EOS - EOS/USD - 1H - Technical analysis published on 05/01/2020 (GMT)
- Who voted?
- 234
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 2.86 USD
My targets
2.97 USD (+3.13%)
3.06 USD (+6.25%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on EOS - EOS/USD. As long as you are above the support located at 2.86 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 2.97 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 3.06 USD as an objective. Crossing it would then enable buyers to target 3.12 USD. If the support 2.86 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
4.1
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:
Additional analysis
Quotes
The EOS - EOS/USD rating is 2.88 USD. The price has increased by +1.41% since the last closing and was between 2.82 USD and 2.90 USD. This implies that the price is at +2.13% from its lowest and at -0.69% from its highest.2.82
2.90
2.88
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
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of EOS - EOS/USD in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.75 | 2.80 | 2.86 | 2.88 | 2.97 | 3.06 | 3.12 |
| Change (%) | -4.51% | -2.78% | -0.69% | - | +3.13% | +6.25% | +8.33% |
| Change | -0.13 | -0.08 | -0.02 | - | +0.09 | +0.18 | +0.24 |
| Level | Major | Minor | Minor | - | Minor | Minor | Major |
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 | 2.32 | 2.53 | 2.69 | 2.90 | 3.06 | 3.27 | 3.43 |
| Camarilla | 2.74 | 2.77 | 2.81 | 2.84 | 2.87 | 2.91 | 2.94 |
| Woodie | 2.29 | 2.52 | 2.66 | 2.89 | 3.03 | 3.26 | 3.40 |
| Fibonacci | 2.53 | 2.68 | 2.76 | 2.90 | 3.05 | 3.13 | 3.27 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.13 | 2.29 | 2.49 | 2.65 | 2.85 | 3.01 | 3.21 |
| Camarilla | 2.60 | 2.63 | 2.67 | 2.70 | 2.73 | 2.77 | 2.80 |
| Woodie | 2.16 | 2.30 | 2.52 | 2.66 | 2.88 | 3.02 | 3.24 |
| Fibonacci | 2.29 | 2.42 | 2.51 | 2.65 | 2.78 | 2.87 | 3.01 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.17 | 1.66 | 2.25 | 2.74 | 3.33 | 3.82 | 4.41 |
| Camarilla | 2.54 | 2.64 | 2.74 | 2.84 | 2.94 | 3.04 | 3.14 |
| Woodie | 1.22 | 1.69 | 2.30 | 2.77 | 3.38 | 3.85 | 4.46 |
| Fibonacci | 1.66 | 2.07 | 2.33 | 2.74 | 3.15 | 3.41 | 3.82 |
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): | 50.30 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -0.11 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 2.86 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.77 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 2.93 | |
| Zig ZAG (10): | 2.88 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 75.00 | |
| TEMA (21): | 2.86 | |
| Williams %R (14): | -25.00 | |
| Chande Momentum Oscillator (20): | 0.02 | |
| Repulse (5,40,3): | -0.0700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0900 | |
| Courbe Coppock: | 2.02 |
| MA7: | 2.81 | |
| MA20: | 2.66 | |
| MA50: | 2.44 | |
| MA100: | 3.24 | |
| MAexp7: | 2.88 | |
| MAexp20: | 2.87 | |
| MAexp50: | 2.88 | |
| MAexp100: | 2.84 | |
| Price / MA7: | +2.49% | |
| Price / MA20: | +8.27% | |
| Price / MA50: | +18.03% | |
| Price / MA100: | -11.11% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.35% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | +1.41% |
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis EOS - EOS/USD - 1H