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

ETHEREUM - ETH/USD - 1H - Technical analysis published on 01/23/2022 (GMT)

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Londinia
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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
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 2,507.38 USD
My targets
2,014.43 USD (-17.54%)
1,790.53 USD (-26.71%)
My analysis
The bearish basic trend is very strong on ETHEREUM - ETH/USD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 2,507.38 USD. Crossing the first support at 2,014.43 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 1,790.53 USD as an objective. Crossing it would then enable sellers to target 311.86 USD. Caution, a return to above the resistance located at 2,507.38 USD would be a sign of a possible consolidation phase of the short-term basic trend. 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 bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
6.4

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.

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

Additional analysis

Quotes

The ETHEREUM - ETH/USD rating is 2,443.04 USD. The price registered an increase of +1.25% on the session with the lowest point at 2,388.22 USD and the highest point at 2,549.54 USD. The deviation from the price is +2.30% for the low point and -4.18% for the high point.

2,388.22
2,549.54
2,443.04

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of ETHEREUM - ETH/USD in 1H shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, only 9 technical indicators out of 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is oversold : under 20

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 311.86 1,790.53 2,443.04 2,507.38 2,763.12 3,080.07
Change (%) -87.23% -26.71% - +2.63% +13.10% +26.08%
Change -2,131.18 -652.51 - +64.34 +320.08 +637.03
Level Minor Intermediate - Minor Major 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
Standard1,948.092,126.002,269.472,447.382,590.852,768.762,912.23
Camarilla2,324.552,354.012,383.472,412.932,442.392,471.852,501.31
Woodie1,930.862,117.392,252.242,438.772,573.622,760.152,895.00
Fibonacci2,126.002,248.772,324.622,447.382,570.152,646.002,768.76


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard927.951,615.942,014.432,702.423,100.913,788.904,187.39
Camarilla2,114.152,213.742,313.342,412.932,512.522,612.122,711.71
Woodie783.211,543.571,869.692,630.052,956.173,716.534,042.65
Fibonacci1,615.942,030.972,287.382,702.423,117.453,373.863,788.90


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,445.993,016.763,346.913,917.684,247.834,818.605,148.75
Camarilla3,429.323,511.903,594.493,677.073,759.653,842.243,924.82
Woodie2,325.692,956.613,226.613,857.534,127.534,758.455,028.45
Fibonacci3,016.763,360.913,573.533,917.684,261.834,474.454,818.60

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 43.34
MACD (12,26,9): -11.2900
Directional Movement: -8.32
AROON (14): 42.86
DEMA (21): 2,445.17
Parabolic SAR (0,02-0,02-0,2): 2,541.16
Elder Ray (13): -29.10
Super Trend (3,10): 2,555.92
Zig ZAG (10): 2,436.86
VORTEX (21): 1.0100
Stochastique (14,3,5): 24.13
TEMA (21): 2,477.20
Williams %R (14): -78.22
Chande Momentum Oscillator (20): -32.36
Repulse (5,40,3): -0.7000
ROCnROLL: 2
TRIX (15,9): -0.0400
Courbe Coppock: 2.81
MA7: 2,840.20
MA20: 3,147.74
MA50: 3,646.97
MA100: 3,984.44
MAexp7: 2,453.46
MAexp20: 2,462.49
MAexp50: 2,540.29
MAexp100: 2,700.85
Price / MA7: -13.98%
Price / MA20: -22.39%
Price / MA50: -33.01%
Price / MA100: -38.69%
Price / MAexp7: -0.42%
Price / MAexp20: -0.79%
Price / MAexp50: -3.83%
Price / MAexp100: -9.55%

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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