EOS - EOS/USDT - 1H - Technical analysis published on 02/17/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 4.71 USDT
My targets
4.91 USDT (+2.29%)
5.37 USDT (+11.88%)
My analysis
EOS - EOS/USDT is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 4.71 USDT, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 4.91 USDT. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 5.37 USDT would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 5.59 USDT. Beware of a possible return to under the support located at 4.71 USDT which would be the sign of a correction of the bullish excesses registered in the short term.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EOS - EOS/USDT price is 4.80 USDT. The price registered an increase of +3.23% on the session with the lowest point at 4.43 USDT and the highest point at 4.88 USDT. The deviation from the price is +8.35% for the low point and -1.64% for the high point.4.43
4.88
4.80
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EOS - EOS/USDT:
Technical
Technical analysis of this 1H chart of EOS - EOS/USDT indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.88 | 4.24 | 4.52 | 4.80 | 4.91 | 5.37 | 5.59 |
| Change (%) | -19.17% | -11.67% | -5.83% | - | +2.29% | +11.88% | +16.46% |
| Change | -0.92 | -0.56 | -0.28 | - | +0.11 | +0.57 | +0.79 |
| Level | Minor | Minor | Major | - | Intermediate | Intermediate | Intermediate |
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 | 3.85 | 4.14 | 4.39 | 4.68 | 4.93 | 5.22 | 5.47 |
| Camarilla | 4.50 | 4.55 | 4.60 | 4.65 | 4.70 | 4.75 | 4.79 |
| Woodie | 3.84 | 4.13 | 4.38 | 4.67 | 4.92 | 5.21 | 5.46 |
| Fibonacci | 4.14 | 4.35 | 4.47 | 4.68 | 4.89 | 5.01 | 5.22 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.38 | 2.21 | 3.88 | 4.71 | 6.38 | 7.21 | 8.87 |
| Camarilla | 4.86 | 5.08 | 5.31 | 5.54 | 5.77 | 6.00 | 6.23 |
| Woodie | 1.80 | 2.42 | 4.29 | 4.92 | 6.79 | 7.42 | 9.29 |
| Fibonacci | 2.21 | 3.17 | 3.76 | 4.71 | 5.66 | 6.25 | 7.21 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.74 | 1.57 | 2.25 | 3.08 | 3.76 | 4.59 | 5.27 |
| Camarilla | 2.51 | 2.65 | 2.79 | 2.93 | 3.07 | 3.20 | 3.34 |
| Woodie | 0.67 | 1.53 | 2.17 | 3.04 | 3.68 | 4.55 | 5.19 |
| Fibonacci | 1.57 | 2.15 | 2.50 | 3.08 | 3.66 | 4.01 | 4.59 |
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): | 55.35 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 9.59 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 4.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.58 | |
| Elder Ray (13): | 0.07 | |
| Super Trend (3,10): | 4.51 | |
| Zig ZAG (10): | 4.77 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 79.40 | |
| TEMA (21): | 4.78 | |
| Williams %R (14): | -25.39 | |
| Chande Momentum Oscillator (20): | 0.24 | |
| Repulse (5,40,3): | -0.9100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 9.26 |
| MA7: | 4.87 | |
| MA20: | 3.83 | |
| MA50: | 3.21 | |
| MA100: | 3.04 | |
| MAexp7: | 4.77 | |
| MAexp20: | 4.71 | |
| MAexp50: | 4.73 | |
| MAexp100: | 4.74 | |
| Price / MA7: | -1.44% | |
| Price / MA20: | +25.33% | |
| Price / MA50: | +49.53% | |
| Price / MA100: | +57.89% | |
| Price / MAexp7: | +0.63% | |
| Price / MAexp20: | +1.91% | |
| Price / MAexp50: | +1.48% | |
| Price / MAexp100: | +1.27% |
Quotes :
2021-02-17 16:08:31
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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.
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