ETHEREUM NAME SERVICE - ENS/USD - 1H - Technical analysis published on 07/31/2024 (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 bearish
Underlying:
Strongly bearish
Technical indicators
44%
17%
39%
My opinion
Bearish under 26.76 USD
My targets
26.08 USD (-1.32%)
25.42 USD (-3.82%)
My analysis
ETHEREUM NAME SERVICE - ENS/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 26.76 USD. The next support located at 26.08 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 25.42 USD. Below this support, sellers could then target 22.61 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
4.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ETHEREUM NAME SERVICE - ENS/USD rating 26.43 USD. On the day, this instrument lost -0.11% and was between 26.04 USD and 27.00 USD. This implies that the price is at +1.50% from its lowest and at -2.11% from its highest.26.04
27.00
26.43
Here is a more detailed summary of the historical variations registered by ETHEREUM NAME SERVICE - ENS/USD:
Technical
Technical analysis of ETHEREUM NAME SERVICE - ENS/USD in 1H shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a slightly bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 22.61 | 25.42 | 26.08 | 26.43 | 26.76 | 27.49 | 28.37 |
| Change (%) | -14.45% | -3.82% | -1.32% | - | +1.25% | +4.01% | +7.34% |
| Change | -3.82 | -1.01 | -0.35 | - | +0.33 | +1.06 | +1.94 |
| Level | Intermediate | Minor | Major | - | Intermediate | Intermediate | 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 | 23.67 | 24.90 | 25.68 | 26.91 | 27.69 | 28.92 | 29.70 |
| Camarilla | 25.91 | 26.09 | 26.28 | 26.46 | 26.64 | 26.83 | 27.01 |
| Woodie | 23.45 | 24.79 | 25.46 | 26.80 | 27.47 | 28.81 | 29.48 |
| Fibonacci | 24.90 | 25.67 | 26.14 | 26.91 | 27.68 | 28.15 | 28.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.62 | 22.52 | 24.62 | 27.52 | 29.62 | 32.52 | 34.62 |
| Camarilla | 25.35 | 25.80 | 26.26 | 26.72 | 27.18 | 27.64 | 28.10 |
| Woodie | 19.22 | 22.32 | 24.22 | 27.32 | 29.22 | 32.32 | 34.22 |
| Fibonacci | 22.52 | 24.43 | 25.61 | 27.52 | 29.43 | 30.61 | 32.52 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.65 | 14.70 | 22.68 | 26.73 | 34.71 | 38.76 | 46.74 |
| Camarilla | 27.35 | 28.46 | 29.56 | 30.66 | 31.76 | 32.87 | 33.97 |
| Woodie | 12.62 | 15.68 | 24.65 | 27.71 | 36.68 | 39.74 | 48.71 |
| Fibonacci | 14.70 | 19.30 | 22.14 | 26.73 | 31.33 | 34.17 | 38.76 |
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): | 45.84 | |
| MACD (12,26,9): | -0.1800 | |
| Directional Movement: | -0.96 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 26.28 | |
| Parabolic SAR (0,02-0,02-0,2): | 26.84 | |
| Elder Ray (13): | -0.14 | |
| Super Trend (3,10): | 27.27 | |
| Zig ZAG (10): | 26.43 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 22.49 | |
| TEMA (21): | 26.23 | |
| Williams %R (14): | -66.55 | |
| Chande Momentum Oscillator (20): | 0.07 | |
| Repulse (5,40,3): | 0.2200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 1.10 |
| MA7: | 26.73 | |
| MA20: | 26.78 | |
| MA50: | 25.89 | |
| MA100: | 22.36 | |
| MAexp7: | 26.37 | |
| MAexp20: | 26.53 | |
| MAexp50: | 26.78 | |
| MAexp100: | 26.87 | |
| Price / MA7: | -1.12% | |
| Price / MA20: | -1.31% | |
| Price / MA50: | +2.09% | |
| Price / MA100: | +18.20% | |
| Price / MAexp7: | +0.23% | |
| Price / MAexp20: | -0.38% | |
| Price / MAexp50: | -1.31% | |
| Price / MAexp100: | -1.64% |
Quotes :
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Real time data
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