EOSUSD
BEST Buying Opportunity!Everything is going according to plan like I said before.
Hit the support zone and have completed our bearish trend for now.
***I'm buying my cryptos RIGHT NOW because I don't think you'll get these cheap of prices again for a while or possibly ever again!!!
Look at previous pullbacks. All very hard, then we spike back up.
This pullback was just one of a larger degree/level so it over encompasses the last 3 upwaves. The pullback found support right in the area of wave 2 (right at the .786 level), which is typical of a 1st wave! That could indicated that we are going to be entering wave 3 very soon.
All I know is I don't have enough. I NEED MORE.
NOTE: IF we roll over and meaningfully break $3.50 that would be a sign that the bull trend is broken and that any upward movement is corrective in nature, only to be followed by another down move.
Not financial Advice.
Eos (EOS) - May 22Hello?
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(EOSUSD 1W chart)
(1D chart)
We need to see if we can move above the 6.2573 point to break off the downtrend line.
If it falls, we need to get support at 5.1376 and see if it can move up along the uptrend line.
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(EOSBTC 1W chart)
(1D chart)
1343 Satoshi-1574 Satoshi should be watched for any movements that deviate from it.
If it falls at 1343 Satoshi, Stop Loss is needed to preserve profit and loss.
However, it may rise along the uptrend line, so careful trading is necessary.
To get out of the downtrend line, we have to see if we can get support in the 1574 Satoshi-1690 Satoshi section.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market or CME and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
EOS - Back up? Seems like itI'll make this one fast:
If this is a short-term "recovery" then once a confirmation is received after crossing the resistance area, you can open long positions and aim on those 2 targets as shown on chart based on your own risk level.
We already opened long positions since $6.2 but now I'm thinking it's becoming safer.
There's also a possibility of correction down to the middle Bollinger band before going up.
Good Luck
Tell me your ideas. Like and Share
Eos aim for 8.5$ As you can see we have very strong support at 4$ and eos get back in the uptrend channel
In the first jump we could see eos in 8.4$~8.8$ After that depends on Bitcoin movement we could predict eos next move
EOSUSD Trade of the week!Trade Analysis based on Price Action...
With risk management you will never loss money
Thank you
Ridethemacro
EOS - 6h. test of $10 and continuation of the correction?A fairly promising rise in the price of EOS , which consisted of two powerful waves on May 5 and May 11, began its correction. This correction was our main scenario , which we wrote about in the previous global idea:
As well as under the VETUSDT or TRXUSDT ideas, many positive-minded traders expressed their negative on our corrective forecast. Nevertheless, we publish our thoughts, regardless of whether others like it or not.
In this case, in the EOS market, we have witnessed how short-term the news is working out . As we remember, on May 11, news came out that the Creator of EOS will open its own crypto exchange. For two days, the price of EOS was actively growing and it looked spectacular on large timeframes.
However, if we analyze the growth on the 15 minute timeframe , we see that someone systematically unloaded their positions and left a trail in the form of hairpins up:
Our opinion is confirmed by the following trading days, when buyers were unable to keep the price above the range of $11.5-12. Already on May 13, most of the growth momentum was absorbed by sellers. This fact confirms the opinion that the news can strengthen the trend movement or become a good trigger for the start of a strong movement. However, only when the market is ready for it. Otherwise, the news is rather short-term.
At the moment, the price of EOSUSDT has stopped at the range of $8-8.5. If we analyze the history of EOS trading, we can see that this range was quite important in June 2019:
As you can see, it was after the unsuccessful breakout of this range that the EOS price continued its protracted downward trend. Therefore, we expect an attempt to consolidate buyers above the range of $8-8.5.
The critical point that will decide the next medium-term EOS price movement is at $10 . At this point, we will see how strong the buyers are and whether they are capable of continuing to rise to at least $12. A weak local wave of growth will give a strong signal for the continuation of the fall in the price of EOS to the range of $5-6 .
Therefore, at the moment we expect:
1. price fixing above $8-8.5
2. Test $10
After meeting these targets, we will create a new short term idea for EOS.
P.S. A negative scenario in the EOS market will be possible if we see a downward breakdown of the consolidation triangle on the EOSBTC chart :
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EOS - Bullish only above 12$ - Outperforming BTCEOS - I'm not necessarily convinced by the wave counts here but what I do like is the fact that it's outperforming BTC.
