EOS + 50%The coin approached the accumulation level that occurred between April 2020 - January 2021, entering the boundaries indicated on the charts is the least risky trade with good move potential.
Eostether
#EOS/USDT (July 03)EOS took us lots of time for going sideways and look like it will start to move up in this July.
It will hit these targets soon : 2.7$ - 3$ - 3.4$ - 4$
It will lose its momentum if drops below 2$
New EOS Uptrend?EOS breaking out of the short term downtrend/pitchfork and beginning to make a new uptrend. RSI should begin to show new green candles soon as it has reset/bottomed across the 1-3d charts. The Commodity Channel Index should lead the way and show an earlier but more risky entry.
EOS/USD Those born to fly - will never crawl
Greetings from Benice team!
The picture on the chart shows us a possible double-bottom reversal pattern on the whole market. It seems that the time for a correction has come. EOS starts into testing the correction levels, following Bitcoin. By the way, the token has a very good potential for the long run.
Let's say a couple of words about the token:
The performance of EOS will strongly influence the price in the future. Mechanisms for switching Ethereum tokens to the EOS blockchain are being developed. Switching to the EOS blockchain will allow organizing projects in a more efficient way, which will affect both the cost of these tokens and the cost of EOS itself.
The short-term technical picture has the following form: the first bounce reached its target according to the Fork pattern. The next correction target can be 3.51, the level of 23.6% movement according to the Fibonacci Sequence, and 3.61 following the Fork pattern.
We would recommend entering at 3.26. Its breakout will launch the token towards the above-indicated targets.
Currently, the token costs 3.122. You can try it at the current level, but do not forget about a stop order.
We think that It is reasonable to place it at 3.08.
If your strategy does not involve placing a stop order, we would advise you to use an averaging strategy and to enter a transaction on a bounce if there is a decline all the way to the next consolidation. This strategy is appropriate under the current conditions because the overall market drop has reached more than 80%.
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