Market in last 1 week
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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 consolidated after getting support from the lower Bollinger band
- Price volatility was very high. The market moved ~10.44%, between $2.93 and $2.66
- EOSUSD expected to see a slight downtrend as the price is trading between the midline and lower band with Bollinger band inclining downwards and lower highs observed
- Price at time of publishing: $2.749
- EOS’s market cap: $2.59 Billion
- Oscillator indicators are mostly neutral. RSI at 42
- Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral and Hull Moving Average indiacting a buying opportunity
- Volume indicators saw a decrease in recent candles with a spike for a red candle, with the traded volume decreasing from 873k to 169k being below the 20-candle moving average which saw a decrease
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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 .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex