ENJIN COIN - ENJ/USD - 1H - Technical analysis published on 09/27/2021 (GMT)
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- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
72%
0%
28%
My opinion
Neutral between 1.31 USD and 1.40 USD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 1.40 USD. The first support is located at 1.31 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by ENJIN COIN - ENJ/USD.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ENJIN COIN - ENJ/USD rating is 1.36 USD. On the day, this instrument gained +2.26% and was between 1.30 USD and 1.37 USD. This implies that the price is at +4.62% from its lowest and at -0.73% from its highest.1.30
1.37
1.36
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 ENJIN COIN - ENJ/USD in 1H shows an overall slightly bearish trend. Only 46.43% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Near horizontal support
Type : Bullish
Timeframe : 1 hour
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 | 1.19 | 1.26 | 1.31 | 1.36 | 1.40 | 1.52 | 1.61 |
| Change (%) | -12.50% | -7.35% | -3.68% | - | +2.94% | +11.76% | +18.38% |
| Change | -0.17 | -0.10 | -0.05 | - | +0.04 | +0.16 | +0.25 |
| Level | Minor | Major | Minor | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.12 | 1.19 | 1.26 | 1.33 | 1.40 | 1.47 | 1.54 |
| Camarilla | 1.29 | 1.30 | 1.32 | 1.33 | 1.34 | 1.36 | 1.37 |
| Woodie | 1.12 | 1.19 | 1.26 | 1.33 | 1.40 | 1.47 | 1.54 |
| Fibonacci | 1.19 | 1.24 | 1.28 | 1.33 | 1.38 | 1.42 | 1.47 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.67 | 0.93 | 1.13 | 1.39 | 1.59 | 1.85 | 2.05 |
| Camarilla | 1.20 | 1.25 | 1.29 | 1.33 | 1.37 | 1.41 | 1.46 |
| Woodie | 0.64 | 0.92 | 1.10 | 1.38 | 1.56 | 1.84 | 2.02 |
| Fibonacci | 0.93 | 1.11 | 1.21 | 1.39 | 1.57 | 1.67 | 1.85 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.52 | 0.94 | 1.48 | 1.90 | 2.44 | 2.86 | 3.40 |
| Camarilla | 1.76 | 1.84 | 1.93 | 2.02 | 2.11 | 2.20 | 2.28 |
| Woodie | 0.58 | 0.97 | 1.54 | 1.93 | 2.50 | 2.89 | 3.46 |
| Fibonacci | 0.94 | 1.31 | 1.53 | 1.90 | 2.27 | 2.49 | 2.86 |
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): | 53.59 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 6.03 | |
| AROON (14): | 7.15 | |
| DEMA (21): | 1.35 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.29 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 1.28 | |
| Zig ZAG (10): | 1.36 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 86.09 | |
| TEMA (21): | 1.36 | |
| Williams %R (14): | -18.75 | |
| Chande Momentum Oscillator (20): | 0.01 | |
| Repulse (5,40,3): | 1.8800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 3.38 |
| MA7: | 1.35 | |
| MA20: | 1.55 | |
| MA50: | 1.73 | |
| MA100: | 1.48 | |
| MAexp7: | 1.35 | |
| MAexp20: | 1.34 | |
| MAexp50: | 1.34 | |
| MAexp100: | 1.36 | |
| Price / MA7: | +0.74% | |
| Price / MA20: | -12.26% | |
| Price / MA50: | -21.39% | |
| Price / MA100: | -8.11% | |
| Price / MAexp7: | +0.74% | |
| Price / MAexp20: | +1.49% | |
| Price / MAexp50: | +1.49% | |
| Price / MAexp100: | -0% |
Quotes :
-
Real time data
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