EOS
Eos (EOS) - May 8Hello?
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(EOSUSD 1W chart)
(1D chart)
We'll have to see if we can get support and climb from 10.1764-10.7363.
If it falls, we need to make sure we get support at 9.05.
It remains to be seen if it can rise above the 12.7530 point, which is an important point.
If you move down at 8.4968, you need a short stop loss.
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(EOSBTC 1W chart)
(1D chart)
1752 Satoshi-1874 Satoshi should be watched for any movement deviating from the section.
If it falls, we need to make sure we get support in the 1569 Satoshi-1630 Satoshi section.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
EOS to the Mars?Hi there
lets talk about EOS first
EOS has always been one of the most hype over ICO and now a smart contract platform. When it was announced by founder Dan Larimer in New York City in May 2017, a giant jumbotron advertisement could be seen glowing over Times Square. In the first 5 days of their ICO token sale, EOS raised an unprecedented $185 million in ETH — all without having any kind of product or service yet. EOS claims to be “the most powerful infrastructure for decentralized applications.” Basically, EOS is (or, rather, will be) a blockchain technology much like Ethereum. They plan to create their own blockchain with a long list of impressive features. Some are even calling EOS the “Ethereum killer.” But along with all the hype and excitement about EOS, there’s also a large amount of skepticism coming from the crypto community, and its pumpin hard now.. whats targets
targets 12 - 13 - 14 - 15
stop loss 10.5 - 10 - 9.5
see ya
EOS 🎯 Blast Off! But We Aren't Quite at the Moon Yet! 🚀Following this weeks theme of "PATIENCE PAYS", let's look at our old friend EOS now that's it's started it's movement.
And yes I do believe this growth wave is just beginning realistically. There's still so much potential on this chart and many others - and we've already seen what ETH alternatives like the now venerated ETC can do:
We could take a pit stop at any point to let new buyers hop in at a decent level, but there could still be more gas in the tank for this movement; i'd predict until the inevitable weekend correction.
That said any correction should be considered a correction until we see a serious reversal or bottoming out of bitcoin dominance.
I ANALYZE FOR YOUR COMFORT - EOSCrazy day for EOS, which grew over 60% before enduring a short but rather violent correction. Now the declines seem to have stopped, and EOS seems to have started to recover the lost values. With a little luck in the next half day it will exceed the maximum of the previous day. The alternative would be to continue the declines, but this direction does not seem viable at this time
EOS/BTC - prepare the rocketsEOS just blew through critical resistance levels finally and hit $12 just not too long ago today.
EOS, I have theorized (along with BCD, BCH and ones like that) will provide at least a 10x reward of Bitcoin just this summer. Then again at the end of the year.
To do so, it must hit .0006 - just 300% higher than we are at right now.
Many have subscribed to the theory that we are seeing a fractal repetician pattern from Bitcoin 2017, slightly sped up.
If this proves to be true, and we do not drop 80% from here, than these alts can hit much higher by end of May early June. Keep an eye out, this one could go parabolic soon.
EOS about to hit ATHEOS has been breaking through resistances like there are no such today. EOS is well known to follow the charts. On the bigger time frame I'm expecting that once it hits the ATH there'll be a correction in order to close the gap and then it'll fire up to even greater highs.
This is not a financial advice. Just an idea. Do your own due diligence.