EOSBTC . Can eosbtc break the resistance?Technical analysis:
The currency has been in an uptrend and the price is now in the "Buy Zone" of the Bollinger bands.
The RSI is around 68.
There is also an uptrend in the RSI which acts as a dynamic support and prevents price from more losses.
We define our buy zone between the Fibonacci levels of 38.2% and 50.0%, so we can benefit from the uptrend if pullback to this zone.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", 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:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
We take two trades accordingly:
1. first resistance is at 0.00132 and will be our target
2. Without target
Eosbtclong
EOS:BTC - HUGE Cup and Handle Pattern has formed!Hello and welcome to my latest very brief look at EOS vs BTC analysis on the daily log chart.
As you can see we have just completed a massive cup and handle pattern stretching from July 2017 to current. If we can break out above the rim then we look set for a 200% increase over the coming 3 months or so!
Let me get this straight though, we have not broken out above the rim yet! And even if we do break out above the rim this is not going to be a straight shoot for the moon… We will of course zig zag our way up there offering many chances for short term trades.
Looking at the MACD/RSI we are building momentum so we have a pretty good shot of breaking out, however I would reframe from going this long until we have an actual confirmed break out with supporting volume. There is still a chance we will retrace from the current resistance we are facing; in which case we may form a smaller cup and handle pattern as shown in orange. If this occurs it still gives us a target increase of about 80%.
So feel free to follow as I post shorter term trades as we progress further.
Cheers
EOS #EOS entryEOS #EOS entry points.
Ideally we would want to see it drop to the .618 and find support before it moons.
If it doesn't drop that far then look for confirmed support on the .786.
As it stands right now on the daily chart the .618 FIB and 50 day moving average are kissing. So in addition to the FIB, look for support at the 50 day moving average.
BULL Flag!Binance: EOSBTC 1H timeframe
We are seeing some very bullish momentum for EOS, and now we are forming Flag pattern, so we are waiting for breakout to continue this bullish trend and momentum!
As u can see on RSI, we are in having good support around 50 RSI. I'm thinking that we will now touch again for the third time upper trend Flag line. After that we will again going down to 50 RSI and after that we can expect bounce up and breakout!
Also when u look on Stock RSI, he is oversold, so we can expect that he is preparing for breakout!
ATH is at 13425, and that is past resistance in the same time. I'm expecting that we can breakout that price, and my target will be somewhere under 15000 with around 29% profit.
If u don't wanna be too greedy, u can take ur profit somewhere under resistance (13425), around 13395 with 16% profit.
Good luck!
EOS to $32 before August Hidden Bullish divergence on EOS Goes back to October 9 when it was at $0.4
Went from 0.4 to 3.8 yesterday when I did the analysis and THATS a 850% growth.
Now a divergence indicates that we add the same growth from our $3.8 of yesterday. THAT brings us to at LEAST $32 for EOS !!!! ITS F... HUGE !!!!!!
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New Classification in August for Coin market top 10 coins :
Bitcoin : 192 739 742 846
BCC: 91 365 696 027
ETH : 64 444 363 336
Ripple: 34 474 091 549
EOS: 28 060 898 695
LTC: 19 992 906 946
Stellar: 16 945 359 425
NEO: 5 437 494 400
Like I explained yesterday in a video, I was trying to quickly analyse each of the top ten coins in order to know what the general market cap was going to do...
I ended up with a new classification.
I didn't spend a long time and explanations about how I got to this new one and how I calculate the growth of each coins. I basically used divergences.
I explain a little bit more in this video.
Now, here are the growth I found for the coins :
ETH 465 to 650 -> 39.78% (Before August)
BTC : 7500 to 11 500 -> 53.33 % (Before August)
Ripple .54 to .84 -> 55% (Before August)
NEO : 50 to 80 -> 60% (Before August
Bitcoin cash 250 to 900 => 260% (Before August)
STELLAR 0.030 to 0.17 => 450% (Before august)
EOS : 1.8 to 3.8 => 111% Before July / 0.4 to 3.8 => 850% Before September