ETHEREUM NAME SERVICE - ENS/USD - 1H - Technical analysis published on 08/17/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 15.48 USD
My targets
16.19 USD (+1.12%)
16.55 USD (+3.37%)
My analysis
ETHEREUM NAME SERVICE - ENS/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 15.48 USD. The next resistance located at 16.19 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 16.55 USD. After this resistance, buyers could then target 16.85 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
6.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ETHEREUM NAME SERVICE - ENS/USD price is 16.01 USD. On the day, this instrument gained +6.73% and was traded between 14.59 USD and 16.02 USD over the period. The price is currently at +9.73% from its lowest and -0.06% from its highest.14.59
16.02
16.01
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of ETHEREUM NAME SERVICE - ENS/USD in 1H shows an overall 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 14.52 | 14.83 | 15.48 | 16.01 | 16.19 | 16.55 | 16.85 |
| Change (%) | -9.31% | -7.37% | -3.31% | - | +1.12% | +3.37% | +5.25% |
| Change | -1.49 | -1.18 | -0.53 | - | +0.18 | +0.54 | +0.84 |
| Level | Minor | Major | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.53 | 14.03 | 14.51 | 15.01 | 15.49 | 15.99 | 16.47 |
| Camarilla | 14.73 | 14.82 | 14.91 | 15.00 | 15.09 | 15.18 | 15.27 |
| Woodie | 13.53 | 14.03 | 14.51 | 15.01 | 15.49 | 15.99 | 16.47 |
| Fibonacci | 14.03 | 14.40 | 14.63 | 15.01 | 15.38 | 15.61 | 15.99 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.73 | 13.28 | 14.34 | 15.89 | 16.95 | 18.50 | 19.56 |
| Camarilla | 14.67 | 14.91 | 15.15 | 15.39 | 15.63 | 15.87 | 16.11 |
| Woodie | 11.48 | 13.16 | 14.09 | 15.77 | 16.70 | 18.38 | 19.31 |
| Fibonacci | 13.28 | 14.28 | 14.90 | 15.89 | 16.89 | 17.51 | 18.50 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.23 | 4.68 | 9.51 | 12.96 | 17.79 | 21.24 | 26.07 |
| Camarilla | 12.06 | 12.82 | 13.58 | 14.34 | 15.10 | 15.86 | 16.62 |
| Woodie | 1.92 | 5.03 | 10.20 | 13.31 | 18.48 | 21.59 | 26.76 |
| Fibonacci | 4.68 | 7.84 | 9.80 | 12.96 | 16.12 | 18.08 | 21.24 |
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): | 52.78 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | -0.37 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 15.35 | |
| Parabolic SAR (0,02-0,02-0,2): | 14.63 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 16.03 | |
| Zig ZAG (10): | 15.54 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 71.76 | |
| TEMA (21): | 15.35 | |
| Williams %R (14): | -22.13 | |
| Chande Momentum Oscillator (20): | 0.16 | |
| Repulse (5,40,3): | 2.1400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 2.49 |
| MA7: | 15.31 | |
| MA20: | 15.58 | |
| MA50: | 12.56 | |
| MA100: | 11.49 | |
| MAexp7: | 15.36 | |
| MAexp20: | 15.29 | |
| MAexp50: | 15.20 | |
| MAexp100: | 15.24 | |
| Price / MA7: | +4.57% | |
| Price / MA20: | +2.76% | |
| Price / MA50: | +27.47% | |
| Price / MA100: | +39.34% | |
| Price / MAexp7: | +4.23% | |
| Price / MAexp20: | +4.71% | |
| Price / MAexp50: | +5.33% | |
| Price / MAexp100: | +5.05% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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