EOS - EOS/USDT - 1H - Technical analysis published on 09/25/2019 (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
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 3.20 USDT
My targets
2.46 USDT (-15.75%)
1.74 USDT (-40.41%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EOS - EOS/USDT as long as the price remains well below 3.20 USDT. The sellers” bearish objective is set at 2.46 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.74 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
7
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Additional analysis
Quotes
The EOS - EOS/USDT price is 2.92 USDT. The price has increased by +4.66% since the last closing and was traded between 2.79 USDT and 2.97 USDT over the period. The price is currently at +4.66% from its lowest and -1.68% from its highest.2.79
2.97
2.92
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this EOS - EOS/USDT chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 5 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 1.74 | 2.46 | 2.92 | 3.20 | 3.68 | 3.85 |
| Change (%) | -40.41% | -15.75% | - | +9.59% | +26.03% | +31.85% |
| Change | -1.18 | -0.46 | - | +0.28 | +0.76 | +0.93 |
| Level | Intermediate | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.00 | 1.73 | 2.26 | 2.99 | 3.52 | 4.25 | 4.78 |
| Camarilla | 2.45 | 2.56 | 2.68 | 2.79 | 2.91 | 3.02 | 3.14 |
| Woodie | 0.90 | 1.68 | 2.16 | 2.94 | 3.42 | 4.20 | 4.68 |
| Fibonacci | 1.73 | 2.21 | 2.51 | 2.99 | 3.47 | 3.77 | 4.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.40 | 3.60 | 3.80 | 4.01 | 4.21 | 4.42 | 4.61 |
| Camarilla | 3.89 | 3.93 | 3.96 | 4.00 | 4.04 | 4.07 | 4.11 |
| Woodie | 3.39 | 3.60 | 3.80 | 4.01 | 4.20 | 4.41 | 4.61 |
| Fibonacci | 3.60 | 3.76 | 3.85 | 4.01 | 4.16 | 4.26 | 4.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.24 | 2.15 | 2.74 | 3.65 | 4.24 | 5.15 | 5.73 |
| Camarilla | 2.91 | 3.05 | 3.19 | 3.32 | 3.46 | 3.60 | 3.73 |
| Woodie | 1.08 | 2.07 | 2.57 | 3.57 | 4.07 | 5.07 | 5.57 |
| Fibonacci | 2.15 | 2.73 | 3.08 | 3.65 | 4.22 | 4.58 | 5.15 |
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): | 33.16 | |
| MACD (12,26,9): | -0.2300 | |
| Directional Movement: | -34.24 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 2.87 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.52 | |
| Elder Ray (13): | -0.09 | |
| Super Trend (3,10): | 3.11 | |
| Zig ZAG (10): | 2.91 | |
| VORTEX (21): | 0.6900 | |
| Stochastique (14,3,5): | 39.91 | |
| TEMA (21): | 2.76 | |
| Williams %R (14): | -58.64 | |
| Chande Momentum Oscillator (20): | -0.57 | |
| Repulse (5,40,3): | 0.3200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.8400 | |
| Courbe Coppock: | 40.23 |
| MA7: | 3.60 | |
| MA20: | 3.75 | |
| MA50: | 3.68 | |
| MA100: | 4.46 | |
| MAexp7: | 2.94 | |
| MAexp20: | 3.15 | |
| MAexp50: | 3.45 | |
| MAexp100: | 3.64 | |
| Price / MA7: | -18.89% | |
| Price / MA20: | -22.13% | |
| Price / MA50: | -20.65% | |
| Price / MA100: | -34.53% | |
| Price / MAexp7: | -0.68% | |
| Price / MAexp20: | -7.30% | |
| Price / MAexp50: | -15.36% | |
| Price / MAexp100: | -19.78% |
This member declared not having a position on this financial instrument or a related financial instrument.
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