ETHEREUM - ETH/USDT - Daily - Technical analysis published on 04/08/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 2,974.12 USDT
My targets
3,692.57 USDT (+12.71%)
3,782.31 USDT (+15.45%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ETHEREUM - ETH/USDT as long as the price remains well above 2,974.12 USDT. The buyers' bullish objective is set at 3,692.57 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3,782.31 USDT. If there is any crossing, the next objective would be the resistance located at 4,170.72 USDT.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
4.5
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Additional analysis
Quotes
The ETHEREUM - ETH/USDT price is 3,276.11 USDT. The price registered an increase of +1.47% on the session and was between 3,216.82 USDT and 3,309.79 USDT. This implies that the price is at +1.84% from its lowest and at -1.02% from its highest.3,216.82
3,309.79
3,276.11
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this ETHEREUM - ETH/USDT chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 6 are bullish, 7 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2,411.10 | 2,974.12 | 3,243.67 | 3,276.11 | 3,782.31 | 4,170.72 | 4,808.26 |
| Change (%) | -26.40% | -9.22% | -0.99% | - | +15.45% | +27.31% | +46.77% |
| Change | -865.01 | -301.99 | -32.44 | - | +506.20 | +894.61 | +1,532.15 |
| Level | Major | Intermediate | Major | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,037.53 | 3,091.28 | 3,160.03 | 3,213.78 | 3,282.53 | 3,336.28 | 3,405.03 |
| Camarilla | 3,195.08 | 3,206.31 | 3,217.54 | 3,228.77 | 3,240.00 | 3,251.23 | 3,262.46 |
| Woodie | 3,045.02 | 3,095.03 | 3,167.52 | 3,217.53 | 3,290.02 | 3,340.03 | 3,412.52 |
| Fibonacci | 3,091.28 | 3,138.08 | 3,166.99 | 3,213.78 | 3,260.58 | 3,289.49 | 3,336.28 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,801.87 | 2,964.21 | 3,203.41 | 3,365.75 | 3,604.95 | 3,767.29 | 4,006.49 |
| Camarilla | 3,332.18 | 3,368.98 | 3,405.79 | 3,442.60 | 3,479.41 | 3,516.22 | 3,553.02 |
| Woodie | 2,840.29 | 2,983.43 | 3,241.83 | 3,384.97 | 3,643.37 | 3,786.51 | 4,044.91 |
| Fibonacci | 2,964.21 | 3,117.60 | 3,212.37 | 3,365.75 | 3,519.14 | 3,613.91 | 3,767.29 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,627.27 | 2,037.42 | 2,659.92 | 3,070.07 | 3,692.57 | 4,102.72 | 4,725.22 |
| Camarilla | 2,998.44 | 3,093.10 | 3,187.76 | 3,282.42 | 3,377.08 | 3,471.74 | 3,566.40 |
| Woodie | 1,733.45 | 2,090.51 | 2,766.10 | 3,123.16 | 3,798.75 | 4,155.81 | 4,831.40 |
| Fibonacci | 2,037.42 | 2,431.89 | 2,675.60 | 3,070.07 | 3,464.54 | 3,708.25 | 4,102.72 |
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): | 55.73 | |
| MACD (12,26,9): | 124.5100 | |
| Directional Movement: | 1.77 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 3,398.32 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,553.66 | |
| Elder Ray (13): | -26.43 | |
| Super Trend (3,10): | 3,053.82 | |
| Zig ZAG (10): | 3,280.80 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 32.34 | |
| TEMA (21): | 3,439.65 | |
| Williams %R (14): | -61.04 | |
| Chande Momentum Oscillator (20): | -17.19 | |
| Repulse (5,40,3): | -1.9500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.7700 | |
| Courbe Coppock: | 18.44 |
| MA7: | 3,366.33 | |
| MA20: | 3,242.52 | |
| MA50: | 2,916.28 | |
| MA100: | 2,984.64 | |
| MAexp7: | 3,312.05 | |
| MAexp20: | 3,225.61 | |
| MAexp50: | 3,072.48 | |
| MAexp100: | 3,119.13 | |
| Price / MA7: | -2.68% | |
| Price / MA20: | +1.04% | |
| Price / MA50: | +12.34% | |
| Price / MA100: | +9.77% | |
| Price / MAexp7: | -1.09% | |
| Price / MAexp20: | +1.57% | |
| Price / MAexp50: | +6.63% | |
| Price / MAexp100: | +5.03% |
Quotes :
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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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