EOS minimal targets for 2023
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Possible Targets and explanation idea
➡️Weekly chart without all noise on low timeframes. Fib in Play. We traded in accumulation 0.27 zone. From May 2022
➡️Now touched fundamental price line on weekly.
➡️Next and first minimal target is Take Profit line around 0 level 3.50$
➡️To understand the main trend and market makers you don't need many indicators and lines. It's enough 2 or 3 main.
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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Eosprice
#EOS Accumulates After A 35% Spike, Resistance at Nov Highs Past Performance of EOS
After rising roughly 35% from December lows, EOS prices remain in a consolidation. The uptrend remains, but whether this will continue depends on the breakout direction. Technically, bulls must shake off any attempt to press the coin lower. Any surge above $1.1 may see the coin rally to November highs.
#EOS Technical Analysis
EOS is increasing, per the current formation, consolidating in recent days. Until there is a decisive breakout with above-average volumes, traders may stay on the sidelines. Currently, EOS has support at $1, with the middle BB influencing price action. The January 30 bear bar is conspicuous and wide-ranging, defining the current range. Bulls are in charge in the short term unless there are losses below $1 that may see a sell-off towards $0.92. Bulls must clear $1.2 and November highs to invalidate the bearish formation and allow EOS to expand above the neckline of the W-formation. This will be a major signal for long-term traders targeting H2 2022 highs at around $1.90.
What to Expect from #EOS?
After a march from mid-December, the upside momentum could be fading. A close above this week's highs could rejuvenate buyers expecting another leg up to $1.90 as EOS bottoms up.
Resistance level to watch out for: $1.2
Support level to watch out for: $1
Disclaimer: Opinions expressed are not investment advice. Do your research.
#EOS is up 110% in 8 weeks, Uptrend Capped at $2Past Performance of EOS
EOS is one of the top performing assets as per the formation in the daily chart. As of August 25, the coin is up an impressive 110 percent from 2022 lows. Notably, it is within a bullish breakout formation following gains on August 22. Albeit the encouraging performance of early this week, there are hints of over-valuation, and the subsequent correction of the past few days could unwind progress made.
#EOS Technical Analysis
The coin is up 18 percent in the past trading week but in the red on the last trading day. Technically, EOS remains within a bullish breakout formation after the surge above $1.4 on August 22. At spot rates, EOS prices are within the bullish engulfing bar, and the recent contractions may represent a retest and correction of the August 23 over-valuation. This is because there is a whole bar candlestick above the upper BB, a suggestion of over-extension that is currently being corrected following yesterday's losses. Since the uptrend is defined, traders may look to ramp up on every dip above $1.4, aligning with gains early this week, targeting $2—Q1 2022 lows and later $3 in a bull breakout continuation pattern.
What to Expect from #EOS?
The uptrend is defined, and the coin is within a bullish breakout formation, reading from the formation in the daily chart. Buyers are in control as long as prices are within the August 22 bull bar and above $1.4.
Resistance level to watch out for: $2
Support level to watch out for: $1.4
Disclaimer: Opinions expressed are not investment advice. Do your research.
EOS drops 17% in a Retest, Immediate Resistance at $1.43Past Performance of EOS
EOS contracted on August 4, mirroring the general performance of the crypto market. Currently, EOS is up three percent on the last trading day and firm as per arrangement in the daily chart. The immediate support level lies at $1, and EOS is within a bullish breakout formation.
#EOS Technical Analysis
EOS is down 17 percent from last week's highs, but, as aforementioned, buyers have the upper hand. Even though prices retraced in a retest on August 4, bulls can double down on any attempt lower above the $1 round number with targets at $1.43 in the short term. Still, there is a concern because of the three bar formation from July 30 to August 1, signaling weakness. Conservative traders can wait for a break above $1.43 to target $1.90 or losses below $1 and ride the downtrend to $0.87 in a bear continuation formation.
What to Expect from #EOS?
EOS is bearish from a top-down preview, but prices are solid in the short term and in a bullish breakout formation. A close above last week's highs could lift the coin towards Q1 2022 lows in a retest.
Resistance level to watch out for: $1.43
Support level to watch out for: $1
Disclaimer: Opinions expressed are not investment advice. Do your research.
#EOS Consolidates in a $0.20 Zone, is Down 60% from 2022 PeaksPast Performance of EOS
EOS prices are stable versus the USDT. Buyers still haven't unwound the losses of May 12 as per the EOSUSDT candlestick arrangement in the daily chart. Overall, EOS is within a tight horizontal consolidation with caps at $1.44 and $1.23.
