EOS CAN MOVE DOWN AGAINFrom the point of view of Neowave, we have a neutral triangle, which is in wave E
In terms of price action, after an upward lag, we can have a strong downward movement
EOSUSD
💡Don't miss the great buy opportunity in EOSUSD @EosNFoundationTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.418).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EOSUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 1.574
TP2= @ 1.660
TP3= @ 1.837
TP4= @ 1.947
TP5= @ 2.041
SL= Break below S2
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💡Don't miss the great buy opportunity in EOSUSD @EosNFoundationTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.418).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EOSUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 1.574
TP2= @ 1.660
TP3= @ 1.837
TP4= @ 1.947
TP5= @ 2.041
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EOS Big PictureKeep it simple in LOG scale
1) 2018 massive bull run
2) correcting since then in a hell of a bull flag
3) bounced off the low 0.786 / 2.618 confluence
What could be next?
a) start a new uptrend and break upper trendline > $12
b) continue correction towards 0.886 level @ $0.60
Hold my beer pls
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No financial advice, do your own research, don't be stupid
EOSUSD - Inverted H&S Breakout A Large dominant Falling Wedge structure containing a head and shoulders pattern.
This inverted H&S pattern has already formed the left shoulder and the head, with the right shoulder yet to form
I see in this chart the right shoulder leading to a breakout of the overall falling wedge and pushing price up to a very strong resistance point. Shown with the horizontal red line.
EOS Finally the Rally~!Here we come with an established uptrend for the EOS. Our target is only the first obstacle, while the price is likely to travel much further up.
EOS/USDT Elliott Wave Count 15min TFEOS rising edge or ABC correction with C wave an ending diagonal and will go up!
Buy on the break of the slope upper trend line.
Good luck!
EOSETHEOSETH looks eally bullish after broke the resistance line and back tested that now ready to go..
EOSUSD ❕ above the rangeEOS grew along with the increase in trading volumes.
The price is still above liquidity.
I think that after the current correction, EOS will consolidate above support and continue to bounce.
EOS (EOS) - September 8Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(EOSUSDT 1D Chart)
1st resistance: 1.732
2nd resistance: 2.120-20386
1st support: 1.328
2nd support: 0.911-1.003
In order to switch to an uptrend, it must rise above the 2.120-2.386 section.
If it gains support above 1.732, I would expect it to break out of the medium-term bearish channel.
If you find resistance at 1.328, it could lead to further declines, so you should think about countering.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(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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EOSEOS showing trend reversal pattern. In the Weekly, we see the oversold rsi showing that the coin was well below its intrinsic value. It is worth remembering that it can still be lower than its value. Keep an eye on the coin to give it some time.
EOS about to BOOM?Well well well...
We've got a nice completion of wave 3 above 4.236 fib setting up target at 8.236 area!
Also EOS has already corrected nicely down for a possible wave 4.
To be monitored whether this was the whole wave 4 already or just wave A of 4.
In case of A of 4: expecting B leg up and an equal C (=A) down before blasting the hell out of it
Invalidation of this idea is a drop below 1.04
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
✅TS ❕ EOSUSD: double top✅✅EOS formed a double top and went down. The price turned into a downward movement. I expect the fall to continue.✅
🚀 SELL scenario: short to 1.40.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ EOSUSD: three peaks✅✅EOS has formed three peaks in the area of the resistance level. The price went down. I expect a fall.✅
🚀 SELL scenario: short to 1.4.🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
#EOS is up 110% in 8 weeks, Uptrend Capped at $2Past Performance of EOS
EOS is one of the top performing assets as per the formation in the daily chart. As of August 25, the coin is up an impressive 110 percent from 2022 lows. Notably, it is within a bullish breakout formation following gains on August 22. Albeit the encouraging performance of early this week, there are hints of over-valuation, and the subsequent correction of the past few days could unwind progress made.
#EOS Technical Analysis
The coin is up 18 percent in the past trading week but in the red on the last trading day. Technically, EOS remains within a bullish breakout formation after the surge above $1.4 on August 22. At spot rates, EOS prices are within the bullish engulfing bar, and the recent contractions may represent a retest and correction of the August 23 over-valuation. This is because there is a whole bar candlestick above the upper BB, a suggestion of over-extension that is currently being corrected following yesterday's losses. Since the uptrend is defined, traders may look to ramp up on every dip above $1.4, aligning with gains early this week, targeting $2—Q1 2022 lows and later $3 in a bull breakout continuation pattern.
What to Expect from #EOS?
The uptrend is defined, and the coin is within a bullish breakout formation, reading from the formation in the daily chart. Buyers are in control as long as prices are within the August 22 bull bar and above $1.4.
Resistance level to watch out for: $2
Support level to watch out for: $1.4
Disclaimer: Opinions expressed are not investment advice. Do your research.