ETHEREUM - ETH/USD - 1H - Technical analysis published on 01/24/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 3,298.87 USD
My targets
3,445.34 USD (+1.96%)
3,484.78 USD (+3.13%)
My analysis
The bullish trend is currently very strong on ETHEREUM - ETH/USD. As long as the price remains above the support at 3,298.87 USD, you could try to benefit from the boom. The first bullish objective is located at 3,445.34 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3,484.78 USD as an objective. Crossing it would then enable buyers to target 3,526.46 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
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
7.9
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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/USD price is 3,379.17 USD. On the day, this instrument gained +1.22% with the lowest point at 3,275.89 USD and the highest point at 3,427.30 USD. The deviation from the price is +3.15% for the low point and -1.40% for the high point.3,275.89
3,427.30
3,379.17
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this ETHEREUM - ETH/USD chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is high given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3,225.94 | 3,298.87 | 3,366.31 | 3,379.17 | 3,445.34 | 3,484.78 | 3,526.46 |
| Change (%) | -4.53% | -2.38% | -0.38% | - | +1.96% | +3.13% | +4.36% |
| Change | -153.23 | -80.30 | -12.86 | - | +66.17 | +105.61 | +147.29 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,066.40 | 3,124.78 | 3,231.68 | 3,290.06 | 3,396.96 | 3,455.34 | 3,562.24 |
| Camarilla | 3,293.12 | 3,308.27 | 3,323.42 | 3,338.57 | 3,353.72 | 3,368.87 | 3,384.02 |
| Woodie | 3,090.65 | 3,136.91 | 3,255.93 | 3,302.19 | 3,421.21 | 3,467.47 | 3,586.49 |
| Fibonacci | 3,124.78 | 3,187.92 | 3,226.93 | 3,290.06 | 3,353.20 | 3,392.21 | 3,455.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,392.14 | 2,663.43 | 2,983.89 | 3,255.18 | 3,575.64 | 3,846.93 | 4,167.39 |
| Camarilla | 3,141.63 | 3,195.87 | 3,250.12 | 3,304.36 | 3,358.60 | 3,412.85 | 3,467.09 |
| Woodie | 2,416.74 | 2,675.72 | 3,008.49 | 3,267.47 | 3,600.24 | 3,859.22 | 4,191.99 |
| Fibonacci | 2,663.43 | 2,889.48 | 3,029.13 | 3,255.18 | 3,481.23 | 3,620.88 | 3,846.93 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,905.11 | 2,501.20 | 2,916.17 | 3,512.26 | 3,927.23 | 4,523.32 | 4,938.29 |
| Camarilla | 3,053.11 | 3,145.79 | 3,238.47 | 3,331.15 | 3,423.83 | 3,516.51 | 3,609.19 |
| Woodie | 1,814.56 | 2,455.92 | 2,825.62 | 3,466.98 | 3,836.68 | 4,478.04 | 4,847.74 |
| Fibonacci | 2,501.20 | 2,887.42 | 3,126.03 | 3,512.26 | 3,898.48 | 4,137.09 | 4,523.32 |
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): | 63.05 | |
| MACD (12,26,9): | 37.9500 | |
| Directional Movement: | 15.59 | |
| AROON (14): | 71.42 | |
| DEMA (21): | 3,406.43 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,361.05 | |
| Elder Ray (13): | 22.50 | |
| Super Trend (3,10): | 3,298.94 | |
| Zig ZAG (10): | 3,387.20 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 80.24 | |
| TEMA (21): | 3,427.77 | |
| Williams %R (14): | -20.73 | |
| Chande Momentum Oscillator (20): | 92.98 | |
| Repulse (5,40,3): | -0.1800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1600 | |
| Courbe Coppock: | 6.45 |
| MA7: | 3,298.49 | |
| MA20: | 3,338.26 | |
| MA50: | 3,503.17 | |
| MA100: | 3,260.20 | |
| MAexp7: | 3,392.90 | |
| MAexp20: | 3,357.92 | |
| MAexp50: | 3,315.65 | |
| MAexp100: | 3,302.28 | |
| Price / MA7: | +2.45% | |
| Price / MA20: | +1.23% | |
| Price / MA50: | -3.54% | |
| Price / MA100: | +3.65% | |
| Price / MAexp7: | -0.38% | |
| Price / MAexp20: | +0.65% | |
| Price / MAexp50: | +1.94% | |
| Price / MAexp100: | +2.35% |
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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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