EOS - EOS/USD - Daily - Technical analysis published on 09/01/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 1.31 USD
My targets
1.80 USD (+23.08%)
1.91 USD (+30.82%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on EOS - EOS/USD. As long as you are above the support located at 1.31 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 1.80 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 1.91 USD as an objective. Crossing it would then enable buyers to target 2.34 USD. If the support 1.31 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EOS - EOS/USD price is 1.46 USD. The price has increased by +6.57% since the last closing and was traded between 1.35 USD and 1.48 USD over the period. The price is currently at +8.15% from its lowest and -1.35% from its highest.1.35
1.48
1.46
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of EOS - EOS/USD in Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 8 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.89 | 1.19 | 1.46 | 1.48 | 1.91 | 2.34 |
| Change (%) | -39.04% | -18.49% | - | +1.37% | +30.82% | +60.27% |
| Change | -0.57 | -0.27 | - | +0.02 | +0.45 | +0.88 |
| Level | Major | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 1.28 | 1.32 | 1.35 | 1.39 | 1.42 | 1.46 | 1.49 |
| Camarilla | 1.35 | 1.36 | 1.36 | 1.37 | 1.38 | 1.38 | 1.39 |
| Woodie | 1.27 | 1.32 | 1.34 | 1.39 | 1.41 | 1.46 | 1.48 |
| Fibonacci | 1.32 | 1.35 | 1.37 | 1.39 | 1.42 | 1.44 | 1.46 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.79 | 1.09 | 1.31 | 1.61 | 1.83 | 2.13 | 2.35 |
| Camarilla | 1.40 | 1.45 | 1.49 | 1.54 | 1.59 | 1.64 | 1.68 |
| Woodie | 0.76 | 1.07 | 1.28 | 1.59 | 1.80 | 2.11 | 2.32 |
| Fibonacci | 1.09 | 1.29 | 1.41 | 1.61 | 1.81 | 1.93 | 2.13 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.30 | 0.72 | 1.05 | 1.47 | 1.80 | 2.22 | 2.55 |
| Camarilla | 1.16 | 1.23 | 1.30 | 1.37 | 1.44 | 1.51 | 1.58 |
| Woodie | 0.25 | 0.70 | 1.00 | 1.45 | 1.75 | 2.20 | 2.50 |
| Fibonacci | 0.72 | 1.01 | 1.19 | 1.47 | 1.76 | 1.94 | 2.22 |
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): | 51.20 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 3.60 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 1.55 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.81 | |
| Elder Ray (13): | -0.08 | |
| Super Trend (3,10): | 1.31 | |
| Zig ZAG (10): | 1.46 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 22.92 | |
| TEMA (21): | 1.52 | |
| Williams %R (14): | -68.75 | |
| Chande Momentum Oscillator (20): | 0.05 | |
| Repulse (5,40,3): | 0.0600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.9100 | |
| Courbe Coppock: | 13.62 |
| MA7: | 1.46 | |
| MA20: | 1.49 | |
| MA50: | 1.31 | |
| MA100: | 1.19 | |
| MAexp7: | 1.47 | |
| MAexp20: | 1.47 | |
| MAexp50: | 1.36 | |
| MAexp100: | 1.39 | |
| Price / MA7: | -0% | |
| Price / MA20: | -2.01% | |
| Price / MA50: | +11.45% | |
| Price / MA100: | +22.69% | |
| Price / MAexp7: | -0.68% | |
| Price / MAexp20: | -0.68% | |
| Price / MAexp50: | +7.35% | |
| Price / MAexp100: | +5.04% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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