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Eosbitcoin

Bearish accumulation or sideways movemten?Hello, traders. Tell us what you think. EOS is close to the long-term resistance, which may decide the future of that asset price. We are on a few days within an accumulation zone. We don't know if it is a bearish accumulation or sideways movement, so we are going to wait for the price to decide the next move. Within which case, the long position is above the resistance, and the short position bellow that accumulation. Best Regards. Gustavo.
by MarketMinds
EOS in GREEN ( MACD DIVERGENCE )Confirmation 1: EOS Bullish Divergence on a weekly time frame. Coming weeks 30% bull run. Confirmation 2: Tested the monthly level at 2479 which is strong support. confirmation 3: Look at the Triangle Wedge, The upper line of the wedge has been tested and respected 5 times. The Red candle is testing the wedge by wicking at the edge of the wedge. We may see a test at 3148. Exit the trade before 3148, because it is the monthly resistance which is going to be tested. We may see some retracement, if on the first touch the monthly level is broken EOS may test weekly level at 3552. In Short, 20 to 25 % rise in coming weeks. If 3148 is broken, then more 10 percent rise is expected. Trade safe. Good luck. And Ignore my typing mistakes please. Thanks. God bless you all.
Long
by SmartMaxi
EOSBTC FINALLY STARTING TO REVERSE? After a 53% drop in price since mid Feb EOSBTC is finally starting to show signs of reversing from its non-stop downtrend, what comes down must go up. On the 4HR TF we are seeing a Sym triangle forming with potential bullish play to the upside if broken & retested triangle as support, this is currently supported by a change in market structure, from consistent LH/LL's to now forming a HL & potentially a HH this could be the deciding factor for EOSBTC in the coming few days. Short term bullish play; Would need to see a clean break of upper trendline in Sym triangle broken then re-tested as support, with short term TP at 2895 on previous high structure. Long term bullish play; Once HH structure has been set in stone, will be looking to take long positions on the next HL pullback. If bullish momentum does play out I will be updating this chart with my entry positions, SL's & TP's so stay tuned ! LEARN TA! At MBA we teach technical analysis from the basics up, learn to trade with our veteran traders with a community of 200+ other traders; Link in profile description!
Long
by Irezumi
EOS ANALYSIS: LONG OPPORTUNITY PRESENTEOS ANALYSIS: EOS has been trending in a downward channel since breaking down from recent highs. The RSI is breaking down into an oversold territory as it flats out upon each drop showing signs of life of buyers coming back into play. There is an expected bounce coming in and long opportunity from the zone of 3300-3400 sats. This support has held very strongly in the past. Take profit targets are lasted at T1 of 3590 sats, T2 at 3720 sats, and T3 at 3848 sats. Major MAs are coming down, and could possible break back below 200MA. Therefore, take profit by T3 as it is the major line of resistance now. Possible Entries: 3300-3400 sats
Long
by altchicasignals
2
EOS ANALYSIS: SHORT DOWN TO TRIPLE BOTTOMEOS ANALYSIS: EOS is facing major resistance at the 200MA after being rejection on a breakout and laying just underneath. The volume is dragging behind in a major way and bulls dont seem to want any action at the current price. ATR is nearing lows, but RSI remains at neutral state. Very likely EOS moves to the downward side pushing to T1 at 3625 sats, followed by T2 at 3508 sats. For those who dont want to short, look to place long bids inside the temporary support under 3500 sats. Stagger bids down to the low hanging wicks of 3250 sats. Bounce should occur upon the triple bottom inside this range. Possible Short Entries: 3725-3800 sats
Short
by altchicasignals
2
Where Are The EOS Bulls At? - Breakout Is ImminentTwo charts that explain why I'm super bullish on EOS/BTC 1) - The EOS price has broken out above 40k satoshis on January 14, and the rally lasted until February 14. Since then, the price has returned and avlidated the breakout level. This is a very common movement that leads to another upward move the majority of the cases. - In addition, there is even more support given by the 200-day MA. The price has reached it twice and created long lower wicks each time - another bullish sign. 2) - The 6-hour chart is also bullish and shows a descending wedge that has been created (bullish reversal pattern). - In addition, the RSI has generated significant bullish divergence throughout this pattern. - All of this is happening inside a crucial support area, so a breakout feels at hand. - The first & second targets are at 46,000 & 53,000 satoshis.
Long
by BitcoinMaximus1
EOS ANALYSIS (WILL TEMPORARY SUPPORT HOLD?)EOS ANALYSIS: EOS recently was rejected at the daily resistance and fallen down to a temporary support. This support has formed a small rising wedge that has just broke. Therefore, I expect EOS to fall back towards support near 4100 sats. I expect this temporary support to hold on the double bottom. Following the hold here, EOS should be positioned for a nice run back up! My main targets to look for are 4440 sats, and T2 at 4600 sats. These are local tops that will be the next line of resistance, a break of these would bring in the final target to previous at 5180 sats. I do expect this to be breached, given that the temporary support holds. If the current support breaks, 200MA at 3800 sats would be incoming. I do not see 200MA breaking anytime soon.
by altchicasignals
EOS ANALYSIS (JUMP BACK TO DOUBLE TOP INCOMING)EOS ANALYSIS: EOS invalidated temporary support after breaking down from 5200+ sats. A quick scam quick down to 200MA was eaten up by bulls, showing strength in the coming bull run. I expect a further rise from here and a breakout from the wedge. Look for T1 at 4350 sats, T2 at 4510 sats, T3 at 4840 sats, and lastly 5100 sats. T4 will peak off at a double top, I would recommend to move stop loss up in this case due to possible chance we break thru to new highs. A break of the 100MA at T1 is highly expected . Volume should jump back in as buyers eat up the sell walls on the way back to daily resistance block. Possible Entries: 4245 sats
Long
by altchicasignals
EOS ANALYSIS (BULLISH AF!)EOS ANALYSIS: EOS has been making some major gains and has no real stop in sight. It is currently hitting a small local resistance, but it sits ABOVE this zone. This would hopefully turn 5100 sats into a local support. If this holds, I are am expecting a strong rise to T1 at 5400 sats, T2 at 5680 sats, and finally T3 at 6800 sats. There are major profits to be made. Look for 5100 sats to hold and go long here. The next major resistance isn’t until weekly block, otherwise its a clean shot up til then. RSI and Stoch are oversold, so it is possible for a small accumulation phase here, but the longterm outlook is bright! Possible Entries: 5100 sats
Long
by altchicasignals