Market in last 1 week
-EOSUSD saw a downtrend after rejection from 3.95
-Price volatility was very high. The market moved ~23.55%, between $3.91 and $3.17
Today’s Trend analysis
-EOSUSD expected to see an uptrend further as the price got support from midline band
-Price at time of publishing: $3.335
-EOS’s market cap: $3.12 Billion
-Oscillator indicators are mostly neutral. RSI at 53
-Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral
-Volume indicators saw a decrease in the volume in recent candles indicating a bullish momentum with the traded volume between 1.72M and 55k
Price expected to see an uptrend further as the price got support from midline band. Most of the Oscillator indicators are neutral. MACD line crossed below the signal line with histogram size increasing in the negative region, suggesting bearish bias. RSI at 53, in the neutral region above the midline. CCI is around 15, in the neutral region pullled back from overbought region. Another interesting point to notice here is that the volume saw a decrease in the recent candles with a decrease in the 20-candle moving average.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume.
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If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
-EOSUSD saw a downtrend after rejection from 3.95
-Price volatility was very high. The market moved ~23.55%, between $3.91 and $3.17
Today’s Trend analysis
-EOSUSD expected to see an uptrend further as the price got support from midline band
-Price at time of publishing: $3.335
-EOS’s market cap: $3.12 Billion
-Oscillator indicators are mostly neutral. RSI at 53
-Moving average indicators are biased towards an uptrend. Ichimoku Cloud is neutral
-Volume indicators saw a decrease in the volume in recent candles indicating a bullish momentum with the traded volume between 1.72M and 55k
Price expected to see an uptrend further as the price got support from midline band. Most of the Oscillator indicators are neutral. MACD line crossed below the signal line with histogram size increasing in the negative region, suggesting bearish bias. RSI at 53, in the neutral region above the midline. CCI is around 15, in the neutral region pullled back from overbought region. Another interesting point to notice here is that the volume saw a decrease in the recent candles with a decrease in the 20-candle moving average.
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume.
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
