EOS - EOS/USDT - 1H - Technical analysis published on 12/16/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 2.55 USDT
My targets
2.51 USDT (-0.79%)
2.22 USDT (-12.45%)
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 2.55 USDT. The next support located at 2.51 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 2.22 USDT. Below this support, sellers could then target 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
6.6
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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 2.53 USDT. The price registered a decrease of -1.17% on the session and was traded between 2.52 USDT and 2.57 USDT over the period. The price is currently at +0.40% from its lowest and -1.56% from its highest.2.52
2.57
2.53
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this EOS - EOS/USDT chart shows a sharp bearish trend. 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 5 are bullish, 5 are neutral and 8 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 1.74 | 2.51 | 2.53 | 2.55 | 2.57 | 2.60 |
| Change (%) | -31.23% | -0.79% | - | +0.79% | +1.58% | +2.77% |
| Change | -0.79 | -0.02 | - | +0.02 | +0.04 | +0.07 |
| Level | Intermediate | Intermediate | - | Minor | Intermediate | 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 | 2.49 | 2.51 | 2.54 | 2.56 | 2.59 | 2.62 | 2.64 |
| Camarilla | 2.55 | 2.55 | 2.56 | 2.56 | 2.57 | 2.57 | 2.58 |
| Woodie | 2.48 | 2.51 | 2.54 | 2.56 | 2.59 | 2.62 | 2.64 |
| Fibonacci | 2.51 | 2.53 | 2.54 | 2.56 | 2.58 | 2.60 | 2.62 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.22 | 2.37 | 2.46 | 2.61 | 2.71 | 2.86 | 2.96 |
| Camarilla | 2.50 | 2.52 | 2.54 | 2.56 | 2.59 | 2.61 | 2.63 |
| Woodie | 2.19 | 2.35 | 2.44 | 2.60 | 2.69 | 2.85 | 2.94 |
| Fibonacci | 2.37 | 2.46 | 2.52 | 2.61 | 2.71 | 2.77 | 2.86 |
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 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): | 42.63 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -10.40 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 2.54 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.52 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 2.57 | |
| Zig ZAG (10): | 2.53 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 55.13 | |
| TEMA (21): | 2.54 | |
| Williams %R (14): | -65.22 | |
| Chande Momentum Oscillator (20): | -0.03 | |
| Repulse (5,40,3): | -0.7500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 1.61 |
| MA7: | 2.58 | |
| MA20: | 2.66 | |
| MA50: | 3.00 | |
| MA100: | 3.13 | |
| MAexp7: | 2.54 | |
| MAexp20: | 2.55 | |
| MAexp50: | 2.56 | |
| MAexp100: | 2.58 | |
| Price / MA7: | -1.94% | |
| Price / MA20: | -4.89% | |
| Price / MA50: | -15.67% | |
| Price / MA100: | -19.17% | |
| Price / MAexp7: | -0.39% | |
| Price / MAexp20: | -0.78% | |
| Price / MAexp50: | -1.17% | |
| Price / MAexp100: | -1.94% |
This member declared not having a position on this financial instrument or a related financial instrument.
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