ETHEREUM - ETH/USDT - 1H - Technical analysis published on 01/29/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 3,206.24 USDT
My targets
3,024.56 USDT (-3.22%)
2,882.08 USDT (-7.78%)
My analysis
ETHEREUM - ETH/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 3,206.24 USDT. The next support located at 3,024.56 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 2,882.08 USDT. Below this support, sellers could then target 2,569.52 USDT. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.1
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This analysis was given by Lukas. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ETHEREUM - ETH/USDT rating is 3,125.07 USDT. On the day, this instrument gained +1.49% and was traded between 3,077.50 USDT and 3,138.97 USDT over the period. The price is currently at +1.55% from its lowest and -0.44% from its highest.3,077.50
3,138.97
3,125.07
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this ETHEREUM - ETH/USDT chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2,569.52 | 2,882.08 | 3,024.56 | 3,125.07 | 3,136.97 | 3,206.24 | 3,272.33 |
| Change (%) | -17.78% | -7.78% | -3.22% | - | +0.38% | +2.60% | +4.71% |
| Change | -555.55 | -242.99 | -100.51 | - | +11.90 | +81.17 | +147.26 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 2,839.63 | 2,944.98 | 3,012.07 | 3,117.42 | 3,184.51 | 3,289.86 | 3,356.95 |
| Camarilla | 3,031.73 | 3,047.54 | 3,063.34 | 3,079.15 | 3,094.96 | 3,110.76 | 3,126.57 |
| Woodie | 2,820.49 | 2,935.42 | 2,992.93 | 3,107.86 | 3,165.37 | 3,280.30 | 3,337.81 |
| Fibonacci | 2,944.98 | 3,010.86 | 3,051.55 | 3,117.42 | 3,183.30 | 3,223.99 | 3,289.86 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,842.25 | 2,988.78 | 3,152.71 | 3,299.24 | 3,463.17 | 3,609.70 | 3,773.63 |
| Camarilla | 3,231.27 | 3,259.73 | 3,288.19 | 3,316.65 | 3,345.11 | 3,373.57 | 3,402.03 |
| Woodie | 2,850.96 | 2,993.13 | 3,161.42 | 3,303.59 | 3,471.88 | 3,614.05 | 3,782.34 |
| Fibonacci | 2,988.78 | 3,107.37 | 3,180.64 | 3,299.24 | 3,417.83 | 3,491.10 | 3,609.70 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,932.20 | 2,519.01 | 2,929.61 | 3,516.42 | 3,927.02 | 4,513.83 | 4,924.43 |
| Camarilla | 3,065.93 | 3,157.36 | 3,248.79 | 3,340.22 | 3,431.65 | 3,523.08 | 3,614.51 |
| Woodie | 1,844.11 | 2,474.96 | 2,841.52 | 3,472.37 | 3,838.93 | 4,469.78 | 4,836.34 |
| Fibonacci | 2,519.01 | 2,900.02 | 3,135.41 | 3,516.42 | 3,897.43 | 4,132.82 | 4,513.83 |
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): | 45.65 | |
| MACD (12,26,9): | -14.8300 | |
| Directional Movement: | -5.35 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 3,110.84 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,161.25 | |
| Elder Ray (13): | 4.67 | |
| Super Trend (3,10): | 3,170.37 | |
| Zig ZAG (10): | 3,120.46 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 50.89 | |
| TEMA (21): | 3,107.05 | |
| Williams %R (14): | -47.26 | |
| Chande Momentum Oscillator (20): | -44.81 | |
| Repulse (5,40,3): | -0.2800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 3.92 |
| MA7: | 3,225.60 | |
| MA20: | 3,267.76 | |
| MA50: | 3,433.96 | |
| MA100: | 3,285.32 | |
| MAexp7: | 3,117.53 | |
| MAexp20: | 3,130.12 | |
| MAexp50: | 3,159.49 | |
| MAexp100: | 3,199.38 | |
| Price / MA7: | -3.12% | |
| Price / MA20: | -4.37% | |
| Price / MA50: | -9.00% | |
| Price / MA100: | -4.88% | |
| Price / MAexp7: | +0.24% | |
| Price / MAexp20: | -0.16% | |
| Price / MAexp50: | -1.09% | |
| Price / MAexp100: | -2.32% |
Quotes :
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Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
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