EOSUSDT 350% Profit PotentialHey Guys,
Hope all of you are enjoying the profits in the Bull Market. This Bull Market was quite predicted earlier by me and is so far running well.
The Link for my BTC chart is :
Which was Uploaded on OCT18th.
All the major Crypto assets have done very well so far. But let me tell you guys that actual season is about to begin when BTC Calms & Starts Ranging while the dominance falls.
All our favorite alts will start showing their strength then. One of Those big Sleeping Giants is EOS.
Right now if we look at EOSUSDT Chart there is nothing much to explain about it. lets keep it quite simple as we can see their is strong volume accumulation & The Price has held the support quite well(Marked with green Box) it has also shown a breakout & retest of trendline starting from early Q2 of 2019. all the potential Take profit Points are marked in the chart with Blue Line.
Lets see how we see the price action after almost 1.5 years of Accumulation.
Price at writing 3.0625
Please Like, Share & Follow if the work helps you.
Trading is Risky Please manage your Funds accordingly.
This is not a financial advice. DYOR.
Thanks & Regards.
Anuj Tated.
Eosusdbreakout
EOS/USDT - a buying after a level breakdown.Friends, thanks for your likes and comments!
a possible scenario.
a buying after a level breakdown.
you can put a stop loss on the level.
on a smaller timeframe, you'll need to look for confirmation.
pictured what four timeframes should look like.
Good luck with trading!
EOS giving upto 143% profit opportunity by forming big GartleyA breakout from the wedge:
Hi guys and gals hope you are doing good, In my previous article that I posted on 20 Dec 2019 I depicted that since Sep 16 2019 the world’s 7th ranked cryptocurrency EOS was moving within a falling wedge and and that time it was hitting the support of the wedge for 3rd time and we had recent support at $2.35.
With hitting support of wedge the price action also went closer to lower bands of Bollinger bands and repelled from there.
and with this move the price action had completed a bullish BAT pattern therefore I predicted that the price action can move up to 70% from this level.
And at the end of December 2019 the price action took a powerful bullish divergence and produced more than 121% profit that was really a big gain.
100 SMA resistance of week chart:
After this powerful bullish move there was a strong resistance of 100 simple moving average ahead on weekly chart. Therefore we can see that while hitting at the resistance of 100 SMA the price action of EOS was also hitting at the upper band of Bollinger bands and in very next candle the moving average convergence divergence (MACD) indicator also started turning bearish and the Stochastic also gave bear cross from over bought zone and as result the priceline dropped around 45% down.
Making higher lows and a strong support:
Now let's move to more long-term monthly chart then it can be clearly examined that the price action of EOS is making higher lows the first low we had on October 2017 after that we have another low on December 2018 and the most recent low was in November 2019 this is a positive signal. And with the formation of higher lows we can see that the priceline of EOS has found a strong support at $2.16.
Harmonic move with continuity:
On long term monthly chart it can be also clearly seen that EOS is forming bullish harmonic patterns with continuation. The price action formed the bullish Shark pattern which was started on October 2017 and completed on December 2018. And from the potential reversal zone of this bullish Shark the priceline took a powerful bullish divergence and entered in the Fibonacci projection from 0.382 to 0.786 Fibonacci projection of C to D leg. After the formation of this Shark pattern the EOS formed another harmonic pattern with its volatility. This time we can see that the priceline of EOS has formed a Gartley pattern.
Now let's dig this pattern deeper to see how perfect this pattern is formed:
The initial leg was started on December 2018 and ended on May 2019 then the price action is retraced between 0.618 to 0.786 Fibonacci to complete the A to B leg of this bullish Gartley pattern after this retracement the A to B leg is completed. The C leg is projected between 0.382 to 0.886 Fibonacci projection of A to B leg and now it is again retraced between 0.618 to 0.786 Fibonacci retracement area and here the price line of EOS is again entered in another potential reversal zone and ready for other powerful bullish move.
Realistic buying and sell range as per Fibonacci sequence:
As per Fibonacci sequence the potential reversal zone and potential pull back or potential sell zone can be as below.
Buy between: $4.26 to $3.06
Sell between: $5.20 to $7.45
It means that realistically as per Fibonacci sequence this bullish Gartley pattern can produce up to 143% profit but once the price line will cross up the 0.786 Fibonacci projection of A to D leg then EOS can turn more bullish.
Stop loss:
Everybody can have different stop strategies but in my point of view if you are trading on harmonic moves then we can use potential reversal zone as our stop loss if the complete priceline would be closed below this PRZ level then we can assume that the stop loss has been triggered.
💎EOS - Simple trading plan with BIG goals! 🧑🏻🚀Hello everybody! Thumb UP👍 if you like this idea!
I present to your attention a simple EOS trading strategy based on the breaking of a downtrend line and clear goals that can bring good profits!
TRADING PLAN:
1. Add the alert above $4.2
2. When the alerts trigger buy EOS and set limit sell orders at the level $4.6, $5.5 and $6.1.
3. Set a stop-loss near $3.4
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EOSUSD formed a bullish Cypher | Upto 11% expectedPriceline of EOS / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone.
I have used Fibonacci sequence to set the targets:
Buy between: 3.0545 to 2.9649
Sell between: 3.1250 to 3.2944
Regards,
Atif Akbar (moon333)
EOSUSD has formed bullish Gartley | A buying opportunityPriceline of EOS / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 2.8542 to 2.7787
Sell between: 2.9149 to 3.0633
Regards,
Atif Akbar (moon333)
EOSUSD - UPDATE - WHERE ARE THE BULLS?LAS TIME I WROTE ABOUT THIS I SAID ONCE IT BROKE
THE BLUE LINE IT WAS COMING TO THIS LEVEL AND THAT
HAS HAPPENED. LUCKY GUESS OR GREAT ANALYSIS? :) YOU DECIDE.
ANYWAYS - WILL THIS BREAK THE PREVIOUS LOW LIKE
ADAUSD AND DASHUSD? WELL TIME WILL TELL. MY
OPINION NOW IS THAT, THIS CURRENT PRICE IS QUITE
TEMPTING FOR A LOT OF INVESTORS AND I FILL THAT THE
BULLS WILL BE TESTING THE MARKET SOON.
PLEASE, LIKE, COMMENT AND FOLLOW.
EOSUSD to touch the trend-line then shoot >250pipsEOSUSD is closing a deciding are where it will either continue the down trend or bounce back up. The ket support and resistance are in line for the moment, however the yellow trend can be broken at the 4th attempt just like the previous uptrend. It will be interesting to see EOS shoot up for a few hundreds of pips then it probably reverse back and head down the same way other Altcoins are doing now.
I am looking forward to hear your opinions about this idea!