EOS is in TOP-15 in terms of trading volume but where is growth?Considering that the previous global idea of EOSUSDT has worked out, it's time to update your thoughts.
If you compare EOS with other alts +/- with the same market cap, you might think that no one needs it.
Most of the alts, which carry something behind them, have grown by 60-70%, or even more percent from the May fall.
EOSUSD is still unable to creep to 50% of the high before the May drop.
Such sluggishness of EOS buyers is alarming, do investors really need it now, or maybe it has not yet dropped to the point where it would be profitable for them to buy in the long term?
What do you think about this situation, write in the comments.
At the moment, if the positive background for growth continues in the crypto market, the maximum target to which growth we see for Eos is around $7.30.
Well, if they throw in some news related to the founder of EOS and the exchange that he is launching, perhaps the price of EOSUSDT will shoot to $9.20 for a short time.
Above is not worth dreaming about, we do not see any prerequisites for this on the chart.
But from below, it is worth paying attention to the behavior of buyers in the area of the same level of $3.50. If buyers show interest there in the coin and aggressively restrain the fall by buying at increased volumes, then there will be an increase up to $13
And if not …. well, let's not talk about the bad) We believe in a bright future for Eos holders.
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Eosusdtechnicalanalysis
EOS/USDT 4H Chart BreakoutThere was a falling wedge forming on the chart of EOS against USDT. It is now broken and it might be bought from here or a retest of the falling wedge could be expected. It is possible to open a long position if you are going to hold it for a moderate amount of time such as a week or two.
EOSUSDT update 1h time frameFollowing the previous analysis, which was presented on September 26, as you can see, we entered the EOS at the price of $ 3.6 signal.The price is expected to grow in the $ 5.5 range, given the return from $ 3.6.
It is worth mentioning that the important resistance is at the price of $ 4.5
Be profitable
Behzad Asghari
few reasons to have EOS in our portfolio for a few next weeks as you can see EOS is at its finest place to buy ( if BTC doesn't shit the bed of course ) for multiple reasons :
1 . EOS just touched ascending trend line( shown with green line ) that acted as a support line for a good long time ( almost 2 years ) .
2 . EOS reached a static support area that used to be a resistance area ( shown by horizontal white area ) .
3 . almost all of reliable indicators and oscillators are showing improvement signs for EOS price ( R% is making a nice bottom level , STOCHASTIC and STOCHASTIC RSI are trying to say something good about EOS price )
4 . MONEY FLOW INDEX is riding on a beautiful ascending line .
5 . there are two bullish divergences on 4h time frame ( on RSI and MFI )
besides all of these reasons we should be careful about BTC so it would be a good idea to be mindful about BTC
and also you can see alt coins market cap a.k.a TOTAL 2 in below . the market cap is moving on a crucial ascending trend line which works as a support line . if market cap be successful about staying above this green line i could be more confident about my analysis .
EOS 10% Rise As Investors Gain ConfidenceEOS Climbs 10% As Investors Gain Confidence
EOS was exchanging at $4.3188 by 17:10 (21:10 GMT) on the Investing.com Index on Wednesday, up 10.30% on the day. It was the biggest one-day rate acquire since September 22.
The move upwards pushed EOS's market cap up to $4.0947B, or 0.21% of the absolute cryptographic money market cap. At its most noteworthy, EOS's market cap was $17.5290B.
EOS had exchanged a scope of $3.8084 to $4.3205 in the past 24 hours.
In the course of recent days, EOS has seen a drop in esteem, as it lost 16%. The volume of EOS exchanged the 24 hours to season of composing was $1.4611B or 1.14% of the absolute volume of all cryptographic forms of money. It has exchanged a scope of $3.7936 to $5.5087 in the beyond 7 days.
At its present value, EOS is as yet down 81.21% from its unsurpassed high of $22.98 set on April 29, 2018.
Somewhere else in digital currency exchanging
Bitcoin was keep going at $43,570.4 on the Investing.com Index, up 6.45% on the day.
Ethereum was exchanging at $3,035.62 on the Investing.com Index, an increase of 9.73%.
Bitcoin's market cap was last at $819.6668B or 42.08% of the all out cryptographic money market cap, while Ethereum's market cap added up to $357.0760B or 18.33% of the complete digital currency market esteem.
eosusd daily scaleCurrently, this currency is involved in a dynamic resistance range, which if it can cross its dynamic resistance red line of 6.25 and stabilize above it, in the next stage, the range of 7.73 to 8.18 is available, and if it stabilizes above it, the range of 10 The dollar is available for this currency.
But if they are not able to climb the important support areas, including the numbers 5.7, then the range of 4.1, and finally the very important $ 3 area, they can prevent the currency from falling further. Motion probabilities are plotted in the image
EOS W Formation SpottedHello and welcome to my post !
EOS is in a strong uptrend at the moment because of that patterns as the W are higly probable to be profitable.
We found strong resistance at 0.236 fib in our first hit and now we are on the neckline (5.685$) of the W pattern waiting to see a break.
W patterns have a tendency to break, make a run and crash down to liquadate a lot of people and after that continue higher.
Because of that proper risk managment and position managment are a must.
First Target: 6.5$
Second Target: 6.750$
Indicators: (RSI,SRSI,CIDI) The upside momentum of the indicators are strong and bullish for the moment.
Don't forget to protect yourself with proper Risk Management also the information provided is only educational.
Feel free to ask anything in the comments or send me a message !
Thank you for reading my post,if you liked the idea you can support with a like and a follow have a great day !
