EOS ready for 7.50Bulls managed to push the price towards 23% of Fib. starting from the highest level this year - 14.48. there traders collected some good profits following the uptrend from 3.20. The price has made a correction to the main support level at 5. Following the history of the chart, we can see the price bounces back up from this support every time since the beginning of the trend. Since EOS is traded above this support, the trend is not over yet. Buyers are expected to enter here around this zone - 5-4.85 and push for the next target 7.50. The idea gets invalid if we see a close below 4.53 on 4h chart.
EOS
EOS EOSUSD - Rounding bottom + NEW ATH very soon!- This is my analysis for EOS , a lot of poepole asking about why EOS is not pumping.
- On the chart we can see a rounding bottom or cap and handle formation, which is bullish .
- After a rectangle consolidaton, the price started with an Impulse Elliott wave .
- First target 1:1 / below all time high.
- RSI is ready and volume favors bulls.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
EOS (EOS) - September 9Hello?
Welcome, traders.
By "following", you can always get new information quickly.
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Have a nice day.
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(EOSUSD 1W Chart)
If the price is maintained above the 2.8250-4.0849 range, it is expected that the uptrend will continue.
In particular, if the price is maintained above the 6.4053 point, it is expected to create a new wave.
(1D chart)
We need to see if we can sustain the price above the 5.1 point.
If it goes down, you should check to see if it finds support at the 3.6732-4.0849 level.
It is important to be able to break above the resistance zone formed by the 6.4053-8.1435 area.
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(EOSBTC 1W chart)
We'll have to wait and see if we can climb from the bottom section of 0.0000856-0.0003040.
Specifically, we need to see if we can sustain the price above the 0.0001470 point.
(1D chart)
We need to see if we can find support in the 0.0000997-0.0001113 zone and move above the 0.0001181 point.
If it goes down from the 0.0000997 point, it could touch the 0.0000856 point, so you need to be careful with your trades.
An upward break above the 0.0001470-0.0001690 zone is required to accelerate the uptrend.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
EOS - Daily ChartSo it happened. my last idea explained why it crashed, you can read details there:
There are two key supports. as you can see on the chart we are on our way to our new resistance area , be VERY careful with your positions.
There are too many sell volumes on the market right now so watch out for more drops. We're still shaking.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $4.72
Good Luck
Tell me your ideas. Like and Share
What Happened? Read Here ⚠️Massive sell volumes, Massive liquidations, all in less than an hour. But why?
CryptoTicker.io explained three reasons for this crash:
" 1- JP Morgan issued a Bad Memo to its investors
JP Morgan warned its investors 1 day prior to the crash about buying altcoins during this bull run. They claimed that retail traders were hyping up prices during fundamental advancements in the technology (NFTs, scalable blockchains…). This note created a negative sentiment in the crypto sphere, prompting a heavy sell-off.
2- El Salvador Announced a Bad Start with its crypto integration
The cryptocurrency market started taking a hit as El Salvador’s wallet experienced technical difficulties within hours of its debut. This forced President Bukele to announce that they would temporarily “go offline”. This bad start in their crypto integration scared investors and initiated a sell-off, which translated into a snowball effect on the entire market. Negative news and strong selling pressures have very bad effects on cryptos, especially because of their high volatility.
3- A Price Adjustment was bound to happen
The crypto market rallied for an extended period now with no signs of any retracement in prices. This extended uptrend is definitely scary, especially when prices rise by more than 50% in less than 1 month. Green candles can be seen for most cryptos consecutively. Coupled with bad news, this ticking bomb would definitely explode once profit-takers enter the selling game"
Also as NationalWorld.com says:
"It follows recent crashes brought on by Tesla making a u-turn on accepting Bitcoin as payment for its products and China clamping down on initial coin offerings, block exchanges and warned against speculative trading.
A further blow was dealt when China ordered Bitcoin mining in its Sichuan province to shut down completely and furthermore told banks to stop supporting crypto transactions, in a latest wave of restrictions on cryptos.
China’s crackdown on cryptos comes days after Musk’s shock announcement.
Musk’s decision signifies a sharp u-turn for Tesla who only started accepting Bitcoin as payment for its services in February 2021.
It came after the electric car company bought $1.5b (£1.06b) of Bitcoin shares, which in turn sent the market price of both the crypto and Tesla soaring.
The billionaire entrepreneur said: “We are concerned about rapidly increasing use of fossil fuel for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.”
Musk reaffirmed his belief that cryptocurrency has a “promising future” but that it “cannot come at great cost to the environment”, in his Twitter post.
Musk has been a long-time advocate of cryptocurrencies and the Tesla decision was felt across the market, with other digital tokens going down in price."
In the past 24 hours, most cryptocurrencies are in the red. The market as a whole lost more than 10%. The top losers are Filecoin (FIL), MDeX (MDEX), and Ethereum Classic (ETC) all losing around 20%. On the other hand, we can notice top gainers on such a red day like Near Protocol (NEAR) and Solana (SOL) making 22% and 11% respectively.
