EOSUSD
EOS/USD Secondary trend.Secondary trend. Logarithmic graph. Time frame 3 days. Reversal zone.
Mirror resistance zone (former long-term support). There may be a significant rollback from it, or at least a stop and consolidation in this zone, provided that the secondary downtrend (price movement direction) is broken (purple line).
From the highs of this secondary trend, the price fell by exactly -93% to the level of 0.93. An interesting coincidence, isn't it?
Coinmarketcap : EOS
The same parameters, but on a line chart.
EOS/USD Main trend
EOS/USD Main trend. Channel
EOS/USD Local work. Reversal zone. %Local trend. Logarithmic graph. Time frame 1 day. Reversal zone. Percentage of key zones.
Mirrored resistance zones are shown in grey. There may be a significant rollback from them, or at least a stop and consolidation in these zones. Trend lines (price movement directions) are shown on the chart, their importance and strength (long-term in time) are highlighted in the appropriate color.
From the highs of this secondary trend, the price fell by exactly -93% to the level of 0.93. At the moment, the price is entering the first resistance zone, which, in case of fixing in it, can become a "launching pad for a strong impulse (mirror structure).
Coinmarketcap: EOS
The same parameters, but on a line chart.
Next ideas for zooming in to understand what zone the price is in.
Secondary trend
EOS/USD Secondary trend.
Main trend
Main trend. Channel
EOSUSD : Bearish At Age Of 5 YOAlthough EOS completed 5 yr today, but its trending bearish.
let's profit it.
Series of LHs (Lower highs) and LLs (Lower lows) confirms its Bearish.
Following Sell Stop positions can be taken.
Entry ( Sell Stop) : 0.69513005
Stop Loss : 0.73864485
Take Profit 1 : 0.65161525
Take Profit 2 : 0.63161525
EOS Potential ReversalEOS cryptocurrency is currently displaying signs of a potential reversal. The price action suggests that the downward trend may be coming to an end, and a bullish turnaround could be in the cards.
Based on this analysis, my short-term price target for EOS is the $0.83 resistance level.
Looking forward to read your opinion about it.
EOSUSDT at daily resistance, likely to break and head to 0.98-1The price lost the weekly support WS1 and claimed it back. And then came daily resistance which pushed the price down which resulted in the retest of WS1 zone and price bounced again to DR1 and currently trading around/inside/above it. This DR1 zone has pushed price down several times but this time looks like the price has momentum to break it which is also evident from the price action. So in case it breaks which is likely, the price is going to head for WR1 zone 0.985-1.00.
EOS 1$ Hello everyone, today I analyzed the EOS coin, and it looks very interesting. We are currently in an ascending channel with accelerated accumulation. Overall, the entire market seems to be in an upward trend at the moment, but locally. I have highlighted it on the chart, followed by a reaction of growth. I have also indicated the resistance level and the level for position fixation.
Wishing everyone a successful and profitable day!
EOS/USD 1W. Basic trend. Potentials and manipulations.Here's the EOS/USD 1W Chart on Bitfinex(long history).
Right now we can see the horizontal channel forming. In this channel harmonic pattern on daily TF formed and worked out the first target, which is the middle of this local horizontal accumulation channel, in terms of 1w TF.
Now we're near the support of this channel 0.86$. Recently the big amount of EOS were deposited on the exchanges.
Showed the classical potential manipulation - look.
On the bottom we have the support zone. Also it's 0/61(16)$ zone which often acts as bottom.
This 0.61$ zone is -25% from the current support which is basic percent for pulling out stop losses.
Though, if the market gives an "opportunity" it can dump further. The global support is 0.5$. This is also a possibility.
And if on the moment it's very scary - the price can drop up to 0.36, which is also -25% but from the main support 0.5$. It will be 0.36 $ zone.
Still, the potential is very good. Shown the potential distribution(local distribution) zone on chart.
Those are - 2.5$; 5$ and then maybe 15$ but probably not in this local cycle.
You can potentially work martingale in this type of situation, which means buy more if price drops.
EOS CAN MAKE A CORRECTIONHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the EOS symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
How deep will EOS go? +40% after correction.Hello everyone! At the time of writing this idea, EOS has broken the strong 0.382 Fibonacci level.
We can expect a further decline to the next Fibonacci level of 0.236. The entry point can be sought in the range of $1.03 to $0.97.
This is not a financial recommendation, and everything you do is done at your own risk.
✅TS ❕ EOSUSD: continued growth✅✅ EOS USDT broke through the resistance level.
The asset is moving in an uptrend.
We think that the price will continue to grow. ✅
🚀 BUY scenario: long to 1.284 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
EOS seems to be bullishHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the EOS symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You