EURO TETHER - EURT/USD - 1H - Technical analysis published on 08/27/2024 (GMT)
- 97
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Neutral
Technical indicators
33%
28%
39%
My opinion
Neutral between 1.08 USD and 1.10 USD
My targets
-
My analysis
The short-term and basic trend is neutral. In this situation, the price of EURO TETHER - EURT/USD could just as easily move towards the first resistance as the first support. No statistical advantage is given for one of these levels to be achieved before the other. It will be necessary to create a new automated analysis when the conditions have progressed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below. The first resistance is located at 1.10 USD. The first support is located at 1.08 USD.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.
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.
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Additional analysis
Quotes
EURO TETHER - EURT/USD rating 1.09 USD. The price registered a decrease of -0.91% on the session with the lowest point at 1.08 USD and the highest point at 1.10 USD. The deviation from the price is +0.93% for the low point and -0.91% for the high point.1.08
1.10
1.09
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
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 scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | R1 | Price | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.06 | 1.07 | 1.08 | 1.09 | 1.09 | 1.10 | 1.12 |
Change (%) | -2.75% | -1.83% | -0.92% | 0% | - | +0.92% | +2.75% |
Change | -0.03 | -0.02 | -0.01 | 0 | - | +0.01 | +0.03 |
Level | Intermediate | Major | Intermediate | Major | - | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.05 | 1.06 | 1.08 | 1.09 | 1.11 | 1.12 | 1.14 |
Camarilla | 1.09 | 1.10 | 1.10 | 1.10 | 1.10 | 1.11 | 1.11 |
Woodie | 1.06 | 1.06 | 1.09 | 1.09 | 1.12 | 1.12 | 1.15 |
Fibonacci | 1.06 | 1.07 | 1.08 | 1.09 | 1.10 | 1.11 | 1.12 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.00 | 1.03 | 1.05 | 1.08 | 1.10 | 1.13 | 1.15 |
Camarilla | 1.07 | 1.07 | 1.08 | 1.08 | 1.09 | 1.09 | 1.09 |
Woodie | 1.01 | 1.03 | 1.06 | 1.08 | 1.11 | 1.13 | 1.16 |
Fibonacci | 1.03 | 1.05 | 1.06 | 1.08 | 1.10 | 1.11 | 1.13 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.98 | 1.00 | 1.03 | 1.05 | 1.08 | 1.10 | 1.13 |
Camarilla | 1.04 | 1.04 | 1.05 | 1.05 | 1.06 | 1.06 | 1.06 |
Woodie | 0.98 | 1.00 | 1.03 | 1.05 | 1.08 | 1.10 | 1.13 |
Fibonacci | 1.00 | 1.02 | 1.03 | 1.05 | 1.07 | 1.08 | 1.10 |
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): | 46.68 | |
MACD (12,26,9): | 0.0000 | |
Directional Movement: | -0.99 | |
AROON (14): | -42.86 | |
DEMA (21): | 1.09 | |
Parabolic SAR (0,02-0,02-0,2): | 1.09 | |
Elder Ray (13): | 0 | |
Super Trend (3,10): | 1.11 | |
Zig ZAG (10): | 1.09 | |
VORTEX (21): | 0.9800 | |
Stochastique (14,3,5): | 50.26 | |
TEMA (21): | 1.09 | |
Williams %R (14): | -97.62 | |
Chande Momentum Oscillator (20): | -0.01 | |
Repulse (5,40,3): | -0.9000 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0200 | |
Courbe Coppock: | 0.86 |
MA7: | 1.08 | |
MA20: | 1.07 | |
MA50: | 1.06 | |
MA100: | 1.06 | |
MAexp7: | 1.09 | |
MAexp20: | 1.09 | |
MAexp50: | 1.09 | |
MAexp100: | 1.09 | |
Price / MA7: | +0.93% | |
Price / MA20: | +1.87% | |
Price / MA50: | +2.83% | |
Price / MA100: | +2.83% | |
Price / MAexp7: | -0% | |
Price / MAexp20: | -0% | |
Price / MAexp50: | -0% | |
Price / MAexp100: | -0% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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