EOS; the king is dead, long live the king?EOS has had an absolutely incredible run over the last year. Whether or not it will supplant Ethereum as the preferred smart contract platform for developers remains to be seen, but the market is certainly excited.
Over the last month EOS had a 300% return:
So now it's time to cool the jets a bit before then next round of buying.
As you can see from the chart, I've taken the price action from the first half, of the first run. This retraces nicely to the 50% fib, and this is where we should look to take a long position. Using the fib retrace tool, a projected target of ~$35 is reasonable.
Eosusdlong
EOS - the Bull run you don't want to missEOS has been extremely bullish lately. With the main net launching coming up next month, its great time to pick some up for massive profits.
EOS is on its wave 3 of primary cycle. Wave 1 ended earlier this year after which we had major correction down to 0.786 fib.
Currently, EOS has started its subwave 5 (green) of the main wave 3.
Targets for this are around $33-35
EOSUSD Forming a Potential Bottom - When Will It Move Higher?!Hello Traders,
I hope everybody is enjoying the weekend so far.
In this analysis, we are looking at EOSUSD on the 4 hour chart.
Since the peak in 2018-04-29, the cryptocurrency pulled back significantly to the downside. It corrected almost -50% of its value in just under 18 days. Which is remarkable.
But now, EOSUSD is showing the first indication of a bigger correction higher. The first indication is that it reached the 50% Fibonacci Retracement area from the rally of March 2018 low. The second one is that it already managed to break the first short-term trendline higher.
Key will be now the trendline from 2018-04-29 peak. As this break is still missing, so because of that a marginal new low can't be ruled out yet. That is why that area is a decision area. If that trendline breaks I see a potential extension higher to around 15.69 which is the former Resistance now acting as a new support area.
So let's see how it plays out next week. Invalidation level for this view will be 11.77. When it breaks that low this view can be invalid.
For now, I am expecting more upside with corrections in lower timeframes of course.
Disclaimer: Trading is about going with the highest probability, nobody is 100% right and we need to protect ourself in case we are wrong. That is why we need to always use a stop-loss when trading. Trade with care. This my current view, and any view present is not a trading recommendation just personal view.
EOSUSD looks ready for a bull run!Dear Traders,
Recently this coin has gained so much attention and it's number 5 for marketcap since weeks already!
Wave counts suggest correction is over, which was needed after 23usd high.
I believe we are moving towards fib level 1.618 but I think we are going to see strong resistance at 0.50 fib level.
Even though I don't think we are gonna see that much down movement, my stop-loss is generously down at 11,50 usd in case BTC should move down to 8k levels pulling down the entire market.
These are only my thoughts, not investment advice, please make your own researches and share your ideas in the comment box below.
EOS (EOSUSD) - MOON AGAIN OR PIT?EOS has been moving in the symmetrical triangle since last 10 days or so. It tried to go down but got support from the trend line and rebounded back. So, keeping this in mind, i think we can experience a possible breakout in the near term. The breakout can happen either ways - Upwards or Downwards. But going by the roadmap of EOS, it has some good news coming in which can support the upward movement.
I will post about the indicators in the next post after the breakout because right now the indicators are not giving any clear information about the price action.
NEWS:
10 May 2018: EOS EVOLUTION AIRDROP: Evolution Airdrop will take place starting May 10th 2018 5:30pm UTC. The aim is to disperse tokens evenly across the EOS community.
11 May 2018: EOS DAWN 4.0 Release.
11 May 2018: Listing on Coinbit.
1 June 2018: Mainnet Launch.
Also note that, price action of BTC will also affect the price action of EOS. So, keep an eye out.
A zoomed in 45-min chart:
P.S: This is not an investment advice, and i am just learning. This is for my learning purpose only. Invest your capital at your own risk.
Those who wish to achieve greatness,
never seek for permissions.
They follow what their heart says,
and do what their mind states!
Good luck trading.!
Peace.
EOS to 33.5 Current Price 17The crazy EOS.
I think most of you watched what happened to EOS. let me tell you that it's targets hasn't achieved yet
Just monitor the movement triangle.
16 was a great buy opportunity that i think it will not be available soon you can buy now with tight SL
SL = getting out of marked Polyline
and here are the short term targets (before 11th of May)
TP1 = 23.19
TP2=26.6
TP3=28.987
TP4= 33.5
and then i expect a nice correction on it
Just watch
EOS. Cloud Strategy Overview. Correction Part
Hey. Let's discuss the trend cloud. A week earlier in the paid signal group there was a signal on EOS Short. That the price is far away from both the equilibrium price and the cloud. Those who joined received 18%! Next was the reverse buy signal Intraday which gave it 17%. As you can see, the price found support in the cloud and bounced up. At the moment, there is a correction in the EOS, which means we can see another drop to the cloud. From there, I suggest you buy it. Also, I have my own paid signal group, so if you want to join, please contact me. Put likes and subscribe, so you will give me motivation and fight with my laziness. All the best
EOS coin at previous top! When it breaks, huge long potential!I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought Bitcoin, Bitcoin Cash, Ethereum, XRP-Ripple, ReddCoin, FeatherCoin, Adcoin ( ACC ), Bunny Token and looking for others every day! Bunny Token gave me good profit so far! I bought these in Pre-sale. I expect this is going to become huge!
Interesting coins, which I am looking to buy:
- EOS
- QASH
- Bitcoin Gold
Do you have some good tips for crypto coins? let me know!
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My strategy
My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence.
How do I decide to open a position or not? First I analyse:
- Sentiment on the market
- Own created indicators
- Moving-averages and Bollinger-Bands
Trading means investing. Sometimes you lose more than you win in the beginning of a period!
Don't forget to follow me, so you get updated when I post new analysis. Also read my account and the 'status updates' to be informed.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
Signal #8. EOS. Short Signal
I'll make 7-8 signals. You will appreciate the quality of working them out. And if it suits you, as well as me. I already create a ready signal service with a paid subscription of$ 20 a month. Agree tempting?And also as I and spoke training some their strategies and intricacies of....... provided
EOS. The trend continues
Since people liked the analysis of the EUR/USD pair, I decided to continue. Also pleased me the number of views. And so the short-term trend is still upward. This time I decided to conduct a quick wave analysis and the nearest targets. Seems to have formed a triangle or pennant. Goals for him marked on the chart. In General, I like it with my triangles. We are also in a bullish Andrews ' pitchfork. Breaking it will tell the beginning of the correction and the trend break.
If you like my ideas subscribe and of course put likes
EOS LONG POSITION TO 50% FIB RETRACEMENT LEVELThe crypto community is on a much needed bull surge towards 50% fib retracement levels. As a useful and usually accurate tool, these levels are supported by key price levels at previous tested levels. Given all of these considerations, a long run is expected to the 50% level, as stated above, with a solid 33% pip gain during this time.