ETHEREUM NAME SERVICE - ENS/USD - 1H - Technical analysis published on 06/29/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 28.37 USD
My targets
31.59 USD (+10.56%)
31.79 USD (+11.27%)
My analysis
The bullish trend is currently very strong on ETHEREUM NAME SERVICE - ENS/USD. As long as the price remains above the support at 28.37 USD, you could try to benefit from the boom. The first bullish objective is located at 31.59 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 31.79 USD as an objective. Crossing it would then enable buyers to target 35.64 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 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
8.4
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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 price is 28.57 USD. The price has increased by +5.93% since the last closing and was between 26.96 USD and 28.92 USD. This implies that the price is at +5.97% from its lowest and at -1.21% from its highest.26.96
28.92
28.57
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this ETHEREUM NAME SERVICE - ENS/USD chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 14 technical indicators on 18 studied are currently bullish. 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
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 26.08 | 27.43 | 28.37 | 28.57 |
| Change (%) | -8.72% | -3.99% | -0.70% | - |
| Change | -2.49 | -1.14 | -0.20 | - |
| Level | Major | Minor | Major | - |
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 | 23.51 | 24.98 | 25.97 | 27.44 | 28.43 | 29.90 | 30.89 |
| Camarilla | 26.29 | 26.52 | 26.75 | 26.97 | 27.20 | 27.42 | 27.65 |
| Woodie | 23.28 | 24.86 | 25.74 | 27.32 | 28.20 | 29.78 | 30.66 |
| Fibonacci | 24.98 | 25.92 | 26.50 | 27.44 | 28.38 | 28.96 | 29.90 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.65 | 16.93 | 20.98 | 24.26 | 28.31 | 31.59 | 35.64 |
| Camarilla | 23.02 | 23.70 | 24.37 | 25.04 | 25.71 | 26.38 | 27.06 |
| Woodie | 14.05 | 17.12 | 21.38 | 24.45 | 28.71 | 31.78 | 36.04 |
| Fibonacci | 16.93 | 19.73 | 21.46 | 24.26 | 27.06 | 28.79 | 31.59 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 60.94 | |
| MACD (12,26,9): | 0.3100 | |
| Directional Movement: | 15.41 | |
| AROON (14): | 35.72 | |
| DEMA (21): | 27.93 | |
| Parabolic SAR (0,02-0,02-0,2): | 28.25 | |
| Elder Ray (13): | 0.46 | |
| Super Trend (3,10): | 26.74 | |
| Zig ZAG (10): | 28.10 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 85.34 | |
| TEMA (21): | 27.90 | |
| Williams %R (14): | -9.93 | |
| Chande Momentum Oscillator (20): | 1.23 | |
| Repulse (5,40,3): | 0.4900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 5.29 |
| MA7: | 25.45 | |
| MA20: | 24.01 | |
| MA50: | 22.21 | |
| MA100: | 19.79 | |
| MAexp7: | 27.85 | |
| MAexp20: | 27.52 | |
| MAexp50: | 26.87 | |
| MAexp100: | 26.11 | |
| Price / MA7: | +12.26% | |
| Price / MA20: | +18.99% | |
| Price / MA50: | +28.64% | |
| Price / MA100: | +44.37% | |
| Price / MAexp7: | +2.59% | |
| Price / MAexp20: | +3.82% | |
| Price / MAexp50: | +6.33% | |
| Price / MAexp100: | +9.42% |
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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