UPDATE LOOKING FOR BREAKOUT EOS/BTCOn the lookout for a breakout signal from EOS, a cup and handle is forming on the 4hr.
EOS-BTC
EOS Cup&Handle - 1/19/18EOS
RSI @ 75.4, indicating oversold territory.
MACD remain narrow, indicating a breakout.
Bollinger Bands have widened, but look to be narrowing as a breakout becomes more likely during the formation of the handle.
Cup and Handle formation assumes Bullish movements ahead, we will likely see a retrace during the formation of the handle, only to follow a bullish breakout into all time high territories.
Your thoughts??
EOS ETH or BTC, Which to hold?I posted a chart of EOSBTC . This is currently in profit. However EOSETH is in a long downtrend due to the recent strength of ETH. I will reassess my EOS position if price reaches the upper parallel of this slope. If I feel that the downward trend will continue in this vehicle then I will close my position in EOS and open one in ETH.
EOS - So Good I had to Post Twice.Dear Investors and Traders,
The technical analysis speaks for itself.
Refer to my old EOS post regarding fundamentals.
Highly recommended pick for 2018.
Regards,
JYS
EOS Consolidation continuationEOS has been in a consolidation period for 18 days. Price action has moved up 27% from the recent lows. It appears that the motive wave will complete at the .00068815 level which is also the completion of the 88.6% fib level of the bat pattern.
I can see a correction back down to the 61.8 % level of .0057949 .
EOS testnet releasedEOS has released their testnet. See website or github for details about the project. Have setup a node easily and playing with their API at the moment. Looks promising. DYOR etc. etc.
1/2 EOS on the micro (1H) - on the verge of bull breakout?- EOS seemed bottomed long at the issuing price of $0.50
- And apparently one of the few alts performing green in the shadow of the market's single focus on BTC
- Next smaller bullish setup about to confirm, which would break two major resistances at once
- From there, see next 2/2 EOS on the macro...
EOS - the lonely elliott wave alt in novemberThis is looking good for 1 more wave up! What do you guys think?
Join to the big party Eos is under development, first release will be on 15 September
Many people is shorting this Token but it reach an important support at the level showed on chart.
The cross EOS/BTC can benefit from BTC/USD tank that probably will take action in the next hours.
This maybe the perfect moment for skyrocketing of EOS/BTC and all cross concerning EOS because of automatic closing of of shorting position on EOS/BTC
Take your ticket and Join to the big party !!
EOS has been a fun ride but don't get greedy!I see a ridiculous rise into the green followed by steady profit taking, it will probably move sideways a bit here up and down 5-10% for a few days until the market works out whether this project is fundamentally promising
