EOS/BTC - EOS: Trend_Reversal
◳◱ An intriguing development has unfolded on the 
EOS / 
BTC chart as we've identified a compelling Trend Reversal. This shift in price dynamics indicates a noteworthy potential trend change. It's crucial for us to pay attention to the next resistance levels located at 0.00001996 | 0.0000212 | 0.00002325 and the significant support levels found at 0.00001791 | 0.0000171 | 0.00001505. Taking these factors into consideration, it may be prudent to contemplate entering a buy position at the current price of 0.0000184, allowing us to take advantage of the projected trend continuation.
Let's keep a watchful eye on this exciting opportunity and stay proactive in our trading strategies.
◰◲ General info:
▣ Name: EOS
▣ Rank: 60
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Bittrex
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: EOS is an open-source protocol designed by Dan Larimer and Block.one to support the creation of smart contracts and decentralized applications (dApps). Its network features a delegated Proof-of-Stake (DPoS) consensus mechanism to help secure the platform while giving it a level of performance desirable for running applications. Through DPoS, EOS offers greater scalability and transaction throughput than traditional blockchain networks, but to a certain extent, it relinquishes complete decentralization and censorship resistance.
◰◲ Technical Metrics:
▣ Mrkt Price: 0.0000184 ₿
▣ 24HVol: 20.200 ₿
▣ 24H Chng: 5.203%
▣ 7-Days Chng: 12.65%
▣ 1-Month Chng: 10.41%
▣ 3-Months Chng: -16.26%
◲◰ Pivot Points - Levels:
◥ Resistance: 0.00001996 | 0.0000212 | 0.00002325
◢ Support: 0.00001791 | 0.0000171 | 0.00001505
◱◳ Indicators recommendation:
▣ Oscillators: SELL
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary: NEUTRAL
◲◰ Sharpe Ratios:
▣ Last 30D: -23.62
▣ Last 90D: -17.04
▣ Last 1-Y: -15.20
▣ Last 3-Y: -16.03
◲◰ Volatility:
▣ Last 30D: 0.26
▣ Last 90D: 0.46
▣ Last 1-Y: 0.65
▣ Last 3-Y: 0.90
◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.66 - Bullish
▣ Reddit sentiment score is 0.97 - V. Bullish
▣ In-depth EOSBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
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EOS / BTC chart as we've identified a compelling Trend Reversal. This shift in price dynamics indicates a noteworthy potential trend change. It's crucial for us to pay attention to the next resistance levels located at 0.00001996 | 0.0000212 | 0.00002325 and the significant support levels found at 0.00001791 | 0.0000171 | 0.00001505. Taking these factors into consideration, it may be prudent to contemplate entering a buy position at the current price of 0.0000184, allowing us to take advantage of the projected trend continuation.Let's keep a watchful eye on this exciting opportunity and stay proactive in our trading strategies.
◰◲ General info:
▣ Name: EOS
▣ Rank: 60
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Bittrex
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: EOS is an open-source protocol designed by Dan Larimer and Block.one to support the creation of smart contracts and decentralized applications (dApps). Its network features a delegated Proof-of-Stake (DPoS) consensus mechanism to help secure the platform while giving it a level of performance desirable for running applications. Through DPoS, EOS offers greater scalability and transaction throughput than traditional blockchain networks, but to a certain extent, it relinquishes complete decentralization and censorship resistance.
◰◲ Technical Metrics:
▣ Mrkt Price: 0.0000184 ₿
▣ 24HVol: 20.200 ₿
▣ 24H Chng: 5.203%
▣ 7-Days Chng: 12.65%
▣ 1-Month Chng: 10.41%
▣ 3-Months Chng: -16.26%
◲◰ Pivot Points - Levels:
◥ Resistance: 0.00001996 | 0.0000212 | 0.00002325
◢ Support: 0.00001791 | 0.0000171 | 0.00001505
◱◳ Indicators recommendation:
▣ Oscillators: SELL
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary: NEUTRAL
◲◰ Sharpe Ratios:
▣ Last 30D: -23.62
▣ Last 90D: -17.04
▣ Last 1-Y: -15.20
▣ Last 3-Y: -16.03
◲◰ Volatility:
▣ Last 30D: 0.26
▣ Last 90D: 0.46
▣ Last 1-Y: 0.65
▣ Last 3-Y: 0.90
◳◰ Market Sentiment Index:
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.66 - Bullish
▣ Reddit sentiment score is 0.97 - V. Bullish
▣ In-depth EOSBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
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.