ETHEREUM NAME SERVICE - ENS/USD - 1H - Technical analysis published on 02/10/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 21.38 USD
My targets
22.06 USD (+1.57%)
22.88 USD (+5.34%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on ETHEREUM NAME SERVICE - ENS/USD. This is a positive signal for buyers. As long as the price remains above 21.38 USD, a purchase could be considered. The first bullish objective is located at 22.06 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 22.88 USD as an objective. Crossing it would then enable buyers to target 24.38 USD. In the event of a return below 21.38 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.3
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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 21.72 USD. The price has increased by +3.04% since the last closing with the lowest point at 21.05 USD and the highest point at 21.82 USD. The deviation from the price is +3.18% for the low point and -0.46% for the high point.21.05
21.82
21.72
Here is a more detailed summary of the historical variations registered by ETHEREUM NAME SERVICE - ENS/USD:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of ETHEREUM NAME SERVICE - ENS/USD indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 19.82 | 20.55 | 21.38 | 21.72 | 22.06 | 22.88 | 24.38 |
| Change (%) | -8.75% | -5.39% | -1.57% | - | +1.57% | +5.34% | +12.25% |
| Change | -1.90 | -1.17 | -0.34 | - | +0.34 | +1.16 | +2.66 |
| Level | Intermediate | Major | Minor | - | Minor | Minor | Major |
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 | 18.88 | 19.65 | 20.36 | 21.13 | 21.84 | 22.61 | 23.32 |
| Camarilla | 20.67 | 20.81 | 20.94 | 21.08 | 21.22 | 21.35 | 21.49 |
| Woodie | 18.86 | 19.64 | 20.34 | 21.12 | 21.82 | 22.60 | 23.30 |
| Fibonacci | 19.65 | 20.21 | 20.56 | 21.13 | 21.69 | 22.04 | 22.61 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.59 | 14.85 | 16.13 | 18.39 | 19.67 | 21.93 | 23.21 |
| Camarilla | 16.45 | 16.77 | 17.10 | 17.42 | 17.75 | 18.07 | 18.39 |
| Woodie | 12.11 | 14.61 | 15.65 | 18.15 | 19.19 | 21.69 | 22.73 |
| Fibonacci | 14.85 | 16.20 | 17.03 | 18.39 | 19.74 | 20.57 | 21.93 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -11.20 | -1.52 | 8.15 | 17.83 | 27.50 | 37.18 | 46.85 |
| Camarilla | 12.51 | 14.28 | 16.06 | 17.83 | 19.60 | 21.38 | 23.15 |
| Woodie | -11.20 | -1.52 | 8.16 | 17.83 | 27.51 | 37.18 | 46.86 |
| Fibonacci | -1.52 | 5.87 | 10.44 | 17.83 | 25.22 | 29.79 | 37.18 |
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): | 53.57 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 4.49 | |
| AROON (14): | 14.28 | |
| DEMA (21): | 21.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 21.59 | |
| Elder Ray (13): | 0.10 | |
| Super Trend (3,10): | 20.53 | |
| Zig ZAG (10): | 21.47 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 54.96 | |
| TEMA (21): | 21.37 | |
| Williams %R (14): | -23.83 | |
| Chande Momentum Oscillator (20): | 0.44 | |
| Repulse (5,40,3): | 1.1800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 0.58 |
| MA7: | 20.70 | |
| MA20: | 19.12 | |
| MA50: | 16.89 | |
| MA100: | 12.83 | |
| MAexp7: | 21.35 | |
| MAexp20: | 21.26 | |
| MAexp50: | 21.17 | |
| MAexp100: | 20.89 | |
| Price / MA7: | +4.93% | |
| Price / MA20: | +13.60% | |
| Price / MA50: | +28.60% | |
| Price / MA100: | +69.29% | |
| Price / MAexp7: | +1.73% | |
| Price / MAexp20: | +2.16% | |
| Price / MAexp50: | +2.60% | |
| Price / MAexp100: | +3.97% |
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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