1- Bitcoin (BTC) : – 9.2 %
2- Ether (ETH) : – 12.7 %
3- Cardano (ADA) : – 16.6 %
4- Binance Coin (BNB): – 14.7 %
5- Tether (USDT) : 0 %
6- Ripple (XRP) : – 21.35 %
7- Solana (SOL) : + 11.63 %
8- Dogecoin (DOGE) : – 17.83 %
8- USD Coin (USDC) : + 0 %
9- Polkadot (DOT): – 19.20 %
What do you think caused this crash? What happened to your positions? Comment below and share it with us.
$EOS/USD 1D (Binance Coin-Futures) Symmetrical triangle breakoutEnterprise Operating System (a.k.a. EOS) is accumulating above 100EMA and looks ready for bullish continuation!
Risk/Reward= 1:1.6 | 1:3.11 | 1:5.82
Expected Profit= +27.56% | +54.01% | +101.16%
Possible Loss= -17.38%
Fib. Retracement= 0.5 | 0.618 | 0.786
Estimated Gain-time= 2 months
Exchanges: Binance Coin-Futures, ByBit
Signal Type: Regular (Long)
Leverage: Isolated (1X)
Current Price:
5.577
Entry Zone:
5.453 - 5.075
Take-Profit Targets:
1) 6.725
2) 8.107
3) 10.589
Stop Targets:
1) 4.349
EOS Long term setupHello everyone, if you like the idea, you can support with a like and a follow.
By drawing the fibs from the last crash to our last bottom as a reversal movement from the crash we can expect to retest areas as 0.5 fib and 0.618 fib.
We are currently having resistance from the 0.236 fib while we are inside a small bullflag.
The important support in the chart as you can see are the 5$.
With a brekage of this level the whole image changes to a more bearish sentiment.
Targets:
Long Term 0.5 and 0.618 fibs.
Short Term 6.4$ with a successful break of the bull flag .
Don't forget to protect yourself with proper Risk Management this is the key to winning!
Information provided is only educational and should not be used to take action in the market !
Feel free to ask anything in the comments or send me a message !
Thank you for reading my post, have a great day !
EOS/USD:BAT PATTERN FORMATION ON H4 TIMEFRAME | SHORT IDEA 🔔Welcome back Traders, Investors, and Community!
Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button
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Have a Good Day Trading !
Long term for EOSThis is the strategies for the EOS.
I am not explain so much is this strategies, because it very clear about the trend and price action.
Please remember that i am not take any responsibility when you are using my plan to trade.
Notice: Please only open an order that you accepted the lost.
EOS, Bullish-Triangle-Breakout Completes When This Happens!Hello,
Welcome to this analysis about EOS and its 4-hour timeframe perspectives. EOS as I discovered in recent times has emerged with some interesting formational structures that are worthwhile to look at. Within these times the divergence between certain cryptocurrencies in terms of amplitude, formation structure, and volatility potential increases more and more. This is why it is highly necessary to properly distinguish the individual cryptocurrencies to rightly approach the different types. As I detected with EOS it is forming a formation that can convert into great potentials when EOS shows up with the right price-actions, therefore I discovered all the important levels and upcoming determinations we should consider.
As when looking at my chart we can watch there how EOS is forming this main ascending-triangle-formation marked in orange and consisting of the ascending-trend-line and the upper horizontal trend-line which is also resistance at the moment. Within this ascending-triangle-formation EOS has the coherent wave-count with the waves A and B already completed, now as EOS approaches the upper-boundary-resistance again this is the main resistance from where a pullback is likely which will then be a part of the wave C to the downside completing the wave-count within the ascending-triangle-formation. What comes then will be crucial as EOS will approach the confirmational-bounce-cluster this is an important cluster to hold because otherwise when this does not happen EOS will increase bearishness below and invalidate the triangle however when it happens and EOS properly bounces to complete the wave-count and continue bullishly this will lead to a completion of the whole formation with a breakout above the upper-boundary and once this is done EOS will activate upside-targets.
In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best!
Information provided is only educational and should not be used to take action in the markets.
EOS W Formation SpottedHello and welcome to my post !
EOS is in a strong uptrend at the moment because of that patterns as the W are higly probable to be profitable.
We found strong resistance at 0.236 fib in our first hit and now we are on the neckline (5.685$) of the W pattern waiting to see a break.
W patterns have a tendency to break, make a run and crash down to liquadate a lot of people and after that continue higher.
Because of that proper risk managment and position managment are a must.
First Target: 6.5$
Second Target: 6.750$
Indicators: (RSI,SRSI,CIDI) The upside momentum of the indicators are strong and bullish for the moment.
Don't forget to protect yourself with proper Risk Management also the information provided is only educational.
Feel free to ask anything in the comments or send me a message !
Thank you for reading my post,if you liked the idea you can support with a like and a follow have a great day !
PP + RSI alert for EOSUSDTEOSUSDT PP + RSI ALERTS
SL: 4.7131
TP: 5.9433
- This is my analysis for EOSUSDT using rsi alerts , a lot of poepole asking about why EOS is not pumping.
- On the chart we can see a rounding bottom or cap and handle formation, which is bullish .
- After a rectangle consolidaton, the price started with an Impulse Elliott wave .
- First target 1:1 / below all time high.
- RSI is ready and volume favors bulls.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!