EOS - EOS/USDT - 1H - Technical analysis published on 12/18/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 2.46 USDT
My targets
2.54 USDT (+2.42%)
2.62 USDT (+5.65%)
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 2.46 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 2.54 USDT. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 2.62 USDT would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 2.75 USDT. Beware of a possible return to under the support located at 2.46 USDT which would be the sign of a correction of the bullish excesses registered in the short term.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
5.7
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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 2.48 USDT. On the day, this instrument gained +13.24% with the lowest point at 2.16 USDT and the highest point at 2.51 USDT. The deviation from the price is +14.81% for the low point and -1.20% for the high point.2.16
2.51
2.48
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EOS - EOS/USDT:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this EOS - EOS/USDT chart shows a slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
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:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.15 | 2.30 | 2.35 | 2.48 | 2.54 | 2.62 | 2.75 |
| Change (%) | -13.31% | -7.26% | -5.24% | - | +2.42% | +5.65% | +10.89% |
| Change | -0.33 | -0.18 | -0.13 | - | +0.06 | +0.14 | +0.27 |
| Level | Intermediate | Minor | Minor | - | Intermediate | 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 | 1.89 | 2.02 | 2.11 | 2.24 | 2.33 | 2.46 | 2.55 |
| Camarilla | 2.13 | 2.15 | 2.17 | 2.19 | 2.21 | 2.23 | 2.25 |
| Woodie | 1.86 | 2.01 | 2.08 | 2.23 | 2.30 | 2.45 | 2.52 |
| Fibonacci | 2.02 | 2.10 | 2.15 | 2.24 | 2.32 | 2.37 | 2.46 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 78.03 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 35.25 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 2.32 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.24 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 2.28 | |
| Zig ZAG (10): | 2.49 | |
| VORTEX (21): | 1.2000 | |
| Stochastique (14,3,5): | 93.69 | |
| TEMA (21): | 2.35 | |
| Williams %R (14): | -2.62 | |
| Chande Momentum Oscillator (20): | 0.18 | |
| Repulse (5,40,3): | 3.5300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 10.02 |
| MA7: | 2.48 | |
| MA20: | 2.62 | |
| MA50: | 2.95 | |
| MA100: | 3.10 | |
| MAexp7: | 2.35 | |
| MAexp20: | 2.30 | |
| MAexp50: | 2.32 | |
| MAexp100: | 2.39 | |
| Price / MA7: | -0% | |
| Price / MA20: | -5.34% | |
| Price / MA50: | -15.93% | |
| Price / MA100: | -20.00% | |
| Price / MAexp7: | +5.53% | |
| Price / MAexp20: | +7.83% | |
| Price / MAexp50: | +6.90% | |
| Price / MAexp100: | +3.77% |
This member declared not having a position on this financial instrument or a related financial instrument.
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