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ETHEREUM - ETH/EUR
ETHEREUM - ETH/EUR
- EUR (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: ETHEUR
ISIN:

ETHEREUM - ETH/EUR - 1H - Technical analysis published on 03/17/2024 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
67%
6%
28%
My opinion
Bearish under 3,362.08 EUR
My targets
3,277.46 EUR (-1.20%)
3,031.01 EUR (-8.63%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 3,362.08 EUR remains possible. It is advisable to trade ETHEREUM - ETH/EUR with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 3,362.08 EUR. The next bearish objective for sellers is set at 3,277.46 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3,031.01 EUR. In case of crossing, the next objective would be the support located at 2,789.21 EUR. PS: if there is a bullish break in the resistance located at 3,362.08 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.5

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.

Pita
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15 min. Daily Weekly

Additional analysis

Quotes

ETHEREUM - ETH/EUR rating 3,317.34 EUR. On the day, this instrument gained +2.61% and was traded between 3,130.67 EUR and 3,320.40 EUR over the period. The price is currently at +5.96% from its lowest and -0.09% from its highest.

3,130.67
3,320.40
3,317.34

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ETHEREUM - ETH/EUR:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this ETHEREUM - ETH/EUR chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

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 1

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,789.21 3,277.46 3,314.44 3,317.34 3,362.08 3,442.61 3,510.69
Change (%) -15.92% -1.20% -0.09% - +1.35% +3.78% +5.83%
Change -528.13 -39.88 -2.90 - +44.74 +125.27 +193.35
Level Minor Major Minor - Minor Major Intermediate



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
Standard2,833.943,009.593,121.353,297.003,408.763,584.413,696.17
Camarilla3,154.073,180.423,206.763,233.113,259.463,285.803,312.15
Woodie2,802.002,993.623,089.413,281.033,376.823,568.443,664.23
Fibonacci3,009.593,119.383,187.213,297.003,406.793,474.623,584.41


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,472.592,828.923,031.013,387.343,589.433,945.764,147.85
Camarilla3,079.553,130.733,181.923,233.113,284.303,335.493,386.68
Woodie2,395.482,790.362,953.903,348.783,512.323,907.204,070.74
Fibonacci2,828.923,042.233,174.023,387.343,600.653,732.443,945.76


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,204.751,638.462,365.742,799.453,526.733,960.444,687.72
Camarilla2,773.752,880.172,986.603,093.023,199.443,305.873,412.29
Woodie1,351.541,711.852,512.532,872.843,673.524,033.834,834.51
Fibonacci1,638.462,081.962,355.952,799.453,242.953,516.943,960.44

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): 53.35
MACD (12,26,9): -6.9400
Directional Movement: -4.04
AROON (14): 64.29
DEMA (21): 3,273.25
Parabolic SAR (0,02-0,02-0,2): 3,219.81
Elder Ray (13): 25.15
Super Trend (3,10): 3,200.26
Zig ZAG (10): 3,317.34
VORTEX (21): 1.0200
Stochastique (14,3,5): 99.01
TEMA (21): 3,295.88
Williams %R (14): -1.61
Chande Momentum Oscillator (20): 60.94
Repulse (5,40,3): 1.0200
ROCnROLL: -1
TRIX (15,9): -0.1000
Courbe Coppock: 2.82
MA7: 3,510.51
MA20: 3,384.14
MA50: 2,815.23
MA100: 2,474.58
MAexp7: 3,300.41
MAexp20: 3,290.71
MAexp50: 3,337.43
MAexp100: 3,411.62
Price / MA7: -5.50%
Price / MA20: -1.97%
Price / MA50: +17.84%
Price / MA100: +34.06%
Price / MAexp7: +0.51%
Price / MAexp20: +0.81%
Price / MAexp50: -0.60%
Price / MAexp100: -2.76%

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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