EOS
Eos (EOS) - July 16Hello?
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(EOSUSD 1W Chart)
If the price continues to rise in the 1.55-5.1 section, the bottom box section, it is expected to create a new wave.
(1D chart)
If the 4.9655-6.0279 area finds support, it is expected to turn into an uptrend.
It fell from the 4.9655 point and is considered to be entering the mid- to long-term investment area.
In order to break out of the mid- to long-term investment area, the price must rise above the 4.0849 point to maintain the price.
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(EOSBTC 1W chart)
We'll have to wait and see if we can climb from the bottom box section of 0.0000856-0.0003040.
In particular, we need to see if we can move above the 0.0001470 point and turn into an uptrend.
(1D chart)
If the price is maintained in the 0.0001113-0.0001343 range, it is expected to turn into an uptrend.
In order to continue the uptrend, you need to break out of the downtrend line.
If it falls in the range of 0.0000997-0.0001113, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
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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)
EOSETH Bottoming with bullish divergenceEOSETH is bouncing from the ATL while there is an obvious divergence in the graph.
The bounce happened after bullish exchange news. Still good time to invest in EOS.
It Will Be A Life Changing Move For EOS Coin HoldersUptrendline support and SMAs:
On the weekly time frame chart, it can be easily observed that the price action of EOS coin has found if very strong long-term uptrend line support. And price line is not able to break down this trendline support for a very long time period. Recently the candlesticks of EOS have re-tested this trend line support and now moving above this level. At the same time the price line of EOS has also tested the 50 amd 100 simple moving averages. The 50 simple moving average has already crossed up the 100 simple moving average which is a bullish signal, because when the smaller time period moving average crosses up the bigger time period moving average that is considered a buying signal.
Stochastic and Momentum:
If we take a look at the stochastic oscillator on the weekly time frame then it can be noticed that for several weeks it is moving in the oversold zone, indicating that the market of EOS is quite oversold. But if we take a look at the momentum indicator then it is still strong bearish. Therefore, once the momentum will be started turning bullish then a big rally from here can be started like previously it happened.
Big bullish Shark:
On the weekly time frame chart, the price action of EOS has formed a big bullish Shark pattern. There is very strong support at 100 simple moving average in the buying zone. The buying and sell targets as per Fibonacci sequence of Shark can be as below:
Buy between: $3.83 to $2.45
Sell between: $5.71 to $9.17
The buying zone is too wide up to 57%, therefore we can use the 100 SMA as stop-loss which is at $3.52 right now.
EOS buy position amid red marketEOS gained our attention last day, when it was the only growing in price crypto within top-30 on Coin Market Cap. Today it gives a possibility to trade on 1 hour timeframe as well as 1d timeframe. On 1D timeframe EWO shows us a change of wave, which is a good global sign. On the 1H timeframe this position is supported mainly by point of convergence on MACD indicator, secondly by wave descending on MACD as well as EWO starting to do it as well. Lastly, RSI staying below 50 gives a final argument in favor of this. Buy setup below based on that:
Buy price: 3.9385-3.9215
Take Profit: 4.3700
Stop Loss: 3.6560
EOS - Trade SetupEOS is also Neutral.
Right now that I'm posting this chart, I can feel the market is going through a little correction. The lower Bollinger is pushing the price up.
Also those 2 support areas can hold the price up. if you're into opening long positions, here is a setup for you.
Wait for the price to cross that resistance area and right after the closure of the first 4H candle above that line, open your long positions and aim for that TP.
I'll keep this chart updated.
Current Market Price: $4
Good Luck
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Update For EOS/USDT Analysis
Although the EOS was able to reach the targets specified in the previous analysis (more than 600% profit), but it didn't succeed to perform better than Bitcoin and Ethereum , if the rally continues, we can hope for its bull run again .
✅TECHNICAL ANALYSIS
As you can see in the weekly time frame for EOS/USDT, the price is trading around 4.2 $ .
EOS has been fluctuating between the two supply and demand ranges since December 2017, and it seems that it can fluctuate in this range at least in the medium term, but it is likely to escape upwards from this range as well. It is now in the range of support and demand, which can be in this range for a short time, but if the weekly candle can be above EMA 20, 50 and 100, We'll see an upward movement.
EOSBTC CHART:
EOSETH CHART:
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💥(Anyway, my constant suggestion to my dear community is to buy step by step ( in a few steps) , With considering risk management , Because this crazy market is very volatile than you have never seen in any other markets .)
💫(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.💯
🙏with Best Regards and successful trades❤️
💜 if you like my analysis, give a big thumbs 👍 and drop a comment
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EOSUSD short It has been a while since i have posted my charts here, i had some requests to do it again
with enough feedback/ interest i will continue to do so
Now let us go to the chart
i expect eos to finish this wave lower (maybe a little push up before further downwards momentum) and hit one of my targets that are on the chart.
After this i think we get a significant bounce up.
i expect the same for BTC and XRP which i would post also
Trade Safe and always use a SL ... nothing is written in stone and the market can always surprise you!!!
If you have any questions regarding to my charts or about ew in general pls post them below and i will try to answer them asap
EOS - Resistance (Update)EOS too, is fighting resistance as predicted and now is consolidating around that area.
It might see a bit of price drop but the support areas can hold the price up.
I'll get keep this chart updated for more info.
If you're into opening long positions wait for the price to pass the resistance and then aim for the TP areas.
Current Market Price: $3.94
Good Luck
Tell me your ideas. Like and Share!
Follow for more updates.
EOS in accumulation rangeEOS / USDT
EOS almost touched 15$ in may
And now trading around accumulation range again
Below 4$ was very interesting area for investors of EOS
but before we buy ...we still want bulls to prove themselves here ..we didn't get any action yet
Are they interested to buy current rate or lower in the range because this is bit wide range
If you are investor ....EOS must be in your watchlist for a potential buy soon
Best of luck
EOS - Fighting ResistanceJust like Bitcoin and ETH... EOS is also strong.
It broke 2 resistance areas since 48 hours ago and we're still on profit.
If you're into opening long position, wait for the price to cross the resistance or close a candle above that area and then open your positions.
The price still have room to go up even if it wants to form another bearish pattern. let's use it!
Current Market Price: $4.1451
Good Luck
Tell me your ideas. Like and Share!
Follow for more updates.
EOS 50% to 100% profit coming. Hello trenders,
Eos created a nice trendmark that may be now the new support.
The next push is going up to 6 Usd levels, maybe 8 Usd according to redistribution so that can be light to pump in the coming weeks.
Timeframe need more study but the idea is bullish.
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