Analysis of ETH/USD for 15min
12/1/2024
Analysis of ETH/USD
Based on the provided data for the ETH/USD pair on a 15-minute interval, here is a short analysis:1. Price Movement:
- The closing prices have been fluctuating around the range of 3116.61011 to 3139.61011 over the past few intervals.
- The price has shown some volatility, with highs around 3147.69995 and lows around 3092.04004.
2. Technical Indicators:
- RSI Indicator: The Relative Strength Index (RSI) values have been fluctuating between 23.91713 and 49.08325, indicating a mix of overbought and oversold conditions.
- MACD Indicator: The Moving Average Convergence Divergence (MACD) values have been negative, with the MACD line below the signal line, suggesting a bearish trend.
3. Moving Averages:
- Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) have been calculated for each interval.
- The moving averages can help identify trends, with EMA being more responsive to recent price changes compared to SMA and WMA.
4. Overall Analysis:
- The price seems to be consolidating within a range, with no clear trend direction.
- The RSI values indicate a neutral market sentiment, while the MACD values suggest a bearish bias.
- Traders may look for potential breakout points above 3147.69995 or below 3092.04004 to confirm a new trend direction.
Please note that this analysis is based on the provided data and should be used in conjunction with other market analysis techniques for informed decision-making.
MACD of ETH/USD
This is not investment advice. Remember to verify the information provided here.
Get access to the full analysis
- Over 35 000 indexes
- CFD, Forex, Crypto and Stocks Exchange
- Over 150 Indicators
- Pattern and candle analysis
- Support and resistance levels
- Fundamental, technical and sentimental analysis
- Power from AI
