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EOS - 6h. Buyers Prepare for Local Growth with a Target of $6.8We noticed that many are interested in the good old EOS. Relatively recently, we made a global idea for this coin: Today we are going to make a small update and share our thoughts in the short term. As we can see in the chart, buyers failed to build a strong wave of growth after the fatal fall in the price of EOS from May 19 to 23. The trading volumes during the local upward wave were about the same as during the downward wave. Of course, these volumes are not enough to confidently state that a new wave of growth has begun on the EOS market. If we pay attention to the trading volumes on May 5 and compare with the current ones, it becomes clear why. However, the comforting news is that the current price drop looks rather sluggish and takes place at low volumes. Buyers found a good spot for defense in the local range of $4.8-5. In addition, the trend line is in this range, which buyers confidently hold from December 23. Therefore, if the weekend is calm and we do not see the growth of aggression from the sellers, we will expect a local reversal of the market and a test of the mark of $6.65. We are not looking higher for now, as we believe that the price of EOSUSDT will continue to consolidate in a wider triangle. If we look at the daily timeframe , we see that the EOS price is now at a critical point: The chart shows that the range of $4.45-4.78 holds the price perfectly for 3 years. The loss of this range has always meant the continuation of a powerful downward trend. At the moment, the price is above this range. The main task of buyers is to maintain this range for the next week. This achievement of buyers will allow starting the formation of a consolidation triangle above this range and will increase the chances of a price shot up already to the level of $8-8.6. A similar critical situation can be seen on the EOSBTC chart: At the moment, sellers manage to push the price down without much effort. However, in the current price range, we expect to see a struggle. Having lost the range of 1288-1452 satoshi, the EOS market has every chance of falling by another 30-40%. Therefore, you should take your time this weekend and carefully monitor the market sentiment. The next week may be decisive in the medium term. _________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
39
Eos (EOS) - June 7Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (EOSUSD 1W Chart) After a long consolidation period, it moved higher than the 6.4053 point. A consolidation above the 6.4053 point is expected to trigger an uptrend to create a new wave. (1D chart) We'll have to wait and see if we can climb to the 6.2573-6.8172 section. If it falls from the point of 5.1376, a Stop Loss is required to preserve profit and loss. However, it can touch the 4.7538 point and move upwards, so trade cautiously. ------------------------------------- (EOSBTC 1W chart) It should move above the 0.0002840 point for support to continue the larger uptrend. (1D chart) It remains to be seen if the 0.0001574-0.0001690 zone can find support and move up. If it falls from the 0.0001343 point, Stop Loss is required to preserve profit and loss. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional 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 disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. 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 are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BITFINEX:EOSUSD
by readCrypto
Eos (EOS) - May 22Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (EOSUSD 1W chart) (1D chart) We need to see if we can move above the 6.2573 point to break off the downtrend line. If it falls, we need to get support at 5.1376 and see if it can move up along the uptrend line. ------------------------------------- (EOSBTC 1W chart) (1D chart) 1343 Satoshi-1574 Satoshi should be watched for any movements that deviate from it. If it falls at 1343 Satoshi, Stop Loss is needed to preserve profit and loss. However, it may rise along the uptrend line, so careful trading is necessary. To get out of the downtrend line, we have to see if we can get support in the 1574 Satoshi-1690 Satoshi section. -------------------------------------- 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. -------------------------------------------------- ------------------------------------------- ** 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 or CME and BAKKT exchanges were closed because they are not trading 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BITFINEX:EOSUSD
by readCrypto
EOS - 6h. test of $10 and continuation of the correction?A fairly promising rise in the price of EOS , which consisted of two powerful waves on May 5 and May 11, began its correction. This correction was our main scenario , which we wrote about in the previous global idea: As well as under the VETUSDT or TRXUSDT ideas, many positive-minded traders expressed their negative on our corrective forecast. Nevertheless, we publish our thoughts, regardless of whether others like it or not. In this case, in the EOS market, we have witnessed how short-term the news is working out . As we remember, on May 11, news came out that the Creator of EOS will open its own crypto exchange. For two days, the price of EOS was actively growing and it looked spectacular on large timeframes. However, if we analyze the growth on the 15 minute timeframe , we see that someone systematically unloaded their positions and left a trail in the form of hairpins up: Our opinion is confirmed