Looking at Fib levels, I think if price can go and remain above ~13$ it could easily reach 23$ at which point I would also look for the 1.272 Fib level at ~50$ .
That's simply because when price tends to break above the 78.6% Fib retracement level, it has a tendency to at least touch the 127.2% level.
EOS Fractal ideaDepending on how bitcoin performs over the next couple of days, I expect EOS to follow for now. When BTC stabilizes EOS should be outperforming BTC based on EOS/BTC chart. Elongate has slightly damaged our upwards momentum but I feel we should be back on track within the coming weeks.
I expect EOS to hit $16 by next week if we have sufficient volume, this will be my first TP area
If EOS goes above $16 then ATH is imminent
If EOS bounces, current major support is the bottom of the channel around $10. Another major support is around $8.70-8.85 price range
DYOR and pay close attention to BTC
Withdrawal time for the bulls(not over yet just a breather)As bitcoins bull run has completed itself it is unlikely to pump again till another few years which means a downtrend for the overall market for the next couple of months
the rsi is looking short term bullish and im thinking that the macd will hit a double top with a lower low signaling the bears to attack.
The conditions are met for a bearish trend and now i see a small bounce forming with a bear trap lining quite nicely and thus a lower high will form continue a bearish trend with the head and shoulder pattern forming, sadly there is to much resistance at the 12-14 mark for eos and so to 53-57k zone on btc to break through .that is unlikely to break at this time of the year, possibly around Christmas this year we can retest this resistances, but for now take profits and get ready to buy in at a nice cheap price
EOS (EOS) • Likely to give +10x from hereEOS has been long under the radar for awhile only recently start out performing ETH and BTC. Even on social media there so much hate going on despite current bumpy uptrend.
Think things will soon chance as momentum is picking up and it outperforms ETH.
Reality is that EOS no different than any other all-around project out there so it will go up with momentum and hype as prices rises.
We hit the $12-$14 initial target range which was the 50% range from the High/Lows of the bear market. We seeing some natural resistance here but chances we will soon see the ATH revisited, tested and eventually broken. I think reasonable initial target is somewhere around $120 but ultimately i think the insanity of this bubble market are are living this thing will also print another 10x after that and $1k seems crazy but it is not unrealistic.
Wait for the breakoutHello every one, here I have shown you that how I see this pair. This is not a financial advice. It is just for educational purposes. Feel free to share your views on this idea below. By sharing our views both of us will learn something new.
EOSUSD targeting 20.00 - 25.00Pattern: Fibonacci Channel Up on 1D.
Signal: Buy when the price enters the 1D MA50 (blue trend-line) 1D MA100 (green trend-line) zone, which has been the buy zone throughout the year. Also buy if the RSI enters its Support Zone before that.
Target: 20.00 - 25.00 depending on where the price enters the buy zone. Measure a 1.786 Fibonacci extension from the Bottom. Very likely the next Higher High to be on the 2.0 Fib ext of the Channel.
Previous EOSUSD signal:
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Up trend channel for EOSUSDIn my opinion this is an up trend channel that visible in 30m time frame. Meanwhile in 1d time frame we could see a new and young up trend that got 0.38 retracement and it's could makes our wish about breaking 14.8 USD resistance come true. (Hopefully)
EOS/USDThis just an idea for long and short trades.
+ Share your opinion in the comments.
* This is not financial advice.
EOS getting ready to hit 22-23 USDEOS remains super bullish. Once the market digest yesterday's dump it's going to be interesting to see how this plays out.
My long idea is that we're aiming those highs ( if not even beyond ) IN THIS MONTH.
Do your own research due diligence.
EOSUSD - Short-Term target of 13 - 13.5 USD @14th of MayA positive ABC correction of the downtrend will potentially cause the price to go up to 13 USD, or a bit higher (most likely on the 14th of May, or even on 13 if we're lucky)
Afterwards, the downtrend will continue in the following days in the vecinity of 10 USD.
Altcoins Update: EOS; the awaken beast!Volume and Price action shows:
Target 1: 28
Target 2: 63
Target 3: 100
P.S: Anything I say or do, should always be taken with a pinch of doubt. You might make or lose money based on my opinion, but you are solely responsible for your own actions. I am not your financial advisor!
EOS Still Following the Fractal Perfectly (EOY Prediction)Fractal shows peak in late October, most charts based on historic evidence see the bull market ending in late October.
Blue support line matches the fractal perfectly.
