EOSUSD: from a risky point to a good entry point?Hello guys,
following EOSUSD during these last days I'm convinced this could be at a good long entry point.
I know it's exactly the opposite I wrote one week ago but I did't expect all this resiliency against BTC. In fact, if we also analyze EOS against Bitcoin we realize how EOS is leaning on the 200 daily MA and this can facilitate rebound of price. So if we buy EOS at this level against USD or BTC, we have in both cases, small stop loss but interesting bullish target.
In case we buy EOSUSD stop loss must be set around 6.8 USD, with a potential loss of about 4.5% but with a possible first bullish target to around 7.75 USD or 8.6% of gain. In my opinion is a good risk/reward ratio.
Volume is not particularly exiting, but we also to consider volume of general market is particulaly low also due to the part of the year.
Indicators on both charts are set to support a possible bullish movement.
To sum up:
if we buy EOSUSD at 7.13 (current price)----> TP1 7.70/7.75 USD----> TP2 8.1/8.15 USD SL 6.8 USD
***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
Eosusdtechnicalanalysis
EOSUSD to touch the trend-line then shoot >250pipsEOSUSD is closing a deciding are where it will either continue the down trend or bounce back up. The ket support and resistance are in line for the moment, however the yellow trend can be broken at the 4th attempt just like the previous uptrend. It will be interesting to see EOS shoot up for a few hundreds of pips then it probably reverse back and head down the same way other Altcoins are doing now.
I am looking forward to hear your opinions about this idea!
EOSUSD: very dangerous pointHello guys,
analyzing the biggest cryptos I would like to point attention out on EOSUSD: in my opinion price is close to an important watershed level.
In fact price is near the trend line supporting the bullish movement started from the end of October, 2017.
It represents an important supportive area: we can consider this level to around 7 USD and once the level is broken I think EOSUSD could shrink to at least 6 USD or even to 5.2/5 USD.
Volume increases only in correspondence to red candles and this is not a good signal; indicators are inclined to further falls.
To sum up:
if price breaks 7 USD----> 6.5 USD----> 6.2/6 USD----> 5.2 USD
***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
EOS - MOVING INTO BUY ZONE, BULLISH DIVERGENCE!EOS has been falling 6 June. The price has depreciated by 52%. At the moment, EOS has found support around 100k satoshi level and had a good rebound.
EMA(9) smoothed over RSI has generated a Buy signal on 4-H TF.
A look at the MACD:
Currently, it is moving under EMA(26).
Moving closely to EMA(12).
The first profit taking target can be 0.236 Fibonacci level. The Risk/Reward ratio is: 5.43 which makes this trade a really great one.
You can wait for it to break the resistance of the wedge too before opening any longs.
(I can post the chart with in depth analysis using indicators if people need it, but as for now, this should suffice.)
P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal. Invest your capital at your own risk.
Keep an eye out. Trade safely. Always remember, money not lost is also a profit.
Good luck trading.!
Peace.
EOS UPDATE.1Traders,
Here we have EOSUSD 1D chart.
Previously in the last idea about EOS perfectly predicted lower levels.
The equal ratio is too perfect to be established here even it's a wide date range.
Kindly you can check the idea here below:
Having 24 bars, 24 days to reach the crossing DMI, But this is Gann's.
having cross today for the 1st time and breaking the bearish trend with perfect touch of the main bull trend from bottoms.
I can talk about this perfect chart all day, But in summery everything says that we have TP:23$:25$
Note: it's a humble vision and and a good chance for me.
Like will be appreciated.
Regards,
Mohsen
#EOSUSD 4 Hour Timeframe: Can The Rally Sustain? Hi guys,
Today I have brought you EOSUSD in the 4-hour chart.
Since the last move higher EOS is still in a sideways structure. The crypto is nearing to break out to the upside. However, a breakout higher still needs to be seen. Ideally, it should now pullback to the 23.6-38.2 retracement area before the last move higher can be seen.
I have drawn you 2 possible scenarios. The black one is the ideal one. We should get a new high and a pullback lower and from that area, it will decide whether it makes a new high or it continues its downtrend lower.
The second one is when the crypto does not make a new high (redlines). It can fail at the resistance area and start moving lower again. But that needs to be seen at this stage. Hope this helps.
Cheers and trade with care
Disclaimer : Trading is about going with the highest probability, nobody is 100% right and we need to protect ourself in case we are wrong. That is why we need to always use a stop-loss when trading. Trade with care. This my current view, and any view present is not a trading recommendation just personal view.
Very interesting point for buying EOSUSDHello guys,
I think it could be very interesting buying EOSUSD because it's breaking a descendent trend line, starting from hystorical highs, and the 200 2h MA.
Volume is rising.
If EOS is able to remain around 8 USD (R1), better above, at the end of this 2h candle we can buy it putting the first target to 8.30 USD (where we find a first weak resistance), even if the real target is around 9 USD (R3), near the next important resistance. Stop loss must be set at 7.68 USD, representing a good risk/reward factor.
Indicators support a possible bullish trend.
