ETHEREUM - ETH/USD - 15 min. - Technical analysis published on 12/27/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 3,381.69 USD
My targets
3,461.69 USD (+1.23%)
3,592.10 USD (+5.05%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on ETHEREUM - ETH/USD as long as the price remains well above 3,381.69 USD. The buyers' bullish objective is set at 3,461.69 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3,592.10 USD. If there is any crossing, the next objective would be the resistance located at 3,672.10 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
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
4.8
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Additional analysis
Quotes
The ETHEREUM - ETH/USD price is 3,419.56 USD. On the day, this instrument gained +2.65% and was traded between 3,313.47 USD and 3,436.96 USD over the period. The price is currently at +3.20% from its lowest and -0.51% from its highest.3,313.47
3,436.96
3,419.56
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 15 min. of this ETHEREUM - ETH/USD chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
In fact, 10 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3,215.52 | 3,292.31 | 3,375.73 | 3,419.56 | 3,437.00 | 3,536.38 | 3,718.27 |
| Change (%) | -5.97% | -3.72% | -1.28% | - | +0.51% | +3.42% | +8.74% |
| Change | -204.04 | -127.25 | -43.83 | - | +17.44 | +116.82 | +298.71 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Major | 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 | 3,040.87 | 3,171.28 | 3,251.28 | 3,381.69 | 3,461.69 | 3,592.10 | 3,672.10 |
| Camarilla | 3,273.42 | 3,292.71 | 3,311.99 | 3,331.28 | 3,350.57 | 3,369.86 | 3,389.14 |
| Woodie | 3,015.67 | 3,158.68 | 3,226.08 | 3,369.09 | 3,436.49 | 3,579.50 | 3,646.90 |
| Fibonacci | 3,171.28 | 3,251.66 | 3,301.31 | 3,381.69 | 3,462.07 | 3,511.72 | 3,592.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,909.15 | 2,503.21 | 2,920.21 | 3,514.27 | 3,931.27 | 4,525.33 | 4,942.33 |
| Camarilla | 3,059.16 | 3,151.84 | 3,244.52 | 3,337.20 | 3,429.88 | 3,522.56 | 3,615.24 |
| Woodie | 1,820.61 | 2,458.95 | 2,831.67 | 3,470.01 | 3,842.73 | 4,481.07 | 4,853.79 |
| Fibonacci | 2,503.21 | 2,889.44 | 3,128.05 | 3,514.27 | 3,900.50 | 4,139.11 | 4,525.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,298.76 | 2,594.08 | 3,150.11 | 3,445.43 | 4,001.46 | 4,296.78 | 4,852.81 |
| Camarilla | 3,472.01 | 3,550.05 | 3,628.09 | 3,706.13 | 3,784.17 | 3,862.21 | 3,940.25 |
| Woodie | 2,429.11 | 2,659.26 | 3,280.46 | 3,510.61 | 4,131.81 | 4,361.96 | 4,983.16 |
| Fibonacci | 2,594.08 | 2,919.30 | 3,120.22 | 3,445.43 | 3,770.65 | 3,971.57 | 4,296.78 |
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): | 60.21 | |
| MACD (12,26,9): | 3.1800 | |
| Directional Movement: | 18.33 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 3,370.17 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,314.05 | |
| Elder Ray (13): | 26.81 | |
| Super Trend (3,10): | 3,322.80 | |
| Zig ZAG (10): | 3,423.60 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 76.24 | |
| TEMA (21): | 3,382.47 | |
| Williams %R (14): | -15.78 | |
| Chande Momentum Oscillator (20): | 47.28 | |
| Repulse (5,40,3): | 1.9900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.09 |
| MA7: | 3,395.52 | |
| MA20: | 3,645.20 | |
| MA50: | 3,501.95 | |
| MA100: | 3,024.29 | |
| MAexp7: | 3,384.10 | |
| MAexp20: | 3,360.82 | |
| MAexp50: | 3,359.40 | |
| MAexp100: | 3,368.90 | |
| Price / MA7: | +0.71% | |
| Price / MA20: | -6.19% | |
| Price / MA50: | -2.35% | |
| Price / MA100: | +13.07% | |
| Price / MAexp7: | +1.05% | |
| Price / MAexp20: | +1.75% | |
| Price / MAexp50: | +1.79% | |
| Price / MAexp100: | +1.50% |
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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