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EOSUSD

EOS drops 17% in a Retest, Immediate Resistance at $1.43Past Performance of EOS EOS contracted on August 4, mirroring the general performance of the crypto market. Currently, EOS is up three percent on the last trading day and firm as per arrangement in the daily chart. The immediate support level lies at $1, and EOS is within a bullish breakout formation. #EOS Technical Analysis EOS is down 17 percent from last week's highs, but, as aforementioned, buyers have the upper hand. Even though prices retraced in a retest on August 4, bulls can double down on any attempt lower above the $1 round number with targets at $1.43 in the short term. Still, there is a concern because of the three bar formation from July 30 to August 1, signaling weakness. Conservative traders can wait for a break above $1.43 to target $1.90 or losses below $1 and ride the downtrend to $0.87 in a bear continuation formation. What to Expect from #EOS? EOS is bearish from a top-down preview, but prices are solid in the short term and in a bullish breakout formation. A close above last week's highs could lift the coin towards Q1 2022 lows in a retest. Resistance level to watch out for: $1.43 Support level to watch out for: $1 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
EOSUSDT 3D The beginning of the revival of "old man" Eos ?Today we will look at a global chart of the EOSUSDT trading pair on 3 days time frame. In front of you is the entire trading history of EOSUSDT, which is 5 years from mid-2017 to the present. At different stages of EOS life, it was called know-how a breakthrough in the crypto industry and announced to create a bank and crypto-exchanges on its basis and many other things. But such news background and marketing didn’t help. In fact, the price was in a clear downtrend for more than a year. However, in general, the first signals for a possible trend of changes upward are appearing in the cryptocurrency market. And although the rebound in the EOSUSDT price was very late compared to most cryptocurrencies, but in recent days the growth has started to catch up according to %% indicators. Our expectations for the EOSUSDT trading pair in the coming weeks: 1. A modest correction of the EOS price to the $1.20 area will by no means prevent the continuation of growth. 2. Continuation of growth with the first target to the $1.60 area or +32.50% 3. And if lucky, the continuation of strong growth to the $2.05 area or +70% In general, if you look at the history of EOSUSD trades, then 5 years ago, in the summer of 2017, the first trade consolidation took place precisely in the range of $1.50-2.10. Therefore, it is time to return to it) P.S: Before the weekend, we made an idea for BTCUSDT, and it clearly worked: after $24700, the market went into correction And what will happen next - in the idea below _______________________________ 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 :)
by P_S_trade
50
EOS the last chance (bottom) and the range market 📖🚀Hello 🐋 Based on the chart, the price is close to the support (bottom) or better to say the lowest price this token has ever experienced ✔️ we suppose this area as the last chance and the bottom for the end of the correction to the downside, and we expect to see more gain beside the range market is an acceptable scenario too 📖💡🚀 and if the price break the range area to the upside, we will see more gain 🚀 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Long
by MadWhale
4
EOS - Don't Miss This! 🔥In our last analysis. we were expecting EOS to drop for the final time. Price dropped perfectly and now we have almost completed the bearish wave. The current C wave is broken down into 5 waves, with the 5th wave also having 5 subwaves. We are now in subwave 4 and expecting one final drop for subwave 5. It's unclear where subwave 5 will end but once we see the move down, should be pretty easy to identify where the entry point will be. Trade Idea: - Watch for one final drop for the 5th subwave - Once 5th subwave appears, watch for bullish pressure on its completion - Enter with stops below the lowest lows - Targets: 3.6, 6.4. - Longer term targets: 9, 14 Will be keeping a close eye on this as the risk: reward is insane. Goodluck and as always, trade safe!
by WicktatorFX
4
EOSUSDT TREND LINE ANALYSISNice to meet you, everyone I'm an alt trader I'm analyzing and recommending things that are similar to my personality among many alt coins ---------------------------------------------------------------------------------------------------------------------- EOS has long shown unpredictable movements. There were no sections that were supported and resisted a lot, so there were more angles of trend than this, but four types were drawn for those who were unfamiliar with the construction. The candle shows a sharp decline, falling below the thick purple line five times. Investing in EOS is at least safe when you break through the thick purple trend line and test it, or when you rise above the thick red upward trend line.
by PH0PH0
2
If EOS holds here, then $2. If not…EOS had a massive blow off top and has shown nothing but weakness since then. It has also falling out of its multi year uptrend. Currently sitting on support at $1.36. Slightly outside of the bollanger bands, and oversold, which could mean a dead cat bounce to the top of the long term trend line at around $2.00, if it holds. If not, next level to look out for is $1.00. Really depends on the way the market is moving. Bitcoin is inevitably going to visit the 200MA at the very least, which likely points to much further downside. While prices do seem extremely tempting, it’s better to be risk off at this time. One strategy is to set stop loss below current support ~5% loss max. The better idea is to watch bitcoin and the nasdaq in the morning to see which direction the market is moving.
BINANCE:EOSUSDShort
by SunnyBha
1
WOW!! EOS - biggest Wedge you've ever seen! How to trade it?On the right side you can seen how EOS looks great to BUY. Wedge with small target on the auto-levels, middle target on the $10 (red zone) and my personal global target $33. Locally I trade it only if I have information from my private indicator. EOS have strong on-chain data which gives me understanding about local moves. Globally I see that Marketmaker tries to get as much as possible coins before new pump. My private indicator is buying EOS now with extra confidence of the future rise. What do you think about EOS globally and locally?
Long
by sholi_software
2