🆓Ellipsis (EPS) June-10 #EPS $EPSEPS is being rejected at the strong resistance at $0.75. Since the buying volume is quite low, EPS is likely to have a decline in the next few days to the $0.5 or even $0.25 zone.
📈BUY
🔴Buy : 0.48-0.52$ if A. SL if B
🔴Buy : 0.73-0.77$ if A. SL if B
📉SELL
🔴Sell : 0.73-0.77$. SL if A
🔴Sell : 0.97-1.03$. SL if A
🔴Sell : 1.46-1.54$. SL if A
♻️BACK-UP
🔵Buy : 0.73-0.77$ if A. SL if B
🔵Sell : 0.48-0.52$ if B. SL if A
🔵Buy : 0.24-0.26$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Ellipsis
EPS/USDT Descending triangle. Opportunity to recoverCurrently we are within a descending triangle between the green and yellow lines.
What keeps us optimistic is the fact that we see only see strong volume increase in case we are moving upwards.
This indicates that buyer don't sell again.
You can stake EPS or USDT/BUSDT/USDC on the official website.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
EPS/USDT Update: Looking for Support. Currently in free fallIf you followed the EPS charts you noticed that we stayed bullish on this coin.
Currently the situation is the following:
We don't have any support line left and are currently in free fall.
What does this mean?
It basically means we have no idea if and at what price level this coin turns around.
Will it turn around?
Most likely yes, since the use case of low slippage decentralised stablecoin swapping is necessary as long as we have and use different blockchains.
We now start staking since we don't realise at a loss and it looks like this takes some time to recover.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
EPS (Update for you )Eps is inthe end of the C wave and you can see a powerful trend line in Chart and it can be possible to see 5$ ELLIPSIS
EPS/USDT Update: Will a double bottom save Ellipsis?Ellipsis as you already know did bleed out since the beginning of april where EPS was Binance listed.
We now got a double bottom which is a strong reversal sign.
Check out the volume increases and you will see that over the last month the increases appeared during upwards movements.
These coins were not sold according to the chart which means most people that invested stay bullish and hodl on.
Ellipsis has a great usecase providing the opportunity to interchange stablecoins as a decentralised plattform with low slippage.
The future is decentralised and projects like EPS are at the forefront.
We added to our EPS bag and enjoy the upcoming ride.
Feel free to comment and start a discussion here.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
🆓Ellipsis (EPS) May-11 #EPS $EPSEPS is heading to 1.8$ zone, which is very reliable to start accumulating EPS. I think it will have a recovery from this zone to 2.4$ and 3$ or even a new rally in May and June but 3$ is an important zone that we need to pay attention
But if EPS keeps losing the 1.8$ zone, it will have a big decline to 1$ zone
📈BUY
-Buy: 1.76-1.84$ if A. SL if B
-Buy: 2.35-2.45$ if A. SL if B
📉SELL
-Sell: 2.35-2.45$. SL if A
-Sell: 2.95-3.05$. SL if A
♻️BACK-UP
-Sell: 1.76-1.84$ if B. SL if A
-Buy: 0.97-1.03$ if A. SL B
❓Details
🕯Timeframe : 8 Hours
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
EPS/USDT Update: Bullish Head and Shoulder. 800% recoveryEllipsis still has a hard time recovering after this huge pullback starting with its Binance listing.
We give it another shot looking at the bullish Head and Shoulders.
There is a small breakout below the 0.6 Fib which could be considered as a beartrap if we move higher.
Our target still is 16$.
It's a matter of time, so be patient.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
EPS/USDT Update: New support at 0.5 Fib level --> goes upwardsEllipsis started its recovery and was now pulled back from the midday overall pullback.
Currently we found support at the 0.5 Fib level.
If we can hold this level it suggests more upside movement.
We still aim for 16$ so let's see and hodl.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
🆓Ellipsis/USDT Map (1/5) #EPS $EPSEPS is trying to form a Inverse Head & Shoulders patterns to find an opportunity to pump up.
