EOSBTC
EOSBTC BULLISH DIVERGENCE !?Hello Traders!
Today’s chart will be on EOSBTC, potential bullish divergence!
Points to consider,
- Bullish cross on EMA’s
- RSI broke resistance
- Volume picking up slightly
- VPVR showing low volume of transactions
- Price putting in lower bottoms as RSI puts in higher bottoms (Bullish Divergence)
EOSBTC is looking quite interesting on the daily timeframe as it may be looking to change market structure and turn bullish. The RSI recently broke resistance and has further upside potential upon retest of the now turned support, previous resistance.
Price has been putting in lower lows whilst RSI has been establishing higher highs, classical bullish divergence. Volume has also been picking up, we need to see this sustain if EOS was to test local resistances.
The EMA’s are currently crossing bullish, which is another sign that EOS is ready for further upside movement and with the VPVR showing low volume of transactions, EOS bulls shouldn’t have much issue reaching resistant targets, posting gains of potential 42% and up to 92%!
We much consider the market as a whole, the crypto market is very uncertain, this whole set up can be negated by BTC’s moves so we must use risk management and stop losses!
What are your thoughts on EOSBTC recent developments? Will bulls come to fruition and break local resistances? Or will we see EOS roll over and retest yearly lows?
Please leave a like and comments
And remember,
“You’re going to learn a million things, then you need to forget them all and focus on one.” – SunriseTrader
Buy EOSBTCMajor alts are very beautiful against BTC. Looking at ETH, LTC, BCHABC, EOS, In my opinion EOSBTC has currently the best chart. You have a bullish candle combination on weekly, you have good volume kicking in, you have prices above 21 MA on daily, you have a falling wedge breakout, you have a first wave 1 of maybe a reversal trend, and now prices are accumulating, on flag pattern in H4 / H1. A buy when flag breaks higher is a good entry point, stop below the flag minimal. Targets at 1 / 1.618 fibo projection of the pivot. Also you have target at previous support, now resistance. Looks prime to rally in few days.
EOS/BTC Bullish Pattern Break out!EOS/BTC pair manage to find support at 0.786 Fib level and break the resistance from the Falling Wedge pattern (Bullish).
A healthy pullback to retest the support at 0.786 Fib and hold it would be extremely bullish for the midterm action.
Nice bull volume spike and bullish divergence on the RSI too.
Daily higher low needs right now to continue the upward trend up to the 0.618 Fib resistance.
*Trade idea*
Buy Area: 0.0003420 - 0.0003230
Target Sell: 0.0005700
Stop Loss: 0.0002930
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EOS Long-term | 530%+ Profits Potential to ATHWe are active trading EOS with the EOSU19 instrument, but the numbers there are equivalent to the EOSBTC pair, so you can use these numbers on this same chart...
EOSU19]8X]LONG]314.% ROE] High Risk, High Profits Lev. Trade
Now, let's take a look at EOS (EOSBTC) long-term.
Notice that the early Dec. '17 support has been activated with a strong bounce following.
The MACD is gaining momentum to the upside while showing strong bullish divergence from EOS price.
The RSI is sitting now at 60.20, really bullish.
EOSBTC can easily move higher, just take a look at this run:
We might be looking at something similar within just a few months.
Namaste.
[EOSU19][8X][LONG][314.% ROE] High Risk, High Profits Lev. TradeLet's take a look at EOS Token (EOSU19) on BitMEX (same as EOSBTC on PrimeXBT and other leveraged trading platforms).
Here I will be sharing my full trade but first a warning:
Our BitMEX/leveraged trades are ultra high risk, an extra and intended only for advanced/experienced traders.
Please stick to our Signals and PREMIUM Trades if you cannot take the risk or a loss. These trades can fail easily as these are super high-risk.
This is not financial advice. The information here is shared for learning purposes only.
Now... Let's trade!
______________
Trade: LONG EOSU19 (EOS Token)
Leverage: 8X
Buy-in: 0.00003160 - 0.00003384
Targets:
(1) 0.00003520
(2) 0.00003700
(3) 0.00003900
(4) 0.00004200
(5) 0.00004400
(6) 0.00004700
Stop-loss: Close daily (1D candle) below 0.0003100
Liq. price: 0.0003037
(Buy-in calculated at 0.0003374)
Potential profits: 314.4% ROE
Capital allocation: 7%.
______________
Thanks a lot for reading and your continued support.
Previous EOSU19 / EOSBTC chart analysis:
Namaste.
EOS: Everything is 3!EOS was clearly the winner of the Altcoin bounce, giving more than 10% profits , and sneaking right back into the 3,50 range, upholding the very strong support zone at 3 Dollars psychological. Compared to all the other Alts, it is the only candidate that has clearly broken the Pullback High (Neckline) of the Double Bottom.
Since EOS likes the 3 very much, we even bounced off from 3k Satoshi in the direct correlation to BTC:
Conclusion: If EOS can hold the bottom in USD of the previous Equilibrium range, we'll have the change for a nice inverse H&S breakout.
