ETHEREUMPOW - ETHW/USDT - 1H - Technical analysis published on 04/23/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 4.08 USDT
My targets
3.85 USDT (-3.27%)
3.65 USDT (-8.29%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ETHEREUM POW - ETHW/USDT as long as the price remains well below 4.08 USDT. The sellers' bearish objective is set at 3.85 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.65 USDT. In case of crossing, the next objective would be the support located at 3.53 USDT.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.8
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This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ETHEREUM POW - ETHW/USDT price is 3.98 USDT. The price registered a decrease of -3.16% on the session and was between 3.93 USDT and 4.15 USDT. This implies that the price is at +1.27% from its lowest and at -4.10% from its highest.3.93
4.15
3.98
Here is a more detailed summary of the historical variations registered by ETHEREUM POW - ETHW/USDT:
Technical
A technical analysis in 1H of this ETHEREUM POW - ETHW/USDT chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 4 are neutral and 10 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
White gravestone / inverted hammer
Type : Neutral
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.53 | 3.65 | 3.85 | 3.98 | 4.08 | 4.18 | 4.27 |
| Change (%) | -11.31% | -8.29% | -3.27% | - | +2.51% | +5.03% | +7.29% |
| Change | -0.45 | -0.33 | -0.13 | - | +0.10 | +0.20 | +0.29 |
| Level | Intermediate | Intermediate | Minor | - | Major | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 3.87 | 3.94 | 4.03 | 4.10 | 4.19 | 4.26 | 4.35 |
| Camarilla | 4.07 | 4.08 | 4.10 | 4.11 | 4.13 | 4.14 | 4.15 |
| Woodie | 3.87 | 3.95 | 4.03 | 4.11 | 4.19 | 4.27 | 4.35 |
| Fibonacci | 3.94 | 4.00 | 4.04 | 4.10 | 4.16 | 4.20 | 4.26 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.67 | 3.01 | 3.66 | 4.00 | 4.65 | 4.99 | 5.64 |
| Camarilla | 4.03 | 4.12 | 4.21 | 4.30 | 4.39 | 4.48 | 4.57 |
| Woodie | 2.82 | 3.09 | 3.81 | 4.08 | 4.80 | 5.07 | 5.79 |
| Fibonacci | 3.01 | 3.39 | 3.63 | 4.00 | 4.38 | 4.62 | 4.99 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.56 | 2.39 | 3.69 | 4.52 | 5.82 | 6.65 | 7.95 |
| Camarilla | 4.41 | 4.61 | 4.81 | 5.00 | 5.20 | 5.39 | 5.59 |
| Woodie | 1.81 | 2.51 | 3.94 | 4.64 | 6.07 | 6.77 | 8.20 |
| Fibonacci | 2.39 | 3.20 | 3.70 | 4.52 | 5.33 | 5.83 | 6.65 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 40.35 | |
| MACD (12,26,9): | -0.0300 | |
| Directional Movement: | -12.37 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 4.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.09 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 4.12 | |
| Zig ZAG (10): | 3.99 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 20.15 | |
| TEMA (21): | 3.98 | |
| Williams %R (14): | -75.28 | |
| Chande Momentum Oscillator (20): | -0.10 | |
| Repulse (5,40,3): | -0.3800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 4.65 |
| MA7: | 3.98 | |
| MA20: | 4.29 | |
| MA50: | 4.25 | |
| MA100: | 3.57 | |
| MAexp7: | 4.00 | |
| MAexp20: | 4.04 | |
| MAexp50: | 4.06 | |
| MAexp100: | 4.03 | |
| Price / MA7: | -0% | |
| Price / MA20: | -7.23% | |
| Price / MA50: | -6.35% | |
| Price / MA100: | +11.48% | |
| Price / MAexp7: | -0.50% | |
| Price / MAexp20: | -1.49% | |
| Price / MAexp50: | -1.97% | |
| Price / MAexp100: | -1.24% |
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.
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