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EURO TETHER - EURT/USD
EURTUSD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: EURTUSD
ISIN:

EURO TETHER - EURT/USD - 1H - Technical analysis published on 08/08/2024 (GMT)

  • 132
  • 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: Slightly bearish
Technical indicators
39%
17%
44%
My opinion
Neutral between 1.04 USD and 1.06 USD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 1.04 USD. The first resistance is located at 1.06 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.

In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The EURO TETHER - EURT/USD price is 1.05 USD. On the day, this instrument lost -0.94% and was between 1.04 USD and 1.06 USD. This implies that the price is at +0.96% from its lowest and at -0.94% from its highest.

1.04
1.06
1.05

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this EURO TETHER - EURT/USD chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour



In fact, only 7 technical indicators out of 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Near horizontal support

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.03 1.04 1.05 1.05 1.06 1.07 1.08
Change (%) -1.90% -0.95% 0% - +0.95% +1.90% +2.86%
Change -0.02 -0.01 0 - +0.01 +0.02 +0.03
Level Minor Intermediate Major - Major Major Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.001.021.041.061.081.101.12
Camarilla1.051.051.061.061.061.071.07
Woodie1.001.021.041.061.081.101.12
Fibonacci1.021.041.051.061.081.091.10


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.011.021.041.051.071.081.10
Camarilla1.041.051.051.051.051.061.06
Woodie1.011.021.041.051.071.081.10
Fibonacci1.021.041.041.051.071.071.08


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.960.991.021.051.081.111.14
Camarilla1.031.041.051.051.061.061.07
Woodie0.960.991.021.051.081.111.14
Fibonacci0.991.011.031.051.071.091.11

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): 47.71
MACD (12,26,9): 0.0000
Directional Movement: -9.73
AROON (14): 71.43
DEMA (21): 1.06
Parabolic SAR (0,02-0,02-0,2): 1.06
Elder Ray (13): 0
Super Trend (3,10): 1.04
Zig ZAG (10): 1.06
VORTEX (21): 1.0500
Stochastique (14,3,5): 84.51
TEMA (21): 1.06
Williams %R (14): -29.37
Chande Momentum Oscillator (20): 0.01
Repulse (5,40,3): 0.7800
ROCnROLL: -1
TRIX (15,9): 0.0100
Courbe Coppock: 1.07
MA7: 1.06
MA20: 1.05
MA50: 1.05
MA100: 1.06
MAexp7: 1.06
MAexp20: 1.06
MAexp50: 1.06
MAexp100: 1.06
Price / MA7: -0.94%
Price / MA20: -0%
Price / MA50: -0%
Price / MA100: -0.94%
Price / MAexp7: -0.94%
Price / MAexp20: -0.94%
Price / MAexp50: -0.94%
Price / MAexp100: -0.94%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

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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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