To sum up:
Buy EOSUSD if closes above 8 USD at the end of this 2h candle R1----> R2 8.30 USD----> R3 9 USD Stop loss 7.70 USD
***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
EOSUSD at a critical pointHello guys,
EOSUSD seems to be at a critical point: in fact this level, about $9.70, could be a good point to enter or a level for a new negative impulse.
If we think could start a rebound, even if in my opinion this scenario has a little chance, this point could be a very good entry point, considering at this level passes the 200 daily MA and a statical support. The stop loss could be set at 30/40 cent from this level and the first profit level could be set at $10.50 and then $11.40
On the other side, if prices would be so weak to leave this area it could fall to $8.
All indicators shows weakness and are not set to a durable climb even if a little recovery can't be excluded.
***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
EOS/USD Price Watch: Large Growth Potential
The price could not be kept above $11.5 and the next support zone around $9-10 from where you can take a small rebound of 10-15%. Mala added to the fire the news that the developers EOS admitted in their blockchain a critical error due to which funds could be stolen. In this regard, they transfer the release of their detachment for an indefinite period. This can be a driver for moving down to the area of $7-8, you need to be ready for this. Of course, everything will depend on the behavior of bitcoin. The medium and long term EOS is a very good investment with a growth potential of x10 or more.
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Jordan's long-awaited return. Complex correction, first Time..
Hi, everybody. In past ideas, we have received more than 30% profit. All this time I watched the market and also traded. I have to say caught a few stops. This situation is so new and amazing for me that I immediately overcame my laziness. Thank you guys for asking for personal messages, but I was also busy. Many traders in my closed group have seen my analyses since then. But I'll give you an announcement. I will make this group open and free for everyone. Only my tests will be published there. Analysis in TV there are a few to decrease. No signals and webinars, training there will not immediately tell you. I will open a group probably in a month. Successful trading. And by the way, about the analysis itself. I'll give you a gift and tell you right away. Join the long after the breakdown of the line X-X. in gratitude, you can subscribe to me and of course put likes
EOS just entered the "harmonizing" Channel DownAs shown last time, EOS is replicating the January - March 4H candle cohesion and the sideways trading sequence since May 26th (neutral RSI = 50.763, STOCHRSI = 49.755, CCI = 30.7903, Highs/Lows = 0.0000), largely confirms this expectation. We expect the price to start entering s controlled decline on 1H (already MACD = -0.019, ROC = -0.0091, B/BP = -0.1710) as it enters the (orange shaded) Channel Down (supports seen on blue lines). Short TP set intact: 0.0815, 7.4356. By June 14 we will start buying.
EOSUSD Forming a Potential Bottom - When Will It Move Higher?!Hello Traders,
I hope everybody is enjoying the weekend so far.
In this analysis, we are looking at EOSUSD on the 4 hour chart.
Since the peak in 2018-04-29, the cryptocurrency pulled back significantly to the downside. It corrected almost -50% of its value in just under 18 days. Which is remarkable.
But now, EOSUSD is showing the first indication of a bigger correction higher. The first indication is that it reached the 50% Fibonacci Retracement area from the rally of March 2018 low. The second one is that it already managed to break the first short-term trendline higher.
Key will be now the trendline from 2018-04-29 peak. As this break is still missing, so because of that a marginal new low can't be ruled out yet. That is why that area is a decision area. If that trendline breaks I see a potential extension higher to around 15.69 which is the former Resistance now acting as a new support area.
So let's see how it plays out next week. Invalidation level for this view will be 11.77. When it breaks that low this view can be invalid.
For now, I am expecting more upside with corrections in lower timeframes of course.
Disclaimer: Trading is about going with the highest probability, nobody is 100% right and we need to protect ourself in case we are wrong. That is why we need to always use a stop-loss when trading. Trade with care. This my current view, and any view present is not a trading recommendation just personal view.
EOS. Cloud Strategy Overview. Correction Part
Hey. Let's discuss the trend cloud. A week earlier in the paid signal group there was a signal on EOS Short. That the price is far away from both the equilibrium price and the cloud. Those who joined received 18%! Next was the reverse buy signal Intraday which gave it 17%. As you can see, the price found support in the cloud and bounced up. At the moment, there is a correction in the EOS, which means we can see another drop to the cloud. From there, I suggest you buy it. Also, I have my own paid signal group, so if you want to join, please contact me. Put likes and subscribe, so you will give me motivation and fight with my laziness. All the best
Signal #8. EOS. Short Signal
I'll make 7-8 signals. You will appreciate the quality of working them out. And if it suits you, as well as me. I already create a ready signal service with a paid subscription of$ 20 a month. Agree tempting?And also as I and spoke training some their strategies and intricacies of....... provided
(Buy) EOSUSD Technical Analysis for April 19, 2018Hello Traders,
There is nothing much to sign about in our EOS technical charts and hey, yesterday’s EOS price forecast remains the same.
From my latest deduction, this seems to be a well orchestrated mid-range accumulation and chances are if you buy on dips with tight stops at $7.5, you might turn in a profit. Remember, stochastics are bearish and under normal circumstances, I would recommend patience with potential buys at $10 or there about.
I originally published this article at NewsBTC under Dalmas Ngetich