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
EOS-BTC / Long-term view / Neutral / Weekly timeframe EOS-BTC Strong Resistance Area : above 8000 satoshi area (specifically 8300~8800 area)
EOS-BTC Strong Support Area : 2550~2950 satoshi area ( Below that area I cannot find any reason to buy EOS for long-term holding )
EOS-BTC is now showing some reversal, but IMO it is not yet to buy for long-term holding. I am going to accumulate some EOS about 2550~2950 area.
EOS Token Falling Wedge | Two Strikes | Where To Next?EOS Token (EOSU19) is now trading within a falling wedge and attempting to break above it as I write this... Here is the setup, our last trade for EOSU19 failed so we now take a second look, ...
We have a falling wedge that is being challenged right now, where you see #3 on the chart.
If EOSU19 can break above this trendline, we can expect for it to easily move higher. A break above EMA10 (0.0003157) would give further strength to this signal.
Now, if EOSU19 fails to break this trendline, we can expect for it to move lower before another try at breaking up.
Chart signals:
Low volume; green volume bar coming up.
MACD starting to curve.
RSI curving up after hitting oversold.
All these are early signals.
I still don't have a trade for this setup but will keep an eye on it.
Thanks a lot for reading this content, I/We appreciate your support.
Namaste.
EOS Token Starts To Move (125% ROE | 6X)This is our full trade for EOS Token...
This is not financial advice.
___________________
Trade: LONG EOSU19 (EOS Token)
Leverage: 6X
Buy-in: 0.00003230 - 0.00003450
Targets:
(1) 0.00003590
(2) 0.00003660
(3) 0.00003820
(4) 0.00003910
(5) 0.00004060
(6) 0.00004110
Stop-loss: Close daily (1D candle) below 0.0003200.
Liq. price: 0.00002916
(Buy-in calculated at 0.00003397)
Potential profits: 125.88% ROE
Capital allocation: 7%.
___________________
Namaste.
EOSBTC & EOSUSDT chart analysiswe definately need some momentum. need more buyers. volumes are low.
before we pick up some volumes it could just fall lower.
we need strong movement to break down trend and ema lines.
keep watching for volumes.
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EOS: BREAK! 10% Already!I just mentioned my EOS short play -that I was showing you off in all the analyses since Sunday - in the LTC analysis already:
But why did I play EOS/LTC/ETH on this short break specifically?
I didn't know, if EOS or LTC was going to make the race to the bottom . Why did I mix in ETH additionally? Just because of the cleaner levels. Since all of them are in bear flags/crashing against BTC , it was a no-brainer to play them to the bottom.
But I left XRP or BCH out, because of 'political' reasons. BCH has people like Roger Ver or Craig Wright behind them: anytime you can expect those guys to manipulate stuff.
The same is true for XRP: Anytime the company could go ahead with a very natural tripling like in 2018 when we had touched 25, to basically save the level.
Conclusio : I went with the rather unpolitical candidates here, which also have a large enough market cap for my account size to easily move in & out. If grandpa BTC keeps going down, we'll have very good potential to reach the target of 3 Dollars psychological.
What is amazing is: we literally had the same amount of consolidation before the previous clean bottom break of the Descending Triangle:
=> This is why you wanna learn short trading. Edgy is the place to start.
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
EOS/USD - Wise to resolve, and the patient to performHi, today we are going to talk about EOS and its current landscape.
At the EOS we observe in a Bearish perspective one strong Uptrend Line, that if broken could bring the price to lower levels. As is charted above, the possibles zones of support wich the price might find the Bulls defense. On the other hand at the Bullish sight, an attack in the breaking of the Downtrend Line would have the initial target of 61% of Fibonacci of the bearish wave.
Thank you for reading and leave your comments if you like.
EOS/USD: Descending Again! 12% Profit Potential [TRADERS ONLY]If you break the chart down into its first principles, it is actually very easy to understand, it's not rocket science: We have what I call two and a half directions! ;)
We can either go up, or down, or sideways (which will show us perfectly as patterns in the chart.)
=> EOS is, as I have stated many times, one of the best & clearest tradable pairs in crypto space, if you're a real trader who can short too.
For the case you couldn't see the post chart clearly, here you go:
=> You can perfectly see, how EOS is breathing in and out: Break to the upside, consolidation, break to the upside again. Break down, consolidation, break to the downside again.
Right now, we have been consolidating for 13 days -exactly like on the July break - and also this time, we will see a break coming. The direction of the break will depend on grandpa BTC: In the short case scenario (which is more probable right now), we'll have the potential to reach 3 Dollars psychological: Solid 12% profit potential. In the bull break scenario, we'll be headed towards 4 Dollars again: Solid 10% profit potential.
The last break in July was one of my best plays, even though I took profit early: EOS crashed unimaginable more than 40% in a one week period . Have you ever seen a business with 40% profits in one week? => This is what is possible in crypto trading. Instead of being the pig, that eats everything they throw in front of him (aka overtrading on the 15min chart), you have to become the lion, who takes his trades like a sniper. If you want to dive into short trading & learning this stuff from the ground up, Edgy is the right place to start. I wish you a great trading! ;)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.