SDT or BTC (Y20.P3.E1).Potential big opportunityHi All,
Yesterday I was fortunate enough to enter this trade by a youtube tip off by Bitcoin-Fund-Manager.
I looked at it, worked out it was EOS and entered because it was justified.
Having done that, and a free time, I thought I better put this out there.
OBSERVATIONS:
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> Large downward trend within a large downward wedge, looking for the bottom;
> 5 min chart shows parabolic dimensions;
> A few key resistance levels at the macro level;
> We know the project has huge potential;
THOUGHTS:
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Looks similar to BTC trying to make that major break
EOS looks good for up to 100x or more
However there are a few obstacles for it to go up further. But it really depends on your strategy and what your focus is on
I'm going long on EOS but not a large investment, because of the layers of resistance.
But if there is change, this small investment might just work out good.
Please don't forget to give me like or tick for this post
All the best.
S.Sari
5 min. chart
Macro overview:
Daily chart
Weekly chart:
Observe historical resistance trend line with major target of $5 or 34%
Eoslong
EOSUSD:Analysis using Ichimoku 30/07/2020H4
On D1, the cloud is directing upward, indicating an uptrend. Also, it is worth noting that the price has grown beyond the border of the Triangle Correction Model. At the level of $ 3.3 is the 61.8% Fibonacci level.
Conclusion:
In general, the trend is upward. We recommend considering buying on H4 when the RSI H4 reaches the oversold level.
H1
At H4, the cloud is directing upward, indicating an uptrend. RSI H1 is near the oversold level.
Conclusion:
We recommend buying EOS on H1 nowl.
EOS Leverage LongSince the Black Thursday event in March EOS has been in the $2.25 - $2.85 range, coiling up for an impulsive move.
We just broke the resistance of $2.85, the next area of confluence looks to be around $3.50.
On the daily chart, EOS is looking to swing up to the May 2019 downtrend.
It can be possible EOS can break the downtrend, but I’m just looking to get up to the high confluence area with the upcoming resistances.
Since I entered this trade at $2.86 yesterday, EOS has gone up 5%, so I am going to move my stop loss to my entry to make this a free trade!
Target is $3.50, remember not to use more than 5x leverage.
EOS/USDT: Bullish Breakout Analysis 1D (Jul. 29)X Force Global Analysis:
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In this post, we analyze EOS' daily chart for its Tether (USDT) pair, assessing its bullish probabilities.
Analysis
- EOS has broken out of a descending wedge pattern
- After weeks of consolidation, it looks to create new highs for this year
- Using the length of the pole leading up to the consolidation, we could expect this breakout to lead a rally to the 1.618 Fibonacci retracement resistance
What We Believe
The daily setup looks extremely bullish for EOS, as confirmation has been provided from a breakout, leading prices to new highs through bullish rallies.
Let us know what you think in the comment section below
Trade Safe.
EOSUSD: Analysis using Ichimoku 22/07/2020H4
On D1, the cloud is directing upward, indicating an uptrend. You can visually see how the triangle price correction model is forming.
Conclusion:
We recommend selling from the upper line of the triangle pattern when the RSI reaches the overbought level again.
Also, we recommend to close sell and open buy when the price reaches the level of 2.5, and the RSI reaches the oversold level.
H1
At H4, the cloud is directing upward, indicating an uptrend. But, a divergence has formed between the RSI and the price, indicating an imminent change in price movement.
Conclusion:
We recommend selling when the RSI H1 reaches the overbought level, and we also recommend looking at the H4 chart to plan a trade.
In the medium term, we should expect the price to rise to the level of 3.5, possibly higher.
EOSBTC - Expect some profitson 4H Timeframe we are seeing an hidden bullish divergence and price is well supported by MA200. we can expect some profits from this pair, while all other alts have pumped. EOS still lag behind and this might be the chance.
before taking this trade, DYOR and use SL, we are seeing some unusual moves from Bitcoin.
Bear Trap on important support level for EOS.Hello, Traders.
Eos seems to be forming a bullish pivot after a beartrap on the important support level, and also the price broke the long term resistance line, so we got a lot of bullish indications.
Target is the next important resistance level.
Push the like button and follow us on tradingview.
EOSUSDT Bearish Channel Breakout - Short Term UpsideEOSUSDT Perpetual Contract recently broke through its bearish channel with recent spikes in volumes. Upper band of channel will serve as a support for further bullish consolidation above USDT 2.50. If confirmed, we will retest 2.6 and 2.8 resistance areas.
Strategy: small LONG Position in 2.40-2.45 area.
TP every USDT0.5 of gain. Close at 2.80-2.85
Leverage: 10-25x
EOS/M20 & EOS/BTC Finding support on weekly Support 1?EOS is at S1 now and seems to be finding support. If it bounces from here, look for a test of the bottom of the cloud and then the pivot.
Supported by a slight bullish divergence on the RSI and signs that it's oversold.
The benefit of trading it through an M20 BitMEX derivative Contract is that you can use leverage and increase your risk/reward quite a bit, with the stop loss just under the S1 the risk is low.
If you don't feel comfortable with leverage, you could also do a spot trade on the normal EOS/BTC pair as the charts are the same.
Be careful leverage trading is risky so manage your position sizing accordingly!
If you like my ideas and the work I do, please check out the links in the signature and give me a like ;).
👍 Looking Magnificent. (EOS)😯 Seeing a pattern with all of the altcoins. Eos is showing potential massive bull pennant. Almost similar to the trx pattern I spotted.
We are on a longterm horizontal support level. Wouldn't be a bad idea to start looking to accumulate and use support as an exit if reverse down. I have not anal0the smaller timeframe, you will want to play next push up on lower timeframe.
The major key of a bullrun will be when the pattern breaks the upward Resistance.
Crossover strategy is compressing and the ema dots look at they want to shoot green.
Best of luck, 🎲🎲
🥇MLT | MAJOR LEAGUE TRADER
👍🏻 EOS/DOLLAR on a MIDterm😉Hello, friends! I present to you the opportunity to buy EOS for an MID term😉
Today I'll try to be the most useful to you!💋
I will pick up more coins, support my enthusiasm with likes!👍🏻
Write comments, which coins are interest to you, I'll choose several today and publish them during the day.
Stay with me💋
Your Rocket Bomb🚀💣
EOS.IO ($EOS) ♢ | Does Block.one Have The Bears Under Control?1️⃣ Despite a lawsuit against Block.one for EOS token sales, EOSUSDT and EOSBTC charts are both showing strength. While the broader market is consolidating, the trend of the general market is still bullish. Given the trend of EOS and crypto as a whole, it makes sense to map out some support levels to try to get a long position in this range.
Support:
First up we have the S1 bullish S/R flip and orderblock cluster. We expect price to find support here in the short term. S1 should make a good entry for a retest of the previous range. If S1 doesn't hold, the S2 cluster and trend line should work to hold up the price, although this does create more potential for continuation to the downside. With that said, we don't see S2 being breached unless we see a correction in the broader market (unless perhaps that lawsuit news ramps up; see the link below).
Resistance:
First up, we have the local resistance at the bottom of the previous range where we expect to find rejection. Next, we have R1 which could act as a target for any trades taken at S1 or S2. Above that we have the R2 and R3 orderblocks which are both notable levels to look for reactions if price continues the uptrend.
Summary:
EOS is in an uptrend and so is the broader market, so the goal here is to look for support levels for potential long entries despite us likely being in a consolidation range for the time being (much like the broader market). While we aren't taking a long position here ourselves due to the lack of momentum present in the current chart, these levels are all noteworthy for the EOS bulls.
Resources: www.globenewswire.com
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