EOS/USD SHORT SignalPrice broke down Triangle, it's signal that down move will continue.
I think it will move down because all Major cryptocurrencies is moving down.
I will open a Short after a pullback to $5.62
The goal is $4,25
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Eosusdshort
Potential EOS/USD short squeezeI did some quick maths and found out that most people shorted EOS between $7.20 and $5.30. The number of shorts in that period increased by 446%. Those shorts have currently decreased by 36%. There is still 44% to go (if shorts drop 80%, we would be at the same level as before they increased with 446%). That’s 4.1 million EOS worth of shorts that are still open from the period between $7.20 and $5.30.
Curious to how this will develop! Share your thoughts.
Eos Head & Shoulder Target Price $5.05 If it Plays outHey Guys, Hope you are all doing fine this is just for educational purposes and take it with the grain of salt.
If we break the neck line we will head to our target of $5.05. Also we have a support at target price as well.
it all depends on BTC the daddy if Btc drops then we will head to lower levels around $3.50-$4.00.
lets not go there for now and monitor closely for the right shoulder.
in this bear market normally H & S 80% of the time broke to the upside. so keep an eye it may go back up aswell.
Thanks for your time guys. have a good one.
This is not a financial advice!
May Allah repay us!
We're falling into the buy-zone! Update (EOSUSD, EOSBTC)Hello everyone
Today a small update on EOS. We will start off with the EOSUSD chart, then proceed to EOSBTC and then have a look at EOSUSDSHORTS/LONGS. Let’s get straight in to this!
EOS/USD
-For me EOS won’t go much lower than recent price-levels, I think that we’re falling in to buy-zone. Buy-zone for me is between 3.5 and 4.5. I chose this levels because it’s a very strong support level right there! If we go down to 3.5, that would be a decline of 25%, this is worst case scenario for me, if you are planning to buy EOS, do it in parts and don’t wait to the 3.5 level.
-Interesting: EOS went down one time to the oversold area in the RSI, now EOS is down to the 20-level. The last time we’ve hit the oversold area for EOS, we went up with 361% in one single month.
-Another thing that could happen is a creation of a possible reversed Head and shoulders pattern. A perfect left shoulder is created, if we go back up, the head and right shoulder could possibly follow. ( this indicator is pure a fun speculation).
-Risk reward: so as I said before, our first huge support line (in this case support zone) is between 3.5 and 4.5. Worst case scenario we go down to 3.5 and have a loss of 25%. If we bounce of in this area (which I expect), than our first strong resistance is at 9, which is a gain of 95%. This could possibly be an interesting trade.
EOS/BTC
-The first thing I always look at: is this chart creating higher lows? EOS does! This is a very bullish indicator! We constantly see higher lows, even after the bloodbath, if we can find support at anything above 0.0006, than we’ve created again a higher low, I’m very optimistic for EOSBTC if we stay above 0.0006.
-I’m not worried for EOS if we go further down, I only worried if we don’t find support in the pink area which is a very big support zone!
-The biggest resistance lines we have to look at are 0.001 and 0.0013
-Conclusion: we could certainly see EOS outperform BTC in the future!
EOSUSD/SHORT
-This is a very interesting chart! This chart shows how much people are going short on EOS. We can see that the shorts have got a rejection at 7500000. Now can go all the way back down, these chart is massive! This shows us the amount of people who are scared that EOS goes back up, if EOS goes up, then everyone who’d shorted EOS, got to buy EOS to restrict their loss. This green candle is one massive block energy to get unleashed sooner or later.
EOSUSD/LONGS
-So for the long chart I just putted a really speculative fact. We can see a clear pattern of 400% up, small downtrend, stability, 400% up, small downtrend, stability… the question is will this pattern last ( I really don’t think so, just thought this was a fun fact).
Love to hear your opinion on this!
DM's and comments are always welcome.
Leave a like if you appreciated it!
EOS - WHAT'S GOING ON? GET THE COMPLETE INSIGHT!EOS has been in a downtrend since long and the value has depreciated a lot in the past few months.
People have a love-hate relationship with EOS and it's justifiable too! xD
Let's check come important points here!
HIGHLIGHTS:
1> Broke out of the falling wedge on 16 July.
2> Approaching the end of the symmetrical triangle.(Which can break in any direction)
3> Getting resistance from the downtrend line established
in the begninning of May.
4> Getting support from the long term uptrend line established
in the end of March.
