EOSUSDT battling the 8W SMAEOS is awn Alt that I continue to HODL while questioning if I should give up on it on the next pump. It seems it is not getting any publicity and very much hated, due to fundamental shortcomings. However, from the technical perspective here is my impression.
As Bitcoin went on a mission setting a new ATH after testing the 20W SMA at 40k back is Sep, most Alts bled in their BTC pairs without any realized profit in their USDT pairs. But where are we now?
1) EOS is below the Ichimmoku Cloud => no strength to the upside.
2) EOS Ichimmoku Conversion Line is above the Base Line => long signal
3) EOS is still battling the 8W SMA => no strength to the upside.
4) EOS RSI is still flat and below 60 despite breaking out of the resistance => no strength to the upside.
I remain bullish for the whole market, I remain bullish for EOS... but till the indicators above show some strength, EOS will continue to go sideways.
If you are a HODLer, there is no harm in accumulating. If you are a leveraged trader, you are better off going long after BTC's pullback.
Eosusdt
EOSUSD end of year bullish breakif price can get above this yellow trend line of resistance i think we will see EOS capture previous highs of the year.
and depending on how mad the bull market gets, bitcoin can really pull a lot of the alts USD value.
buy the break and retest of this yellow trendline. was super bullish on EOS earlier this year but until it proves otherwise, not sold on new ATH this year
EOSUSDT - Take entry here is great!BYBIT:EOSUSDT
4H trend chart
-
EOS just broke out the upper downtrend line in 4H chart
If price can keep breaking out this downtrend line without long upper shadow line in 4H chart
It's a nice timing for entry, and trading strategy as below
Here we can gain good R-R ration around 2
-
Profit Targets:
a) 5.071---Fib(1)
b) 5.462~5.620----Fib(1.272~1.382)
c) 5.789----Fib(1.5)
Stop losses:
a) 4.386-----Red horizontal ray
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
EOSUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you see, the price is fluctuating within an uptrend channel and currently, the price is fluctuating close to the bottom of the channel.
If the trend does not enter below our support line and can break the resistance line ahead and stabilize above it, we expect it to reach the ceiling of the channel.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
EOS broke our and ready to fly#EOSUSDT
$EOS broke out from long term resistance, that was upper line of falling wedge pattern too. price is above support zone, and it is possible to have more drop to lower line of this zone to confirm the resistance as support. then head up toward first resistance zone around $6
a break above this resistance can lead price to touch a zone between 0.5 and 0.618 fib of AB swing down, which is a golden zone resistance.
Is EOS dead?Bitcoin weekly candle close is approaching to set a local higher high, pulling Alts up along the way.
But what's up with EOS?
1) EOS still didn't break the 0.236 FIB R from May 19th dip!!!
2) the 4H RSI chart is showing hope, but still no breakout on the 1D RSI.
3) the Ichimoku cloud and signal are confirmed on the 4H chart but far from it on the 1D chart.
So what is in the cards for EOS?
1) A break from the 0.236 is a must for a start that will coincide with the Ichimoku, hopefully.
2) either EOS will be a very late boomer, or it'll start pumping massively outperforming the market at a certain stage as it did occasionally in the first half of 2021... yet, none was sustainable. It acted more like a PnD coin than having a clear TA path to make sense of.
EOS is another Alt that I am betting hard on... Fundamentally it is a very solid Alt, yet to be judged this cycle.
EOS Bullish & Breakout confirmed !
⏳ Spot
💎 EOSUSDT has formed a Bullish Flag .Waiting for EOSBTC to Breakout . The price has broken above the flag and the resistance line on EOSUSDT . The price will go up to reach the TPs .
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 4.6
☕️ TP1 5.48
🍺 TP2 6.00
🍻 TP3 _______
🍾 TP4 _______
🍷 TP5 _______
🍸 TP6 _______
🍹 TP7 _______
🎁 TP8 _______
🚫 SL 4.16
Good Luck 🎲
EOSUSD - Close For BreakoutHello everyone,
Considering that $80,000 is still in play for Bitcoin, I am looking for Alts Markets buying opportunities also.
EOS already prove that is a resilient project in this field, and, with most awaited Bullish Global announcement by Block One, we can find the price of EOS at a decent level on ~$20.
This is not a trading advice,
St.Gex
EOS has broken its downtrend line. Get ready to fly! EOS has broken the downtrend line in his four-hour time frame. We can enter into a deal with this trend line.
It also broke its own RSI trend line in the four-hour timeframe.
So we can be more hopeful about determining its direction. Look at the Fibonacci chart as well. We have a long way to go to 61.8. This can be much more hopeful.
While we are exactly on MA200.
Just remember, this is not a financial recommendation for you, and I analyzed this chart to the best of my knowledge and spirit.
Be profitable and successful.
Eos (EOS) - October 6Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(EOSUSD 1W Chart) - Mid-Long-Term Perspective
Above the 2.8250 point: The uptrend is expected to continue.
Above 6.4053 point: Expected to create a new wave.
However, the trend is expected to change depending on how it can break through the psychological resistance section formed in the 8.1435-9.0500 section.
(1D chart)
Volume profile section: 2.8250-6.4053 section. (It is formed over a fairly wide section)
Resistance section: 8.1435-9.05 section.
It is expected that the trend will be determined according to how it deviates from the volume profile section.
If the BTC price rises to the end, it is expected that circulation pumping will start as a priority among alpcoins.
If not, you will most likely be promoted to a lower priority.
I think the resistance zone is actually a psychological resistance zone.
Therefore, if there is a sharp uptrend, it is expected to break through the upwards immediately.
However, whipsaw may occur, so you should think about how to deal with it.
------------------------------------
(EOSBTC 1W Chart) - Mid-Long-Term Perspective
(Enlarge: )
I need to see if I can keep the price above the 0.0000856 point.
If the price is maintained above the 0.0001470 point, it is expected to turn into an uptrend.
However, we expect it to rise above the 0.0003040 point to continue the uptrend and create a new wave.
(1D chart)
It is necessary to check if there is support and upward movement in the 0.0000856-0.0000979 section.
If it declines from the 0.0000856 point, the CCI line is expected to drop below the -100 point in the CCI-RC indicator.
Such a move could lead to entry into the mid- to long-term investment realm, requiring careful trading.
However, it is possible to touch the support section formed at the 0.0000736 point and rise, so you need to think about how to respond.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)