EOS - EOS/USD
EOS - EOS/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: EOSUSD
ISIN:

EOS - EOS/USD - Daily - Technical analysis published on 05/06/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 1.11 USD
My targets
0.96 USD (-6.80%)
0.85 USD (-17.48%)
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 1.11 USD. The sellers' bearish objective is set at 0.96 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.85 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.5

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
1H Weekly

Additional analysis

Quotes

The EOS - EOS/USD rating is 1.03 USD. The price has increased by +0.98% since the last closing and was traded between 1.02 USD and 1.04 USD over the period. The price is currently at +0.98% from its lowest and -0.96% from its highest.

1.02
1.04
1.03

Here is a more detailed summary of the historical variations registered by EOS - EOS/USD:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this EOS - EOS/USD chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

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: 7 are bullish, 6 are neutral and 5 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1R1PriceR2R3
ProTrendLines 0.85 0.96 1.03 1.03 1.11 1.26
Change (%) -17.48% -6.80% 0% - +7.77% +22.33%
Change -0.18 -0.07 0 - +0.08 +0.23
Level Major Major Major - Minor 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
Standard0.970.981.001.011.031.041.06
Camarilla1.011.021.021.021.021.031.03
Woodie0.980.981.011.011.041.041.07
Fibonacci0.980.991.001.011.021.031.04


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.870.930.981.041.091.151.20
Camarilla1.011.021.031.041.051.061.07
Woodie0.880.930.991.041.101.151.21
Fibonacci0.930.971.001.041.081.111.15


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.580.780.901.101.221.421.54
Camarilla0.930.960.991.021.051.081.11
Woodie0.540.760.861.081.181.401.50
Fibonacci0.780.900.981.101.221.301.42

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 41.84
MACD (12,26,9): -0.0400
Directional Movement: -11.80
AROON (14): 0
DEMA (21): 1.01
Parabolic SAR (0,02-0,02-0,2): 0.98
Elder Ray (13): -0.01
Super Trend (3,10): 1.13
Zig ZAG (10): 1.04
VORTEX (21): 0.7700
Stochastique (14,3,5): 36.36
TEMA (21): 0.99
Williams %R (14): -45.45
Chande Momentum Oscillator (20): -0.01
Repulse (5,40,3): 2.8200
ROCnROLL: -1
TRIX (15,9): -0.5200
Courbe Coppock: 13.33
MA7: 1.02
MA20: 1.06
MA50: 1.13
MA100: 1.13
MAexp7: 1.03
MAexp20: 1.06
MAexp50: 1.10
MAexp100: 1.11
Price / MA7: +0.98%
Price / MA20: -2.83%
Price / MA50: -8.85%
Price / MA100: -8.85%
Price / MAexp7: -0%
Price / MAexp20: -2.83%
Price / MAexp50: -6.36%
Price / MAexp100: -7.21%

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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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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