ETHEREUM NAME SERVICE - ENS/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	ENSUSD
ISIN:

ETHEREUM NAME SERVICE - ENS/USD - Daily - Technical analysis published on 01/10/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

72%

28%

My opinion

Bearish under 13.66 USD

My targets

11.33 USD (-6.75%)

10.42 USD (-14.24%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ETHEREUM NAME SERVICE - ENS/USD. As long as you are under the resistance located at 13.66 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 11.33 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 10.42 USD as an objective. Crossing it would then enable sellers to target 8.35 USD. If the resistance 13.66 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

Comment on the analysis

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

ETHEREUM NAME SERVICE - ENS/USD rating 12.15 USD. The price is lower by -0.08% since the last closing and was traded between 11.85 USD and 12.40 USD over the period. The price is currently at +2.53% from its lowest and -2.02% from its highest.

11.85

12.40

12.15

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

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of ETHEREUM NAME SERVICE - ENS/USD in Daily shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	8.35	10.42	11.33	12.15	14.15	15.71	17.22
Change (%)	-31.28%	-14.24%	-6.75%	-	+16.46%	+29.30%	+41.73%
Change	-3.80	-1.73	-0.82	-	+2.00	+3.56	+5.07
Level	Minor	Intermediate	Intermediate	-	Intermediate	Minor	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.04	11.51	11.84	12.31	12.64	13.11	13.44
Camarilla	11.94	12.01	12.09	12.16	12.23	12.31	12.38
Woodie	10.96	11.48	11.76	12.28	12.56	13.08	13.36
Fibonacci	11.51	11.82	12.01	12.31	12.62	12.81	13.11

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.55	10.08	10.83	11.36	12.11	12.64	13.39
Camarilla	11.23	11.35	11.46	11.58	11.70	11.82	11.93
Woodie	9.66	10.14	10.94	11.42	12.22	12.70	13.50
Fibonacci	10.08	10.57	10.87	11.36	11.85	12.15	12.64

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.76	6.69	8.71	11.64	13.66	16.59	18.61
Camarilla	9.37	9.82	10.28	10.73	11.18	11.64	12.09
Woodie	3.31	6.46	8.26	11.41	13.21	16.36	18.16
Fibonacci	6.69	8.58	9.75	11.64	13.53	14.70	16.59

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):	57.24
MACD (12,26,9):	-0.0700
Directional Movement:	3.43
AROON (14):	64.29
DEMA (21):	11.39
Parabolic SAR (0,02-0,02-0,2):	10.59
Elder Ray (13):	0.51
Super Trend (3,10):	12.54
Zig ZAG (10):	12.18
VORTEX (21):	1.0900
Stochastique (14,3,5):	81.98
TEMA (21):	11.76
Williams %R (14):	-25.75
Chande Momentum Oscillator (20):	1.39
Repulse (5,40,3):	3.4400
ROCnROLL:	-1
TRIX (15,9):	-0.3900
Courbe Coppock:	13.53

MA7:	11.78
MA20:	11.27
MA50:	12.32
MA100:	14.22
MAexp7:	11.81
MAexp20:	11.62
MAexp50:	12.29
MAexp100:	13.08
Price / MA7:	+3.14%
Price / MA20:	+7.81%
Price / MA50:	-1.38%
Price / MA100:	-14.56%
Price / MAexp7:	+2.88%
Price / MAexp20:	+4.56%
Price / MAexp50:	-1.14%
Price / MAexp100:	-7.11%

Quotes : - Real time data - Cryptocompare

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

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Londinia AI

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