$EOSlooking for a break on the grey box that is currently keeping price down
should hit yellow zone and return to grey which is where i will be looking for a long setup
targets are marked on the chart clearly
blue box at the top is weekly OB resistance I do not see us clearing the area and closing above on the first attempt.
disclaimer: not currently in this trade but am looking to enter as described. will update if i do
Eosbitcoin
EOS - 4th times a charm?EOS has bounced on the trendline and support zone multiple times already BUT hasn't been able to properly leave this supply zone in the rear-view mirror. Any breakout above would need Bitcoin cooperation but RSI is trying to retest resistance and breakout while the MACD is slowly down its descent and trying to head higher.
Currently finding resistance at both EMAs and needs to close above here to have another go at the supply level around $6.
Proceed with caution as BTC is starting to look weak.
Thanks guys!
A trading opportunity to buy in EOSBTCTechnical analysis:
. EOS/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. While the RSI downtrend in the Daily chart is not broken, bearish wave in price would continue .
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00077045 to 0.000659680). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00077045)
Ending of entry zone (0.000659680)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00092850
TP2= @ 0.00101240
TP3= @ 0.00110491
TP4= @ 0.00122150
TP5= @ 0.00145282
TP6= @ 0.00165458
TP7= @ 0.00193591
TP8= @ 0.00229268
TP9= Free
A trading opportunity to buy in EOSBTCTechnical analysis:
. EOS/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. While the RSI downtrend in the Daily chart is not broken, bearish wave in price would continue .
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00077045 to 0.000659680). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00077045)
Ending of entry zone (0.000659680)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00092850
TP2= @ 0.00101240
TP3= @ 0.00110491
TP4= @ 0.00122150
TP5= @ 0.00145282
TP6= @ 0.00165458
TP7= @ 0.00193591
TP8= @ 0.00229268
TP9= Free
EOS - Bounced but still looking weak! EOS finally broke out of the long-term trendline and has retreated back down to the demand zone. We have bounced off of this area and are currently retesting the trendline with a close above being bullish for continuation. The Altcoin market cap chart looks like it has topped out for the moment so we could see EOS fall back under and possibly retest the lower bigger demand zone. EOS needs to hold this lower zone or else we could very well see new lows for the year.
Bitcoin is holding up so far but any sign of weakness could cause all altcoins to spill over. We are currently in between support and resistance areas so this is a no-trade zone and awaiting a move towards one or the other will hopefully give more clarity on direction. RSI has returned near the mean and MACD has crossed over and is heading back down to the midpoint.
Stay safe everyone!
Thanks guys!
A long-term Buy trading opportunity for EOSBTCTechnical analysis:
. EOS/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0007083 to 0.0005282). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0007083)
Ending of entry zone (0.0005282)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0008506
TP2= @ 0.0009285
TP3= @ 0.0010175
TP4= @ 0.0012215
TP5= @ 0.0014943
TP6= @ 0.0016828
TP7= @ 0.0019516
TP8= @ 0.0022935
TP9= Free
A long-term Buy trading opportunity for EOSBTCTechnical analysis:
. EOS/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0007083 to 0.0005282). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0007083)
Ending of entry zone (0.0005282)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0008506
TP2= @ 0.0009285
TP3= @ 0.0010175
TP4= @ 0.0012215
TP5= @ 0.0014943
TP6= @ 0.0016828
TP7= @ 0.0019516
TP8= @ 0.0022935
TP9= Free
EOS: DEADLOCKING SOLUTION & MARKET RECOVERY - PROFIT = 29.04% !Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of August 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 29.04% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 6: Release of EOSIO Dawn 3.0 ahead of schedule which introduces improvements in performance (increasing the transactions processed per second to a maximum of 8000 TPS), compression improvements
April 6: Block.one signs $200m Joint Venture Partnership to Accelerate Asia-Focused EOSIO Ecosystem Development
April 19: Bitfinex announces full support for the upcoming EOS mainnet token swap
April 24: EOS Mainnet is expected to launch on 2nd June (33 days).
April 24: eToro (a social trading platform with over 9 million users) has allowed users to buy and trade the EOS token.
May 31: The EOSIO launches the Bug Bounty Program.
May 31: EOSIO Stack Exchange site is now fully open to the public and community members.
June 2: Block.one (publisher of EOSIO blockchain protocol), and SVK Crypto (an investor in blockchain technologies), announced today that they have partnered to launch a new US$50 million fund to accelerate the growth and development of the EOSIO blockchain ecosystem.
June 1: Block.one Closes Record $4 Billion EOS ICO 4.76% 0.00% -2.70% 3.23% .
June 2: Block.one releases version 1.0 of its open source EOSIO blockchain software. This software enables businesses to rapidly build and deploy high-performance and high-security blockchain-based applications.
June 2: Block.one launches the EOSIO Developer Portal.
June 5: Billionaire Mike Novogratz notes he is bullish on EOS.
June 6: Infinito Wallet adds support for EOS.
June 6: Bitmex lists EOS and EOS futures trading (with up to 20x leverage).
June 15: EOS launches its public blockchain.
June 28: Block.one’s releases proposal for EOS Constitution v2.0.
July 16: Block.one Closes Strategic Investment Round Led by Peter Thiel and Bitmain.
