EOS is remaining in heavy resistance daily MA 200 with the previous support which is now our resistance + fib 61,80%. Besides that, market is also overbought on the daily + bearish divergence on the H4. This could be wave 5. If so, then we are going to correction phase. Target marked on the chart.
Technical analysis: . EOS/DOLLAR 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 47. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (2.2000 to 1.5500). if so, traders can set orders based on Price Action...
EOS Local uptrend , near the support zone, have target zone with Fibo-levels.
Technical analysis: . EOS/Dollar is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 47. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (2.1200 to 1.5500). if so, traders can set orders based on Price Action...
Broken key level, short-term resistance level, going to the resistance line, and MA500 on 30m chart. Short formation, bearish div on RSI.
EOS is currently in a similar triangle as prior to the bull run to $23. This triangle ends around October 28/29. Would be interesting to see how it will develop from there onward. Stochastic RSI and MACD don't really look bullish on both daily and weekly timeframe. Anyway, watch for a breakout either way!
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...
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...
Now we are in a very dangerous area that must break through the first resistance to catch a breath so what you think ?
Technical analysis: . EOS/DOLLAR 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 37. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is still a possibility of...
Technical analysis: . EOS/DOLLAR 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 37. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is still a possibility of...
Technical analysis: . EOS/DOLLAR is in a range bound and the resumption of an uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 36. Trading suggestion: . Price is in the resistance zone (6.95 to 5.84), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term...
Technical analysis: . EOS/DOLLAR is in a range bound and the resumption of an uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 36. Trading suggestion: . Price is in the resistance zone (6.95 to 5.84), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term...
Technical analysis: . EOS/DOLLAR is in a range bound and the resumption of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 47. . The price downtrend in the daily chart is broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . If you missed our first HUNT, you...
Technical analysis: . EOS/DOLLAR is in a range bound and the resumption of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 47. . The price downtrend in the daily chart is broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . If you missed our first HUNT, you...