EOS - EOS/USD - 15 min. - Technical analysis published on 05/15/2021 (GMT)
- 247
- 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 : 15 min.
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
56%
17%
28%
My opinion
Bearish under 10.94 USD
My targets
9.97 USD (-5.59%)
9.42 USD (-10.80%)
My analysis
The bearish trend is currently very strong for EOS - EOS/USD. As long as the price remains below the resistance at 10.94 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 9.97 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 9.42 USD as an objective. Crossing it would then enable sellers to target 8.57 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
4.8
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 imorton777. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EOS - EOS/USD rating 10.56 USD. The price registered a decrease of -5.63% on the session and was between 10.27 USD and 11.67 USD. This implies that the price is at +2.82% from its lowest and at -9.51% from its highest.10.27
11.67
10.56
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 15 min. chart of EOS - EOS/USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 15 minutes
In fact, 10 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 8.57 | 9.59 | 10.29 | 10.56 | 11.48 | 13.30 | 14.03 |
| Change (%) | -18.84% | -9.19% | -2.56% | - | +8.71% | +25.95% | +32.86% |
| Change | -1.99 | -0.97 | -0.27 | - | +0.92 | +2.74 | +3.47 |
| Level | Major | Intermediate | Minor | - | 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 | 9.42 | 9.97 | 10.58 | 11.13 | 11.74 | 12.29 | 12.90 |
| Camarilla | 10.87 | 10.98 | 11.08 | 11.19 | 11.30 | 11.40 | 11.51 |
| Woodie | 9.45 | 9.99 | 10.61 | 11.15 | 11.77 | 12.31 | 12.93 |
| Fibonacci | 9.97 | 10.41 | 10.69 | 11.13 | 11.57 | 11.85 | 12.29 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.51 | 2.84 | 6.60 | 9.95 | 13.71 | 17.06 | 20.82 |
| Camarilla | 8.41 | 9.06 | 9.71 | 10.36 | 11.01 | 11.66 | 12.32 |
| Woodie | -0.31 | 2.94 | 6.81 | 10.05 | 13.92 | 17.16 | 21.03 |
| Fibonacci | 2.84 | 5.56 | 7.23 | 9.95 | 12.67 | 14.34 | 17.06 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.03 | 2.28 | 4.36 | 6.61 | 8.69 | 10.94 | 13.02 |
| Camarilla | 5.26 | 5.66 | 6.05 | 6.45 | 6.85 | 7.24 | 7.64 |
| Woodie | -0.05 | 2.24 | 4.29 | 6.57 | 8.62 | 10.90 | 12.95 |
| Fibonacci | 2.28 | 3.93 | 4.95 | 6.61 | 8.26 | 9.28 | 10.94 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 44.42 | |
| MACD (12,26,9): | -0.1200 | |
| Directional Movement: | -19.95 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 10.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.68 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 10.85 | |
| Zig ZAG (10): | 10.60 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 61.81 | |
| TEMA (21): | 10.45 | |
| Williams %R (14): | -31.25 | |
| Chande Momentum Oscillator (20): | -0.06 | |
| Repulse (5,40,3): | 1.7200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1900 | |
| Courbe Coppock: | 1.90 |
| MA7: | 11.03 | |
| MA20: | 8.73 | |
| MA50: | 7.18 | |
| MA100: | 5.65 | |
| MAexp7: | 10.57 | |
| MAexp20: | 10.63 | |
| MAexp50: | 10.83 | |
| MAexp100: | 10.94 | |
| Price / MA7: | -4.26% | |
| Price / MA20: | +20.96% | |
| Price / MA50: | +47.08% | |
| Price / MA100: | +86.90% | |
| Price / MAexp7: | -0.09% | |
| Price / MAexp20: | -0.66% | |
| Price / MAexp50: | -2.49% | |
| Price / MAexp100: | -3.47% |
Quotes :
-
Real time data
-
Cryptocompare
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 - 15 min.