#EOS Technical Analysis
Presently, EOS crypto prices are inside a bear bar of May 12, suggesting weakness from an effort versus results perspective. The failure of bears of early May 2022 to press lower and confirm sharp losses of May 11 and 12 is a net positive for EOS bulls. However, if buyers could build on this slow down to reverse losses of May 11 and 12 above $1.44 and, ideally, $1.75, bulls would have stood a chance. Since the primary trend is bearish, but without convincing confirmation, traders can wait for a close below $1.23 to double down on shorts or $1.44 to cautiously load while targeting $1.75. A break below $1.23 may force the EOS coin back to $1.10, or 2022 lows, in a bear breakout continuation pattern.
What to Expect from #EOS?
EOS is down roughly 60 percent from 2022 highs. A recovering crypto market may steer bulls higher. However, this depends on the rapidity of the bullish breakout above $1.44 to nullify sellers of early May 2022.
Resistance level to watch out for: $1.44
Support level to watch out for: $1.23
Disclaimer: Opinions expressed are not investment advice. Do your research.
EOS Double Nested Inverse Head & ShouldersA possible scenario for EOS. Looks like we are creating an inverse head & shoulders with a target that should complete a right shoulder for a bigger inverse head & shoulders
EOSUSD entry levels LONGEOS hit upper TL, but the price is still close to this TL. We can expect even a break out from the channel and ride back to ATH. I do not recommend BUY now. Just wait if we hold the line and break it higher or wait for a correction to $3.4504.
ENTRY LEVELS LONG:
UP TO $3.7200
$3.4504
$3.2692
EOS - 4h. Buyers do not give up and prepare for the test $3.9.Hard times came on the EOS market on January 10. After breaking the global trend line, buyers tested the mark of $3.9 and were confident that the downward trend was over.
However, the sellers decided otherwise and lowered the price in less than two days by 40% . After such a fall, the EOS market froze for almost 2 weeks.
However, yesterday we saw a good signal . During another attempt by sellers to break the critical range of $2.42-2.5, we saw too low volumes . Compared to January 11, this situation looks like the capitulation of sellers and the transition of initiative in the EOS market to buyers.
Today we saw an aggressive attempt by buyers to form a new local trend . Fixing the EOS price above $2.93 will be the first signal to continue growth with a target of $3.9.
Another good signal was the situation on the EOSBTC chart:
YES we see on the chart a strong downward trend. However, pay attention to the volumes that have finally appeared on the EOS market. In our opinion, a large buyer is actively buying EOS, while the situation allows it to do so at low prices.
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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EOS-4h. Aggressive sales and critical range $2.55-2.75.The situation on the EOS market has changed dramatically.
The positive dynamics of the EOS did not help the price to consolidate outside the global trend line. Buyers lost $3 . This mark was the critical point for reaching the $5 mark .
Thus, the price of EOS returned to the limits of global consolidation and the black channel of growth.
Now sellers are trying to break the range of $2.55-2.75 . After such a sharp drop in increased volumes, we do not expect a sharp rebound in prices. The best scenario for buyers is to continue consolidating in this range for the $3 test. From the nature of the EOS price increase, it will be clear whether to expect the rally to resume with a target of $5.
Weakness of buyers in the range of $2.55-2.75 will again bring the price of EOS to the lower limit of consolidation of $2.31 . The global target is at 1.85.
_________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
EOS-2h. We are waiting for test $2.36.The sharp drop in the price of EOS on December 23 caught buyers by surprise. The $2 test forcibly closed the positions of many margin traders.
However, buyers were able to gather and organize a counterattack. The purpose of our previous idea has fully worked.
Buyers were unable to take advantage of the critical range of $2.62-2.68. As you can see in the chart, a lot of liquidity is concentrated in this range. At the moment, the price of EOS is trading below the critical range .
Therefore, the probability of a new local fall wave with a target of $2.36 is quite high .
Cancel this scenario if the price hits $2.68 and stays above this mark for at least a 4-hour timeframe.
_______________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
EOS-3h. Buyers are preparing a strong counterattack!A very interesting situation has developed in the EOS market. Yesterday's price drop of 30% significantly added aggression to buyers.
The price quickly returned to the critical range of $2.6-2.7 and is trying to continue to grow without correction.
