EOS - EOS/USDT - Daily - Technical analysis published on 11/13/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 3.21 USDT
My targets
3.67 USDT (+6.07%)
4.55 USDT (+31.50%)
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 3.21 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 3.67 USDT. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 4.55 USDT would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 5.08 USDT. Beware of a possible return to under the support located at 3.21 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
3.4
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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 rating is 3.46 USDT. On the day, this instrument lost -0.58% and was between 3.42 USDT and 3.49 USDT. This implies that the price is at +1.17% from its lowest and at -0.86% from its highest.3.42
3.49
3.46
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
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this EOS - EOS/USDT chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish 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, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : Daily
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 | 1.74 | 2.72 | 3.21 | 3.46 | 3.67 | 4.55 | 5.08 |
| Change (%) | -49.71% | -21.39% | -7.23% | - | +6.07% | +31.50% | +46.82% |
| Change | -1.72 | -0.74 | -0.25 | - | +0.21 | +1.09 | +1.62 |
| Level | Intermediate | Minor | Intermediate | - | Major | Minor | 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 | 3.29 | 3.35 | 3.41 | 3.47 | 3.53 | 3.59 | 3.65 |
| Camarilla | 3.45 | 3.46 | 3.47 | 3.48 | 3.49 | 3.50 | 3.51 |
| Woodie | 3.30 | 3.35 | 3.42 | 3.47 | 3.54 | 3.59 | 3.66 |
| Fibonacci | 3.35 | 3.39 | 3.42 | 3.47 | 3.51 | 3.54 | 3.59 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.76 | 2.99 | 3.24 | 3.46 | 3.71 | 3.93 | 4.18 |
| Camarilla | 3.36 | 3.40 | 3.45 | 3.49 | 3.53 | 3.58 | 3.62 |
| Woodie | 2.78 | 2.99 | 3.25 | 3.47 | 3.72 | 3.94 | 4.20 |
| Fibonacci | 2.99 | 3.17 | 3.28 | 3.46 | 3.64 | 3.75 | 3.93 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.73 | 2.15 | 2.70 | 3.12 | 3.67 | 4.09 | 4.64 |
| Camarilla | 2.99 | 3.08 | 3.16 | 3.25 | 3.34 | 3.43 | 3.52 |
| Woodie | 1.80 | 2.19 | 2.77 | 3.15 | 3.74 | 4.12 | 4.71 |
| Fibonacci | 2.15 | 2.52 | 2.75 | 3.12 | 3.49 | 3.72 | 4.09 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.53 | |
| MACD (12,26,9): | 0.1000 | |
| Directional Movement: | 7.14 | |
| AROON (14): | 35.72 | |
| DEMA (21): | 3.50 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.33 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 3.00 | |
| Zig ZAG (10): | 3.46 | |
| VORTEX (21): | 1.1900 | |
| Stochastique (14,3,5): | 56.21 | |
| TEMA (21): | 3.58 | |
| Williams %R (14): | -43.79 | |
| Chande Momentum Oscillator (20): | 0.12 | |
| Repulse (5,40,3): | -0.4600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4700 | |
| Courbe Coppock: | 16.31 |
| MA7: | 3.48 | |
| MA20: | 3.39 | |
| MA50: | 3.13 | |
| MA100: | 3.42 | |
| MAexp7: | 3.47 | |
| MAexp20: | 3.37 | |
| MAexp50: | 3.33 | |
| MAexp100: | 3.58 | |
| Price / MA7: | -0.57% | |
| Price / MA20: | +2.06% | |
| Price / MA50: | +10.54% | |
| Price / MA100: | +1.17% | |
| Price / MAexp7: | -0.29% | |
| Price / MAexp20: | +2.67% | |
| Price / MAexp50: | +3.90% | |
| Price / MAexp100: | -3.35% |
This member declared not having a position on this financial instrument or a related financial instrument.
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