EOS kickin ass & chewin bubble gum...and it’s all out of gum!
Published on mobile -- edited on web client sorry if chart came out distorted; check comment for re-posted intended/accurate chart
Green lines represent TP 1-3
Blue line is S2/Pivot
Timeframe: Short-Mid
Volatility: high asf
Risk/Reward: 45/55
Disclaimer
Note: This is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP, SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form.
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Eosshort
EOS ANALYSIS: SHORT DOWN TO TRIPLE BOTTOMEOS ANALYSIS:
EOS is facing major resistance at the 200MA after being rejection on a breakout and laying just underneath. The volume is dragging behind in a major way and bulls dont seem to want any action at the current price. ATR is nearing lows, but RSI remains at neutral state. Very likely EOS moves to the downward side pushing to T1 at 3625 sats, followed by T2 at 3508 sats. For those who dont want to short, look to place long bids inside the temporary support under 3500 sats. Stagger bids down to the low hanging wicks of 3250 sats. Bounce should occur upon the triple bottom inside this range.
Possible Short Entries: 3725-3800 sats
EOS to $4.82 or $4.32 ? EOSUSD Critical point!hello again and welcome back for another technical analysis on EOS Lower time frames.
if EOS closes below $4.48 on a 1 hour candle, I will be looking for continuation to 4.32 and if the current level of support holds my target to the upside is $4.82
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Not a Financial Advice
EOS grand reversalFirst of all take a look at week timeframe chart. It is very promising.
But what it tells as well is that it is just consolidation channel, so price may swing up and down for some more time. Given buy/long zones are for bullish scenario, where price don't move to the bottom of consolidation channel and slowly start to grow from here.
Targets for breakout are 4380 - 4900 - 5200
#EOS Price Update As we can see, the price has breakdown through the ascending support of the triangle with the flat resistance , which means that the up-trend was broken and now is forming a horizontal channel .
The point from where we can start looking for any reversal pattern is located at the 0.0003060 level, until this level we can consider opening SHORT , but remember not to enter short here if you LONG $BTC, cause the correlation between these two assets is 93% .
Short on EOSShort Taken at around mid to low $6 on Daily
Reasons:
Price closed below baseline.
Lead indicator crossed zero line.
Volume confirmed the short.
Support broken & acting as new resistance.
Order details:
Risk at 1% of portfolio current value.
2:1 RRR at TP 3
Any questions in regards system I am using to place trades please refer to CrackingCrypto channel in youtube, tradingview or website.
EOS Project 2019, Phase 01, Edition 02, breakout soonMany indicators tell the story.
Observations:
Pattern forming a bull flag under the fib. circle or resistance line with HHs and LHs
RSI upwards trend
Momentum upward trend
Volume reducing\squeeze happening
BTC dominance dropping still, however a concern, soon to reverse. Don't know how this will effect EOS.
MA's acting as support
3 Charts to support upward outbreak, Target $9.1
EOS from 2018 till today Overview
EOS/BTC pairing
BTC Dominance
EOS Project 2019, Phase 01, Edition 01, Buy zonesJust an observation on EOS performance and key markers.
What surprised me looking back and now at EOS, is its overall performance in price and pattern, is significantly positive. It is also very symmetrical and continues to be so.
The other is its gains over BTC (refer to the chart approx. 190% gain over USD and 80% gain over BTC at its peak)
Moving forward in this bull trend, it makes sense to buy EOS and BTC at certain times. Refer to the EOS\BTC pairing chart.
I don't have the time to make to much commentary, so to summaries what I see:
1) In a channel as per diagram and is now consolidating, downwards.
2) We has hit its highest point (end of wave 5) refer to previous post results)
3) Its going down as like BTC, as it consolidates to the GREEN box, Buy Zone.
4) The fib circles are still playing their part nicely. Orange ring the support ring.
5) The red line is the 200 Daily EMA and is heading upwards towards the green zone, on the way confirming if its a good level to buy.
20 EMA on the daily is still acting support.
6) BTC dominance is to still drop more. If one times it well, with the EOS/BTC pairing chart and the BTC dominance chart
in conjunction with the EOS Chart, one can maximize their holdings. Not easy to do.
7) EOS has a little more to drop against BTC before it hits the support line for a reversal. Need to keep an eye on this, going long.
8) RSI on the daily > 55% and dropping, indicating by form, to the down side.
9) MACD on the daily > indicating to the down side.
10) Daily volume average > dropping
EOS/BTC pairing chart: Self explanatory.
BTC dominance chart:
CME BTC chart: The theory goes, that the gaps have to be filled and hence the theory, BTC will drop in price to fill the gaps (red circle to how much it needs to drop)
Posts like this, even make it better:
twitter.com
Previous EOS posting:
EOS - SHORTEOS 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.
EOS shortif you are willing to take a risk on countertrend trending, i guess this could be a interesting reversal setup to scalp
#EOS Short - 6760
TP: 6610
SL: 6910
Short Eosusd 12.12.2018In the previous idea, we denoted the output of the eosusd price from the graphic model "flag". The correction continued and it is possible to rebuild into a larger model. Like last time, we should expect a candle fixing beyond the borders and dial a short sale. Also, in a more risky version, it is worth selling from the upper border of the flag with a stop loss beyond the level of 2.65. After the price has returned to the level of 1.8, stop loss should be moved to level 2.35.
EOSZ18 Game Plan Short then Long it.Hello traders, Just look at the chart, nothing to explain here, simple view lets see does it play like we want to
Waiting for EOS bottom - price for the bounceWhat is the price for that hard drop to be followed by a bounce?
I'm posting up the price range from a historical perspective and recent support lines.
Observations:
BTC - downward trend but the weekly charts show since August we have had higher lows and lower highs, showing sideways movement with no clear direction.
EOS like NEO is move alike as per BTC, not necessary the same %
Entry ranges from 4.2 to 4.8 depending how much BTC drops and the rate of its drop.
4.2 to 4.6 seems to be the very bottom
Like BTC, EOS Weekly shows we have higher lows and lower highs, then its likely the bottom is more higher than previous times indicating around 4.7447
Good luck
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