EOS
EOS has had quite a range trendEOS has had quite a range trend in the past weeks. The number of 25 candles recorded in the daily timeframe shows that the EOS price trend has been in a specific area and range for a month.
The price in the daily timeframe is also between the resistance range of $1.14 to $1.17 and the support range of $0.81 to $0.85 is the range.
Recently, with the positive events that have happened in the market, signs of exiting the range trend can be seen by breaking the ceiling of the main descending channel.
Also, the support of the $1 range has had a high power in maintaining the range trend. In general, if the buyers can push the price past the resistance, we can expect more price growth.
In this case, the next target of buyers can be considered the resistance range of 1.26 to 1.30 dollars. Of course, it is necessary that the favorable conditions in the market continue.
#EOSUSD - Is this Short Trade too Predictable?theCrypster -
Coming straight off a test of the upper-most resistive trend line and getting a strong Sell signal from Crypto Tipster v2 is just about all we need to confirm this trade!
There's a nice level of support around 15% below the current price and this is our target area.
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#EOS Accumulates After A 35% Spike, Resistance at Nov Highs Past Performance of EOS
After rising roughly 35% from December lows, EOS prices remain in a consolidation. The uptrend remains, but whether this will continue depends on the breakout direction. Technically, bulls must shake off any attempt to press the coin lower. Any surge above $1.1 may see the coin rally to November highs.
#EOS Technical Analysis
EOS is increasing, per the current formation, consolidating in recent days. Until there is a decisive breakout with above-average volumes, traders may stay on the sidelines. Currently, EOS has support at $1, with the middle BB influencing price action. The January 30 bear bar is conspicuous and wide-ranging, defining the current range. Bulls are in charge in the short term unless there are losses below $1 that may see a sell-off towards $0.92. Bulls must clear $1.2 and November highs to invalidate the bearish formation and allow EOS to expand above the neckline of the W-formation. This will be a major signal for long-term traders targeting H2 2022 highs at around $1.90.
What to Expect from #EOS?
After a march from mid-December, the upside momentum could be fading. A close above this week's highs could rejuvenate buyers expecting another leg up to $1.90 as EOS bottoms up.
Resistance level to watch out for: $1.2
Support level to watch out for: $1
Disclaimer: Opinions expressed are not investment advice. Do your research.
EOS will repeat DYDX move BINANCE:EOSUSDT
EOS now in a same accumulation range like DYDX
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Possible Targets and explanation idea
➡️ 231 days in accumulation range
➡️ Got first deviation so now the top of this range is a magnet for next deviation
➡️ First stop losses over 1.21$ first target
➡️ We can try open long in zone what i marked on screen with stop loss
➡️ Local uptrend structure
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
Selling pressureEOS has been in a range over the past week, with its price stopping below trend resistance in the $1.131 range. Yesterday, we saw a 6% drop in EOS following the selling pressure created in the market. Therefore, it is very likely that we will see a range trend for EOS this week. The first support is considered in the range of $1.033, but if the selling pressure increases, the price decline can continue to the range of $0.934 - $1.
EOSETH - Could Go 10% in Either Direction from Here!Eos is fast approaching the end of a large descending triangle, historically it appears price tends to break on the upside of these triangles, but not always..
We do have a Buy signal from Crypto Tipster v2 which is always very handy in making strong predictions so we'd suggest a rise of 10% is incoming up to the next level of resistance, but we're not 100% on this one! We wouldn't be suprised if we saw the price drop 10%. 📈📉
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✴️ EOS Token Very Strong | Prepares For 45% Jump To $1.50+When it comes to the retrace/consolidation phase, EOSUSDT was one of the altcoins that went deeper.
While Bitcoin and others stayed above EMA10 after the massive mid-January pump, EOSUSDT moved to test EMA50 as support and even closed below EMA10, EMA21 and EMA100.
We frequently say... "What one does, the rest follow!"
Even though EOS moved lower 18-Jan., yesterday a full green candle send its price trading back above EMA10, EMA21, EMA50 and EMA100.
Compared to other major altcoins, this one is still below MA200... What to make of this?
This tells us that there is higher potential for growth... That's the beauty of crypto, if one pair goes ahead you never miss an opportunity because there are always other pairs that will follow and do the same.
With this strong bullish bias, the next target short-term is set at $1.13 or MA200, followed by $1.22 and finally, $1.50 for EMA300 or the 0.618 Fib. extension golden ratio.
This is truly only the beginning...
Things are absolutely just getting started!
Our beloved cryptocurrency market will grow for months, literally!
We have many confirmations now.
Jump on board and enjoy the ride up.
Namaste.
EOSUSD Bullish Scenario 2023this is an alternative to my previous post indicating EOS had another low to reach (thinking BTC wasnt finsihed with its bear market)
in light of the recent pump, and pending where it goes, the bottom may be in and give us a chance to see the market pump for a change
this is not my original idea, this count is taken from Haejin which he posted on his Twitter not to long ago.
twitter.com
- i want to test out his projections and his count and in some ways hold him to his thesis
-he's known for absurd bull market predictions and I wanna see where he stacks up at the end of the year
-according to his chart the ending C wave was ~40 target, not sure if its his actual target or an arbitrary number greater than Wave A
I have Super imposed a trend based Fib-Extension and marked with corresponding Color coordinated horizontal lines.
"Ethereum Killer" - EOS is fighting for personal survivalHere is the entire trading history of EOSUSDT, which is 5.5 years from mid-2017 to the present.
At different stages of its existence, EOS was called a know-how breakthrough in the crypto industry and the "Ethereum killer". They announced the creation of a bank and crypto exchanges based on EOS and much more. But such a news background and marketing did not help.
In fact, the EOSUSD price is in a clear downtrend for the last 19 months. Probably, the 20th month will still be under the red trend.
However, in general, the first signals for a possible upward trend are appearing in the cryptocurrency market.
The EOS price has now stopped at a strong, one might say mirror level, because it was first tested for strength back in 2017. In 2022, the liquidity zone of $0.80-0.85 has already withstood a blow from above three times.
If there are still people in the crypto market who are interested in EOS, then it's time for them to take their heads and start aggressively buying. Because under this liquidity zone left only -40% to the absolute price minimum.
But let's try to think positively and repeat like a mantra: EOS is a necessary and working crypto project. )
In this case, EOS will be bought, and the first task of buyers is to break through the red trend line. Therefore, the first growth target is $1.35
The next task of the extremely difficult quest of EOS buyers will be to consolidate above $1 and on the other side of the red trend line.
And only after all these conditions are met, you can start dreaming and fighting for the growth of the EOSUSDT price to the liquidity zone of $1.95-2.05
Do you believe in the growth of EOS ?)
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Increasing demand is decisiveIn recent weeks, EOS has registered a range trend at its lowest historical support level. The price of EOS in the daily time frame ranges between the resistance of $1 and the support range of $0.85 to $0.81. And in the 4-hour time frame, the range trend is between the current support and resistance of $0.90. If this resistance is broken by increasing demand and the market conditions remain favorable, we can expect that by turning this level into support, the next target in the range of $0.95 to $1 will be available to buyers.