The 2.2$ zone is quite reliable to stop this correction phase
📈BUY
-Buy: 2.15-2.25$. SL B
-Buy: 2.93-3.07$ if A. SL B
📉SELL
-Sell: 2.93-3.07$. SL A
-Sell: 4.4-4.6$. SL A
♻️BACK-UP
-Buy: 1.75-1.85$ if A. SL B
❓Details
🕯Timeframe : 12 Hours
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
EPS/USDT Update: Ellipsis starting it's 800% recoveryEllipsis broke out of the downwards narrowing channel and responded with appealing volume.
We aim for roughly 16$ so let's see and hodl.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
ALGO takeoff has been delayedBTC tanking has resulted in ALGO trading in between two ellipses - one acting as support, and the other as resistance. Hopefully it holds here, or we could see a more major correction down to the $1.09 area. Unless BTC has a major rally to lift ALGO back up, it looks as though that major green ellipse will be acting as resistance rather than support.
EPS/USDT Update: Is the drop finally over?Looking at EPS we had a rough start since its Binance listing.
It continued to drop and had to deal with a drop this weekend together with the rest of the market.
We can draw a descending parallel channel that needs to be broken before we can get any proper recovery.
Except for some spikes the volume is pretty constant.
As stablecoins become more and more relevant especially during dips EPS is poised to bounce back in our opinion.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
🆓Ellipsis/USDT Analysis (17/4) #EPS $EPSEPS has just made a quick dump below 3$ and is recovering quite fast. So I think it may have a new rally in this April up to 3.5$, 5$ and even 7.5$ zone.
📈BUY
-Buy: 2.85-3.0$. SL B
-Buy: 3.4-3.6$ if A. SL B
📉SELL
-Sell: 3.4-3.6$. SL A
-Sell: 4.9-5.1$. SL A
-Sell: 7.4-7.6$. SL A
❓Details
Condition A : "If 6H candle closes ABOVE this zone"
Condition B : "If 6H candle closes BELOW this zone"
EPS/USDT Update: Starting recovery after Binance listingEllipsis finally starts to show some signs for a parabolic recovery.
We expect EPS to reach at least to 20$.
The volume starts to increase which is a good sign.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
$EPSUSDT - Buy the dipHi everyone!
Filling my bag of alts with EPS.
No set target, buy and hold.
The nearest resistance is at 9
EPS/USDT Binance listing is only the beginningEPS got recently listed on Binance and is still a very young project.
Ellipsis is specialised on low slippage for stable coin swaps which becomes very handy.
After this selling opportunity we suppose the bullish head and shoulders indicate that we are going upwards again.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
EPS usdt - Ellipsis. New stable coin swap platformAfter it's initial launch on Binance, Ellipsis, has seen a steady decline in price, as is the trend with new launches.
The 1 hour support level at the $5.60 levels does remain quite steady though.
www.ellipsis.finance
Gold - Elliptical price zone analysisI use ellipse analysis for long-term positions. This geometrical analysis is quite simple but usually gives good results. Basically, it is as follows:
- Mark Point.1 as the start point of ellipse.
- Mark the first following swing point as Point 2.
- Then mark the following second swing point (which is opposite of Point.2) as the Point.3.
- Since 3 points may define only one ellipse, you will find the elliptical price zone. Draw the long axis of the ellipse also.
- After point 3 follow the borders of the ellipse work as support/resistance points. The long axis of the ellipse will also work as median support or resistance.
If ellipse is not broken, we will reach the end point eventually.
When this analysis is applied to gold price action, we can see 1500 level as the final target of this elliptical zone.
Please also note that the axis of the ellipse is serving as a resistance, and we might say that now we are at resistance of this median line.
Somethimes basic maths may tell us everything....
News about Obelisk are coming soon.The first ASIC built for Sia mining. Let's see what it holds.
Analysis based on different timeframes (1/5/30min, 1/4h, 1D)
