EOS - EOS/USD - 1H - Technical analysis published on 07/21/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 2.54 USD
My targets
2.76 USD (+5.23%)
2.84 USD (+8.40%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EOS - EOS/USD as long as the price remains well above 2.54 USD. The buyers” bullish objective is set at 2.76 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.84 USD. If there is any crossing, the next objective would be the resistance located at 3.51 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7
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Additional analysis
Quotes
The EOS - EOS/USD rating is 2.62 USD. The price registered an increase of +2.34% on the session and was between 2.56 USD and 2.63 USD. This implies that the price is at +2.34% from its lowest and at -0.38% from its highest.2.56
2.63
2.62
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
A technical analysis in 1H of this EOS - EOS/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
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:
Resistance of channel is broken
Type : Bullish
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 | 1.76 | 2.35 | 2.62 | 2.84 | 3.51 | 4.40 |
| Change (%) | -32.82% | -10.31% | - | +8.40% | +33.97% | +67.94% |
| Change | -0.86 | -0.27 | - | +0.22 | +0.89 | +1.78 |
| Level | Minor | Intermediate | - | Intermediate | 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 | 2.46 | 2.50 | 2.53 | 2.57 | 2.60 | 2.64 | 2.67 |
| Camarilla | 2.54 | 2.55 | 2.55 | 2.56 | 2.57 | 2.57 | 2.58 |
| Woodie | 2.46 | 2.50 | 2.53 | 2.57 | 2.60 | 2.64 | 2.67 |
| Fibonacci | 2.50 | 2.53 | 2.54 | 2.57 | 2.60 | 2.61 | 2.64 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.19 | 2.32 | 2.41 | 2.54 | 2.63 | 2.76 | 2.85 |
| Camarilla | 2.45 | 2.47 | 2.49 | 2.51 | 2.53 | 2.55 | 2.57 |
| Woodie | 2.18 | 2.31 | 2.40 | 2.53 | 2.62 | 2.75 | 2.84 |
| Fibonacci | 2.32 | 2.40 | 2.45 | 2.54 | 2.62 | 2.67 | 2.76 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.43 | 1.82 | 2.10 | 2.49 | 2.77 | 3.16 | 3.44 |
| Camarilla | 2.19 | 2.25 | 2.31 | 2.37 | 2.43 | 2.49 | 2.55 |
| Woodie | 1.37 | 1.79 | 2.04 | 2.46 | 2.71 | 3.13 | 3.38 |
| Fibonacci | 1.82 | 2.08 | 2.24 | 2.49 | 2.75 | 2.91 | 3.16 |
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): | 53.99 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 11.01 | |
| AROON (14): | 85.72 | |
| DEMA (21): | 2.62 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.57 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 2.59 | |
| Zig ZAG (10): | 2.61 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 80.00 | |
| TEMA (21): | 2.62 | |
| Williams %R (14): | -40.00 | |
| Chande Momentum Oscillator (20): | 0.00 | |
| Repulse (5,40,3): | -0.6500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 2.55 |
| MA7: | 2.55 | |
| MA20: | 2.55 | |
| MA50: | 2.56 | |
| MA100: | 2.60 | |
| MAexp7: | 2.62 | |
| MAexp20: | 2.61 | |
| MAexp50: | 2.59 | |
| MAexp100: | 2.56 | |
| Price / MA7: | +2.75% | |
| Price / MA20: | +2.75% | |
| Price / MA50: | +2.34% | |
| Price / MA100: | +0.77% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.38% | |
| Price / MAexp50: | +1.16% | |
| Price / MAexp100: | +2.34% |
Quotes :
2020-07-21 20:53:45
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Real time data
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