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

ETHEREUM NAME SERVICE - ENS/USD - 1H - Technical analysis published on 10/13/2023 (GMT)

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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bullish
Underlying: Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 7.30 USD
My targets
6.80 USD (-3.23%)
6.15 USD (-12.56%)
My analysis
The basic trend is bearish on ETHEREUM NAME SERVICE - ENS/USD and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 7.30 USD. Buyers would then use the next resistance located at 7.58 USD as an objective. Crossing it would then enable buyers to target 7.76 USD. If there is a return to below the support located at 6.80 USD, this would be a sign of a reversal in the basic bearish trend.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0

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

Additional analysis

Quotes

ETHEREUM NAME SERVICE - ENS/USD rating 7.03 USD. The price registered an increase of +3.08% on the session and was traded between 6.80 USD and 7.03 USD over the period. The price is currently at +3.38% from its lowest and 0% from its highest.

6.80
7.03
7.03

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ETHEREUM NAME SERVICE - ENS/USD:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly


New LOW record (1 year)

Type : Bearish

Timeframe : Weekly


New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


A technical analysis in 1H of this ETHEREUM NAME SERVICE - ENS/USD chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

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 under support 3

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 7.00 7.03 7.30 7.58 7.76
Change (%) -0.43% - +3.84% +7.82% +10.38%
Change -0.03 - +0.27 +0.55 +0.73
Level Minor - Major Intermediate Minor



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
Standard6.396.616.716.937.037.257.35
Camarilla6.736.766.796.826.856.886.91
Woodie6.346.586.666.906.987.227.30
Fibonacci6.616.736.806.937.057.127.25


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.156.807.157.808.158.809.15
Camarilla7.227.317.407.497.587.677.77
Woodie5.996.736.997.737.998.738.99
Fibonacci6.807.197.427.808.198.428.80


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.256.637.337.718.418.799.49
Camarilla7.737.837.938.038.138.238.33
Woodie6.416.717.497.798.578.879.65
Fibonacci6.637.047.307.718.128.388.79

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): 50.26
MACD (12,26,9): -0.0200
Directional Movement: -4.14
AROON (14): 35.72
DEMA (21): 6.92
Parabolic SAR (0,02-0,02-0,2): 6.85
Elder Ray (13): 0.03
Super Trend (3,10): 6.98
Zig ZAG (10): 6.97
VORTEX (21): 0.9000
Stochastique (14,3,5): 88.23
TEMA (21): 6.94
Williams %R (14): -10.06
Chande Momentum Oscillator (20): 0.07
Repulse (5,40,3): 0.1900
ROCnROLL: -1
TRIX (15,9): -0.0700
Courbe Coppock: 0.40
MA7: 7.20
MA20: 7.50
MA50: 7.57
MA100: 8.35
MAexp7: 6.95
MAexp20: 6.95
MAexp50: 7.02
MAexp100: 7.13
Price / MA7: -2.36%
Price / MA20: -6.27%
Price / MA50: -7.13%
Price / MA100: -15.81%
Price / MAexp7: +1.15%
Price / MAexp20: +1.15%
Price / MAexp50: +0.14%
Price / MAexp100: -1.40%

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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