EOS: 2 patterns (#1 BAT, #2 Gartley) which one will play out???EOS has had a 200%+ move up in the last month. In this video I discuss why it could be time for a pull back and how to safely get short to take advantage of a retracement.
There seem to be two patterns forming up. The first is a Larger BAT pattern which i discuss first, then i move to the smaller Garltely setting up and discuss how I will use either pattern to get short.
Jump to reference points:
0:20 EOS April to May move 200+ %
1:05 Missed weekly & monthly central pivots pointed out and discussed
1:20 Discuss why i dont get long when missed pivots below price
2:00 Good time to get long? I dont think so
2:30 Pattern #1 BAT discussed
3:00 Patter # 2 Gartley discussed
4:00 Potentially getting short, entry, stop & R:R
5:40 Trade management & Price targets
6:15 price exceeding R3 with a missed central pivot
6:50 Summary of both patterns
9:00 how Bitcoin could influence EOS to head lower
Ill update once one of the patterns completes.
Eosusdshort
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 - Possible Retracement? C&H or Elliot Wave Correction?Welcome everyone, hope you all are doing well.
As we all have seen, EOS had a great rally in the last 2 weeks. It went up from $6 to around $19.5 and we all had made a great profit during this run.
I am looking at a possible retracement now levels now to open a short position and then maybe a potential long position later. A retracement is always necessary for a healthy flow of the market.
IMHO, EOS can retrace either following the abc correction of EW(if a made a correct count) OR a cup and Handle formation OR a Head and Shoulder. Either way, it should correct soon.
Let's see some key points:
MACD is showing Bearish Divergence.
RSI is moving into overbought region.
Bullish Momentum is decreasing as per ADX and DI.
Possible Retracement Levels:
$15.88
$13.58
$11.73
$9.87
It may rebound from any of these levels depending on the interest of Buyers.
I am not saying that it will definitely fall or retrace because it depends on BTC too. If BTC keeps going upwards and then consolidates, then EOS is gonna catch up too. But you should always keep in your mind this possibility of retracement.
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.
ESO Rally coming to an End?Welcome everyone, hope you all are doing well.
As we all have seen, EOS had a great rally in the last 2 weeks. It went up from $6 to $16. I think it's time for a reversal now. I may be wrong and it may not fall, but i want you to know that it is one of the possibilities because it never really retraced on a longer time frame.
Let us see some key points:
*RSI is overbought and showing signs of reversal.
*MACD is showing early sign of reversal.
Possible retracement levels:
(1) 0.786 - Around $13.88
(2) 0.618 - Around $12.15
(3) 0.5 - Around $10.92
I am not saying that it will definitely fall or retrace because it depends on Bitcoin too. If BTC keeps going upwards and then consolidates, then EOS is gonna catch up too. But you should always keep in your mind this possibility of retracement.
P.S: This is not an investment advice, and i am just learning. This is for educational purpose only. Invest you capital at your own risk.
Those who wish to achieve greatness,
never seek for permissions.
They follow what their heart says,
and do what their mind states!
Good luck trading.!
Peace.
Signal #8. EOS. Short Signal
I'll make 7-8 signals. You will appreciate the quality of working them out. And if it suits you, as well as me. I already create a ready signal service with a paid subscription of$ 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 overactive pump = SHORT for correctionEOS has seen a massive pump, with MACD slowing down I have gone short expecting a correction - also with BTCUSD pumping towards ATH we may also see money flow out of Alts furthering the short - tight stop as the rocket may continue but we should know in an hour or two imo..