ETHEREUM NAME SERVICE - ENS/USD - 1H - Technical analysis published on 04/11/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 13.00 USD
My targets
13.43 USD (+1.59%)
13.57 USD (+2.65%)
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 13.00 USD. Crossing the first resistance at 13.43 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 13.57 USD as an objective. Crossing it would then enable buyers to target 13.84 USD. Caution, a return to below 13.00 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.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.9
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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 13.22 USD. On the day, this instrument lost -0.15% with the lowest point at 13.09 USD and the highest point at 13.37 USD. The deviation from the price is +0.99% for the low point and -1.12% for the high point.13.09
13.37
13.22
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 this 1H chart of ETHEREUM NAME SERVICE - ENS/USD indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12.84 | 13.00 | 13.19 | 13.22 | 13.43 | 13.57 | 13.84 |
| Change (%) | -2.87% | -1.66% | -0.23% | - | +1.59% | +2.65% | +4.69% |
| Change | -0.38 | -0.22 | -0.03 | - | +0.21 | +0.35 | +0.62 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.48 | 12.65 | 12.94 | 13.11 | 13.40 | 13.57 | 13.86 |
| Camarilla | 13.11 | 13.16 | 13.20 | 13.24 | 13.28 | 13.32 | 13.37 |
| Woodie | 12.55 | 12.68 | 13.01 | 13.14 | 13.47 | 13.60 | 13.93 |
| Fibonacci | 12.65 | 12.82 | 12.93 | 13.11 | 13.28 | 13.39 | 13.57 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.34 | 12.03 | 12.46 | 13.15 | 13.58 | 14.27 | 14.70 |
| Camarilla | 12.58 | 12.69 | 12.79 | 12.89 | 12.99 | 13.10 | 13.20 |
| Woodie | 11.21 | 11.97 | 12.33 | 13.09 | 13.45 | 14.21 | 14.57 |
| Fibonacci | 12.03 | 12.46 | 12.72 | 13.15 | 13.58 | 13.84 | 14.27 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.54 | 9.02 | 11.26 | 13.74 | 15.98 | 18.46 | 20.70 |
| Camarilla | 12.19 | 12.63 | 13.06 | 13.49 | 13.92 | 14.36 | 14.79 |
| Woodie | 6.41 | 8.96 | 11.13 | 13.68 | 15.85 | 18.40 | 20.57 |
| Fibonacci | 9.02 | 10.83 | 11.94 | 13.74 | 15.55 | 16.66 | 18.46 |
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): | 49.73 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 4.18 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 13.29 | |
| Parabolic SAR (0,02-0,02-0,2): | 13.37 | |
| Elder Ray (13): | -0.05 | |
| Super Trend (3,10): | 13.03 | |
| Zig ZAG (10): | 13.21 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 44.76 | |
| TEMA (21): | 13.28 | |
| Williams %R (14): | -80.00 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | -0.2300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 0.65 |
| MA7: | 13.12 | |
| MA20: | 13.26 | |
| MA50: | 13.93 | |
| MA100: | 13.85 | |
| MAexp7: | 13.23 | |
| MAexp20: | 13.21 | |
| MAexp50: | 13.11 | |
| MAexp100: | 13.08 | |
| Price / MA7: | +0.76% | |
| Price / MA20: | -0.30% | |
| Price / MA50: | -5.10% | |
| Price / MA100: | -4.55% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | +0.84% | |
| Price / MAexp100: | +1.07% |
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.
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