ETHEREUM NAME SERVICE - ENS/USDT
ETHEREUM NAME SERVICE - ENS/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: ENSUSDT
ISIN:

ETHEREUM NAME SERVICE - ENS/USDT - 1H - Technical analysis published on 01/03/2024 (GMT)

  • 172
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 12.82 USDT
My targets
17.68 USDT (+20.60%)
26.04 USDT (+77.63%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ETHEREUM NAME SERVICE - ENS/USDT as long as the price remains well above 12.82 USDT. The buyers' bullish objective is set at 17.68 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 26.04 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Andrii. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

ETHEREUM NAME SERVICE - ENS/USDT rating 14.66 USDT. The price has increased by +42.75% since the last closing and was traded between 8.90 USDT and 14.66 USDT over the period. The price is currently at +64.72% from its lowest and 0% from its highest.

8.90
14.66
14.66

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in 1H of this ETHEREUM NAME SERVICE - ENS/USDT chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 10.53 10.87 12.71 14.66 17.68 26.04
Change (%) -28.17% -25.85% -13.30% - +20.60% +77.63%
Change -4.13 -3.79 -1.95 - +3.02 +11.38
Level Major Intermediate Minor - Major 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
Standard9.269.569.9210.2210.5810.8811.24
Camarilla10.0910.1510.2110.2710.3310.3910.45
Woodie9.289.589.9410.2410.6010.9011.26
Fibonacci9.569.829.9710.2210.4810.6310.88


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.887.898.869.8710.8411.8512.82
Camarilla9.309.489.669.8410.0210.2010.39
Woodie6.877.888.859.8610.8311.8412.81
Fibonacci7.898.649.119.8710.6211.0911.85


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.046.448.069.4611.0812.4814.10
Camarilla8.849.129.399.679.9510.2210.50
Woodie5.146.508.169.5211.1812.5414.20
Fibonacci6.447.608.319.4610.6211.3312.48

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): 70.81
MACD (12,26,9): 0.5300
Directional Movement: 28.51
AROON (14): 14.29
DEMA (21): 11.49
Parabolic SAR (0,02-0,02-0,2): 8.90
Elder Ray (13): 2.07
Super Trend (3,10): 10.49
Zig ZAG (10): 13.92
VORTEX (21): 1.1800
Stochastique (14,3,5): 89.94
TEMA (21): 12.03
Williams %R (14): -6.00
Chande Momentum Oscillator (20): 3.90
Repulse (5,40,3): 24.6500
ROCnROLL: 1
TRIX (15,9): 0.2600
Courbe Coppock: 25.96
MA7: 10.56
MA20: 9.53
MA50: 9.14
MA100: 8.44
MAexp7: 11.85
MAexp20: 10.89
MAexp50: 10.44
MAexp100: 10.22
Price / MA7: +38.83%
Price / MA20: +53.83%
Price / MA50: +60.39%
Price / MA100: +73.70%
Price / MAexp7: +23.71%
Price / MAexp20: +34.62%
Price / MAexp50: +40.42%
Price / MAexp100: +43.44%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15830
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis ETHEREUM NAME SERVICE - ENS/USDT - 1H