EOSUSD
EOSUSD is on bearish momentum! | 10th Feb 2022Prices are on bearish momentum and abiding to our descending trendline support. We see the potential for a dip from our sell entry at 2.71 which is a graphical overlap and in line with 38.2% Fibonacci retracement towards our Take Profit at 2.42 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci retracement. RSI are close to levels where dips previously occurred, further supporting our bearish bias.
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Simple but smartHi guys
The resistor is broken and is pulverizing. A relatively precise triangle is also formed. Due to the bitcoin resistance, the profit margin will be analyzed in the update
What do you think?
If you have any questions, I will be happy to answer
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Do not pay attention to shadows
This analysis (to determine profit margins) is updated here 🔄
This analysis is a personal analysis and not a buy and sell signal, so it is the responsibility of the person to buy or sell
Also, if you have a suggestion or criticism, we will be happy to hear it
Look at our past analysis to trust us
EOS heading up soonEOS is not at a very strong support zone, the zone has rejected EOS more than 5 times in the past, which is a bullish indicator for EOS to bounce now and move up, almost ready.
EOS Getting Close to Bottoming... But Black Hole Lurks Below!EOS (EOSUSD) has now pulled back below its 2.33-support invalidating the GREEN pattern. Our now-primary RED pattern sees EOS going a bit lower before potentially seeing a violent reversal upwards!
PRIMARY RED Pattern:
This sees the correction that started in September of 2021 as a large ending diagonal C-wave completing the larger-degree 2nd wave pullback that started after our May 2021 peak. Due to the depth of the correction, I see EOS has being in a 2nd wave instead a more shallow 4th wave.
I expect EOS to bottom around 1.71-2.14 as depicted by the purple target box in my chart. However, we really should NOT see anything much lower than 1.71 as a key support resides below at 1.28. This 1.28-low was the March 2020 low that started the entire rally from March 2020 to May 2021. If that breaks, this puts any bullish upward action in EOS in jeopardy!!
While other altcoins are also getting dangerously close to this point, Bitcoin and Ethereum are not. However, BTC and ETH also have a lot more downside potential as their pullback structures don't look as complete. The danger comes from sentiment continuing to pull down EOS as BTC and ETH complete their pullbacks. Keep on your toes!
BUY Opportunity:
Once EOS enters the purple box, I would like to see a clear 5-wave impulse rally upwards. If I see anything like that, I am a buyer! Because we are completing a larger-degree Wave 2 in EOS, I expect insane returns as we enter Wave 3 for EOS! In addition, ending diagonals are often followed by SHARP REVERSALS!
Check out my video explainer on YouTube!
I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels.
#eosio #eos #blockchain #venezuelablockchain #eosvenezuela
EOS BREWING wow, look at that tiny tiny tiny price range EOSBTC has been doing since hitting its low early decemeber.
we all know, the long and tinier the range, the bigger the next impulse.
since we have what it looks like finished wave 5 of C in early dec and have had that first little bump thereafter which may have been our wave 1 of 1 of 3, we might be now finishing wave 2 any time soon.
next would be wave 3 of 1 of 3 , so please hold my beer, we might rock real hard soon
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No financial advice, do your own research, don't be stupid
EOS (EOS) - January 18Hello?
Welcome, traders.
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(EOSUSD 1W Chart)
(All: )
If it declines from the 2.8250 point, it is likely to enter the mid- to long-term investment zone, so you need to trade cautiously.
It must rise above the 4.0849 point to turn into an uptrend.
However, to accelerate the uptrend, it needs to break out of all downtrend lines.
It is necessary to check whether it can ascend in the volume profile section formed over the section 2.8250-6.4053.
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(EOSBTC 1W chart)
(All: )
I think we are entering the mid- to long-term investment zone, with a decline from the 0.0000 856 point.
It must rise above the 0.0000 856 point to turn into an uptrend.
To continue the uptrend, it must move above the 0.0001 470 point.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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EOSUSDT Analysis : respectful support trend lineHi guys. Gonna Analyse EOSUSDT
We got a very respectful Trend Support 1 Major (TS1 Line) over 10 touches and bounces
and also a good mid line (minor trend MT Line )
Scenario 1:
market is bullish right now so we can see a retest to previous minor S/R Lines and Strike to TS2 Line (Major Res line) and see how it react ... Break? or fail?
Scenario 2:
also market is bullish right now we can see the Striking aaaaand return to 2.65 support line .
Can I know your idea ? happy to listen :)
Cryptos under pressure showing good some short setupsLooking at the lower timeframe 30min charts, a lot of short setups are lining up into my favoured cryptocurrencies. Momentum is rolling over and price is set to squeeze out some recent buyers to move lower. Watch the video for my reasoning behind the short setups and how I am looking to attack the price action.
Thanks for watching and please take some time to check out the website in my profile.
EOS is Going to become Bullish Soon!Hi every one
EOS / TETHERUS
EOS has done a Massive Bearish Movement But There are Signs of a Incoming Bullish Movement Soon. EOS Is in a Falling Wedge Pattern Right Now. The Price will do a Break out Soon and Increase To The Top of The wedge Pretty Easily. The Target & The Resistance Is Drawn on The Picture. There is also a Regular Bullish Divergence (+RD) on MACD as well which Strengthen our Prediction for EOS to be Bullish.
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
EOS short-term and mid-term analysisEOS is one of those the old-school coins (from 2018) that hasn´t done much.
We expect EOS like many other coins such as XLM , XRP , BCH to do well in 2022. Don´t sleep on EOS . Once it moves, it moves fast.
Targets like in the chart.
Visiting strong buy zone (green box) is still highly probable as we expect BTC to drop in a short-term . However, if we hold, we expect an uptrend.
Feel free to drop a comment if you appreciate this analysis
No financial advice
EOS, let the waiting game beginsEOS/USDT is still maintaining its support level on the weekly fib channel, also it is printing a potential Wolfe wave scenario. It have been consolidating for over 3 years period. and a lot is happening with the EOS community right now. I think EOS is wise pick for those who seek high reward and low risk.
my Targets would be the wolfe line and the fib extension 1.618
EOS $~90 Realistically Still In PlayEOS is one of my favorite alts, besides XRP and DASH. It has great price history, and it did perform exceptionally well in 2017/18. It is still listed on the biggest exchanges and so therefore i still believe that this market cycle will have its turn to shine.
If we extend fib. extensions over previous bull run, where level 1 is sitting at ATH, it just so happens that level 0.236 sits on top of the rally prior to capitulation. This further confirms that levels could be respected and price to eventually reach $90, maybe a bit more but not by much.
You can also see that if we overlay the first 2017/18 rally from the recent bottom you can see that if we did something similar in length now, we would get to near $90. That is even further conformation for me for that target.
I am not a financial advisor so non of this should be taken as a financial advise. Be well
BITFINEX:EOSUSD
EOSUSD | Watch For Buy Opportunities EOSUSD formed two sets of higher lows on the price chart. Watch for buy signals on the way up.