ETHEREUM NAME SERVICE - ENS/USD - 1H - Technical analysis published on 06/01/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 26.08 USD
My targets
27.52 USD (+4.68%)
28.45 USD (+8.22%)
My analysis
ETHEREUM NAME SERVICE - ENS/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 26.08 USD. The next resistance located at 27.52 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 28.45 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ETHEREUM NAME SERVICE - ENS/USD rating is 26.29 USD. The price registered an increase of +1.90% on the session with the lowest point at 25.80 USD and the highest point at 27.24 USD. The deviation from the price is +1.90% for the low point and -3.49% for the high point.25.80
27.24
26.29
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ETHEREUM NAME SERVICE - ENS/USD chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 16 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 : 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
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 22.67 | 24.38 | 26.08 | 26.29 | 27.52 | 28.45 |
| Change (%) | -13.77% | -7.27% | -0.80% | - | +4.68% | +8.22% |
| Change | -3.62 | -1.91 | -0.21 | - | +1.23 | +2.16 |
| Level | Minor | Major | Major | - | Minor | 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 | 22.85 | 23.76 | 24.78 | 25.69 | 26.71 | 27.62 | 28.64 |
| Camarilla | 25.27 | 25.45 | 25.62 | 25.80 | 25.98 | 26.15 | 26.33 |
| Woodie | 22.91 | 23.79 | 24.84 | 25.72 | 26.77 | 27.65 | 28.70 |
| Fibonacci | 23.76 | 24.50 | 24.95 | 25.69 | 26.43 | 26.88 | 27.62 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.06 | 9.07 | 15.97 | 20.98 | 27.88 | 32.89 | 39.79 |
| Camarilla | 19.59 | 20.68 | 21.77 | 22.86 | 23.95 | 25.04 | 26.14 |
| Woodie | 5.00 | 9.54 | 16.91 | 21.45 | 28.82 | 33.36 | 40.73 |
| Fibonacci | 9.07 | 13.62 | 16.43 | 20.98 | 25.53 | 28.34 | 32.89 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.15 | 7.14 | 16.47 | 22.46 | 31.79 | 37.78 | 47.11 |
| Camarilla | 21.59 | 22.99 | 24.40 | 25.80 | 27.20 | 28.61 | 30.01 |
| Woodie | 2.82 | 7.98 | 18.14 | 23.30 | 33.46 | 38.62 | 48.78 |
| Fibonacci | 7.14 | 12.99 | 16.61 | 22.46 | 28.31 | 31.93 | 37.78 |
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): | 59.04 | |
| MACD (12,26,9): | 0.2100 | |
| Directional Movement: | 23.93 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 25.90 | |
| Parabolic SAR (0,02-0,02-0,2): | 24.90 | |
| Elder Ray (13): | 0.52 | |
| Super Trend (3,10): | 24.92 | |
| Zig ZAG (10): | 26.32 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 69.70 | |
| TEMA (21): | 26.08 | |
| Williams %R (14): | -39.16 | |
| Chande Momentum Oscillator (20): | 1.01 | |
| Repulse (5,40,3): | -0.3300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 5.16 |
| MA7: | 25.57 | |
| MA20: | 20.52 | |
| MA50: | 17.00 | |
| MA100: | 19.51 | |
| MAexp7: | 26.02 | |
| MAexp20: | 25.67 | |
| MAexp50: | 25.51 | |
| MAexp100: | 25.36 | |
| Price / MA7: | +2.82% | |
| Price / MA20: | +28.12% | |
| Price / MA50: | +54.65% | |
| Price / MA100: | +34.75% | |
| Price / MAexp7: | +1.04% | |
| Price / MAexp20: | +2.42% | |
| Price / MAexp50: | +3.06% | |
| Price / MAexp100: | +3.67% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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