Trading volumes increased significantly . The last time this level of volume was at the end of November 2020.
The fact is that on the chart of the EOSBTC pair , the price reached an all-time low yesterday. Since then, the active redemption of the coin began. Looking at the EOS now, bitcoin is collapsing in March, when after the total collapse the price rose steadily and did not allow for correction.
If the $2.36 re-test takes place , it will be a good chance to buy this coin with a minimum target of $2.77. However, we will additionally make another medium-term EOS idea.
__________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
EOSUSD to see a continued uptrend(1D) | Higher lows observedMarket in last 1 week
EOSUSD saw an uptrend with the price riding the upper band
Price volatility was very high. The market moved ~35.37%, between $3.322 and $2.454
Today’s Trend analysis
EOSUSD expected to see an uptrend as higher lows were observed with Bollinger band expansion and midline acting as support
Price at time of publishing: $3.308
EOS’s market cap: $3.09 Billion
Oscillator indicators are mostly neutral. RSI at 72
Moving average indicators are indicating an uptrend. Ichimoku Cloud is neutral and Hull Moving Average indicating a buying opportunity
Volume indicators observed an increase in value as the price increased while a decrease in volume was observed with a decline in price
Price expected to see an uptrend as higher lows were observed with Bollinger band expansion and midline acting as support. Most of the Oscillator indicators are neutral. MACD line moving above the signal line with histogram size increasing in the positive region, suggesting bullish bias. RSI at 72, in the overbought region indicating a downtrend soon. CCI is around 236, in the overbought region indicating a downtrend. Another interesting point to notice here is that the volume indicators observed an increase in value as the price increased while a decrease in volume was observed with a decline in price indicating a strengthening buying pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
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If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
EOSUSD to see a downtrend(1D) | Shift from buyers to sellersMarket in last 1 week
EOSUSD saw an uptrend with the price touching the upper band
Price volatility was very high. The market moved ~10%, between $2.75 and $2.50
Today’s Trend analysis
EOSUSD expected to see a downtrend as the price after trading inside the bands got rejected from the upper band
Price at time of publishing: $2.73
EOS’s market cap: $2.46 Billion
Oscillator indicators are mostly neutral. RSI at 50
Moving average indicators are mostly neutral. Ichimoku Cloud is neutral and Hull Moving Average indicating a selling opportunity
Volume indicators observed fluctuation in recent candles, with the price decreasing for an increase in volume
Price expected to see a slight uptrend as the price after rising inside the bands started to increase and expected to continue further after breaking the midline. Most of the Oscillator indicators are neutral. MACD line moving above the signal line with histogram size increasing in the positive region, suggesting bullish bias. RSI at 50, in the neutral region close to the midline. CCI is around 31, in the neutral region. Another interesting point to notice here is that the volume indicators observed fluctuation in recent candles, with the price decreasing for an increase in volume indicating a shift from buyers to sellers.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
EOSUSD to see a slight uptrend(1D) | Price to break midline Market in last 1 week
EOSUSD saw a downtrend followed by price consolidation breaking the midline
Price volatility was very high. The market moved ~7.71%, between $2.68 and $2.49
Today’s Trend analysis
EOSUSD expected to see a slight uptrend as the price after rising inside the bands started to increase and expected to continue further after breaking the midline
Price at time of publishing: $2.584
EOS’s market cap: $2.43 Billion
Oscillator indicators are mostly neutral. RSI at 46
Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral and Hull Moving Average indicating a buying opportunity
Volume indicators saw a similar value for blue candles while relatively high values for red candles with the value being less than the 20-candle moving average
Price expected to see a slight uptrend as the price after rising inside the bands started to increase and expected to continue further after breaking the midline. Most of the Oscillator indicators are neutral. MACD line moving above the signal line with histogram size decreasing in the positive region, suggesting bullish bias. RSI at 46, in the neutral region below the midline. CCI is around 0, in the neutral region. Another interesting point to notice here is that the volume indicators saw a similar value for blue candles while relatively high values for red candles suggesting a bearish momentum.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
EOSUSD expected to see an uptrend(1D) | Higher lows observedMarket in last 1 week
EOSUSD saw a slight downtrend with price getting lower band support to consolidate
Price volatility was very high. The market moved ~12.41%, between $2.68 and $2.39
Today’s Trend analysis
EOSUSD expected to see a slight uptrend as the price got support from lower band with higher lows being observed
Price at time of publishing: $2.585
EOS’s market cap: $2.42 Billion
