Eosusdt
EOSUSDT After Pullback Can Go Higher
Welcome back Traders, Investors, and Community!
EOSUSDT on H4 in the Bullish channel might have a pullback before it goes up
⬆️Buy now or Buy at 4.07
⭕️SL @ 3.76
✅TP1 @ 4.4
✅TP2 @ 4.6
✅TP3 @ 5.0
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a Profitable Day
Birth of the Eos foundation.The Eos foundation is incredible news to pair alongside the Bullish eos chain built exchange and it also came at the best time possible technically.
Before this I was expecting another 4-6 week retrace, but now I see Eos using that news, the cloud giving back support and we Could potentially see 6 dollars in the next 4-6 instead.
Great long position here.
EOS/USDT Continuation Pump in PlayEos severely underperform btc's recent run-up from 30k. Coin often laggard to most of the market and likes to pump in moments of btc instability. Increasing position down , with tight stop loss in mid 3.80s I expect this to play out in the coming days. Goodluck , this is my personal opinion.
EOS/USDTEOS is currently in a strong uptrend, whether or not the resistance is broken, depends, amongst other factos, on bitcoin breaking 42k. I've made different tp:s based on volume, momentum and trend. You may use this as a guidance to your investing strategy. As you already know, there's a descending wedge on the weekly time frame, which favours EOS/USDT.
EOS Midterm trade 229% profit plus long trade Mi term and long term trade set ups for EOS.
Buying now would not be a bad idea, the price action has already popped out of the falling wedge consolidation pattern which is a continuation pattern. If we are going up and we break out of a continuation pattern to the upside you should consider the most likely price targets will be in the same direction of the over all trend.
In this chart I have charted a mid term falling wedge pattern bringing the price to $12.51 and a longer term trade of a rounded bottom to the price target of $28.60. The mid term target will be hit between 1-3 weeks, the long term target will be hit between 2-5 months.
Eos Sideways action for a while or if BTC drops Eos will drop out of this area and potentially sit in 2 dollar channel again.
Lots of fud against Eos, but Eos spreads lots of bs.
Bullish may come to fruition or it may not and whether that actually aids EOS is up in the air.. Either way it's a really Risky investment, but nothing ventured, nothing gained. I think Eos doesn't see ATH anytime in the next year, we stay below $15 and that's the great outlook. Keep your bag, but bag more from other projects in the space that will go 20,30,40,50x vs Eos 3-4x.
EOS entry setup, Long or Short?All the market is in bearish phase but I draw both LONG and SHORT scenario for U.
EOS is moving in a big channel and for now EOS has made a wedge pattern which u can take position based on wedge pattern breakout.
See the chart for full details.
Note that u must enter after breakout and in Re-test or pullbacks
Your Likes and Comments are the best thank u
GOOD LUCK
EOS - Trade SetupEOS is also Neutral.
Right now that I'm posting this chart, I can feel the market is going through a little correction. The lower Bollinger is pushing the price up.
Also those 2 support areas can hold the price up. if you're into opening long positions, here is a setup for you.
Wait for the price to cross that resistance area and right after the closure of the first 4H candle above that line, open your long positions and aim for that TP.
I'll keep this chart updated.
Current Market Price: $4
Good Luck
Tell me your ideas. Like and Share