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

EOS - EOS/USD - Daily - Technical analysis published on 05/26/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
56%
11%
33%
My opinion
Bearish under 0.900000 USD
My targets
0.843846 USD (-5.19%)
My analysis
The bearish basic trend is very strong on EOS - EOS/USD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.900000 USD. Crossing the first support at 0.843846 USD would be a sign of a further potential price plummet. Caution, a return to above the resistance located at 0.900000 USD would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
3.6

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:
Weekly

Additional analysis

Quotes

EOS - EOS/USD rating 0.890000 USD. On the day, this instrument gained +5.95% and was between 0.840000 USD and 0.890000 USD. This implies that the price is at +5.95% from its lowest and at 0% from its highest.

0.840000
0.890000
0.890000

A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


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. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by 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



The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.843846 0.890000 1.030000 1.260000 1.330000
Change (%) -5.19% - +15.73% +41.57% +49.44%
Change -0.046154 - +0.140000 +0.370000 +0.440000
Level Major - Intermediate Minor 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
Standard0.7933330.8066670.8233330.8366670.8533330.8666670.883333
Camarilla0.8317500.8345000.8372500.8400000.8427500.8455000.848250
Woodie0.7950000.8075000.8250000.8375000.8550000.8675000.885000
Fibonacci0.8066670.8181270.8252070.8366670.8481270.8552070.866667


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.8066670.8333330.8566670.8833330.9066670.9333330.956667
Camarilla0.8662500.8708330.8754170.8800000.8845830.8891670.893750
Woodie0.8050000.8325000.8550000.8825000.9050000.9325000.955000
Fibonacci0.8333330.8524330.8642330.8833330.9024330.9142330.933333


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.5800000.7800000.9000001.1000001.2200001.4200001.540000
Camarilla0.9320000.9613330.9906671.0200001.0493331.0786671.108000
Woodie0.5400000.7600000.8600001.0800001.1800001.4000001.500000
Fibonacci0.7800000.9022400.9777601.1000001.2222401.2977601.420000

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): 40.13
MACD (12,26,9): -0.0439
Directional Movement: -14.246580
AROON (14): -57.142857
DEMA (21): 0.833076
Parabolic SAR (0,02-0,02-0,2): 0.820000
Elder Ray (13): -0.009348
Super Trend (3,10): 0.923422
Zig ZAG (10): 0.880000
VORTEX (21): 0.7826
Stochastique (14,3,5): 33.80
TEMA (21): 0.835090
Williams %R (14): -33.33
Chande Momentum Oscillator (20): 0.010000
Repulse (5,40,3): 4.4009
ROCnROLL: -1
TRIX (15,9): -0.7628
Courbe Coppock: 9.71
MA7: 0.857143
MA20: 0.882000
MA50: 1.020600
MA100: 1.090200
MAexp7: 0.861847
MAexp20: 0.895884
MAexp50: 0.977860
MAexp100: 1.031170
Price / MA7: +3.83%
Price / MA20: +0.91%
Price / MA50: -12.80%
Price / MA100: -18.36%
Price / MAexp7: +3.27%
Price / MAexp20: -0.66%
Price / MAexp50: -8.98%
Price / MAexp100: -13.69%

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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