EOS - EOS/USDT - 1H - Technical analysis published on 02/22/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
50%
17%
33%
My opinion
Bearish under 1.25 USDT
My targets
1.20 USDT (-0.83%)
1.11 USDT (-8.26%)
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/USDT. As long as you are under the resistance located at 1.25 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 1.20 USDT would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 1.11 USDT as an objective. Crossing it would then enable sellers to target 1.03 USDT. If the resistance 1.25 USDT were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
3.4
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This analysis was given by MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EOS - EOS/USDT rating 1.21 USDT. The price registered a decrease of -0.82% on the session and was traded between 1.18 USDT and 1.22 USDT over the period. The price is currently at +2.54% from its lowest and -0.82% from its highest.1.18
1.22
1.21
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EOS - EOS/USDT:
Technical
A technical analysis in 1H of this EOS - EOS/USDT chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.03 | 1.11 | 1.20 | 1.21 | 1.25 | 1.28 | 1.31 |
| Change (%) | -14.88% | -8.26% | -0.83% | - | +3.31% | +5.79% | +8.26% |
| Change | -0.18 | -0.10 | -0.01 | - | +0.04 | +0.07 | +0.10 |
| Level | Major | Major | Intermediate | - | Minor | Major | 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 | 1.09 | 1.15 | 1.18 | 1.24 | 1.27 | 1.33 | 1.36 |
| Camarilla | 1.20 | 1.20 | 1.21 | 1.22 | 1.23 | 1.24 | 1.25 |
| Woodie | 1.09 | 1.14 | 1.18 | 1.23 | 1.27 | 1.32 | 1.36 |
| Fibonacci | 1.15 | 1.18 | 1.20 | 1.24 | 1.27 | 1.29 | 1.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.79 | 0.89 | 1.07 | 1.17 | 1.35 | 1.45 | 1.63 |
| Camarilla | 1.16 | 1.19 | 1.21 | 1.24 | 1.27 | 1.29 | 1.32 |
| Woodie | 0.82 | 0.91 | 1.10 | 1.19 | 1.38 | 1.47 | 1.66 |
| Fibonacci | 0.89 | 1.00 | 1.07 | 1.17 | 1.28 | 1.35 | 1.45 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.64 | 0.75 | 0.91 | 1.02 | 1.18 | 1.29 | 1.45 |
| Camarilla | 0.99 | 1.01 | 1.04 | 1.06 | 1.09 | 1.11 | 1.13 |
| Woodie | 0.66 | 0.76 | 0.93 | 1.03 | 1.20 | 1.30 | 1.47 |
| Fibonacci | 0.75 | 0.86 | 0.92 | 1.02 | 1.13 | 1.19 | 1.29 |
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): | 46.04 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -14.66 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 1.20 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.18 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 1.24 | |
| Zig ZAG (10): | 1.21 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 63.19 | |
| TEMA (21): | 1.20 | |
| Williams %R (14): | -35.42 | |
| Chande Momentum Oscillator (20): | 0.00 | |
| Repulse (5,40,3): | 0.5700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1200 | |
| Courbe Coppock: | 2.03 |
| MA7: | 1.20 | |
| MA20: | 1.12 | |
| MA50: | 1.06 | |
| MA100: | 0.99 | |
| MAexp7: | 1.20 | |
| MAexp20: | 1.21 | |
| MAexp50: | 1.22 | |
| MAexp100: | 1.22 | |
| Price / MA7: | +0.83% | |
| Price / MA20: | +8.04% | |
| Price / MA50: | +14.15% | |
| Price / MA100: | +22.22% | |
| Price / MAexp7: | +0.83% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -0.82% | |
| Price / MAexp100: | -0.82% |
Quotes :
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Real time data
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