EOS - EOS/USD - Daily - Technical analysis published on 09/29/2022 (GMT)
- 218
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 1.28 USD
My targets
1.11 USD (-6.47%)
0.89 USD (-25.21%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EOS - EOS/USD as long as the price remains well below 1.28 USD. The sellers' bearish objective is set at 1.11 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.89 USD.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5
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 Nhanna0513. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EOS - EOS/USD rating 1.19 USD. On the day, this instrument gained +3.48% and was traded between 1.15 USD and 1.21 USD over the period. The price is currently at +3.48% from its lowest and -1.65% from its highest.1.15
1.21
1.19
Here is a more detailed summary of the historical variations registered by EOS - EOS/USD:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of EOS - EOS/USD in Daily shows an overall bearish trend. 75.00% 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 market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 4 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|
ProTrendLines | 0.89 | 1.19 | 1.38 | 1.84 | 2.34 |
Change (%) | -25.21% | - | +15.97% | +54.62% | +96.64% |
Change | -0.30 | - | +0.19 | +0.65 | +1.15 |
Level | Major | - | Intermediate | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.06 | 1.08 | 1.12 | 1.14 | 1.18 | 1.20 | 1.24 |
Camarilla | 1.13 | 1.14 | 1.15 | 1.15 | 1.16 | 1.16 | 1.17 |
Woodie | 1.06 | 1.09 | 1.12 | 1.15 | 1.18 | 1.21 | 1.24 |
Fibonacci | 1.08 | 1.11 | 1.12 | 1.14 | 1.17 | 1.18 | 1.20 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.77 | 0.97 | 1.08 | 1.28 | 1.39 | 1.59 | 1.70 |
Camarilla | 1.12 | 1.14 | 1.17 | 1.20 | 1.23 | 1.26 | 1.29 |
Woodie | 0.74 | 0.95 | 1.05 | 1.26 | 1.36 | 1.57 | 1.67 |
Fibonacci | 0.97 | 1.09 | 1.16 | 1.28 | 1.40 | 1.47 | 1.59 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.46 | 0.86 | 1.11 | 1.51 | 1.76 | 2.16 | 2.41 |
Camarilla | 1.19 | 1.25 | 1.31 | 1.37 | 1.43 | 1.49 | 1.55 |
Woodie | 0.40 | 0.82 | 1.05 | 1.47 | 1.70 | 2.12 | 2.35 |
Fibonacci | 0.86 | 1.11 | 1.26 | 1.51 | 1.76 | 1.91 | 2.16 |
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): | 40.70 | |
MACD (12,26,9): | -0.0900 | |
Directional Movement: | -6.52 | |
AROON (14): | -78.57 | |
DEMA (21): | 1.19 | |
Parabolic SAR (0,02-0,02-0,2): | 1.28 | |
Elder Ray (13): | -0.07 | |
Super Trend (3,10): | 1.46 | |
Zig ZAG (10): | 1.19 | |
VORTEX (21): | 0.8200 | |
Stochastique (14,3,5): | 12.38 | |
TEMA (21): | 1.11 | |
Williams %R (14): | -78.95 | |
Chande Momentum Oscillator (20): | -0.28 | |
Repulse (5,40,3): | 1.1600 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.7200 | |
Courbe Coppock: | 41.66 |
MA7: | 1.18 | |
MA20: | 1.35 | |
MA50: | 1.44 | |
MA100: | 1.26 | |
MAexp7: | 1.20 | |
MAexp20: | 1.30 | |
MAexp50: | 1.36 | |
MAexp100: | 1.38 | |
Price / MA7: | +0.85% | |
Price / MA20: | -11.85% | |
Price / MA50: | -17.36% | |
Price / MA100: | -5.56% | |
Price / MAexp7: | -0.83% | |
Price / MAexp20: | -8.46% | |
Price / MAexp50: | -12.50% | |
Price / MAexp100: | -13.77% |
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