by the following trading days, when buyers were unable to keep the price above the range of $11.5-12. Already on May 13, most of the growth momentum was absorbed by sellers. This fact confirms the opinion that the news can strengthen the trend movement or become a good trigger for the start of a strong movement. However, only when the market is ready for it. Otherwise, the news is rather short-term. At the moment, the price of EOSUSDT has stopped at the range of $8-8.5. If we analyze the history of EOS trading, we can see that this range was quite important in June 2019: As you can see, it was after the unsuccessful breakout of this range that the EOS price continued its protracted downward trend. Therefore, we expect an attempt to consolidate buyers above the range of $8-8.5. The critical point that will decide the next medium-term EOS price movement is at $10 . At this point, we will see how strong the buyers are and whether they are capable of continuing to rise to at least $12. A weak local wave of growth will give a strong signal for the continuation of the fall in the price of EOS to the range of $5-6 . Therefore, at the moment we expect: 1. price fixing above $8-8.5 2. Test $10 After meeting these targets, we will create a new short term idea for EOS. P.S. A negative scenario in the EOS market will be possible if we see a downward breakdown of the consolidation triangle on the EOSBTC chart : ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
12
EOS Fractal ideaDepending on how bitcoin performs over the next couple of days, I expect EOS to follow for now. When BTC stabilizes EOS should be outperforming BTC based on EOS/BTC chart. Elongate has slightly damaged our upwards momentum but I feel we should be back on track within the coming weeks. I expect EOS to hit $16 by next week if we have sufficient volume, this will be my first TP area If EOS goes above $16 then ATH is imminent If EOS bounces, current major support is the bottom of the channel around $10. Another major support is around $8.70-8.85 price range DYOR and pay close attention to BTC
BITFINEX:EOSUSDLong
by obsessedCrypto
1
Withdrawal time for the bulls(not over yet just a breather)As bitcoins bull run has completed itself it is unlikely to pump again till another few years which means a downtrend for the overall market for the next couple of months the rsi is looking short term bullish and im thinking that the macd will hit a double top with a lower low signaling the bears to attack. The conditions are met for a bearish trend and now i see a small bounce forming with a bear trap lining quite nicely and thus a lower high will form continue a bearish trend with the head and shoulder pattern forming, sadly there is to much resistance at the 12-14 mark for eos and so to 53-57k zone on btc to break through .that is unlikely to break at this time of the year, possibly around Christmas this year we can retest this resistances, but for now take profits and get ready to buy in at a nice cheap price
Short
by Glo1235122
4
EOSBTC 1W long setup; Breakout of long lasting downtrendTA explained EOS broke out of the long lasting downtrend which developed within the parallel downward channel. Price broke out and pulled back towards the broken trendline. A little more pullback can be expected which might also wick through the lower entry price. Final target aligns with the 0.618 fib retracement level. SL is a bit wider than usually, risking a bit more on this trade because of the potential profit. Trade setup Best entries: 0.0001228 - 0.0001660 TP1: 0.0003299 TP2: 0.0005507 TP3: 0.0009781 TP4: 0.0015790 SL: 0.0000909 RR: 17.73 Max leverage: na ————— Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to lose (of course)
Long
by MattieDsCryptoLounge
1
EOS - Correction (As you asked)Market is going through correction right now, but some coins like ETH are recovering. In my opinion, EOS is recovering too. Wait until this recovering session is confirmed and then open your long positions... it's alt season so don't panic sell for now. Wait for the breakout which happens right after the first closure of the 4H candle above the resistance area. ⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high. Good Luck 🎲 Tell me your ideas. Like and Share 🗣✅
by ShawnMCR
7
EOSBTC Major Bullish Break-outEOSBTC broke above the Lower Highs trend-line that started on April 2018 that has essentially marked the start of its Bear Cycle. By doing so, it also broke the 1W MA50 (blue trend-line). That was the first hit on that line since the June 03 2019 1W candle. This bullish break-out is supported by both the RSI (broke above its 1 year Resistance) and the LMACD (biggest bullish gap ever). The short-term target is the 1W MA100 (green trend-line) and long-term the 1W MA200 (orange trend-line). Both happen to be near the two major Resistance levels (1 & 2) that were formed previously by Lower Highs. Most recent EOSBTC signal: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> xBTala --------------------------------------------------------------------------------------------------------
Long
by TradingShot
13
Eos (EOS) - May 8Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (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. ------------------------------------- (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. -------------------------------------- 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. -------------------------------------------------- ------------------------------------------- ** 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)
BITFINEX:EOSUSD
by readCrypto
6