EOS - EOS/USD - 1H - Technical analysis published on 01/24/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 3.58 USD
My targets
3.72 USD (+2.20%)
3.95 USD (+8.52%)
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 3.58 USD. The buyers” bullish objective is set at 3.72 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.95 USD. If there is any crossing, the next objective would be the resistance located at 4.09 USD.
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
5.9
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
EOS - EOS/USD rating 3.64 USD. The price is lower by +1.96% since the last closing and was between 3.36 USD and 3.66 USD. This implies that the price is at +8.33% from its lowest and at -0.55% from its highest.3.36
3.66
3.64
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of EOS - EOS/USD indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. This 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.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.49 | 3.58 | 3.64 | 3.64 | 3.72 | 3.95 | 4.09 |
| Change (%) | -4.12% | -1.65% | 0% | - | +2.20% | +8.52% | +12.36% |
| Change | -0.15 | -0.06 | 0 | - | +0.08 | +0.31 | +0.45 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Minor | 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 | 3.33 | 3.41 | 3.49 | 3.57 | 3.65 | 3.73 | 3.81 |
| Camarilla | 3.53 | 3.54 | 3.56 | 3.57 | 3.59 | 3.60 | 3.61 |
| Woodie | 3.33 | 3.41 | 3.49 | 3.57 | 3.65 | 3.73 | 3.81 |
| Fibonacci | 3.41 | 3.47 | 3.51 | 3.57 | 3.63 | 3.67 | 3.73 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.03 | 2.48 | 3.15 | 3.60 | 4.27 | 4.72 | 5.39 |
| Camarilla | 3.50 | 3.61 | 3.71 | 3.81 | 3.91 | 4.02 | 4.12 |
| Woodie | 2.13 | 2.54 | 3.25 | 3.66 | 4.37 | 4.78 | 5.49 |
| Fibonacci | 2.48 | 2.91 | 3.18 | 3.60 | 4.03 | 4.30 | 4.72 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.50 | 1.82 | 2.20 | 2.52 | 2.90 | 3.22 | 3.60 |
| Camarilla | 2.38 | 2.44 | 2.51 | 2.57 | 2.63 | 2.70 | 2.76 |
| Woodie | 1.52 | 1.84 | 2.22 | 2.54 | 2.92 | 3.24 | 3.62 |
| Fibonacci | 1.82 | 2.09 | 2.26 | 2.52 | 2.79 | 2.96 | 3.22 |
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): | 66.56 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 14.14 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 3.54 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.39 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 3.52 | |
| Zig ZAG (10): | 3.65 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 96.46 | |
| TEMA (21): | 3.57 | |
| Williams %R (14): | -3.33 | |
| Chande Momentum Oscillator (20): | 0.20 | |
| Repulse (5,40,3): | 2.4500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 2.58 |
| MA7: | 3.64 | |
| MA20: | 3.36 | |
| MA50: | 2.87 | |
| MA100: | 2.97 | |
| MAexp7: | 3.59 | |
| MAexp20: | 3.53 | |
| MAexp50: | 3.55 | |
| MAexp100: | 3.58 | |
| Price / MA7: | -0% | |
| Price / MA20: | +8.33% | |
| Price / MA50: | +26.83% | |
| Price / MA100: | +22.56% | |
| Price / MAexp7: | +1.39% | |
| Price / MAexp20: | +3.12% | |
| Price / MAexp50: | +2.54% | |
| Price / MAexp100: | +1.68% |
This member declared not having a position on this financial instrument or a related financial instrument.
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