EOS - EOS/USD - Daily - Technical analysis published on 05/17/2021 (GMT)
- 266
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
28%
33%
39%
My opinion
Bullish above 8.57 USD
My targets
10.94 USD (+16.10%)
11.48 USD (+21.87%)
My analysis
The bullish trend is currently very strong on EOS - EOS/USD. As long as the price remains above the support at 8.57 USD, you could try to benefit from the boom. The first bullish objective is located at 10.94 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 11.48 USD as an objective. 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 are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5.9
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by imorton777. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EOS - EOS/USD rating 9.42 USD. The price is lower by -7.01% since the last closing and was between 8.62 USD and 10.12 USD. This implies that the price is at +9.28% from its lowest and at -6.92% from its highest.8.62
10.12
9.42
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EOS - EOS/USD:
Technical
A technical analysis in Daily of this EOS - EOS/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 7 are neutral and 6 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
Price
S3 | S2 | S1 | Price | R1 | |
---|---|---|---|---|---|
ProTrendLines | 3.88 | 5.56 | 8.57 | 9.42 | 11.48 |
Change (%) | -58.81% | -40.98% | -9.02% | - | +21.87% |
Change | -5.54 | -3.86 | -0.85 | - | +2.06 |
Level | Intermediate | Major | Major | - | 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 | 7.50 | 8.46 | 9.30 | 10.26 | 11.10 | 12.06 | 12.90 |
Camarilla | 9.64 | 9.80 | 9.97 | 10.13 | 10.30 | 10.46 | 10.63 |
Woodie | 7.43 | 8.43 | 9.23 | 10.23 | 11.03 | 12.03 | 12.83 |
Fibonacci | 8.46 | 9.15 | 9.58 | 10.26 | 10.95 | 11.38 | 12.06 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.20 | 4.07 | 7.15 | 11.02 | 14.10 | 17.97 | 21.05 |
Camarilla | 8.31 | 8.95 | 9.58 | 10.22 | 10.86 | 11.49 | 12.13 |
Woodie | -0.21 | 3.87 | 6.75 | 10.82 | 13.70 | 17.77 | 20.65 |
Fibonacci | 4.07 | 6.73 | 8.37 | 11.02 | 13.68 | 15.32 | 17.97 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.03 | 2.28 | 4.36 | 6.61 | 8.69 | 10.94 | 13.02 |
Camarilla | 5.26 | 5.66 | 6.05 | 6.45 | 6.85 | 7.24 | 7.64 |
Woodie | -0.05 | 2.24 | 4.29 | 6.57 | 8.62 | 10.90 | 12.95 |
Fibonacci | 2.28 | 3.93 | 4.95 | 6.61 | 8.26 | 9.28 | 10.94 |
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): | 52.71 | |
MACD (12,26,9): | 1.0600 | |
Directional Movement: | 7.08 | |
AROON (14): | 57.15 | |
DEMA (21): | 10.80 | |
Parabolic SAR (0,02-0,02-0,2): | 14.79 | |
Elder Ray (13): | -0.58 | |
Super Trend (3,10): | 6.93 | |
Zig ZAG (10): | 9.61 | |
VORTEX (21): | 1.0900 | |
Stochastique (14,3,5): | 43.32 | |
TEMA (21): | 11.14 | |
Williams %R (14): | -61.16 | |
Chande Momentum Oscillator (20): | 0.84 | |
Repulse (5,40,3): | -10.7500 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 2.2400 | |
Courbe Coppock: | 113.57 |
MA7: | 10.95 | |
MA20: | 9.10 | |
MA50: | 7.41 | |
MA100: | 5.78 | |
MAexp7: | 10.27 | |
MAexp20: | 9.38 | |
MAexp50: | 7.73 | |
MAexp100: | 6.31 | |
Price / MA7: | -13.97% | |
Price / MA20: | +3.52% | |
Price / MA50: | +27.13% | |
Price / MA100: | +62.98% | |
Price / MAexp7: | -8.28% | |
Price / MAexp20: | +0.43% | |
Price / MAexp50: | +21.86% | |
Price / MAexp100: | +49.29% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis EOS - EOS/USD - Daily