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
Eosusdt
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
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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 .
+100% already since our call ,,, what for now ??just before EOS fly we posted a call under $6 saying one only target that we r sure of which is $10 region ( idea link below the article in the related ideas section )
Not just that, we also made an update after this with hours advising to sell now portion at $12 -$13 and buy under10$.
what happened from hours that EOS touched 9.60 area and reversed from there.
congrats to all of followers , hope you are enjoying n making decent profits with our signals.
n for now, we can see that our $10 target flipped to support and it holds till now which is great indicator for moving up.
however there is a small possibility to get lower than this again if btc jumped dramatically.
As long as BTC.D is falling, Eos will be flying more n more
Targets n stop loss on the chart..
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Parabolic Curve pattern idea for $EOS USDTThis is a personal research and idea for investment. DYOR and TIT...
This is $EOS coin against USDT pair on a daily chart .
ABBREVIATIONS
Parabolic Curve Theory ( PCT )
Price Action (PA)
BTC ( Bitcoin )
T/K (Tenkan/Kijun Blue/Yellow lines)
:::DISCLAIMER:::
This is a long-term pattern that probably will develop exponentially growing price action as it starts to close. It seems consistent to PCT as we get higher highs and posterior ranging at key Fibonacci levels and there's also a sub-base 1, midway to the .236 fib (base 1 or .b1).
See as .b1.1 or as like I call it, sub-base 1 is touched at mid-height from the base of the Parabola to base 1 (.b1)
As I'm looking at this chart and describing my idea I'm very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action wonder outside the confines of the pattern invalidating or at least demanding a reassessment of the idea.
TIME/PRICE PROJECTION
Pattern start: Late-Jan 2021
Estimated end: Q4 2021 (5 months from publishing)
Price tag at time of publishing: 10,3871USDT
Expected price tag at end of pattern: 25USDT
Safe trailing take profit area: I will assess this as the pattern develops.
TECH INDICATORS
Ichimoku indicators:
-Bullish Kumo cloud.
- Span A and B flattening suggests consolidation period.
- PA above Kumo, bullish sign.
- Bullish T/K crossup 5 days ago from this publishing is also bullish.
- Chikou lagging span far and high.
- Parabolic SAR indicates bullish trend.
Trade at your own risk...
NEWS CATALYSTS AND BTC VOLATILITY
No major news upcoming this year related to coin.
Seems affected by BTC dips.
EXPECTATIONS
I expect a completion of the pattern if BTC doesn't pull PA out of pattern. If it does, this idea may need to be revisited.
$EOS at least at 25USDT price tag within months from now.
FINAL NOTE
Drawing may need some minor adjusting as the pattern develops.