Play the Channel for nice Scalping! EOSUSD to RISE!Assuming this channel holds, there are some nice scalps to be had a long the way. As long as we don't break, I will play the incoming long and add to my position on retracements. I expect a fairly sleepy weekend until we break above the 312 hour EMA and then rebound off of it to exit the channel.
EOSUSD
Bearish on EOS EOSUSDCan we remember the last time this one was properly bullish?
Fibonacci goals is in green, cancellation/setup rejection is in red. This is not some kind of financial advice for your portfolios, so do your own research and make your own decisions about your trading or investment related moves.
Updated EOS Daily - Revisit the 240 day EMA; then longI'm in a small short back down to the 240 day EMA, but will enter long there and add to the position on the trendline touch (both of them if it happens) and then a final entry at the 480 day EMA if we reach it. Stop loss below the 480 day EMA.
OBV gave a heads up on the price down, or supports the idea at least.
(Update) there is still room for bears before a bullish movementHi every one
EOS / TETHERUS
in the last analysis we talked about a Descending triangle which the price managed to break it. now we can see a falling wedge which is a bullish pattern but there is still room for bears because there is a Hidden bearish Divergence (-HD) on RSI indicator which means there is a chance that the price would fall before a strong bullish movement! there are resistances at 6.5 and 7.5$ for EOS.
Previous Analysis:
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
EOS - 6h. Buyers Prepare for Local Growth with a Target of $6.8We noticed that many are interested in the good old EOS. Relatively recently, we made a global idea for this coin:
Today we are going to make a small update and share our thoughts in the short term.
As we can see in the chart, buyers failed to build a strong wave of growth after the fatal fall in the price of EOS from May 19 to 23.
The trading volumes during the local upward wave were about the same as during the downward wave. Of course, these volumes are not enough to confidently state that a new wave of growth has begun on the EOS market. If we pay attention to the trading volumes on May 5 and compare with the current ones, it becomes clear why.
However, the comforting news is that the current price drop looks rather sluggish and takes place at low volumes. Buyers found a good spot for defense in the local range of $4.8-5. In addition, the trend line is in this range, which buyers confidently hold from December 23.
Therefore, if the weekend is calm and we do not see the growth of aggression from the sellers, we will expect a local reversal of the market and a test of the mark of $6.65. We are not looking higher for now, as we believe that the price of EOSUSDT will continue to consolidate in a wider triangle.
If we look at the daily timeframe , we see that the EOS price is now at a critical point:
The chart shows that the range of $4.45-4.78 holds the price perfectly for 3 years. The loss of this range has always meant the continuation of a powerful downward trend. At the moment, the price is above this range. The main task of buyers is to maintain this range for the next week. This achievement of buyers will allow starting the formation of a consolidation triangle above this range and will increase the chances of a price shot up already to the level of $8-8.6.
A similar critical situation can be seen on the EOSBTC chart:
At the moment, sellers manage to push the price down without much effort. However, in the current price range, we expect to see a struggle. Having lost the range of 1288-1452 satoshi, the EOS market has every chance of falling by another 30-40%.
Therefore, you should take your time this weekend and carefully monitor the market sentiment. The next week may be decisive in the medium term.
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EOS bearish movement to 4$!Hi every one
EOS / TETHERUS
EOS/USDT was in a descending triangle but now this pattern has been broken downward so we expect a bearish movement as much as the measured price movement (AB=CD).there is a strong support for EOS at 4$ which was the point where the price started to Increase from the last dump!
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 (EOS) - June 7Hello?
Welcome, traders.
By "following", you can always get new information quickly.
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Have a good day.
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(EOSUSD 1W Chart)
After a long consolidation period, it moved higher than the 6.4053 point.
A consolidation above the 6.4053 point is expected to trigger an uptrend to create a new wave.
(1D chart)
We'll have to wait and see if we can climb to the 6.2573-6.8172 section.
If it falls from the point of 5.1376, a Stop Loss is required to preserve profit and loss.
However, it can touch the 4.7538 point and move upwards, so trade cautiously.
