EOS technical analysis: EOS/USD charts a bearish day after three straight bullish days


  • EOS/USD fell from $3.88 to $3.75 this Tuesday.
  • Moving average convergence/divergence (MACD) indicator shows increasing bullish momentum.

EOS/USD daily chart

fxsoriginal

EOS/USD is currently trending in a flag formation and has gone down from $3.88 to $3.75 this Tuesday. While the price is trending above the 20-day simple moving average (SMA 20) but has found resistance at the SMA 50 curve. The moving average convergence/divergence (MACD) indicator shows increasing bullish momentum.

EOS/USD 4-hour chart

fxsoriginal

The 4-hour market has earlier had a bearish breakout from a triangle formation, but it is consolidating once again. The second last session fell below the SMA 20 curve and is trending above the SMA 50 and SMA 200 curves. The relative strength index (RSI) indicator has fallen from the overbought zone to 57.57.

EOS/USD hourly chart

fxsoriginal

The EOS/USD hourly chart fell below the 20-day Bollinger band but has since re-entered it. The price is trending below the SMA 20 curve and the Elliott oscillator has had three straight bullish sessions.

Key Levels

EOS/USD

Overview
Today last price 3.7501
Today Daily Change -0.12960
Today Daily Change % -3.34
Today daily open 3.8797
 
Trends
Daily SMA20 3.46138
Daily SMA50 3.85363
Daily SMA100 4.91626
Daily SMA200 4.94704
Levels
Previous Daily High 3.9668
Previous Daily Low 3.6232
Previous Weekly High 3.4654
Previous Weekly Low 3.1068
Previous Monthly High 4.5778
Previous Monthly Low 3.06
Daily Fibonacci 38.2% 3.83554
Daily Fibonacci 61.8% 3.75445
Daily Pivot Point S1 3.67966
Daily Pivot Point S2 3.47963
Daily Pivot Point S3 3.33606
Daily Pivot Point R1 4.02327
Daily Pivot Point R2 4.16684
Daily Pivot Point R3 4.36687

 


 

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