Eoslong
EOS ANALYSIS: LONG OPPORTUNITY PRESENTEOS ANALYSIS:
EOS has been trending in a downward channel since breaking down from recent highs. The RSI is breaking down into an oversold territory as it flats out upon each drop showing signs of life of buyers coming back into play. There is an expected bounce coming in and long opportunity from the zone of 3300-3400 sats. This support has held very strongly in the past. Take profit targets are lasted at T1 of 3590 sats, T2 at 3720 sats, and T3 at 3848 sats. Major MAs are coming down, and could possible break back below 200MA. Therefore, take profit by T3 as it is the major line of resistance now.
Possible Entries: 3300-3400 sats
EOS H&S IdeaEOS can be seen to be showing some bearish movement, following the formation of a H&S pattern, this comes after a inverse H&S also formed. This can be seen to also be occurring on the BTCUSD pair. The alligator can be seen to be eating bearishly and green line will most likely be rejected at the pink line, while more bearish action takes place. A return to a previous resistance turned support is likely. Bear flag also present! Don't wait for lower prices, go long in a market like this. Very unpredictable. For margin, leverage traders.
EOSIO - $EOS - Activated TOTHEMOON.exe And RELOAD BOSTER.exe $EOS crashed 35% since after a cycle high.
Ideally, it needs more time but we found support at the 50% fib of (iii) Meaning this can easily be an (iv) subwave finished. If true, this means that we'll see a swing higher over time. Taking out the current $5.5 cycle high.
And there she goes.
Let it play out...
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I am not Bearish long term. I am a Bull of Bulls.
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EOS ANALYSIS (JUMP BACK TO DOUBLE TOP INCOMING)EOS ANALYSIS:
EOS invalidated temporary support after breaking down from 5200+ sats. A quick scam quick down to 200MA was eaten up by bulls, showing strength in the coming bull run. I expect a further rise from here and a breakout from the wedge. Look for T1 at 4350 sats, T2 at 4510 sats, T3 at 4840 sats, and lastly 5100 sats. T4 will peak off at a double top, I would recommend to move stop loss up in this case due to possible chance we break thru to new highs. A break of the 100MA at T1 is highly expected . Volume should jump back in as buyers eat up the sell walls on the way back to daily resistance block.
Possible Entries: 4245 sats
EOS/H20 Bullish!
EOS showing some loss momentum Let's wait until dropping back to our support area between 5028-4920 sats this area is a good place
to Buy but unconfirmed yet wait how EOS will react to our support trend-line if the price can manage to hold our Trend-line support
potential next wave bull rally is coming potential target for LONG entry up to 5222-5382 sats.
EOS Ascending ScallopAscending Scallop formation, big buy signal if this continues and forms a handle, this is based off an expected rejection at EMA level. A golden cross on this daily chart can also be observed. Ascending scallops perform better in bear markets. Short term bullish continuation expected.
EOS about go go?!!?EOS Token looking very nice for a potential buy! On the weekly and daily we are seeing potential cup and handle patterns forming and we could see great gains from these moves! Many of the other top altcoins have gone up more than 30% over the last few days/ weeks EOS has moved a measily 11% in the last 7 days, this is nice but nothing compared to what we could see! The first target we have here would be around 0.00056 and after that we could be looking at 0.00076.
A lot of indicators pointing at buys, we could see a small pullback from where we are here to around 0.00045-46 but even now you could start putting long positions if you are prepared to wait!
Looking at the history of this coin we see that it has performed multiple long term cup and handle patterns in the past all of which had great potential returns.