EOS - EOS/USD - 1H - Technical analysis published on 08/05/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 2.96 USD
My targets
3.13 USD (+2.62%)
3.23 USD (+5.90%)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade EOS - EOS/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 2.96 USD. The buyers” bullish objective is set at 3.13 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.23 USD. If there is any crossing, the next objective would be the resistance located at 3.32 USD. If there is a bearish break in the support located at 2.96 USD some indecision would arise.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.6
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EOS - EOS/USD rating is 3.05 USD. The price registered an increase of +0.33% on the session with the lowest point at 3.01 USD and the highest point at 3.08 USD. The deviation from the price is +1.33% for the low point and -0.97% for the high point.3.01
3.08
3.05
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of EOS - EOS/USD indicates that the overall trend is slightly bullish. Only 46.43% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.60 | 2.84 | 2.96 | 3.05 | 3.13 | 3.23 | 3.32 |
| Change (%) | -14.75% | -6.89% | -2.95% | - | +2.62% | +5.90% | +8.85% |
| Change | -0.45 | -0.21 | -0.09 | - | +0.08 | +0.18 | +0.27 |
| Level | Minor | Major | Major | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.85 | 2.91 | 2.98 | 3.04 | 3.11 | 3.17 | 3.24 |
| Camarilla | 3.01 | 3.03 | 3.04 | 3.05 | 3.06 | 3.07 | 3.09 |
| Woodie | 2.86 | 2.91 | 2.99 | 3.04 | 3.12 | 3.17 | 3.25 |
| Fibonacci | 2.91 | 2.96 | 2.99 | 3.04 | 3.09 | 3.12 | 3.17 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.20 | 2.42 | 2.87 | 3.09 | 3.54 | 3.76 | 4.21 |
| Camarilla | 3.13 | 3.19 | 3.25 | 3.31 | 3.37 | 3.43 | 3.49 |
| Woodie | 2.31 | 2.48 | 2.98 | 3.15 | 3.65 | 3.82 | 4.32 |
| Fibonacci | 2.42 | 2.68 | 2.84 | 3.09 | 3.35 | 3.51 | 3.76 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.69 | 2.00 | 2.53 | 2.84 | 3.37 | 3.68 | 4.21 |
| Camarilla | 2.83 | 2.91 | 2.98 | 3.06 | 3.14 | 3.21 | 3.29 |
| Woodie | 1.80 | 2.06 | 2.64 | 2.90 | 3.48 | 3.74 | 4.32 |
| Fibonacci | 2.00 | 2.32 | 2.52 | 2.84 | 3.16 | 3.36 | 3.68 |
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): | 56.92 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 10.41 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 3.04 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.97 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 3.08 | |
| Zig ZAG (10): | 3.05 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 80.95 | |
| TEMA (21): | 3.05 | |
| Williams %R (14): | -42.86 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | 0.0600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.79 |
| MA7: | 3.07 | |
| MA20: | 2.82 | |
| MA50: | 2.63 | |
| MA100: | 2.65 | |
| MAexp7: | 3.05 | |
| MAexp20: | 3.04 | |
| MAexp50: | 3.04 | |
| MAexp100: | 3.04 | |
| Price / MA7: | -0.65% | |
| Price / MA20: | +8.16% | |
| Price / MA50: | +15.97% | |
| Price / MA100: | +15.09% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.33% | |
| Price / MAexp50: | +0.33% | |
| Price / MAexp100: | +0.33% |
Quotes :
2020-08-05 12:21:26
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Real time data
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