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| Price | ▲ 0.52% | ▼ 0.49% | ▲ 0.04% | ▼ 0.62% |
| Energy | ▼ 5.8 | ▼ 23.7 | ▼ 7.7 | ▼ 32.4 |
Trend of Neutral ETHUSD 1H
▸When ETHUSD is in Neutral:
- then ETHUSD moved to higher Market State: 3,798 times — 51.3%
- then ETHUSD moved to lower Market State: 3,601 times — 48.7%
▸Current ETHUSD market energy: 3.97%
- Distance to upper bound of Neutral (at 20.88%): 16.91%
- Distance to lower bound of Neutral (at -20.88%): 24.85%
"History always repeats itself, one way or another" — 2AITRADING
With the 1H candle just closed, ETHUSD classified as balanced trend energy.
Looking at the Market Energy reading, Market Energy dropped -32.4% from the previous session, from 36.4% to 4%.
Time in Neutral energy zone: 1 1H Candle
Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.
Over the past 5 days, ETHUSD Market Energy ranged from -88.1 to +86.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did ETHUSD price and energy show when this 1H candle closed?
When the 1H candle at 09:00 on 23-08-2020 closed, ETHUSD was at 391, down 0.62% from the previous candle (393.45). Market Energy was 4%, down 32.4 points from 36.4%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did ETHUSD price move on this 1H candle, and how large is that historically?
ETHUSD closed at 391, down 0.62% from the previous 1H candle (393.45). This drop is larger than 74% of past drops on the 1H timeframe for ETHUSD, across 14,363 candles since 2019.
How did ETHUSD Market Energy change from the previous candle?
Market Energy fell 32.4 percentage points from the previous candle — from 36.4% to 4%. This drop is larger than 87% of past drops on the 1H timeframe for ETHUSD.
Do ETHUSD price and energy agree?
Yes. Both price and energy moved down on this candle. This describes the candle that just closed; it does not say where price goes next.
What state was ETHUSD in on the previous 1H candle?
The previous 1H candle had ETHUSD at 36.4%, Bull Bias — when this candle closed, ETHUSD moved down to a lower zone: Bull Bias → Neutral.
Where does ETHUSD energy sit within the Neutral zone?
At 4%, ETHUSD is 16.91 points from the upper boundary of Neutral (20.88%) and 24.85 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bull Extreme with energy 80.1%; GER40 (European equities) in Neutral with energy -7.1%. Against this backdrop, ETHUSD (Neutral, 4%) lower than SPX500; sits in the same state zone as GER40.
How is the US Dollar Index (DXY) trending?
Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Bull Bias with Market Energy 32.8%. ETHUSD energy is currently below DXY by 28.8 points.
See the real-time energy chart for ETHUSD.
Open Energy ChartSee the full 2AiTrading Model data for ETHUSD on the ETHUSD overview →
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