ETHEREUM - ETH/USD - 1H - Technical analysis published on 07/17/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
61%
0%
39%
My opinion
Bearish under 1,939.64 USD
My targets
1,866.22 USD (-2.51%)
1,612.31 USD (-15.78%)
My analysis
The basic trend is bearish on ETHEREUM - ETH/USD and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 1,939.64 USD. Buyers would then use the next resistance located at 2,039.46 USD as an objective. Crossing it would then enable buyers to target 2,097.48 USD. If there is a return to below the support located at 1,866.22 USD, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 1,612.31 USD and 1,415.79 USD by extension.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0
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Additional analysis
Quotes
The ETHEREUM - ETH/USD price is 1,914.30 USD. The price registered an increase of +2.01% on the session with the lowest point at 1,849.77 USD and the highest point at 1,915.50 USD. The deviation from the price is +3.49% for the low point and -0.06% for the high point.1,849.77
1,915.50
1,914.30
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.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this ETHEREUM - ETH/USD chart shows a bearish trend. The signals given by moving averages are at 67.86% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. 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
In fact, 11 technical indicators on 18 studied are currently bullish. 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
RSI 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 this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,108.06 | 1,415.79 | 1,866.22 | 1,914.30 | 1,939.64 | 2,039.46 | 2,097.48 |
| Change (%) | -42.12% | -26.04% | -2.51% | - | +1.32% | +6.54% | +9.57% |
| Change | -806.24 | -498.51 | -48.08 | - | +25.34 | +125.16 | +183.18 |
| Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | Major |
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 | 1,714.87 | 1,782.38 | 1,829.47 | 1,896.98 | 1,944.07 | 2,011.58 | 2,058.67 |
| Camarilla | 1,845.05 | 1,855.55 | 1,866.06 | 1,876.56 | 1,887.07 | 1,897.57 | 1,908.08 |
| Woodie | 1,704.66 | 1,777.28 | 1,819.26 | 1,891.88 | 1,933.86 | 2,006.48 | 2,048.46 |
| Fibonacci | 1,782.38 | 1,826.16 | 1,853.20 | 1,896.98 | 1,940.76 | 1,967.80 | 2,011.58 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,612.31 | 1,830.62 | 1,970.60 | 2,188.91 | 2,328.89 | 2,547.20 | 2,687.18 |
| Camarilla | 2,012.04 | 2,044.88 | 2,077.73 | 2,110.57 | 2,143.41 | 2,176.26 | 2,209.10 |
| Woodie | 1,573.14 | 1,811.04 | 1,931.43 | 2,169.33 | 2,289.72 | 2,527.62 | 2,648.01 |
| Fibonacci | 1,830.62 | 1,967.49 | 2,052.05 | 2,188.91 | 2,325.78 | 2,410.34 | 2,547.20 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 500.36 | 1,100.73 | 1,688.13 | 2,288.50 | 2,875.90 | 3,476.27 | 4,063.67 |
| Camarilla | 1,948.88 | 2,057.76 | 2,166.64 | 2,275.52 | 2,384.40 | 2,493.28 | 2,602.16 |
| Woodie | 493.87 | 1,097.49 | 1,681.64 | 2,285.26 | 2,869.41 | 3,473.03 | 4,057.18 |
| Fibonacci | 1,100.73 | 1,554.46 | 1,834.78 | 2,288.50 | 2,742.23 | 3,022.55 | 3,476.27 |
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): | 49.39 | |
| MACD (12,26,9): | -6.1900 | |
| Directional Movement: | 0.79 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 1,874.55 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,851.51 | |
| Elder Ray (13): | 5.86 | |
| Super Trend (3,10): | 1,853.60 | |
| Zig ZAG (10): | 1,887.14 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 61.73 | |
| TEMA (21): | 1,878.57 | |
| Williams %R (14): | -43.23 | |
| Chande Momentum Oscillator (20): | 2.80 | |
| Repulse (5,40,3): | 0.1800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 0.07 |
| MA7: | 1,969.71 | |
| MA20: | 2,116.74 | |
| MA50: | 2,264.10 | |
| MA100: | 2,555.69 | |
| MAexp7: | 1,882.46 | |
| MAexp20: | 1,883.80 | |
| MAexp50: | 1,901.02 | |
| MAexp100: | 1,936.02 | |
| Price / MA7: | -2.81% | |
| Price / MA20: | -9.56% | |
| Price / MA50: | -15.45% | |
| Price / MA100: | -25.10% | |
| Price / MAexp7: | +1.69% | |
| Price / MAexp20: | +1.62% | |
| Price / MAexp50: | +0.70% | |
| Price / MAexp100: | -1.12% |
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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