Weekly Brakout or “Fall with 10.5… $” again ?As you see , we have strong Levels in Monthly and weekly chart . The first point of view is that “ if Monthly candle closes upper than the highest level , we could see higher levels in the future . I tried Gann Fans and it seems that we have targets about 20.58… or more .
Anyway , last night we saw strong resistance to weekly trend line .
If we focous more , like in daily and 4h timeframes , we could see range on the top of the “Monthly highest all the time “ area .
I have to point of view :
1. We could buy on 10.5 and 9.8 and gain 30 to 50 percent again
2. We could wait untill we see strong Weekly trend line break out and buy in the pullback .
EOSUSD
+100% already since our call ,,, what for now ??just before EOS fly we posted a call under $6 saying one only target that we r sure of which is $10 region ( idea link below the article in the related ideas section )
Not just that, we also made an update after this with hours advising to sell now portion at $12 -$13 and buy under10$.
what happened from hours that EOS touched 9.60 area and reversed from there.
congrats to all of followers , hope you are enjoying n making decent profits with our signals.
n for now, we can see that our $10 target flipped to support and it holds till now which is great indicator for moving up.
however there is a small possibility to get lower than this again if btc jumped dramatically.
As long as BTC.D is falling, Eos will be flying more n more
Targets n stop loss on the chart..
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Correction over?Looks like we could have a complete ABC pullback.
The C leg is kind of stunted and shorter so it's possible we get one more little leg down to $8.30, but anything past that would start to threaten our uptrend, which would be a major surprise.
EOS has been very supportive so far and it's alt season is just starting. Think of the goal! Where are we going?
Don't worry about the bumps along the way.
I'm going for $40 then $80 then $120.
Then I plan to sell, watch everything crater and everyone lose hope and think crypto is dead. And when everyone says it's dead, YOU BUY!!!
Think of the dot com bubble.
This is extremely similar.
EOS SHOWS STRONG POTENTIAL OF AN UPTREND, WE ARE IN A BUY ZONE!Have looked at the 9,9-10 usd mark quite actively the past days. Very strong support line at this area. Volume is diminishing with the current short term downtrend.
Very high potential of a much stronger uptrend at the moment. High reward/risk ratio. BUY!
EOS - Correction (As you asked)Market is going through correction right now, but some coins like ETH are recovering.
In my opinion, EOS is recovering too.
Wait until this recovering session is confirmed and then open your long positions... it's alt season so don't panic sell for now.
Wait for the breakout which happens right after the first closure of the 4H candle above the resistance area.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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Eos (EOS) - May 8Hello?
Dear traders, nice to meet you.
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(EOSUSD 1W chart)
(1D chart)
We'll have to see if we can get support and climb from 10.1764-10.7363.
If it falls, we need to make sure we get support at 9.05.
It remains to be seen if it can rise above the 12.7530 point, which is an important point.
If you move down at 8.4968, you need a short stop loss.
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(EOSBTC 1W chart)
(1D chart)
1752 Satoshi-1874 Satoshi should be watched for any movement deviating from the section.
If it falls, we need to make sure we get support in the 1569 Satoshi-1630 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, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
EOS BREAKOUT TO NEW ATH 20% MOVEDAYTRADE Setup
Bullish on EOS for another breakout to the upside
Follow info on the chart if you want to take the trade
I personally am bullish but if we do break to the downside
which can happen then I have marked an area where i will be buying
Ensure that you monitor BTC ...Sideways is ok but we all know that a volatile move destroys all setups
Follow and Like for regular analysis ..