August 18: Bitfinex Is Working On A Decentralized Exchange Built On EOS to be released in Q3 2018.
August 30: A member of Reddits EOS community has built a tool to prevent EOS stakers from being locked out of their account when the network is suffering from high loads. Accounts can become deadlocked because the network becomes overloaded or is spammed freezing your ability to process any transactions for up to three days while your account refreshes.
The general uptrend in the crypto markets (as reflected by Crypto Market Pulse) as well as the positive developments outline above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
EOS: BITFINEX TO CREATE DEX BUILT ON EOS - PROFIT = 21.69% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of August 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 21.69% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 6: Release of EOSIO Dawn 3.0 ahead of schedule which introduces improvements in performance (increasing the transactions processed per second to a maximum of 8000 TPS), compression improvements
April 6: Block.one signs $200m Joint Venture Partnership to Accelerate Asia-Focused EOSIO Ecosystem Development
April 19: Bitfinex announces full support for the upcoming EOS mainnet token swap
April 24: EOS Mainnet is expected to launch on 2nd June (33 days).
April 24: eToro (a social trading platform with over 9 million users) has allowed users to buy and trade the EOS token.
May 31: The EOSIO launches the Bug Bounty Program.
May 31: EOSIO Stack Exchange site is now fully open to the public and community members.
June 2: Block.one (publisher of EOSIO blockchain protocol), and SVK Crypto (an investor in blockchain technologies), announced today that they have partnered to launch a new US$50 million fund to accelerate the growth and development of the EOSIO blockchain ecosystem.
June 1: Block.one Closes Record $4 Billion EOS ICO 0.00% -2.70% 3.23% .
June 2: Block.one releases version 1.0 of its open source EOSIO blockchain software. This software enables businesses to rapidly build and deploy high-performance and high-security blockchain-based applications.
June 2: Block.one launches the EOSIO Developer Portal.
June 5: Billionaire Mike Novogratz notes he is bullish on EOS.
June 6: Infinito Wallet adds support for EOS.
June 6: Bitmex lists EOS and EOS futures trading (with up to 20x leverage).
June 15: EOS launches its public blockchain.
June 28: Block.one’s releases proposal for EOS Constitution v2.0.
July 16: Block.one Closes Strategic Investment Round Led by Peter Thiel and Bitmain.
August 18: Bitfinex Is Working On A Decentralized Exchange Built On EOS to be released in Q3 2018.
The general uptrend in the crypto markets as well as the positive developments outline above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
Bullish scenario on EOS/BTC!I already pointed out a bullish scenario for EOS/USD, in which I mentioned that 1.272 fib level could be a possible price target ($28). Now, let's see what EOS/BTC has in store.
The things I noticed in EOS/BTC are 1. A possible cup and handle pattern and 2. A potential fifth wave in an Elliott Wave pattern. Given these two bullish patterns, I would first watch out for every Fibonacci level that exceeds 1 (so, 1.272 and 1.618). See the chart for price targets.
However, a much more bullish price target would be when we apply the following principle of a cup and handle from Investopedia:
"... add the height of the pattern to the breakout point. This target assumes that the size of the rally within the cup will be replicated on the next rally. If indeed the long-term trend has reversed, the price should be able to reach this target, and potentially exceed it." What this means, is that EOS will add a remarkable 96% to its current all-time-high, which would result in 0.0046 BTC!
I'm not saying it will most certainly reach these targets, I'm just pointing what could potentially happen. Trade responsibly!
EOSBTCApproaching the testing of the trend line and the level of Fibonacci 61.8
This zone will be followed by a rebound, if the bulls manage to exit the descending wedge, it will be possible to count on a new rally, otherwise we will fall to the level of 78.6 with a subsequent exit from the wedge and a test of the trend line
EOS hitting 0.786 fib heading under 100000 sats Hello everyone,
While looking at weekly chart for EOS, it looks like it is now heading towards 0.786 fib which is around 96250 satoshi range. It should be a good area to accumulate some EOS and wait further to see how it moves.
Chances are it might move lower following BTC, but I would still get some EOS in my bag and ladder buy later.
**Do not take this as a financial advice as I am not a financial adviser. Pls DYOR.***
Its a solid project with top technology. Recently Chinese govt has rated EOS as #1 coin before ETH, followed by NEO.
Pls feel free to share your comments and thoughts.
A second chance to buy in EOSBTC ....EOS/BITCOIN
New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume.
*There is still a possibility of temporary retracement to suggested support line(0.00171). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.00171).
*If the support line at (0.00171) is broken, the forecast (Resumption of uptrend) will be invalid.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 2 BUY trade(s) @ 0.00074254(day close price) based on the reversal candle ( 2-Day Hammer ) at 03.27.2018.
Total Profit: 167342
Closed trade(s): 57746 Profit
Open trade(s): 109596 Profit
Closed Profit:
TP1 @ 0.00132 touched at 04.20.2018 with 57746 Profit.
Open Profit:
Profit for one trade is 0.00183850(current price) -0.00074254(open price) = 109596
1 trade(s) still open, therefore total profit for open trade(s) is 109596 x 1 = 109596
All SLs moved to Break-even point.
Take Profits:
TP2= Free
Technical analysis:
Eos/Bitcoin is in a range bound and resumption of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 58.