EOS: Buy by breakout OR Sell from a resistance ? Hello, Traders!
Monfex is at your service and today we overview EOS/USD .
A week ago, in one week the number of participants in the EOS network fell by 43%. But EOS continue to grow.
Now EOS under and near the resistance line of the big descending channel and it's can be signal to sell. Also we have key resistance level by breakout of which we can open long position. By breakout the local support line EOS can reach main support zone.
In case of breakout 61.8% Fibonacci level at daily chart - EOS open target of 38.2%.
The local resistance zone ~ $3.60-3.70
The local support zone ~ $3.50-3.425
Supposed Trade Signal by EOS/USD
Buy by breakout $3.70
Take profit ~ $4.25
Stop loss at $3.535
Market Cap
$3 314 521 826 USD
Volume (24h)
$2 266 832 638 USD
Circulating Supply
939 683 825 EOS
Share your thoughts, ideas about the market under the chart.
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GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Eosusdlong
#EOSUSDT #EOSUSD #EOS I would say anything below 3.0 is a good buy to hold for couple of Months, However Price is still in Downtrend and You cant be 100% sure to buy it to go all in, Keep your Risk Managed while entering into it, I will consider it to be in Uptrend above 4.2 Only and will target 5.5 - 6.85 In that scenario. However below 3.0 also looks a descent Entry for mid term.
EOSUSD formed bullish BAT | A good long opportunityPriceline of EOS / US Dollar cryptocurrency has formed a bullish BAT 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.
I have used Fibonacci sequence to set the targets:
Buy between: 3.2609 to 3.2400
Sell between: 3.3106 to 3.3853
Regards,
Atif Akbar (moon333)
EOSUSD forming bullish BAT upto 12% expectedPriceline of EOS / US Dollar cryptocurrency is forming a bullish BAT pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 3.1190 to 3.0625
Sell between: 3.2539 to 3.4562
Regards,
Atif Akbar (moon333)
EOS Bottom seems to be here.. is it going to PUMP SOON!!EOSUSD is preparing for a bullish run soon...
$3 price level is acting as strong support and the bulls managed to close the week above this level which is an early indication that the bulls will take full control soon.
Watch the breakout of the yellow trendline for more confirmation.
TP1 = $8
TP2 = $13
This is not trading advice, please do your analysis before you trade
Happy Trading.
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EOS +70% just corrective movementHello, Traders!
Monfex is at your service and today we overview EOS/USD .
Latest news:
The blockchain company Block.One, which developed the EOS protocol, agreed to pay a $ 24 million fine imposed by the court on charges of SEC of unregistered securities trading during the ICO organized by Block.One in 2017-2018.
Against this background, the price of EOS rose by more than 10%+ in the last 24H against the backdrop of an agreement with the SEC. The asset has become one of the growth leaders among the coins from the TOP-10 list by capitalization.
So it's say us that we need to see at TA.
What do you expect from EOS ?
Correction to Fibonacci levels, they stand as levels of resistance. 61.8% and 50% are our goals.
Period: expected until December.
At the moment, the price is in the zone of support for trading volumes and levels.
On the RSI we have bullish divergence and it's at the oversold zone and going to rise up.
Active Trade Signal by EOS/USD
Buy now near $ 2.60 - 3.00
Take profit $ 3.60 - 4.23 - 5.11
Stop at $ 2.35
Share your thoughts, ideas about the market under the chart.
Do not invest money that you cannot lose!
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
EOSSUD formed bullish Cypher | Upto 22% potential planPriceline 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.
I have used Fibonacci sequence to set the targets:
Buy between: 2.7706 to 2.6080
Sell between: 2.8991 to 3.2069
Regards,
Atif Akbar (moon333)
EOS - EOSUSD - Technical Analysis - Very Profitable Trade ComingEOS - EOSUSD - Technical Analysis - 96%-1186% Profit Expected
Very Profitable Trade Coming...Huge ROI...Don't Miss This.
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been confirmed.
Target Profit Range - 3.09 - 8.10
(96%-1186% Profit Expected)
TP - 1 - 3.09
TP - 2 - 4.12
TP - 3 - 5.18
TP - 4 - 6.18
TP - 5 - 8.10
Buying Zone! Long Position
Early Entry Trigger Point - $1.38 -$1.58
Ideal Entry Trigger Point - $0.53 - $0.73
Adjust your Stop Loss according to your lot size,
account equity, strategy & money management.
***If you want to get in this trade from this point 2.66 you can still make 16% profit till TP1 is reached, however, there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Good Luck.!
Disclaimer - This is not financial advice. This is my personal view and analysis of this chart.
If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to like, comment & follow , If you agree with my analysis :)
EOSUSD formed bullish BAT | A good long opportunityPriceline of EOS / US Dollar cryptocurrency has formed a bullish BAT 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.
I have used Fibonacci sequence to set the targets:
Buy between: 2.9319 to 2.8764
Sell between: 3.0650 to 3.2644
Regards,
Atif Akbar (moon333)
EOS vs BitcoinHi, dear Traders!
Monfex is at your service and today we overview EOS/BTC .
EOS is moving towards the diamond support zone now. RSI has entered a recession phase in the oversold zone and by that time the price will just drop and you can expect an upward movement from the support zone to the first target.
Market Cap
$2 774 501 506 USD
Volume (24h)
$1 619 668 115 USD
Circulating Supply
936 082 773 EOS
Stay with me and you will get in time signals for EOS/BTC
Share your thoughts, ideas about the market under the chart.
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
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)
Emergence of a new trend for EOS Hello, Traders!
Monfex is at your service and today we overview EOS/USD .
There is a medium-term resistance for the EOS of about $ 3.95 , upon reaching which the EOS will break through the global resistance lines.
Locally, there is a falling wedge and a downward channel. Breakout of $ 4 will confirmation of bullish trend.
Before the end of the year RSI will have left the oversold zone.
Perhaps recently, a large second(2) wave of the Elliott(12345-ABC) Waves was ended at a large support line and the third(3) long wave begins.
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
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 formed a bullish cypher | Upto 134% movePriceline of EOS / US Dollar has formed a bullish cypher and entered in potential reversal zone to hit the sell targets soon insha Allah.
MACD is turning bullish.
Stochastic has given bull cross.
Price action is getting bounced from bollinger bands support and bollinger band is expanded.
Ichimoku could is turned bullish and Lagging Span is above the candles and turning bullish.
I have used Fibonacci sequence to set the targets:
Buy between: 3.9937 to 2.9190
Sell between: 4.8710 to 6.8397
Regards,
Atif Akbar (moon333)
Eos - soon the rocket will goBackground analysis: Bitcoin is currently showing weakness with its downward local trend. There is an opportunity to capitalize on asset correlation. For example, EOS will fall less than BTC. Therefore, there is a probability of movement in the EOS / USD pair.
EOS/USD decision pointMight be a good spot here to go long on EOS/USD if 3.60 USD holds on a daily. MACD in a decision point, either MAs will cross which can lead to test of bottom ($4.75) or top of ICHIMOKU cloud ($6), or reject and bounce of each other in such case levels of $3 or lower would need to be watched.
EOSUSD has formed bullish CRAB | Upto 263% potential tradePriceline of EOS / US Dollar has formed a bullish CRAB and entered in potential reversal zone.
From here the price action can take bullish divergence soon and hit the sell targets insha Allah.
RSI is already oversold.
I have used Fibonacci sequence to set the targets.
Buy between: 3.4192 to 1.9856
Sell between: 4.5315 to 7.2241
Regards,
Atif Akbar (moon333)