EOS - EOS/USDT - Daily - Technical analysis published on 12/03/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
39%
44%
17%
My opinion
Bearish under 2.92 USDT
My targets
2.16 USDT (-20.15%)
1.74 USDT (-35.79%)
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 2.92 USDT. The next support located at 2.16 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 1.74 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.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
6.3
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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 2.71 USDT. On the day, this instrument gained +1.50% and was traded between 2.65 USDT and 2.74 USDT over the period. The price is currently at +2.26% from its lowest and -1.09% from its highest.2.65
2.74
2.71
Here is a more detailed summary of the historical variations registered by EOS - EOS/USDT:
Technical
A technical analysis in Daily 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.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
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 | 1.74 | 2.71 | 2.72 | 3.64 | 4.55 |
| Change (%) | -35.79% | - | +0.37% | +34.32% | +67.90% |
| Change | -0.97 | - | +0.01 | +0.93 | +1.84 |
| Level | Intermediate | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.47 | 2.56 | 2.62 | 2.70 | 2.76 | 2.85 | 2.90 |
| Camarilla | 2.64 | 2.65 | 2.66 | 2.67 | 2.69 | 2.70 | 2.71 |
| Woodie | 2.46 | 2.55 | 2.60 | 2.70 | 2.75 | 2.84 | 2.89 |
| Fibonacci | 2.56 | 2.62 | 2.65 | 2.70 | 2.76 | 2.79 | 2.85 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.97 | 2.15 | 2.45 | 2.64 | 2.93 | 3.12 | 3.42 |
| Camarilla | 2.62 | 2.66 | 2.70 | 2.75 | 2.79 | 2.84 | 2.88 |
| Woodie | 2.02 | 2.18 | 2.51 | 2.66 | 2.99 | 3.15 | 3.47 |
| Fibonacci | 2.15 | 2.34 | 2.45 | 2.64 | 2.82 | 2.94 | 3.12 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.82 | 1.58 | 2.16 | 2.92 | 3.51 | 4.27 | 4.85 |
| Camarilla | 2.38 | 2.50 | 2.63 | 2.75 | 2.87 | 2.99 | 3.12 |
| Woodie | 0.73 | 1.54 | 2.08 | 2.88 | 3.42 | 4.22 | 4.76 |
| Fibonacci | 1.58 | 2.09 | 2.41 | 2.92 | 3.44 | 3.75 | 4.27 |
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): | 41.32 | |
| MACD (12,26,9): | -0.1500 | |
| Directional Movement: | -12.85 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 2.66 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.40 | |
| Elder Ray (13): | -0.08 | |
| Super Trend (3,10): | 3.13 | |
| Zig ZAG (10): | 2.71 | |
| VORTEX (21): | 0.8000 | |
| Stochastique (14,3,5): | 42.05 | |
| TEMA (21): | 2.58 | |
| Williams %R (14): | -54.07 | |
| Chande Momentum Oscillator (20): | -0.10 | |
| Repulse (5,40,3): | 0.4700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.7100 | |
| Courbe Coppock: | 29.07 |
| MA7: | 2.71 | |
| MA20: | 2.88 | |
| MA50: | 3.08 | |
| MA100: | 3.23 | |
| MAexp7: | 2.72 | |
| MAexp20: | 2.85 | |
| MAexp50: | 3.05 | |
| MAexp100: | 3.34 | |
| Price / MA7: | -0% | |
| Price / MA20: | -5.90% | |
| Price / MA50: | -12.01% | |
| Price / MA100: | -16.10% | |
| Price / MAexp7: | -0.37% | |
| Price / MAexp20: | -4.91% | |
| Price / MAexp50: | -11.15% | |
| Price / MAexp100: | -18.86% |
This member declared not having a position on this financial instrument or a related financial instrument.
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