EOSUSDT Ready for next BULL Run!EOS/USDT(12h Chart) Technical analysis Update
EOS/USDT(12h Chart) Currently trading at $4.51
Buy level : Above $4.50
Stop loss: Below $3.76
TP1: $5.36
TP2: $6.27
TP3: $7.55
Max Leverage 2x
Always keep Stop loss
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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 $28.60. The mid term target will be hit between 1-3 weeks, the long term target will be hit between 2-5 months.
EOS 50% to 100% profit coming. Hello trenders,
Eos created a nice trendmark that may be now the new support.
The next push is going up to 6 Usd levels, maybe 8 Usd according to redistribution so that can be light to pump in the coming weeks.
Timeframe need more study but the idea is bullish.
M.M.M Make Motherfuc.in Money
Be wise: don´t work for the money, make your money work for you.
Eos actually doing okayEos has began consolidating itself again, with a nice support trend yielding a realistic view of its price action within the next following years,(long term)
For the moment short term if we see a volume increase within the 3-5$ zone over the next month that will be a really good indicator that EOS can step back into its bullish channel
the market doesn't have enough hands in the market to tip the balance from super bearish 28k> or super bullish 42k> for BTC.
things to look out for coming month:
Volume+:Even a moderate increase in EOS at the moment is a huge sign of upwards pressure
RSI+:if bears make a move RSI will be undersold.
if bears are attempting a 3.0 move for EOS they will be out of luck with huge buy walls in 2.60-3.0 region(huge support)
if both are bouncing with even moderate strength we can see a break for 5$
EOS - 6h. Buyers Prepare for Local Growth with a Target of $6.8We noticed that many are interested in the good old EOS. Relatively recently, we made a global idea for this coin:
Today we are going to make a small update and share our thoughts in the short term.
As we can see in the chart, buyers failed to build a strong wave of growth after the fatal fall in the price of EOS from May 19 to 23.
The trading volumes during the local upward wave were about the same as during the downward wave. Of course, these volumes are not enough to confidently state that a new wave of growth has begun on the EOS market. If we pay attention to the trading volumes on May 5 and compare with the current ones, it becomes clear why.
However, the comforting news is that the current price drop looks rather sluggish and takes place at low volumes. Buyers found a good spot for defense in the local range of $4.8-5. In addition, the trend line is in this range, which buyers confidently hold from December 23.
Therefore, if the weekend is calm and we do not see the growth of aggression from the sellers, we will expect a local reversal of the market and a test of the mark of $6.65. We are not looking higher for now, as we believe that the price of EOSUSDT will continue to consolidate in a wider triangle.
If we look at the daily timeframe , we see that the EOS price is now at a critical point:
The chart shows that the range of $4.45-4.78 holds the price perfectly for 3 years. The loss of this range has always meant the continuation of a powerful downward trend. At the moment, the price is above this range. The main task of buyers is to maintain this range for the next week. This achievement of buyers will allow starting the formation of a consolidation triangle above this range and will increase the chances of a price shot up already to the level of $8-8.6.
A similar critical situation can be seen on the EOSBTC chart:
At the moment, sellers manage to push the price down without much effort. However, in the current price range, we expect to see a struggle. Having lost the range of 1288-1452 satoshi, the EOS market has every chance of falling by another 30-40%.
Therefore, you should take your time this weekend and carefully monitor the market sentiment. The next week may be decisive in the medium term.
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EOS 3D The whole life of the project on one chartOur previous idea-warning about a correction on EOSUSDT, although it was made on the daily timeframe, worked very quickly and t he EOS price fell even below the $ 5-5.5 zone , where we expected it.
By the way, this idea was included in our top 15 ideas for the last 2 months, where a possible future strong correction was clearly visible.
Since the daily time frame worked out quickly, today we will look at the entire history of trading in the EOSUSD pair on the 3D timeframe.
As you can see, the growth of the EOSUSD price on May 12 stopped perfectly in the middle of the global growth channel, along which the price has been moving for more than 3 years.
Then a strong fall down awaited us. The collapse in the market was powerful, and the price broke through even the strong mirror zone of $4.30-4.70 , which in history has more than once played the role of resistance or support.
However, buyers happily bought back EOS from $3.50 and above at a very tasty price, creating a Pinbar on the 3D timeframe. Buyers can regard this pattern as a strong signal to continue buying.
It turns out that the bravest and smartest investors who placed buckets for buying in the $3.50-5 zone will soon be able to fix x2-x3 profit , because the price of EOSUSDT has the potential to rise to the $8.70-9.20 zone
Further, a correction to the liquidity mirror zone of $4.30-4.70 may await us again, where again it will be decided who is stronger. Accordingly, it will become clear there: will buyers continue to drive the price by $13 or sellers will continue to push the price towards $3.
But this is a completely different story, which we will write about in new ideas)
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
EOS 1D Warning, sellers activating, possible correctionOur previous short-term idea on EOSUSDT fully fulfilled the goal and even exceeded it by a notable degree.
Write in the comments what news or events could help the price of EOS rise so much.
Let's look at the EOSUSD chart on a larger time frame today
The EOSUSDT price has reached the upper border of the channel, which has been stretching since mid-2019. On the daily candle, sellers began to fight back, drawing large shadows, the struggle continues.
If there is no strong news background, then according to the laws of TA, the price of EOSUSDT should start the correction.
Below, in the area of $5-5.50, there is the middle of the above-mentioned channel, and at the same time, there is a powerful liquidy zone, where the price has stopped twice before.
So, it is in this liquidy zone that a correction should be expected.
If sellers lose the fight, and buyers prove their strength, and the price of EOSUSD itself can gain a foothold above $13 , then the next target from above will be $16
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea " boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)