ETHEREUM - ETH/USD - 1H - Technical analysis published on 06/09/2020 (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
Court terme:
Neutral
De fond:
Bullish
Technical indicators
44%
6%
50%
My opinion
Bullish above 238.16 USD
My targets
246.62 USD (+1.39%)
253.30 USD (+4.14%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ETHEREUM - ETH/USD. As long as you are above the support located at 238.16 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 246.62 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 253.30 USD as an objective. Crossing it would then enable buyers to target 285.66 USD. If the support 238.16 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
5.2
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Additional analysis
Quotes
The ETHEREUM - ETH/USD rating is 243.24 USD. The price registered a decrease of -1.34% on the session and was traded between 239.11 USD and 249.89 USD over the period. The price is currently at +1.73% from its lowest and -2.66% from its highest.239.11
249.89
243.24
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ETHEREUM - ETH/USD:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of ETHEREUM - ETH/USD in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 225.70 | 235.06 | 238.16 | 243.24 | 244.37 | 246.62 | 253.30 |
| Change (%) | -7.21% | -3.36% | -2.09% | - | +0.46% | +1.39% | +4.14% |
| Change | -17.54 | -8.18 | -5.08 | - | +1.13 | +3.38 | +10.06 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
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 | 236.16 | 238.67 | 242.60 | 245.11 | 249.04 | 251.55 | 255.48 |
| Camarilla | 244.76 | 245.35 | 245.94 | 246.53 | 247.12 | 247.71 | 248.30 |
| Woodie | 236.87 | 239.03 | 243.31 | 245.47 | 249.75 | 251.91 | 256.19 |
| Fibonacci | 238.67 | 241.13 | 242.65 | 245.11 | 247.57 | 249.09 | 251.55 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 199.82 | 212.76 | 227.42 | 240.36 | 255.02 | 267.96 | 282.62 |
| Camarilla | 234.49 | 237.02 | 239.55 | 242.08 | 244.61 | 247.14 | 249.67 |
| Woodie | 200.68 | 213.19 | 228.28 | 240.79 | 255.88 | 268.39 | 283.48 |
| Fibonacci | 212.76 | 223.30 | 229.82 | 240.36 | 250.90 | 257.42 | 267.96 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 119.58 | 148.07 | 189.84 | 218.33 | 260.10 | 288.59 | 330.36 |
| Camarilla | 212.28 | 218.72 | 225.16 | 231.60 | 238.04 | 244.48 | 250.92 |
| Woodie | 126.21 | 151.39 | 196.47 | 221.65 | 266.73 | 291.91 | 336.99 |
| Fibonacci | 148.07 | 174.91 | 191.49 | 218.33 | 245.17 | 261.75 | 288.59 |
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): | 48.21 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | -10.70 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 243.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 247.23 | |
| Elder Ray (13): | -0.05 | |
| Super Trend (3,10): | 242.46 | |
| Zig ZAG (10): | 243.26 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 50.33 | |
| TEMA (21): | 243.21 | |
| Williams %R (14): | -41.42 | |
| Chande Momentum Oscillator (20): | 0.05 | |
| Repulse (5,40,3): | -0.0200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.64 |
| MA7: | 243.51 | |
| MA20: | 226.61 | |
| MA50: | 211.17 | |
| MA100: | 185.24 | |
| MAexp7: | 243.31 | |
| MAexp20: | 243.37 | |
| MAexp50: | 242.99 | |
| MAexp100: | 242.42 | |
| Price / MA7: | -0.11% | |
| Price / MA20: | +7.34% | |
| Price / MA50: | +15.19% | |
| Price / MA100: | +31.31% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | -0.05% | |
| Price / MAexp50: | +0.10% | |
| Price / MAexp100: | +0.34% |
Quotes :
2020-06-09 16:06:40
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Real time data
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Cryptocompare
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