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ETHEREUMPOW - ETHW/USDT
ETHEREUMPOW - ETHW/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: ETHWUSDT
ISIN:

ETHEREUMPOW - ETHW/USDT - 1H - Technical analysis published on 02/21/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 4.05 USDT
My targets
4.15 USDT (+0.73%)
4.23 USDT (+2.67%)
My analysis
The basic bullish trend is very strong on ETHEREUM POW - ETHW/USDT 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 4.05 USDT. Crossing the first resistance at 4.15 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 4.23 USDT as an objective. Crossing it would then enable buyers to target 6.06 USDT. Caution, a return to below 4.05 USDT 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7

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.

finacian
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Daily Weekly

Additional analysis

Quotes

The ETHEREUM POW - ETHW/USDT rating is 4.12 USDT. The price registered an increase of +2.23% on the session with the lowest point at 3.85 USDT and the highest point at 4.20 USDT. The deviation from the price is +7.01% for the low point and -1.90% for the high point.

3.85
4.20
4.12

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes on ETHEREUM POW - ETHW/USDT were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of ETHEREUM POW - ETHW/USDT indicates that the overall trend is strongly bullish. The signals given by moving averages are 82.14% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour



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:

Central Patterns

Near support of triangle

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 3.82 3.93 4.05 4.12 4.15 4.23 6.06
Change (%) -7.28% -4.61% -1.70% - +0.73% +2.67% +47.09%
Change -0.30 -0.19 -0.07 - +0.03 +0.11 +1.94
Level Major Minor Intermediate - Intermediate Minor Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.653.743.883.974.114.204.34
Camarilla3.973.994.014.034.054.074.09
Woodie3.693.753.923.984.154.214.38
Fibonacci3.743.833.883.974.064.114.20


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.853.173.583.904.314.635.04
Camarilla3.783.853.913.984.054.114.18
Woodie2.893.193.623.924.354.655.08
Fibonacci3.173.453.623.904.184.354.63


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.742.363.073.694.405.025.73
Camarilla3.413.543.663.783.904.024.15
Woodie1.792.383.123.714.455.045.78
Fibonacci2.362.873.183.694.204.515.02

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): 65.67
MACD (12,26,9): 0.0100
Directional Movement: 13.86
AROON (14): 28.57
DEMA (21): 4.02
Parabolic SAR (0,02-0,02-0,2): 3.86
Elder Ray (13): 0.14
Super Trend (3,10): 3.89
Zig ZAG (10): 4.16
VORTEX (21): 1.0700
Stochastique (14,3,5): 65.87
TEMA (21): 4.02
Williams %R (14): -20.52
Chande Momentum Oscillator (20): 0.05
Repulse (5,40,3): 3.2600
ROCnROLL: 1
TRIX (15,9): -0.0200
Courbe Coppock: 2.32
MA7: 3.97
MA20: 4.05
MA50: 3.82
MA100: 3.60
MAexp7: 4.02
MAexp20: 4.00
MAexp50: 4.00
MAexp100: 3.98
Price / MA7: +3.78%
Price / MA20: +1.73%
Price / MA50: +7.85%
Price / MA100: +14.44%
Price / MAexp7: +2.49%
Price / MAexp20: +3.00%
Price / MAexp50: +3.00%
Price / MAexp100: +3.52%

Quotes : - Real time data - Cryptocompare

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

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Londinia AI

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