EOS - EOS/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	EOSUSD
ISIN:

EOS - EOS/USD - Daily - Technical analysis published on 06/06/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

17%

44%

39%

My opinion

Bearish under 6.50 USD

My targets

5.56 USD (-4.47%)

4.83 USD (-16.96%)

My analysis

In the short term, we can see an acceleration in the bearish trend on EOS - EOS/USD, which is a positive signal for sellers. As long as the price remains above 6.50 USD, a sale could be considered. The first bearish objective is located at 5.56 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 4.83 USD as an objective. Crossing it would then enable sellers to target 3.88 USD. If the price were to return above 6.50 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

4.5

Comment on the analysis

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

The EOS - EOS/USD price is 5.82 USD. The price registered an increase of +0.69% on the session and was between 5.73 USD and 5.94 USD. This implies that the price is at +1.57% from its lowest and at -2.02% from its highest.

5.73

5.94

5.82

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 bearish trend. 67.86% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a slightly bearish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.33	3.88	5.56	5.82	7.02	8.57	11.48
Change (%)	-59.97%	-33.33%	-4.47%	-	+20.62%	+47.25%	+97.25%
Change	-3.49	-1.94	-0.26	-	+1.20	+2.75	+5.66
Level	Intermediate	Intermediate	Major	-	Intermediate	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.96	5.30	5.54	5.88	6.12	6.46	6.70
Camarilla	5.62	5.67	5.73	5.78	5.83	5.89	5.94
Woodie	4.91	5.28	5.49	5.86	6.07	6.44	6.65
Fibonacci	5.30	5.52	5.66	5.88	6.10	6.24	6.46

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.12	4.83	5.31	6.02	6.50	7.21	7.69
Camarilla	5.45	5.56	5.67	5.78	5.89	6.00	6.11
Woodie	4.00	4.77	5.19	5.96	6.38	7.15	7.57
Fibonacci	4.83	5.29	5.57	6.02	6.48	6.76	7.21

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):	43.75
MACD (12,26,9):	-0.4900
Directional Movement:	-4.49
AROON (14):	28.57
DEMA (21):	5.93
Parabolic SAR (0,02-0,02-0,2):	6.53
Elder Ray (13):	-0.44
Super Trend (3,10):	8.94
Zig ZAG (10):	5.80
VORTEX (21):	0.8600
Stochastique (14,3,5):	53.43
TEMA (21):	5.52
Williams %R (14):	-53.45
Chande Momentum Oscillator (20):	0.10
Repulse (5,40,3):	-6.9200
ROCnROLL:	2
TRIX (15,9):	-1.0300
Courbe Coppock:	9.18

MA7:	6.21
MA20:	6.15
MA50:	7.30
MA100:	6.11
MAexp7:	6.07
MAexp20:	6.55
MAexp50:	6.84
MAexp100:	6.25
Price / MA7:	-6.28%
Price / MA20:	-5.37%
Price / MA50:	-20.27%
Price / MA100:	-4.75%
Price / MAexp7:	-4.12%
Price / MAexp20:	-11.15%
Price / MAexp50:	-14.91%
Price / MAexp100:	-6.88%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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