ETHEREUM NAME SERVICE - ENS/USD - 1H - Technical analysis published on 09/24/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 13.74 USD
My targets
14.09 USD (+0.79%)
14.39 USD (+2.93%)
My analysis
The basic bullish trend is very strong on ETHEREUM NAME SERVICE - ENS/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 13.74 USD. Crossing the first resistance at 14.09 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 14.39 USD as an objective. Crossing it would then enable buyers to target 14.95 USD. Caution, a return to below 13.74 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
ETHEREUM NAME SERVICE - ENS/USD rating 13.98 USD. The price registered a decrease of -0.07% on the session with the lowest point at 13.76 USD and the highest point at 14.27 USD. The deviation from the price is +1.60% for the low point and -2.03% for the high point.13.76
14.27
13.98
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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
Technical analysis of this 1H chart of ETHEREUM NAME SERVICE - ENS/USD indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12.96 | 13.34 | 13.74 | 13.98 | 14.09 | 14.39 | 14.95 |
| Change (%) | -7.30% | -4.58% | -1.72% | - | +0.79% | +2.93% | +6.94% |
| Change | -1.02 | -0.64 | -0.24 | - | +0.11 | +0.41 | +0.97 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.31 | 12.82 | 13.41 | 13.92 | 14.51 | 15.02 | 15.61 |
| Camarilla | 13.69 | 13.79 | 13.89 | 13.99 | 14.09 | 14.19 | 14.29 |
| Woodie | 12.34 | 12.84 | 13.44 | 13.94 | 14.54 | 15.04 | 15.64 |
| Fibonacci | 12.82 | 13.24 | 13.50 | 13.92 | 14.34 | 14.60 | 15.02 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.96 | 12.36 | 13.46 | 14.86 | 15.96 | 17.36 | 18.46 |
| Camarilla | 13.87 | 14.10 | 14.33 | 14.56 | 14.79 | 15.02 | 15.25 |
| Woodie | 10.81 | 12.29 | 13.31 | 14.79 | 15.81 | 17.29 | 18.31 |
| Fibonacci | 12.36 | 13.32 | 13.91 | 14.86 | 15.82 | 16.41 | 17.36 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.80 | 7.01 | 9.76 | 13.97 | 16.72 | 20.93 | 23.68 |
| Camarilla | 10.59 | 11.22 | 11.86 | 12.50 | 13.14 | 13.78 | 14.41 |
| Woodie | 2.06 | 6.65 | 9.02 | 13.61 | 15.98 | 20.57 | 22.94 |
| Fibonacci | 7.01 | 9.67 | 11.32 | 13.97 | 16.63 | 18.28 | 20.93 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 52.91 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 0.37 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 13.99 | |
| Parabolic SAR (0,02-0,02-0,2): | 14.22 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 13.56 | |
| Zig ZAG (10): | 14.00 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 41.18 | |
| TEMA (21): | 13.97 | |
| Williams %R (14): | -49.02 | |
| Chande Momentum Oscillator (20): | -0.18 | |
| Repulse (5,40,3): | 0.3000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 1.27 |
| MA7: | 13.63 | |
| MA20: | 14.45 | |
| MA50: | 14.28 | |
| MA100: | 12.62 | |
| MAexp7: | 13.98 | |
| MAexp20: | 13.96 | |
| MAexp50: | 13.91 | |
| MAexp100: | 13.86 | |
| Price / MA7: | +2.57% | |
| Price / MA20: | -3.25% | |
| Price / MA50: | -2.10% | |
| Price / MA100: | +10.78% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.14% | |
| Price / MAexp50: | +0.50% | |
| Price / MAexp100: | +0.87% |
Quotes :
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Real time data
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