- Timeframe : 15 min.
- - Analysis generated on 11/18/2023 - 08:40
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
My opinion
Bullish above 1,953.24 USD
My targets
1,999.20 USD (+2.14%)
2,036.95 USD (+4.07%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ETHEREUM - ETH/USD as long as the price remains well above 1,953.24 USD. The buyers' bullish objective is set at 1,999.20 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2,036.95 USD. If there is any crossing, the next objective would be the resistance located at 2,082.91 USD.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3
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.
This analysis was given by chanreeks. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly
Additional analysis
Quotes
The ETHEREUM - ETH/USD price is 1,957.29 USD. The price registered a decrease of -0.21% on the session and was between 1,918.63 USD and 1,961.40 USD. This implies that the price is at +2.01% from its lowest and at -0.21% from its highest.
1,918.63
1,961.40
1,957.29
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ETHEREUM - ETH/USD:
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 15 min. of this ETHEREUM - ETH/USD chart shows a bullish trend. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
The Central Indicators scanner found this result concerning these indicators:
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.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1,799.20 | 1,908.78 | 1,933.88 | 1,957.29 | 1,998.49 | 2,031.19 | 2,065.77 |
| Change (%) | -8.08% | -2.48% | -1.20% | - | +2.10% | +3.78% | +5.54% |
| Change | -158.09 | -48.51 | -23.41 | - | +41.20 | +73.90 | +108.48 |
| Level | Intermediate | Intermediate | Intermediate | - | Major | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,831.78 | 1,869.53 | 1,915.49 | 1,953.24 | 1,999.20 | 2,036.95 | 2,082.91 |
| Camarilla | 1,938.42 | 1,946.09 | 1,953.77 | 1,961.44 | 1,969.11 | 1,976.79 | 1,984.46 |
| Woodie | 1,835.88 | 1,871.58 | 1,919.59 | 1,955.29 | 2,003.30 | 2,039.00 | 2,087.01 |
| Fibonacci | 1,869.53 | 1,901.51 | 1,921.27 | 1,953.24 | 1,985.22 | 2,004.98 | 2,036.95 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,599.53 | 1,723.91 | 1,888.25 | 2,012.63 | 2,176.97 | 2,301.35 | 2,465.69 |
| Camarilla | 1,973.20 | 1,999.67 | 2,026.13 | 2,052.60 | 2,079.07 | 2,105.53 | 2,132.00 |
| Woodie | 1,619.52 | 1,733.90 | 1,908.24 | 2,022.62 | 2,196.96 | 2,311.34 | 2,485.68 |
| Fibonacci | 1,723.91 | 1,834.20 | 1,902.34 | 2,012.63 | 2,122.92 | 2,191.06 | 2,301.35 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,259.20 | 1,390.67 | 1,603.07 | 1,734.54 | 1,946.94 | 2,078.41 | 2,290.81 |
| Camarilla | 1,720.92 | 1,752.44 | 1,783.96 | 1,815.48 | 1,847.00 | 1,878.52 | 1,910.04 |
| Woodie | 1,299.68 | 1,410.90 | 1,643.55 | 1,754.77 | 1,987.42 | 2,098.64 | 2,331.29 |
| Fibonacci | 1,390.67 | 1,522.03 | 1,603.18 | 1,734.54 | 1,865.90 | 1,947.05 | 2,078.41 |
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): | 67.87 | |
| MACD (12,26,9): | 3.0000 | |
| Directional Movement: | 14.11 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 1,947.47 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,937.92 | |
| Elder Ray (13): | 7.40 | |
| Super Trend (3,10): | 1,939.48 | |
| Zig ZAG (10): | 1,953.30 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 92.63 | |
| TEMA (21): | 1,950.82 | |
| Williams %R (14): | -2.09 | |
| Chande Momentum Oscillator (20): | 18.62 | |
| Repulse (5,40,3): | 0.4700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.98 |
| MA7: | 2,002.77 |
| MA20: | 1,940.17 |
| MA50: | 1,766.12 |
| MA100: | 1,713.12 |
| MAexp7: | 1,949.82 |
| MAexp20: | 1,944.29 |
| MAexp50: | 1,942.90 |
| MAexp100: | 1,948.11 |
| Price / MA7: | -2.27% |
| Price / MA20: | +0.88% |
| Price / MA50: | +10.82% |
| Price / MA100: | +14.25% |
| Price / MAexp7: | +0.38% |
| Price / MAexp20: | +0.67% |
| Price / MAexp50: | +0.74% |
| Price / MAexp100: | +0.47% |
Quotes : 11/18/2023 - 08:40 - Real time data - Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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