EOSUSDTEOSUSDT is Bullish.
Its going to retest 15$.
Follow me , Stay tuned , I will Update Chart in next days....
Comment your idea and send this chart to your friends ;)
Eosusdt
EOS - 6h. test of $10 and continuation of the correction?A fairly promising rise in the price of EOS , which consisted of two powerful waves on May 5 and May 11, began its correction. This correction was our main scenario , which we wrote about in the previous global idea:
As well as under the VETUSDT or TRXUSDT ideas, many positive-minded traders expressed their negative on our corrective forecast. Nevertheless, we publish our thoughts, regardless of whether others like it or not.
In this case, in the EOS market, we have witnessed how short-term the news is working out . As we remember, on May 11, news came out that the Creator of EOS will open its own crypto exchange. For two days, the price of EOS was actively growing and it looked spectacular on large timeframes.
However, if we analyze the growth on the 15 minute timeframe , we see that someone systematically unloaded their positions and left a trail in the form of hairpins up:
Our opinion is confirmed by the following trading days, when buyers were unable to keep the price above the range of $11.5-12. Already on May 13, most of the growth momentum was absorbed by sellers. This fact confirms the opinion that the news can strengthen the trend movement or become a good trigger for the start of a strong movement. However, only when the market is ready for it. Otherwise, the news is rather short-term.
At the moment, the price of EOSUSDT has stopped at the range of $8-8.5. If we analyze the history of EOS trading, we can see that this range was quite important in June 2019:
As you can see, it was after the unsuccessful breakout of this range that the EOS price continued its protracted downward trend. Therefore, we expect an attempt to consolidate buyers above the range of $8-8.5.
The critical point that will decide the next medium-term EOS price movement is at $10 . At this point, we will see how strong the buyers are and whether they are capable of continuing to rise to at least $12. A weak local wave of growth will give a strong signal for the continuation of the fall in the price of EOS to the range of $5-6 .
Therefore, at the moment we expect:
1. price fixing above $8-8.5
2. Test $10
After meeting these targets, we will create a new short term idea for EOS.
P.S. A negative scenario in the EOS market will be possible if we see a downward breakdown of the consolidation triangle on the EOSBTC chart :
________________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
Eos play scenarioThere also could be a head and shoulders forming which would drop this to the 6 dollar area.
If BTC continues down and hits the cloud at 37k area expect this to hit 5.50.
EOS Fractal ideaDepending on how bitcoin performs over the next couple of days, I expect EOS to follow for now. When BTC stabilizes EOS should be outperforming BTC based on EOS/BTC chart. Elongate has slightly damaged our upwards momentum but I feel we should be back on track within the coming weeks.
I expect EOS to hit $16 by next week if we have sufficient volume, this will be my first TP area
If EOS goes above $16 then ATH is imminent
If EOS bounces, current major support is the bottom of the channel around $10. Another major support is around $8.70-8.85 price range
DYOR and pay close attention to BTC
EOS CRYPTOCURRENCY ANALYSISEOS rebounded from uptrendline with bullish movement
Price is based above key level at 8.7682
MACD shows weakness in bearish momentum
we r waiting price to break corrective downtrendline and exceed next resistance level at 10.1890 to open long trade
It's expected to target level 13.0000
Good time to buy EOS ?I think EOS stand out strong against BTC which means EOS can go higher at this trend line point. In addition, there is two crossing support under and which is supporting our idea.
Wait for the breakoutHello every one, here I have shown you that how I see this pair. This is not a financial advice. It is just for educational purposes. Feel free to share your views on this idea below. By sharing our views both of us will learn something new.
EOS getting ready to hit 22-23 USDEOS remains super bullish. Once the market digest yesterday's dump it's going to be interesting to see how this plays out.
My long idea is that we're aiming those highs ( if not even beyond ) IN THIS MONTH.
Do your own research due diligence.
eosusdt can increase the priceAccording to the pattern of the flag and the positive divergence seen in the downtrend, it can go up to the specified range, provided that the overall market situation is good.
Altcoins Update: EOS; the awaken beast!Volume and Price action shows:
Target 1: 28
Target 2: 63
Target 3: 100
P.S: Anything I say or do, should always be taken with a pinch of doubt. You might make or lose money based on my opinion, but you are solely responsible for your own actions. I am not your financial advisor!
Weekly BREAKOUT or “Fall in love with 10.5… $” again ?As you see, we have strong Levels in Monthly and weekly chart. The first point of view is that "if Monthly candle closes upper than the highest level” , we could see higher levels in the future. I tried Gann Fans and it seems that we have targets about 20.58 ... or more. Anyway, about last night we saw strong resistance to weekly trend line.If we focous more, like in daily and 4h timeframes, we could see range on the top of the "Monthly highest all the time" area. I have 2 point of view: 1. We could buy on 10.5 and 9.8 and gain 30 to 50 percent again 2. We could wait untill we see strong Weekly trend line break out and buy in the pullback. trendanalysis gann beyondta eosusdt eosusd priceaction elonmusk profit 51 BO nanamente
Eos, monster is awake.Its not a financial advise, DYOR.
Probably gonna test 11.000$ - short term
First Target 13$, once its broken then we are flying
1) $15,623,255,877 Volume in 24h
2) $10,877,908,733 Market cap
Block one and prominent investors launch Bullish Global with $10B in funding, and announce the 2021 launch of new cryptocurrency exchange, Bullish.
Goodluck and enjoy.
Always use S/L
Feel free to leave a comment!
Weekly Brakout or “Fall with 10.5… $” again ?As you see , we have strong Levels in Monthly and weekly chart . The first point of view is that “ if Monthly candle closes upper than the highest level , we could see higher levels in the future . I tried Gann Fans and it seems that we have targets about 20.58… or more .
Anyway , last night we saw strong resistance to weekly trend line .
If we focous more , like in daily and 4h timeframes , we could see range on the top of the “Monthly highest all the time “ area .
I have to point of view :
1. We could buy on 10.5 and 9.8 and gain 30 to 50 percent again
2. We could wait untill we see strong Weekly trend line break out and buy in the pullback .
