EOS - EOS/USDT
EOS - EOS/USDT
- USDT (-)
- Real time data - Cryptocompare
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Type: Cryptocurrencies
Ticker: EOSUSDT
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EOS - EOS/USDT - 1H - Technical analysis published on 12/30/2019 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Bearish
De fond: Slightly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 2.72 USDT
My targets
2.60 USDT (-0.76%)
2.54 USDT (-3.05%)
My analysis
The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade EOS - EOS/USDT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 2.72 USDT. The next bearish objective for sellers is set at 2.60 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.54 USDT. In case of crossing, the next objective would be the support located at 2.50 USDT. In the event of a bullish break in the resistance located at 2.72 USDT a certain indecision would take hold.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
4.5

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The EOS - EOS/USDT price is 2.62 USDT. The price registered a decrease of -2.60% on the session and was traded between 2.60 USDT and 2.72 USDT over the period. The price is currently at +0.77% from its lowest and -3.68% from its highest.

2.60
2.72
2.62

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of EOS - EOS/USDT indicates that the overall trend is slightly bearish. Only 50% of the signals given by moving averages are bearish. This slightly bearish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour


Resistance of channel 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


S3S2S1PriceR1R2R3
ProTrendLines 2.50 2.54 2.60 2.62 2.63 3.64 4.08
Change (%) -4.58% -3.05% -0.76% - +0.38% +38.93% +55.73%
Change -0.12 -0.08 -0.02 - +0.01 +1.02 +1.46
Level Intermediate Minor Minor - Intermediate 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
Standard2.542.582.632.672.732.772.82
Camarilla2.662.672.682.692.702.712.71
Woodie2.552.582.642.682.742.772.83
Fibonacci2.582.622.642.672.712.732.77


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.252.342.482.582.722.812.95
Camarilla2.562.582.602.632.652.672.69
Woodie2.272.362.512.592.742.832.98
Fibonacci2.342.432.492.582.672.722.81


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.821.582.162.923.514.274.85
Camarilla2.382.502.632.752.872.993.12
Woodie0.731.542.082.883.424.224.76
Fibonacci1.582.092.412.923.443.754.27

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): 28.55
MACD (12,26,9): -0.0100
Directional Movement: -21.17
AROON (14): -64.29
DEMA (21): 2.66
Parabolic SAR (0,02-0,02-0,2): 2.69
Elder Ray (13): -0.05
Super Trend (3,10): 2.68
Zig ZAG (10): 2.62
VORTEX (21): 0.7700
Stochastique (14,3,5): 5.50
TEMA (21): 2.64
Williams %R (14): -90.52
Chande Momentum Oscillator (20): -0.09
Repulse (5,40,3): -1.6100
ROCnROLL: 2
TRIX (15,9): 0.0100
Courbe Coppock: 3.65
MA7: 2.58
MA20: 2.52
MA50: 2.74
MA100: 2.93
MAexp7: 2.64
MAexp20: 2.66
MAexp50: 2.66
MAexp100: 2.62
Price / MA7: +1.55%
Price / MA20: +3.97%
Price / MA50: -4.38%
Price / MA100: -10.58%
Price / MAexp7: -0.76%
Price / MAexp20: -1.50%
Price / MAexp50: -1.50%
Price / MAexp100: -0%

This member declared not having a position on this financial instrument or a related financial instrument.

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