ETHEREUM NAME SERVICE - ENS/USD - Daily - Technical analysis published on 12/01/2022 (GMT)
- 145
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
67%
6%
28%
My opinion
Neutral between 13.40 USD and 15.71 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on ETHEREUM NAME SERVICE - ENS/USD. It is difficult to advise a trading direction under these conditions. The first support is located at 13.40 USD. The first resistance is located at 15.71 USD. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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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 14.10 USD. The price registered a decrease of -0.21% on the session and was traded between 13.76 USD and 14.25 USD over the period. The price is currently at +2.47% from its lowest and -1.05% from its highest.13.76
14.25
14.10
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
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of ETHEREUM NAME SERVICE - ENS/USD indicates that the overall trend is slightly bearish. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
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 | 10.42 | 11.99 | 13.40 | 14.10 | 15.71 | 17.22 | 19.82 |
| Change (%) | -26.10% | -14.96% | -4.96% | - | +11.42% | +22.13% | +40.57% |
| Change | -3.68 | -2.11 | -0.70 | - | +1.61 | +3.12 | +5.72 |
| Level | Minor | Minor | Intermediate | - | Minor | Intermediate | 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 | 12.69 | 13.06 | 13.60 | 13.97 | 14.51 | 14.88 | 15.42 |
| Camarilla | 13.88 | 13.96 | 14.05 | 14.13 | 14.21 | 14.30 | 14.38 |
| Woodie | 12.77 | 13.10 | 13.68 | 14.01 | 14.59 | 14.92 | 15.50 |
| Fibonacci | 13.06 | 13.41 | 13.63 | 13.97 | 14.32 | 14.54 | 14.88 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.85 | 10.70 | 11.83 | 12.68 | 13.81 | 14.66 | 15.79 |
| Camarilla | 12.41 | 12.59 | 12.77 | 12.95 | 13.13 | 13.31 | 13.50 |
| Woodie | 9.98 | 10.77 | 11.96 | 12.75 | 13.94 | 14.73 | 15.92 |
| Fibonacci | 10.70 | 11.46 | 11.93 | 12.68 | 13.44 | 13.91 | 14.66 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.61 | 5.86 | 9.99 | 14.24 | 18.37 | 22.62 | 26.75 |
| Camarilla | 11.83 | 12.59 | 13.36 | 14.13 | 14.90 | 15.67 | 16.44 |
| Woodie | 1.56 | 5.83 | 9.94 | 14.21 | 18.32 | 22.59 | 26.70 |
| Fibonacci | 5.86 | 9.06 | 11.04 | 14.24 | 17.44 | 19.42 | 22.62 |
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): | 51.79 | |
| MACD (12,26,9): | -0.3400 | |
| Directional Movement: | 1.21 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 12.85 | |
| Parabolic SAR (0,02-0,02-0,2): | 11.20 | |
| Elder Ray (13): | 0.65 | |
| Super Trend (3,10): | 15.69 | |
| Zig ZAG (10): | 13.99 | |
| VORTEX (21): | 1.1800 | |
| Stochastique (14,3,5): | 86.25 | |
| TEMA (21): | 13.16 | |
| Williams %R (14): | -13.62 | |
| Chande Momentum Oscillator (20): | 0.56 | |
| Repulse (5,40,3): | 3.7800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.7200 | |
| Courbe Coppock: | 11.95 |
| MA7: | 13.38 | |
| MA20: | 12.96 | |
| MA50: | 15.38 | |
| MA100: | 15.03 | |
| MAexp7: | 13.51 | |
| MAexp20: | 13.49 | |
| MAexp50: | 14.37 | |
| MAexp100: | 14.65 | |
| Price / MA7: | +5.38% | |
| Price / MA20: | +8.80% | |
| Price / MA50: | -8.32% | |
| Price / MA100: | -6.19% | |
| Price / MAexp7: | +4.37% | |
| Price / MAexp20: | +4.52% | |
| Price / MAexp50: | -1.88% | |
| Price / MAexp100: | -3.75% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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