EURO TETHER - EURT/USD - 1H - Technical analysis published on 03/14/2023 (GMT)
- 136
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Neutral
Technical indicators
39%
17%
44%
My opinion
Neutral between 1.06 USD and 1.08 USD
My targets
-
My analysis
There is no clear trend on EURO TETHER - EURT/USD either on the basics or in the short term. Under these conditions, it is difficult to advise a trading direction. Staying away seems to be the best solution. The first resistance is located at 1.08 USD. The first support is located at 1.06 USD.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EURO TETHER - EURT/USD rating is 1.07 USD. On the day, this instrument lost -0.93% and was between 1.06 USD and 1.08 USD. This implies that the price is at +0.94% from its lowest and at -0.93% from its highest.1.06
1.08
1.07
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of EURO TETHER - EURT/USD in 1H shows a neutral overall trend. This generally neutral trend is confirmed by the neutral signals currently given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
The probability of a further increase is slight given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.05 | 1.06 | 1.07 | 1.07 | 1.08 | 1.10 | 1.15 |
| Change (%) | -1.87% | -0.93% | 0% | - | +0.93% | +2.80% | +7.48% |
| Change | -0.02 | -0.01 | 0 | - | +0.01 | +0.03 | +0.08 |
| Level | Minor | Major | Major | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.05 | 1.05 | 1.07 | 1.07 | 1.09 | 1.09 | 1.11 |
| Camarilla | 1.08 | 1.08 | 1.08 | 1.08 | 1.08 | 1.08 | 1.09 |
| Woodie | 1.05 | 1.06 | 1.07 | 1.08 | 1.09 | 1.10 | 1.11 |
| Fibonacci | 1.05 | 1.06 | 1.07 | 1.07 | 1.08 | 1.09 | 1.09 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.03 | 1.04 | 1.05 | 1.06 | 1.07 | 1.08 | 1.09 |
| Camarilla | 1.06 | 1.06 | 1.06 | 1.06 | 1.06 | 1.06 | 1.07 |
| Woodie | 1.03 | 1.04 | 1.05 | 1.06 | 1.07 | 1.08 | 1.09 |
| Fibonacci | 1.04 | 1.05 | 1.05 | 1.06 | 1.07 | 1.07 | 1.08 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.01 | 1.03 | 1.05 | 1.07 | 1.09 | 1.11 | 1.13 |
| Camarilla | 1.05 | 1.05 | 1.06 | 1.06 | 1.06 | 1.07 | 1.07 |
| Woodie | 1.00 | 1.03 | 1.04 | 1.07 | 1.08 | 1.11 | 1.12 |
| Fibonacci | 1.03 | 1.05 | 1.06 | 1.07 | 1.09 | 1.10 | 1.11 |
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): | 55.30 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 1.48 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 1.07 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.07 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 1.06 | |
| Zig ZAG (10): | 1.07 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 58.33 | |
| TEMA (21): | 1.07 | |
| Williams %R (14): | -58.33 | |
| Chande Momentum Oscillator (20): | 0.00 | |
| Repulse (5,40,3): | 0.1600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.24 |
| MA7: | 1.07 | |
| MA20: | 1.06 | |
| MA50: | 1.07 | |
| MA100: | 1.07 | |
| MAexp7: | 1.07 | |
| MAexp20: | 1.07 | |
| MAexp50: | 1.07 | |
| MAexp100: | 1.07 | |
| Price / MA7: | -0% | |
| Price / MA20: | +0.94% | |
| Price / MA50: | -0% | |
| Price / MA100: | -0% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | -0% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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