5> Critical support level lies in the 5.5-6 region. Below that it's gonna fall back to 4-region.
Alternatively, the upside potential is huge.!
Please take care to use indicators such as RSI , MACD , EMA etc. while trading.
P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal.
Invest your capital at your own risk.
Keep an eye out. Trade safely. Always remember, money not lost is also a profit.
Good luck trading.!
Peace.
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!
EOSUSD: very dangerous pointHello guys,
analyzing the biggest cryptos I would like to point attention out on EOSUSD: in my opinion price is close to an important watershed level.
In fact price is near the trend line supporting the bullish movement started from the end of October, 2017.
It represents an important supportive area: we can consider this level to around 7 USD and once the level is broken I think EOSUSD could shrink to at least 6 USD or even to 5.2/5 USD.
Volume increases only in correspondence to red candles and this is not a good signal; indicators are inclined to further falls.
To sum up:
if price breaks 7 USD----> 6.5 USD----> 6.2/6 USD----> 5.2 USD
***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
EOS, is it your turn?Hi Guys,
I'm back with EOS chart,again.
It's not problem if we had a very very huge Reversal patterns and signs in chart,Or my black arrows in new chart in favor of bullish triangle pattern,Just what BTC decide,is important.
Few time till now that BTC ruined beautiful patterns like iH&S,Bullish wedge,Cup and Handel and etc and will do it again if make another drop and will destroy this triangle with its pressure.Even with this potential triangle that can turn to a symmetrical one and make my red arrow,real with its continuation.So need to be cautious,like always.Trader is not cautious,isn't a trader.He is just a bad gambler.But id BTC walk in a right way,EOS can reach 11$ easily.
So i will update this idea as soon as BTC shows the answers.
Good Luck
Peyman A
EOSUSD is at a crossroadHello guys,
EOSUSD is in a very precarious situation. If prices are not able to rebound from the actual level, the likelihood is very high it comes back to around 6 USD. At the moment price is near the trend line supporting the bull trend started during November, 2017. It's a critical point. If we analyze EOS against BTC on a daily chart, we see it's in touch with the 200 daily MA, usually representing a strong support. The advantage to entry at this level is that the stop loss is very narrow and it must be put under 7.3 USD.
Indicators and volume point out a possible fall because the firsts are set to go down instead volume is quite low, showing poor interest.
If EOSUSD is able to react is possible to see it back to 9 USD in brief time, where passes the upper trend line linking the highs descending from the hystorical top. But if it breaks 7.3 USD (S1) is likely to find it at 6.4 USD (S2) as first level and then 6/5.9 USD (S3) (in my opinion, at the moment, the most probable scenario).
To sum up:
- if it breaks S1 7.3 USD----> S2 6.4 USD----> S3 6/5.9 USD,
- if it's able to react from current price of 7.53 USD it can come back to 9 USD.
***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
EOS - Short to $8The last two short trades posted by me have been really profitable.
EOS had nice a little pump on the main net news.
I still think it has one more wave down before we see a strong bounce on this as well.
BTC is also expected to dump soon so EOS can be a real good shorting opportunity from up here.
Target is around $8.
EOSUSD at a critical pointHello guys,
EOSUSD seems to be at a critical point: in fact this level, about $9.70, could be a good point to enter or a level for a new negative impulse.
If we think could start a rebound, even if in my opinion this scenario has a little chance, this point could be a very good entry point, considering at this level passes the 200 daily MA and a statical support. The stop loss could be set at 30/40 cent from this level and the first profit level could be set at $10.50 and then $11.40
On the other side, if prices would be so weak to leave this area it could fall to $8.
All indicators shows weakness and are not set to a durable climb even if a little recovery can't be excluded.
***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
Jordan's long-awaited return. Complex correction, first Time..
Hi, everybody. In past ideas, we have received more than 30% profit. All this time I watched the market and also traded. I have to say caught a few stops. This situation is so new and amazing for me that I immediately overcame my laziness. Thank you guys for asking for personal messages, but I was also busy. Many traders in my closed group have seen my analyses since then. But I'll give you an announcement. I will make this group open and free for everyone. Only my tests will be published there. Analysis in TV there are a few to decrease. No signals and webinars, training there will not immediately tell you. I will open a group probably in a month. Successful trading. And by the way, about the analysis itself. I'll give you a gift and tell you right away. Join the long after the breakdown of the line X-X. in gratitude, you can subscribe to me and of course put likes