EOS - EOS/USDT - 1H - Technical analysis published on 03/11/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 1.00 USDT
My targets
0.93 USDT (-3.81%)
0.87 USDT (-10.31%)
My analysis
EOS - EOS/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.00 USDT. The next support located at 0.93 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.87 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7
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 MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EOS - EOS/USDT rating is 0.97 USDT. On the day, this instrument lost -6.73% with the lowest point at 0.96 USDT and the highest point at 1.07 USDT. The deviation from the price is +1.04% for the low point and -9.35% for the high point.0.96
1.07
0.97
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of EOS - EOS/USDT indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 5 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.87 | 0.97 | 1.00 | 1.03 | 1.06 |
| Change (%) | -10.31% | - | +3.09% | +6.19% | +9.28% |
| Change | -0.10 | - | +0.03 | +0.06 | +0.09 |
| Level | Major | - | Intermediate | Major | 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 | 0.95 | 0.97 | 1.01 | 1.03 | 1.07 | 1.09 | 1.13 |
| Camarilla | 1.02 | 1.03 | 1.04 | 1.04 | 1.05 | 1.05 | 1.06 |
| Woodie | 0.95 | 0.98 | 1.01 | 1.04 | 1.07 | 1.10 | 1.13 |
| Fibonacci | 0.97 | 1.00 | 1.01 | 1.03 | 1.06 | 1.07 | 1.09 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.93 | 1.04 | 1.13 | 1.24 | 1.33 | 1.44 | 1.53 |
| Camarilla | 1.18 | 1.19 | 1.21 | 1.23 | 1.25 | 1.27 | 1.29 |
| Woodie | 0.93 | 1.04 | 1.13 | 1.24 | 1.33 | 1.44 | 1.53 |
| Fibonacci | 1.04 | 1.11 | 1.16 | 1.24 | 1.31 | 1.36 | 1.44 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.71 | 0.86 | 1.02 | 1.17 | 1.33 | 1.48 | 1.64 |
| Camarilla | 1.11 | 1.13 | 1.16 | 1.19 | 1.22 | 1.25 | 1.28 |
| Woodie | 0.73 | 0.86 | 1.04 | 1.17 | 1.35 | 1.48 | 1.66 |
| Fibonacci | 0.86 | 0.98 | 1.05 | 1.17 | 1.29 | 1.36 | 1.48 |
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): | 30.76 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | -28.77 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 0.97 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.01 | |
| Elder Ray (13): | -0.02 | |
| Super Trend (3,10): | 1.01 | |
| Zig ZAG (10): | 0.97 | |
| VORTEX (21): | 0.8000 | |
| Stochastique (14,3,5): | 9.70 | |
| TEMA (21): | 0.96 | |
| Williams %R (14): | -88.15 | |
| Chande Momentum Oscillator (20): | -0.07 | |
| Repulse (5,40,3): | -0.5300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2700 | |
| Courbe Coppock: | 14.88 |
| MA7: | 1.11 | |
| MA20: | 1.17 | |
| MA50: | 1.10 | |
| MA100: | 1.02 | |
| MAexp7: | 0.97 | |
| MAexp20: | 1.00 | |
| MAexp50: | 1.04 | |
| MAexp100: | 1.08 | |
| Price / MA7: | -12.61% | |
| Price / MA20: | -17.09% | |
| Price / MA50: | -11.82% | |
| Price / MA100: | -4.90% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -3.00% | |
| Price / MAexp50: | -6.73% | |
| Price / MAexp100: | -10.19% |
Quotes :
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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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