Updated

Eos the strongest weekly chart in crypto land!

Hello friends, welcome to this chart analysis of EoS,

I Have nothing much to say about this one... the only thing I can say is I've never seen a weekly chart as strong as this in my experience in crypto.

It's a huge cup and handles on weekly chart which is one of the strongest charts that you should always pay attention to.
The target of this cup and handle in case of confirmation will be 240k sats!

now zoom in and see what's going on.

Note

Note

on the daily chart, we can see that Eos has made another cup and handle, as the handle of the big daily cup, it has already broken up from the cup and handle pattern and confirmed the cup and handles trend line as support.
the target of this smaller cup and handle will be around 190k sats.

if you wanna buy this pattern you can buy it with a stop loss below the dotted yellow line.

I suggest you play with small position cause we have more than 2-3% risk involved in this trade for now.

Note

very strong chart overall!
I expect it to rally to 190 k area and make a base there and get ready for the second rally to 240k sat.

Note

Eos broke out of the heavy resistant at its all-time high.

The short-term target will be the dotted blue line based on the measured move of the small cup and handle.

midterm target will be the dotted green trend line at 17.5k sats. based on 2 different measured moves.

And long term will be around 25k sats based on the measured move of the big weekly cup and handle.

Note

Eos hit our first target by 1.7% difference :/
I expect it to make a base and go higher.

very strong!

Note

looks like we are flagging, too early to say for this one. took some profits off the table we're up 15%. trail stop loss to break even point of entry!

Note

we are almost at the target.remember to take profits 1 -2 % below my targets.

Note

to be honest, as far as we are at all-time high, we don't have much data to work with. I can only predict this move base on measured movement. so I believe we gonna go up till between the dotted blue line and dotted green line and then retrace to make a base for the nest move.
so make sure you take profits there.
good luck trading
i'll update later

Note

the last update for tonight, I can't keep my eyes open anymore zzzz....
since crypto started I'm watching charts 24/7, most of the nights I even dream about the charts ... haha
As I expected some sell-side came to in between the green and blue line
which shows that smart traders are getting profits.
you should take profits as well and bring up stop loss below the little blue triangle.
good luck trading

Note

making base just as expected.

Note

very bullish!
we just finished the base as I said in the last post.
and it is another cup and handles!
the target of this cup will be around 18,700 sats if it breaks up.
take profit at the dotted green line and at, 18,700 sats.
and bring up your stop loss to 15,500 sats.

Note

just look at this zoomed out chart!
isn't it amazing? I told you its the strongest in crypto hand!

Note

Again we are on a parabolic channel just like TRX post. :)

enjoy the moon shot!

Note

working really nice, I expect a moon shot when we break the dotted green line on top.

Note

awesome.

Note

we might retest the dotted green line before going up

Note

remember to take profit, and bring up stop losses.
this parabolic moves can collapse at any time :)

Note

good luck trading :P

Note

well as I said I was expecting a moon shot and it bowed to my demand :P jk ;)

it's still up trending but you should play it safe.

the final target is the dotted yellow trend line on top of the chart. that's the last target that the chart is giving me at the moment.

I expect a retracement after that.

hope you enjoyed this trade. ;)

Note

it's showing me some topping action.
don't forget stop losses.

Note

there is a potential head and shoulders, which is a bearish pattern.

trade closed. :)

Note

well, apparently it still wanna go higher... Jesus Christ!

Note

this move can technically go up 10 more percent. for sure it can go more if fomo hits the fan as I said in my trx post.
it seems like the sell side volume is coming in but the buyers are buying it up.
It's wise to take profits outside the table. and have a stop loss at 19200 sats.

good luck trading

Note

If you joined this trade on my call, you are up 74% on your investment. congratulations.

Note

boooooom predicted it with only 1% error :P
look at that long wick!

Note

long wick with high volume

Note

boooooom!
who called the top? :D

Note

eos after my call of top :P

Note

rekt

Trader_Shayan

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Trader_Shayan