ETHEREUM - ETH/USDT - 1H - Technical analysis published on 04/02/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
39%
11%
50%
My opinion
Bullish above 1,955.15 USDT
My targets
2,094.24 USDT (+5.04%)
My analysis
ETHEREUM - ETH/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1,955.15 USDT. The next resistance located at 2,094.24 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7
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This analysis was given by abuabbas. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ETHEREUM - ETH/USDT rating is 1,993.67 USDT. The price registered an increase of +1.29% on the session and was between 1,949.57 USDT and 2,009.44 USDT. This implies that the price is at +2.26% from its lowest and at -0.78% from its highest.1,949.57
2,009.44
1,993.67
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
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:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ETHEREUM - ETH/USDT chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish 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, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
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:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Black evening star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 1,774.07 | 1,906.09 | 1,955.15 | 1,993.67 |
| Change (%) | -11.01% | -4.39% | -1.93% | - |
| Change | -219.60 | -87.58 | -38.52 | - |
| Level | Intermediate | Minor | Major | - |
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 | 1,843.60 | 1,874.30 | 1,921.33 | 1,952.03 | 1,999.06 | 2,029.76 | 2,076.79 |
| Camarilla | 1,946.97 | 1,954.10 | 1,961.23 | 1,968.35 | 1,975.48 | 1,982.60 | 1,989.73 |
| Woodie | 1,851.76 | 1,878.38 | 1,929.49 | 1,956.11 | 2,007.22 | 2,033.84 | 2,084.95 |
| Fibonacci | 1,874.30 | 1,904.00 | 1,922.34 | 1,952.03 | 1,981.73 | 2,000.07 | 2,029.76 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,313.97 | 1,435.19 | 1,574.06 | 1,695.28 | 1,834.15 | 1,955.37 | 2,094.24 |
| Camarilla | 1,641.42 | 1,665.26 | 1,689.10 | 1,712.94 | 1,736.78 | 1,760.62 | 1,784.47 |
| Woodie | 1,322.81 | 1,439.60 | 1,582.90 | 1,699.69 | 1,842.99 | 1,959.78 | 2,103.08 |
| Fibonacci | 1,435.19 | 1,534.54 | 1,595.92 | 1,695.28 | 1,794.63 | 1,856.01 | 1,955.37 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,034.86 | 1,222.47 | 1,570.58 | 1,758.19 | 2,106.30 | 2,293.91 | 2,642.02 |
| Camarilla | 1,771.36 | 1,820.47 | 1,869.57 | 1,918.68 | 1,967.79 | 2,016.90 | 2,066.00 |
| Woodie | 1,115.10 | 1,262.60 | 1,650.82 | 1,798.32 | 2,186.54 | 2,334.04 | 2,722.26 |
| Fibonacci | 1,222.47 | 1,427.12 | 1,553.55 | 1,758.19 | 1,962.84 | 2,089.27 | 2,293.91 |
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): | 64.67 | |
| MACD (12,26,9): | 19.1200 | |
| Directional Movement: | 4.83 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 2,002.20 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,968.52 | |
| Elder Ray (13): | 5.68 | |
| Super Trend (3,10): | 1,945.01 | |
| Zig ZAG (10): | 1,993.22 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 72.82 | |
| TEMA (21): | 2,000.83 | |
| Williams %R (14): | -28.33 | |
| Chande Momentum Oscillator (20): | 21.29 | |
| Repulse (5,40,3): | -0.3000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1500 | |
| Courbe Coppock: | 3.41 |
| MA7: | 1,847.27 | |
| MA20: | 1,779.90 | |
| MA50: | 1,740.63 | |
| MA100: | 1,479.76 | |
| MAexp7: | 1,989.85 | |
| MAexp20: | 1,975.23 | |
| MAexp50: | 1,934.84 | |
| MAexp100: | 1,880.58 | |
| Price / MA7: | +7.93% | |
| Price / MA20: | +12.01% | |
| Price / MA50: | +14.54% | |
| Price / MA100: | +34.73% | |
| Price / MAexp7: | +0.19% | |
| Price / MAexp20: | +0.93% | |
| Price / MAexp50: | +3.04% | |
| Price / MAexp100: | +6.01% |
Quotes :
2021-04-02 09:45:00
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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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