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ETHEREUM - ETH/USDT
ETHEREUM - ETH/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: ETHUSDT
ISIN:

ETHEREUM - ETH/USDT - 1H - Technical analysis published on 04/28/2021 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 2,675.98 USDT
My targets
2,921.27 USDT (+8.50%)
3,205.02 USDT (+19.03%)
My analysis
The bullish trend is currently very strong on ETHEREUM - ETH/USDT. As long as the price remains above the support at 2,675.98 USDT, you could try to benefit from the boom. The first bullish objective is located at 2,921.27 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3,205.02 USDT as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

Keums91
This analysis was given by Keums91. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

The ETHEREUM - ETH/USDT price is 2,692.51 USDT. The price has increased by +1.01% since the last closing and was traded between 2,567.02 USDT and 2,714.68 USDT over the period. The price is currently at +4.89% from its lowest and -0.82% from its highest.

2,567.02
2,714.68
2,692.51

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

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. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, 11 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 2,429.77 2,513.66 2,675.98 2,692.51
Change (%) -9.76% -6.64% -0.61% -
Change -262.74 -178.85 -16.53 -
Level Intermediate 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
Standard2,347.122,414.982,540.252,608.112,733.382,801.242,926.51
Camarilla2,612.402,630.102,647.812,665.512,683.212,700.922,718.62
Woodie2,375.822,429.332,568.952,622.462,762.082,815.592,955.21
Fibonacci2,414.982,488.762,534.342,608.112,681.892,727.472,801.24


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,292.761,646.431,930.182,283.852,567.602,921.273,205.02
Camarilla2,038.652,097.082,155.512,213.942,272.372,330.802,389.23
Woodie1,257.811,628.951,895.232,266.372,532.652,903.793,170.07
Fibonacci1,646.431,889.922,040.352,283.852,527.342,677.772,921.27


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,278.711,417.551,668.121,806.962,057.532,196.372,446.94
Camarilla1,811.591,847.291,882.981,918.681,954.381,990.072,025.77
Woodie1,334.571,445.481,723.981,834.892,113.392,224.302,502.80
Fibonacci1,417.551,566.311,658.211,806.961,955.722,047.622,196.37

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): 60.41
MACD (12,26,9): 15.9500
Directional Movement: 8.81
AROON (14): -35.72
DEMA (21): 2,649.89
Parabolic SAR (0,02-0,02-0,2): 2,567.02
Elder Ray (13): 26.70
Super Trend (3,10): 2,696.52
Zig ZAG (10): 2,669.94
VORTEX (21): 1.0100
Stochastique (14,3,5): 49.58
TEMA (21): 2,635.10
Williams %R (14): -21.62
Chande Momentum Oscillator (20): 19.77
Repulse (5,40,3): 3.5900
ROCnROLL: 1
TRIX (15,9): 0.1300
Courbe Coppock: 1.56
MA7: 2,456.66
MA20: 2,337.57
MA50: 2,042.88
MA100: 1,814.87
MAexp7: 2,639.46
MAexp20: 2,623.32
MAexp50: 2,567.15
MAexp100: 2,489.96
Price / MA7: +9.60%
Price / MA20: +15.18%
Price / MA50: +31.80%
Price / MA100: +48.36%
Price / MAexp7: +2.01%
Price / MAexp20: +2.64%
Price / MAexp50: +4.88%
Price / MAexp100: +8.13%

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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