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(EOSBTC 1W chart)
It should move above the 0.0002840 point for support to continue the larger uptrend.
(1D chart)
It remains to be seen if the 0.0001574-0.0001690 zone can find support and move up.
If it falls from the 0.0001343 point, Stop Loss is required to preserve profit and loss.
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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 it is in an uptrend or in a downtrend, 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 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 the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** 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.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
EOS could to turn to bullish movement to $15 USDLooking the Daily timeframe, EOS it's look bullish. But if you see, there's a fast up movement that EOS make rejection below of $5.60 USD approximately. EOS continue in this bullish channel since December 2020 from $2.24 USD. Now, there a lot chances that EOS continue to $15 USD or $12 USD in the resistance line up that form this bullish channel. Also, in H8 timeframe, we see a formation of Shoulder Head Shoulder inverted. That could be a good signal for the next trade!!!
s3.tradingview.com
EOS 3D The whole life of the project on one chartOur previous idea-warning about a correction on EOSUSDT, although it was made on the daily timeframe, worked very quickly and t he EOS price fell even below the $ 5-5.5 zone , where we expected it.
By the way, this idea was included in our top 15 ideas for the last 2 months, where a possible future strong correction was clearly visible.
Since the daily time frame worked out quickly, today we will look at the entire history of trading in the EOSUSD pair on the 3D timeframe.
As you can see, the growth of the EOSUSD price on May 12 stopped perfectly in the middle of the global growth channel, along which the price has been moving for more than 3 years.
Then a strong fall down awaited us. The collapse in the market was powerful, and the price broke through even the strong mirror zone of $4.30-4.70 , which in history has more than once played the role of resistance or support.
However, buyers happily bought back EOS from $3.50 and above at a very tasty price, creating a Pinbar on the 3D timeframe. Buyers can regard this pattern as a strong signal to continue buying.
It turns out that the bravest and smartest investors who placed buckets for buying in the $3.50-5 zone will soon be able to fix x2-x3 profit , because the price of EOSUSDT has the potential to rise to the $8.70-9.20 zone
Further, a correction to the liquidity mirror zone of $4.30-4.70 may await us again, where again it will be decided who is stronger. Accordingly, it will become clear there: will buyers continue to drive the price by $13 or sellers will continue to push the price towards $3.
But this is a completely different story, which we will write about in new ideas)
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
EOS 1D Warning, sellers activating, possible correctionOur previous short-term idea on EOSUSDT fully fulfilled the goal and even exceeded it by a notable degree.
Write in the comments what news or events could help the price of EOS rise so much.
Let's look at the EOSUSD chart on a larger time frame today
The EOSUSDT price has reached the upper border of the channel, which has been stretching since mid-2019. On the daily candle, sellers began to fight back, drawing large shadows, the struggle continues.
If there is no strong news background, then according to the laws of TA, the price of EOSUSDT should start the correction.
Below, in the area of $5-5.50, there is the middle of the above-mentioned channel, and at the same time, there is a powerful liquidy zone, where the price has stopped twice before.
So, it is in this liquidy zone that a correction should be expected.
If sellers lose the fight, and buyers prove their strength, and the price of EOSUSD itself can gain a foothold above $13 , then the next target from above will be $16
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea " boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
EOS could to form a Shoulder Head Shoulder (inverted) toward $15There's an interesting trade that we can to keep until $15 USD. For that, EOS have all chances to go back to $15 USD. At the moment, I will going to be patient until EOS make a little down to $5.60 USD approximately. In case that EOS doesn't form this chartis pattern, we are going to look the level of $6.90 USD, this will be a resistance key to watch in the next hours.
s3.tradingview.com
In 3 Daily timerame, EOS continue in this ascending line that support in 4 occasion the bull trend. For that, trade or invest in EOS, will be a good decision. for my trade this cryptocurrency.
So, at the moment, I hope an entry at $5.60 USD and I look a down until $5.60 USD.
EOS USD buy for long and hodl it hhh
good luck guys ..
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This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.