Eosbtclong
$EOS $EOSUSD entry PTs 3.50-4.25 PT 9-13EOS is the native cryptocurrency for the EOS.IO blockchain platform with smart contract capabilities. The company Block.one created EOS.IO in September 2017 and it now has over 100 dapps with thousands of daily active users. It enables decentralized apps, or dapps, to be created by software developers. The platform is more scalable than many other blockchain networks, with the ability to process one million transactions per second without any fees. Its dapp development capability makes EOS similar to Ethereum with the notable distinction that transaction confirmations are done through a different type of consensus system. Block producers are chosen by the EOS ecosystem through a voting mechanism known as delegated-proof-of-stake (DPoS). In order to vote, users must stake tokens for three days without selling them, putting them at risk of losing money should the price of the token drop during that time. There is no maximum supply limit of EOS tokens. The delegated proof-of-stake model uses inflation, capped at 5% annually, to fund transactions and pay block users.
EOS/BTC - The sleeping giant awakesEOS/BTC chart has just produced two green dots at the bottom signaling strong upward momentum on a weekly timeframe. Every time these dots have appeared the price action has produced astounding results. Also, EOS/BTC just conquered the 21 week EMA. If we manage to close the week above 0.0001134 this will confirm our first signal.
This coin shouldn't be slept on!!!
*not financial advice*
Ultra Chad Hoskinson giving out free lunch this weekI dont have enough time to explain. You look at these charts all day and paralyze yourself with fear and uncertainty. I needed a plunger to unclog my nose after XTZ quick flip. The secret is to think less and just do. Number go up. Bless you Charles
EOS/BTC ForecastEOS, the coin which has been in a BTC downtrend for months upon months, now looks to be forming a healthy bottom with MASSIVE volumes.
In my opinion this is a good spot hold for the incoming year or two! Great opportunity to increase your BTC stash for the coming years!
/!\ DISCLAIMER: ALWAYS DYOR, NOT FINANCIAL ADVICE /!\
EOS confirming Bullish divergence on Daily 🚀EOS is confirming bullish divergence on the daily chart and this can mean a massive reversal is about to take place. We will definitely be looking at entering some trades on EOS soon.
We would like to see how it reacts to this resistance level up ahead and if it can overcome it. If it does this is where we will look for entries.
EOS ready for breakoutEOS is forming ascending triangle and ready for a breakout. EOS BTC pair is strong and slowly heating up. Alts are pumping hard and EOS is not much pumped yet. We expect a good rally in EOS soon. If you already have EOS hold with trailing stop loss and if looking for a new entry, enter after the breakout. The major resistance zone for EOSBTC is 970-985.
Massive profit potential trade (EOSBTC)EOS/BTC
We are setting a momentum long order for EOS. It has tested this resistance again and every time it tests this it will get weaker. Our Order is placed so that if EOS wicks up it shouldn't wick is into the order and trade lower although this is still a possibility.
Pros for this trade:
EOS is at a very low price and we are attempting a trend reversal trade by catching it here and riding it up as long as possible.
Cons for this trade:
EOS can wick us in and get rejected by this area once again.
This is what our trade will look like.
Risk Rating: 9/10
LONG 10x
Entry: 980 sats
Stop Loss: 950 sats (-31%)
Target 1: 1009 sats (+21%)
NOTES:
We are trying to trade a reversal on EOS as it can start a major new uptrend at any given time now. We will de-risk our position when we see the opportunity to do so but we also don't want to get stopped out to soon or take profits too soon. Use a small amount of position sizing so that your risk is already lowered that way.
Line Colour Code:
Y: Entry Prices
G: Target 1
R: Stop Loss
EOS/BTC wave 5 endingEOS/btc is hitting the 1.618 fib extension.
It is very likely to bounce heavily at this point.
If that was the case, then the wave 5 would be finally completed, and EOS could start a bullish cycle.
The falling wedge pattern is of extreme quality, one rarely sees such a precise pattern.
This is just an idea, for educational purpose
Sucker punch for the bearsBears have really been trying to blow out this bullish channel but the support trend seems to be nice place for bear traps.
ADL is indicating that the bears are losing strength along with MACD forming nicely alongside CRSI being oversold ,which means EOS as a whole may be coming to the end of its overall decline.
rally volume and momentum is still very strong with large accumulation phases increasing the potential of upcoming volatility for the bull.
Price prediciton 3.0 by October 22nd
EOS/USD is in a HUGE BULLISH FALLING WEDGE! BIG GAINS COMING!EOS/USD is in a HUGE BULLISH FALLING WEDGE! BIG GAINS COMING!
This is a very large falling wedge, very bullish.
Even more bullish is that the price action is retesting the upper trend line of the wedge.
Hold for a few weeks, may need to stomach large dips..
BIG GAINS COMING!!
Trade safe my friends...
BITFINEX:EOSUSD