ETHEREUM NAME SERVICE - ENS/USDT - 1H - Technical analysis published on 10/17/2022 (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
83%
6%
11%
My opinion
Bullish above 19.49 USDT
My targets
20.28 USDT (+2.17%)
20.93 USDT (+5.44%)
My analysis
The bullish trend is currently very strong on ETHEREUM NAME SERVICE - ENS/USDT. As long as the price remains above the support at 19.49 USDT, you could try to benefit from the boom. The first bullish objective is located at 20.28 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 20.93 USDT as an objective. Crossing it would then enable buyers to target 26.04 USDT. 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
8.6
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This analysis was given by Beba1123. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ETHEREUM NAME SERVICE - ENS/USDT rating 19.85 USDT. On the day, this instrument gained +0.25% with the lowest point at 19.72 USDT and the highest point at 19.85 USDT. The deviation from the price is +0.66% for the low point and 0% for the high point.19.72
19.85
19.85
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ETHEREUM NAME SERVICE - ENS/USDT:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ETHEREUM NAME SERVICE - ENS/USDT chart shows a strongly bullish trend. 92.86% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 17.71 | 18.18 | 19.49 | 19.85 | 20.28 | 20.93 | 26.04 |
| Change (%) | -10.78% | -8.41% | -1.81% | - | +2.17% | +5.44% | +31.18% |
| Change | -2.14 | -1.67 | -0.36 | - | +0.43 | +1.08 | +6.19 |
| Level | Major | Minor | Minor | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.15 | 18.63 | 19.22 | 19.70 | 20.29 | 20.77 | 21.36 |
| Camarilla | 19.51 | 19.60 | 19.70 | 19.80 | 19.90 | 20.00 | 20.09 |
| Woodie | 18.20 | 18.66 | 19.27 | 19.73 | 20.34 | 20.80 | 21.41 |
| Fibonacci | 18.63 | 19.04 | 19.30 | 19.70 | 20.11 | 20.37 | 20.77 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.53 | 14.23 | 16.89 | 18.59 | 21.25 | 22.95 | 25.61 |
| Camarilla | 18.34 | 18.74 | 19.14 | 19.54 | 19.94 | 20.34 | 20.74 |
| Woodie | 13.00 | 14.47 | 17.36 | 18.83 | 21.72 | 23.19 | 26.08 |
| Fibonacci | 14.23 | 15.90 | 16.93 | 18.59 | 20.26 | 21.29 | 22.95 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.32 | 10.86 | 13.47 | 15.01 | 17.62 | 19.16 | 21.77 |
| Camarilla | 14.93 | 15.31 | 15.69 | 16.07 | 16.45 | 16.83 | 17.21 |
| Woodie | 9.85 | 11.13 | 14.00 | 15.28 | 18.15 | 19.43 | 22.30 |
| Fibonacci | 10.86 | 12.45 | 13.43 | 15.01 | 16.60 | 17.58 | 19.16 |
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): | 55.05 | |
| MACD (12,26,9): | 0.0800 | |
| Directional Movement: | 10.10 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 19.77 | |
| Parabolic SAR (0,02-0,02-0,2): | 19.55 | |
| Elder Ray (13): | 0.07 | |
| Super Trend (3,10): | 19.16 | |
| Zig ZAG (10): | 19.75 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 60.93 | |
| TEMA (21): | 19.78 | |
| Williams %R (14): | -41.27 | |
| Chande Momentum Oscillator (20): | 0.19 | |
| Repulse (5,40,3): | -0.3100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 1.29 |
| MA7: | 18.86 | |
| MA20: | 17.22 | |
| MA50: | 15.38 | |
| MA100: | 14.37 | |
| MAexp7: | 19.75 | |
| MAexp20: | 19.67 | |
| MAexp50: | 19.49 | |
| MAexp100: | 19.04 | |
| Price / MA7: | +5.25% | |
| Price / MA20: | +15.27% | |
| Price / MA50: | +29.06% | |
| Price / MA100: | +38.14% | |
| Price / MAexp7: | +0.51% | |
| Price / MAexp20: | +0.92% | |
| Price / MAexp50: | +1.85% | |
| Price / MAexp100: | +4.25% |
Quotes :
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Real time data
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Cryptocompare
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