EOS - EOS/USD - Daily - Technical analysis published on 06/08/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 2.48 USD
My targets
3.02 USD (+9.53%)
3.51 USD (+27.17%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on EOS - EOS/USD as long as the price remains well above 2.48 USD. The buyers” bullish objective is set at 3.02 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.51 USD. If there is any crossing, the next objective would be the resistance located at 4.40 USD.
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
4.3
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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
EOS - EOS/USD rating 2.76 USD. The price registered a decrease of -1.43% on the session with the lowest point at 2.75 USD and the highest point at 2.82 USD. The deviation from the price is +0.36% for the low point and -2.13% for the high point.2.75
2.82
2.76
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EOS - EOS/USD in Daily shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 11 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
MACD indicator: bearish divergence
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : Daily
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 : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.74 | 2.19 | 2.48 | 2.76 | 2.77 | 3.51 | 4.40 |
| Change (%) | -36.96% | -20.65% | -10.14% | - | +0.36% | +27.17% | +59.42% |
| Change | -1.02 | -0.57 | -0.28 | - | +0.01 | +0.75 | +1.64 |
| Level | Major | Minor | Major | - | Major | Minor | 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 | 2.66 | 2.70 | 2.75 | 2.79 | 2.84 | 2.88 | 2.93 |
| Camarilla | 2.78 | 2.78 | 2.79 | 2.80 | 2.81 | 2.82 | 2.83 |
| Woodie | 2.67 | 2.70 | 2.76 | 2.79 | 2.85 | 2.88 | 2.94 |
| Fibonacci | 2.70 | 2.73 | 2.76 | 2.79 | 2.82 | 2.85 | 2.88 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.35 | 2.47 | 2.64 | 2.76 | 2.93 | 3.05 | 3.22 |
| Camarilla | 2.72 | 2.75 | 2.77 | 2.80 | 2.83 | 2.85 | 2.88 |
| Woodie | 2.37 | 2.48 | 2.66 | 2.77 | 2.95 | 3.06 | 3.24 |
| Fibonacci | 2.47 | 2.58 | 2.65 | 2.76 | 2.87 | 2.94 | 3.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.58 | 1.94 | 2.30 | 2.66 | 3.02 | 3.38 | 3.74 |
| Camarilla | 2.47 | 2.54 | 2.60 | 2.67 | 2.74 | 2.80 | 2.87 |
| Woodie | 1.59 | 1.94 | 2.31 | 2.66 | 3.03 | 3.38 | 3.75 |
| Fibonacci | 1.94 | 2.21 | 2.38 | 2.66 | 2.93 | 3.10 | 3.38 |
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): | 54.75 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 8.81 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 2.75 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.63 | |
| Elder Ray (13): | 0.07 | |
| Super Trend (3,10): | 2.89 | |
| Zig ZAG (10): | 2.76 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 76.74 | |
| TEMA (21): | 2.79 | |
| Williams %R (14): | -27.91 | |
| Chande Momentum Oscillator (20): | 0.22 | |
| Repulse (5,40,3): | 0.3600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 16.92 |
| MA7: | 2.75 | |
| MA20: | 2.65 | |
| MA50: | 2.67 | |
| MA100: | 2.62 | |
| MAexp7: | 2.76 | |
| MAexp20: | 2.70 | |
| MAexp50: | 2.68 | |
| MAexp100: | 2.77 | |
| Price / MA7: | +0.36% | |
| Price / MA20: | +4.15% | |
| Price / MA50: | +3.37% | |
| Price / MA100: | +5.34% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +2.22% | |
| Price / MAexp50: | +2.99% | |
| Price / MAexp100: | -0.36% |
Quotes :
2020-06-08 16:01:17
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Real time data
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