ETHEREUM NAME SERVICE - ENS/USD - 1H - Technical analysis published on 07/16/2022 (GMT)
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- Timeframe : 1H
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
39%
39%
My opinion
Bullish above 9.12 USD
My targets
9.44 USD (+2.83%)
9.86 USD (+7.41%)
My analysis
Has the basic bullish 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 bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 9.12 USD remains possible. It is advisable to trade ETHEREUM NAME SERVICE - ENS/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 9.12 USD. The next bullish objective for buyers is set at 9.44 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 9.86 USD. If there is any crossing, the next objective would be the resistance located at 10.32 USD. PS: if there is a bearish break in the support located at 9.12 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ETHEREUM NAME SERVICE - ENS/USD rating 9.18 USD. The price registered a decrease of -0.11% on the session and was between 9.08 USD and 9.24 USD. This implies that the price is at +1.10% from its lowest and at -0.65% from its highest.9.08
9.24
9.18
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ETHEREUM NAME SERVICE - ENS/USD:
Technical
A technical analysis in 1H of this ETHEREUM NAME SERVICE - ENS/USD chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 7 are neutral and 7 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 8.49 | 8.89 | 9.12 | 9.18 | 9.44 | 9.86 | 10.32 |
| Change (%) | -7.52% | -3.16% | -0.65% | - | +2.83% | +7.41% | +12.42% |
| Change | -0.69 | -0.29 | -0.06 | - | +0.26 | +0.68 | +1.14 |
| Level | Major | Minor | Intermediate | - | Intermediate | Minor | 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 | 8.61 | 8.82 | 9.01 | 9.22 | 9.41 | 9.62 | 9.81 |
| Camarilla | 9.08 | 9.12 | 9.15 | 9.19 | 9.23 | 9.26 | 9.30 |
| Woodie | 8.59 | 8.82 | 8.99 | 9.22 | 9.39 | 9.62 | 9.79 |
| Fibonacci | 8.82 | 8.98 | 9.07 | 9.22 | 9.38 | 9.47 | 9.62 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.43 | 7.39 | 8.74 | 9.70 | 11.05 | 12.01 | 13.36 |
| Camarilla | 9.47 | 9.68 | 9.89 | 10.10 | 10.31 | 10.52 | 10.74 |
| Woodie | 6.64 | 7.49 | 8.95 | 9.80 | 11.26 | 12.11 | 13.57 |
| Fibonacci | 7.39 | 8.27 | 8.81 | 9.70 | 10.58 | 11.12 | 12.01 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.78 | 4.07 | 6.33 | 9.62 | 11.88 | 15.17 | 17.43 |
| Camarilla | 7.06 | 7.57 | 8.08 | 8.59 | 9.10 | 9.61 | 10.12 |
| Woodie | 0.27 | 3.81 | 5.82 | 9.36 | 11.37 | 14.91 | 16.92 |
| Fibonacci | 4.07 | 6.19 | 7.50 | 9.62 | 11.74 | 13.05 | 15.17 |
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): | 50.09 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | -2.69 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 9.23 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.38 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 8.95 | |
| Zig ZAG (10): | 9.20 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 30.31 | |
| TEMA (21): | 9.16 | |
| Williams %R (14): | -67.71 | |
| Chande Momentum Oscillator (20): | -0.18 | |
| Repulse (5,40,3): | 0.4500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 2.15 |
| MA7: | 8.95 | |
| MA20: | 9.20 | |
| MA50: | 9.66 | |
| MA100: | 12.19 | |
| MAexp7: | 9.18 | |
| MAexp20: | 9.20 | |
| MAexp50: | 9.11 | |
| MAexp100: | 9.06 | |
| Price / MA7: | +2.57% | |
| Price / MA20: | -0.22% | |
| Price / MA50: | -4.97% | |
| Price / MA100: | -24.69% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.22% | |
| Price / MAexp50: | +0.77% | |
| Price / MAexp100: | +1.32% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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