EOS - EOS/USD - 1H - Technical analysis published on 06/05/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 5.79 USD
My targets
5.56 USD (-2.97%)
3.88 USD (-32.29%)
My analysis
EOS - EOS/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 5.79 USD. The next support located at 5.56 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 3.88 USD. Below this support, sellers could then target 2.33 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.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7.5
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This analysis was given by imorton777. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EOS - EOS/USD rating is 5.73 USD. The price is lower by -4.82% since the last closing and was between 5.73 USD and 6.22 USD. This implies that the price is at 0% from its lowest and at -7.88% from its highest.5.73
6.22
5.73
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
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 strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 4 are bullish, 2 are neutral and 12 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.33 | 3.88 | 5.56 | 5.73 | 5.79 | 5.92 | 6.07 |
| Change (%) | -59.34% | -32.29% | -2.97% | - | +1.05% | +3.32% | +5.93% |
| Change | -3.40 | -1.85 | -0.17 | - | +0.06 | +0.19 | +0.34 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.94 | 5.37 | 5.69 | 6.12 | 6.44 | 6.87 | 7.19 |
| Camarilla | 5.81 | 5.88 | 5.95 | 6.02 | 6.09 | 6.16 | 6.23 |
| Woodie | 4.90 | 5.34 | 5.65 | 6.09 | 6.40 | 6.84 | 7.15 |
| Fibonacci | 5.37 | 5.65 | 5.83 | 6.12 | 6.40 | 6.58 | 6.87 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.23 | 1.67 | 3.85 | 5.75 | 7.93 | 9.83 | 12.01 |
| Camarilla | 4.90 | 5.27 | 5.65 | 6.02 | 6.39 | 6.77 | 7.14 |
| Woodie | -0.10 | 1.74 | 3.98 | 5.82 | 8.06 | 9.90 | 12.14 |
| Fibonacci | 1.67 | 3.23 | 4.20 | 5.75 | 7.31 | 8.28 | 9.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -9.47 | -2.94 | 1.85 | 8.38 | 13.17 | 19.70 | 24.49 |
| Camarilla | 3.54 | 4.58 | 5.61 | 6.65 | 7.69 | 8.73 | 9.76 |
| Woodie | -10.33 | -3.38 | 0.99 | 7.95 | 12.31 | 19.27 | 23.63 |
| Fibonacci | -2.94 | 1.38 | 4.05 | 8.38 | 12.70 | 15.37 | 19.70 |
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): | 30.21 | |
| MACD (12,26,9): | -0.0600 | |
| Directional Movement: | -24.63 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 6.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.20 | |
| Elder Ray (13): | -0.15 | |
| Super Trend (3,10): | 6.14 | |
| Zig ZAG (10): | 5.89 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 5.03 | |
| TEMA (21): | 6.01 | |
| Williams %R (14): | -94.44 | |
| Chande Momentum Oscillator (20): | -0.13 | |
| Repulse (5,40,3): | -3.1100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 1.25 |
| MA7: | 6.25 | |
| MA20: | 6.32 | |
| MA50: | 7.34 | |
| MA100: | 6.09 | |
| MAexp7: | 6.00 | |
| MAexp20: | 6.03 | |
| MAexp50: | 6.12 | |
| MAexp100: | 6.19 | |
| Price / MA7: | -8.32% | |
| Price / MA20: | -9.34% | |
| Price / MA50: | -21.93% | |
| Price / MA100: | -5.91% | |
| Price / MAexp7: | -4.50% | |
| Price / MAexp20: | -4.98% | |
| Price / MAexp50: | -6.37% | |
| Price / MAexp100: | -7.43% |
Quotes :
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Real time data
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