Oscillator indicators are mostly neutral. RSI at 41
Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral and Hull Moving Average indiacting a buying opportunity
Volume indicators saw a similar value for blue candles while relatively high values for red candles with the value being less than 20-candle moving average
Price expected to see a slight uptrend as the price got support from lower band with higher lows being observed. Most of the Oscillator indicators are neutral. MACD line crossed above signal line with the histogram changing its direction from negative to positive, suggesting bullish bias. RSI at 41, in the neutral region below the midline. CCI is around -57, in the neutral region. Another interesting point to notice here is that the volume indicators saw a similar value for blue candles while relatively high values for red candles suggesting a slight strong selling pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
EOSUSD to see a slight uptrend(1D) | Bollinger band squeezeMarket in last 1 week
EOSUSD saw a slight downtrend with the price being below the midline
Price volatility was high. The market moved ~7.75%, between $2.78 and $2.58
Today’s Trend analysis
EOSUSD expected to see a slight uptrend as the price observed a series of lower highs and higher lows, expecting to continue with Bollinger band squeeze taking place
Price at time of publishing: $2.674
EOS’s market cap: $2.51 Billion
Oscillator indicators are mostly neutral. RSI at 40
Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral and Hull Moving Average indiacting a buying opportunity
Volume indicators saw a relatively low value around 270k to 400k with a spike observed for recent low value at 900k with the volume being below the 20-candle moving average
Price expected to see a slight uptrend as the price observed a series of lower highs and higher lows, expecting to continue with Bollinger band squeeze taking place. Most of the Oscillator indicators are neutral. MACD line approaching from below the signal line with histogram size decreasing in the negative region, suggesting bearish bias. RSI at 40, in the neutral region below the midline. CCI is around -78, in the neutral region. Another interesting point to notice here is that the volume indicators saw a relatively low value with a spike observed for recent low value with the volume being below the 20-candle mvoing average indicating bullish momentum.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
EOSUSD expected to see a downtrend(1D) | MACD suggesting bearishMarket in last 1 week
EOSUSD consolidated after getting support from the lower Bollinger band
Price volatility was very high. The market moved ~10.44%, between $2.93 and $2.66
Today’s Trend analysis
EOSUSD expected to see a slight downtrend as the price is trading between the midline and lower band with Bollinger band inclining downwards and lower highs observed
Price at time of publishing: $2.749
EOS’s market cap: $2.59 Billion
Oscillator indicators are mostly neutral. RSI at 42
Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral and Hull Moving Average indiacting a buying opportunity
Volume indicators saw a decrease in recent candles with a spike for a red candle, with the traded volume decreasing from 873k to 169k being below the 20-candle moving average which saw a decrease
Price expected to see a slight downtrend as the price is trading between the midline and lower band with Bollinger band inclining downwards and lower highs observed. Most of the Oscillator indicators are neutral. MACD line approaching from below the signal line with histogram size decreasing in the negative region, suggesting bearish bias. RSI at 42, in the neutral region below the midline. CCI is around -76, in the neutral region. Another interesting point to notice here is that the volume indicators saw a decrease in recent candles with a spike for a red candle indicating a strong selling pressure.
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
EOSUSD to see a slight uptrend(1D) | Trading b/w midline & lowerMarket in last 1 week
EOSUSD saw a downtrend and got support from the lower Bollinger band
Price volatility was very high. The market moved ~42.16%, between $3.55 and $2.5
Today’s Trend analysis
EOSUSD expected to see a slight uptrend as price is trading between the lower band and midline with the lower band acting as support and midline as resistance
Price at time of publishing: $2.925
EOS’s market cap: $2.73 Billion
Oscillator indicators are mostly neutral. RSI at 45
Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral and Hull Moving Average indicating a buying opportunity
Volume indicators saw an increase in the recent candles except for the last one which saw a very low volume indicating a shift to sellers
Price expected to see a slight uptrend as price is trading between the lower band and midline with the lower band acting as support and midline as resistance. Most of the Oscillator indicators are neutral. MACD line approaching from below the signal line with histogram size decreasing in the negative region, suggesting bearish bias. RSI at 45, in the neutral region below the midline. CCI is around -90, in the neutral region pulled up from the oversold region. Another interesting point to notice here is that the volume saw an increase in the recent candles except the last one which saw a very low volume indicating a shift to sellers.
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles.
DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex