EOSUSD: Analysis using Ichimoku 04/07/2020H4
On D1, the cloud is directing downward, indicating a downtrend. The price also reached a downtrend line.
Conclusion:
Locally, we recommend selling when the RSI reaches an oversold level on the H4.
H1
At H4, the cloud is directing upward, indicating an uptrend. A divergence has formed between the price and the RSI indicator.
Conclusion:
Locally, we recommend selling when the RSI reaches an overbought level on the H1.
Eosusdshort
EOSUSD:Analysis using Ichimoku 05/06/2020H4
EOS price is trading above the Ichimoku cloud, indicating an uptrend and the possibility of buying at the cloud.
RSI is clearly overbought, and divergence is formed between the price and the oscillator.
Conclusion:
It is worth considering sales.
H1
The price broke through the rising channel and rise to the upside channel.
RSI at the overbought level.
Conclusion:
Great place to sell with stop loss at 2.9
Good luck!
EOSUSD Where You can short ! EOSUSD short levelEOSUSD
Short if price can't break the trend resistance along with pivot resistance !
>>Waiting for entry!
Entry Price : 2.71__
Exit Price : 2.53__
Profit Target : 6.50% + (6.50% * 2X Lvg. = 13% Profit)
Stop : 2.25%
Expected time to make the target is 2day after taking entry.
EOS kickin ass & chewin bubble gum...and it’s all out of gum!
Published on mobile -- edited on web client sorry if chart came out distorted; check comment for re-posted intended/accurate chart
Green lines represent TP 1-3
Blue line is S2/Pivot
Timeframe: Short-Mid
Volatility: high asf
Risk/Reward: 45/55
Disclaimer
Note: This is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP, SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form.
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EOS H&S IdeaEOS can be seen to be showing some bearish movement, following the formation of a H&S pattern, this comes after a inverse H&S also formed. This can be seen to also be occurring on the BTCUSD pair. The alligator can be seen to be eating bearishly and green line will most likely be rejected at the pink line, while more bearish action takes place. A return to a previous resistance turned support is likely. Bear flag also present! Don't wait for lower prices, go long in a market like this. Very unpredictable. For margin, leverage traders.
ridethepig | Covering Some EOS Here...On the EOS side, after testing back above 5.00 over the weekend local crypto exchanges were aggressive sellers of EOSUSD throughout the session, using rallies as an opportunity to cover. As short-term flows calmed, international inflows also resumed. On-shore Chinese demand continued to be buyers of EOS around 4.75 yesterday, but the sizes were a lot smaller than the past two weeks.
The original portfolio position is +155% so there is no harm in taking some chips off the table. For those tracking the original entries:
Risk markets are trading more positively, I continue to think the downside remains a buying opportunity in EOS, local exchange bids will limit the downside towards 4.50. A good opportunity to cover some and recycle at the lows aiming for the initial 5.00 highs from Saturday which is the first resistance to watch in order to unlock an impulsive leg towards 7.50.
On the BTC side we remain in the same flows, with the same drivers:
As usual thanks all for keeping the likes and comments coming!
EOS/BTC TA Update (Parabolic Move Up?)EOS/BTC
EOS still on a strong uptrend or let me say parabolic move up. The next target to the upside is between 5500-5800 sats area.
The RSI has not weakened yet, So I'm guessing there is still fuel left before it will top out. I do not suggest to open a Long position but instead,
wait for the right timing to open a small short position when daily consolidation is on the way.
ridethepig | EOS Market Commentary 2020.01.31EOS also approaching first targets in the swing at $4.5 area as highlight previously. Some minor profit taking is expected on the cross but buying dips remains the preferred trade. That said, I don’t think there will be a prolonged, hard sell off. It’s not very inspiring but as long as EOS remains a funding currency patience and opportunism is the order of the day.
Bull's next move sees the swing materialise into an impulsive nature, for the threat is now an advance on the initial target at $4.50 at the right moment and extensions at $7.50. At the point where the swing was created will see defence return and absorb the momentum break, and is therefore logically linked to profit taking.
In the above flow, bears could not make good use of the channel as an attacking instrument. Buyers took full advantage of this, and I would consider the skeletons in BTC and LTC as totally identical in their characteristics.
As usual thanks for keeping your support coming with likes, comments and etc!
EOS/USDT TA Update (Bullish Uptrend?)EOS/USDT
EOS confirms new support at the 200D MA regions and has now entered the $4 resistance area again.
As long as EOS can maintain above 200MA for the next couple of days,
we can expect the price to reach up to $5 regions provide Bitcoin's action will find consolidation or skyrocket to 10k dollars.
ridethepig | EOS Market Commentary 2020.01.20A funny weekend for Cryptos. Profit taking across most major coins which is only natural after such an impressive advance. BTCUSD spiked to above 9,000, just shy of the 9,200 pivot. EOS has been reacting to the increased purchases of LiquidX. Price settling back towards the highs here and a healthy target at $4.50 seems appropriate to me, especially given how we are already +72% in the previous units.
The market will start to get worried about becoming overstretched, soft hands are closing as we head into February, but there is a window for a major breakup here with many underestimating the Crypto inflows over the next couple of weeks I think.
I recommend to stay long EOS. GL all those trading today.