.39 | 225.07 | 263.54 |
| Camarilla | 162.89 | 168.50 | 174.11 | 179.71 | 185.32 | 190.92 | 196.53 |
| Woodie | 87.99 | 106.72 | 149.14 | 167.87 | 210.29 | 229.02 | 271.44 |
| Fibonacci | 102.77 | 126.13 | 140.56 | 163.92 | 187.28 | 201.71 | 225.07 |
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): | 55.05 | |
| MACD (12,26,9): | 2.3400 | |
| Directional Movement: | 5.91 | |
| AROON (14): | 35.72 | |
| DEMA (21): | 270.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 258.76 | |
| Elder Ray (13): | -0.02 | |
| Super Trend (3,10): | 259.72 | |
| Zig ZAG (10): | 267.99 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 48.68 | |
| TEMA (21): | 267.88 | |
| Williams %R (14): | -48.19 | |
| Chande Momentum Oscillator (20): | -5.51 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1700 | |
| Courbe Coppock: | 1.86 |
| MA7: | 238.66 | |
| MA20: | 202.44 | |
| MA50: | 169.24 | |
| MA100: | 162.03 | |
| MAexp7: | 268.10 | |
| MAexp20: | 267.02 | |
| MAexp50: | 258.73 | |
| MAexp100: | 247.12 | |
| Price / MA7: | +12.08% | |
| Price / MA20: | +32.14% | |
| Price / MA50: | +58.06% | |
| Price / MA100: | +65.09% | |
| Price / MAexp7: | -0.22% | |
| Price / MAexp20: | +0.18% | |
| Price / MAexp50: | +3.39% | |
| Price / MAexp100: | +8.25% |
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 - 1H