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Eosusdt

EOS - 12h. Is the correction still incomplete?Hello colleagues! It's time to update our EOS coin idea. The target of our previous idea has fully worked out and the price of EOSUSDT tested the range of $8-8.7 : In this range, buyers met resistance from sellers and an aggressive counterattack. In just 1 day, the price of EOSUSD fell by 30% , stopping in the range of $5.4-5.9 . Since then, starting on April 18, the EOS market has stalled in consolidation. Looking at the dynamics of the price movement, one gets the impression that the correction of the growth wave from March 25 has not yet been completed. The chart also shows that buyers were unable to accelerate the rise in the price of EOS and go beyond the black channel. If we look at the weekly timeframe, we see that sellers have good potential to continue the price movement down to $4.3: On the weekly timeframe, you can clearly see that the last two candles on large volumes were closed with pins up. This fact signals a global sell zone in the range of $8-8.7 . The history shows that the last time the price of EOS was in this range was in May 2019. It was from this range that the global wave of decline began with a duration of 270 days. Given these facts, we do not recommend buying EOS now . It is important to monitor whether sellers manage to break through and consolidate below the range of $5.4-5.9 . Weakness of sellers in this range will give buyers a new chance to break out of $8-8.7 , otherwise we would expect the price of EOS to decline to $4.3. P.S. After testing the range $5.4-5.9 , we will update the idea. Therefore, like and write comments, so that you will receive a notification about the update of this idea! ________________________________ 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!
by P_S_trade
34
EOS - 6h. Buyers prepare for 50% growthIn fact, the month on the EOS market was completely calm. After the previous wave of growth, which ended on February 14, market participants saw a bright 40% correction. After these active actions, the price of EOS began a prolonged consolidation on the lower volumes . A new wave of growth began on March 31st. It was at this time that the situation on the BTCUSDT market came to a standstill. The dominance of BTC began to fall , the price began to consolidate and try to correct. Taking the opportunity, the EOS market grew by almost 50% in 4 days . Most importantly, the prospect of continued growth in the price of EOSUSDT still remains. If we look at the 3-day timeframe , we can see that high volume buyers attacked the liquid range of $5.4-5.9: This range has been under the control of sellers since February 2020. Considering at which volumes the buyers attacked this liquid zone, their intentions are serious. For greater confidence, we will expect a retest of this range and a set of a new position in the form of consolidation. If buyers manage to keep the price of EOS within this range, we will expect the continued growth of the EOS market to $8.5-8.6 Losing control over the range of $5.4-5.9 will diminish buyers' chances of continued growth, but will not completely cancel out. In this case, we will expect a price correction to $4.2-4.3: ______________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
25
BULLS ARE BACK FOR EOSGreeting from IRAN to whole trading community 💙✔ EOS is moving through an ascending channel since 31st March Price has risen more than 100% in about two weeks (4$ to ~8.5$) EOS has achieved a new ATH , which dropped the price to the bottom of the channel We were witness some reversal signs in that point but it was the time that MASSIVE SELL-OFF happened in market and CRYPTO MARKETCAP lost about 20% of its value in a short time After that we saw some signs of support and BULLS brought the price back above 7$ This level is a major support level now for EOS If EOS could back to the channel , higher targets will be available KEEP IT SIMPLE :)
Long
by nima-mohammadkhani
6
EOSUSD Buying Setup PlanHello everyone, if you like the idea, you can support with a like and a follow. EOS took a great hit today but it might be ending. The plan is buy the purple area (bottom of the channel). But be very carefull if we lose this level and dip below the lower trend line of the channel. In a bloodbath situation like this the target is 3.6$ Don't forget to protect yourself with proper Risk Management. Information provided is only educational and should not be used to take action in the market ! Feel free to ask anything in the comments or send me a message ! Thank you for reading my post, have a great day !
BYBIT:EOSUSD.P
by AM.98
25