EOS - EOS/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	EOSUSD
ISIN:

EOS - EOS/USD - Daily - Technical analysis published on 08/07/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

67%

28%

My opinion

Bullish above 2.84 USD

My targets

3.37 USD (+5.31%)

3.84 USD (+20.00%)

My analysis

The bullish trend is currently very strong on EOS - EOS/USD. As long as the price remains above the support at 2.84 USD, you could try to benefit from the boom. The first bullish objective is located at 3.37 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3.84 USD as an objective. Crossing it would then enable buyers to target 4.56 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

7.9

Comment on the analysis

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 3.20 USD. The price registered an increase of +3.23% on the session with the lowest point at 3.09 USD and the highest point at 3.25 USD. The deviation from the price is +3.56% for the low point and -1.54% for the high point.

3.09

3.25

3.20

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by EOS - EOS/USD:

Technical

A technical analysis in Daily of this EOS - EOS/USD chart shows a strongly bullish trend. 89.29% 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. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : Daily

In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.12	2.51	2.84	3.20	3.84	4.56	5.37
Change (%)	-33.75%	-21.56%	-11.25%	-	+20.00%	+42.50%	+67.81%
Change	-1.08	-0.69	-0.36	-	+0.64	+1.36	+2.17
Level	Minor	Intermediate	Major	-	Minor	Intermediate	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.86	2.93	3.02	3.09	3.18	3.25	3.34
Camarilla	3.06	3.07	3.09	3.10	3.12	3.13	3.14
Woodie	2.86	2.94	3.02	3.10	3.18	3.26	3.34
Fibonacci	2.93	2.99	3.03	3.09	3.15	3.19	3.25

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.20	2.42	2.87	3.09	3.54	3.76	4.21
Camarilla	3.13	3.19	3.25	3.31	3.37	3.43	3.49
Woodie	2.31	2.48	2.98	3.15	3.65	3.82	4.32
Fibonacci	2.42	2.68	2.84	3.09	3.35	3.51	3.76

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.69	2.00	2.53	2.84	3.37	3.68	4.21
Camarilla	2.83	2.91	2.98	3.06	3.14	3.21	3.29
Woodie	1.80	2.06	2.64	2.90	3.48	3.74	4.32
Fibonacci	2.00	2.32	2.52	2.84	3.16	3.36	3.68

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):	67.79
MACD (12,26,9):	0.1500
Directional Movement:	6.45
AROON (14):	64.29
DEMA (21):	3.11
Parabolic SAR (0,02-0,02-0,2):	3.44
Elder Ray (13):	0.16
Super Trend (3,10):	2.73
Zig ZAG (10):	3.20
VORTEX (21):	1.1100
Stochastique (14,3,5):	58.86
TEMA (21):	3.19
Williams %R (14):	-32.22
Chande Momentum Oscillator (20):	0.44
Repulse (5,40,3):	2.4600
ROCnROLL:	1
TRIX (15,9):	0.6900
Courbe Coppock:	34.07

MA7:	3.10
MA20:	2.88
MA50:	2.65
MA100:	2.65
MAexp7:	3.08
MAexp20:	2.92
MAexp50:	2.76
MAexp100:	2.72
Price / MA7:	+3.23%
Price / MA20:	+11.11%
Price / MA50:	+20.75%
Price / MA100:	+20.75%
Price / MAexp7:	+3.90%
Price / MAexp20:	+9.59%
Price / MAexp50:	+15.94%
Price / MAexp100:	+17.65%

Quotes : 2020-08-07 13:23:52 - Real time data - Cryptocompare

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

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