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Eosusdtradeplan

ridethepig | Covering Some EOS Here...On the EOS side, after testing back above 5.00 over the weekend local crypto exchanges were aggressive sellers of EOSUSD throughout the session, using rallies as an opportunity to cover. As short-term flows calmed, international inflows also resumed. On-shore Chinese demand continued to be buyers of EOS around 4.75 yesterday, but the sizes were a lot smaller than the past two weeks. The original portfolio position is +155% so there is no harm in taking some chips off the table. For those tracking the original entries: Risk markets are trading more positively, I continue to think the downside remains a buying opportunity in EOS, local exchange bids will limit the downside towards 4.50. A good opportunity to cover some and recycle at the lows aiming for the initial 5.00 highs from Saturday which is the first resistance to watch in order to unlock an impulsive leg towards 7.50. On the BTC side we remain in the same flows, with the same drivers: As usual thanks all for keeping the likes and comments coming!
BITFINEX:EOSUSDShort
by ridethepig
2
💎EOS - Simple trading plan with BIG goals! 🧑🏻‍🚀Hello everybody! Thumb UP👍 if you like this idea! I present to your attention a simple EOS trading strategy based on the breaking of a downtrend line and clear goals that can bring good profits! TRADING PLAN: 1. Add the alert above $4.2 2. When the alerts trigger buy EOS and set limit sell orders at the level $4.6, $5.5 and $6.1. 3. Set a stop-loss near $3.4 ___________________________________________________________________________________________________________________________________ Subscribe to my channel and receive fruitful recommendations regularly! 😎
BITFINEX:EOSUSDLong
by Fandorinn
EOS Finally Hitting The Falling Wedge's Support Upto 70% MoveSince Sep 16 2019 the world’s 7th ranked cryptocurrency EOS is moving within a falling wedge chart pattern and this time it is hitting the support of the wedge for 3rd time and now we have recent support at $2.3548. With hitting support of wedge the price action also went closer to lower bands of Bollinger bands and repelled from there. The Oscillators and indicators are turning bullish: With this touch on falling wedge’s support all indicators and oscillators on two day chart are turning bullish. The Relative Strength Index (RSI) was already oversold with the value of 29.45 and now turned bullish and the Stochastic RSI was also oversold and has given bull cross and the moving average convergence divergence (MACD) indicators was also strong bearish and now burned weak bearish with indicates that bears are losing control over the price action of EOS. The harmonic formation: At this support the priceline also has formed a harmonic Crab pattern and this time we are in potential reversal zone of this harmonic pattern and the bullish divergence from the PRZ area can lead the price action to hit the 1st resistance at $2.5804 but if this resistance will be broken then EOS can breakout the resistance of the falling wedge and that can also lead to the big bullish move. But remember one the support of this wedge will be broken down then the EOS can move down to make a new low so this support should be a stop loss point for many traders who bought the EOS at this support recently If we buy at wedge support then we can set our sell targets 0.382 to 0.786 Fibonacci projection of tail to support of the wedge which is from $2.77 to $3.37 so this can be upto 70% bullish move. Regards, Atif Akbar (moon333)
BITFINEX:EOSUSDLong
by moon333
EOSUSD formed a bullish Cypher | Upto 11% expectedPriceline of EOS / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone. I have used Fibonacci sequence to set the targets: Buy between: 3.0545 to 2.9649 Sell between: 3.1250 to 3.2944 Regards, Atif Akbar (moon333)
BITFINEX:EOSUSDLong
by moon333
EOS Price Analysis - Sideways Trading Continues Relative Strength Index: The RSI is currently at a healthy 41 points. This means that the market will most likely continue to trade sideways for the next few hours. Bollinger Bands: The price is also within the bollinger bands range, meaning it will most likely stay at the same level. Moreover, the price is right on the line with the MA, further reinforcing the signal of an upcoming sideways market. Volume: At the time of writing, the volume for EOS is nearly nonexistent. This means the market doesn't have much power to slide upwards or downwards anytime soon. This isn't surprising as it's the weekend and volume usually drops during this time. EOS Price Prediction The RSI, Bollinger Bands, and Volume are all signalling a sideways market. While we didn't have much positive news about EOS recently, it doesn't seem like the market is exhibiting too much bearish pressure. As such, my prediction is that EOS will continue bouncing between the $3.8 and $4 levels for the next day. Read Full EOS Price Analysis and Prediction: NullTX
COINBASE:EOSUSD
by nulltxmark
EOSUSD formed a bullish cypher | Upto 134% movePriceline of EOS / US Dollar has formed a bullish cypher and entered in potential reversal zone to hit the sell targets soon insha Allah. MACD is turning bullish. Stochastic has given bull cross. Price action is getting bounced from bollinger bands support and bollinger band is expanded. Ichimoku could is turned bullish and Lagging Span is above the candles and turning bullish. I have used Fibonacci sequence to set the targets: Buy between: 3.9937 to 2.9190 Sell between: 4.8710 to 6.8397 Regards, Atif Akbar (moon333)
BITFINEX:EOSUSDLong
by moon333
EOSUSD - 1D Chart AnalysisEven if in the last 7 days the price lost almost 19% from it's value, February can be still considered a very good month for EOS, as the total growth is close to 56% today. The beginning was hard, with the price moving sideways in the first week, but once the trading volumes have gained consistency, the price has found the necessary strength to cross the 20 days Moving Average and the bullish trend has started on the 8th. This major change has been announced by the MACD, with it's Moving Average consolidating it's position at the top of the Signal, but also by the Stochastic with it's "fast" line crossing the "slow" one in the same day. Therefore, we can conclude that the general trend on a 1D chart has been indicated by the MACD, while the Stochastic and the trading volumes accurately showed us the changes of the price direction for smaller intervals. Today, if we want to follow the same pattern, we can see that these 3 parameters are slightly showing opposite directions as it follows : * So far, the trading volumes are smaller than yesterday but there is some consistency showed by the green candlestick. This means that the price has chances to continue today's increase. * The Stochastic is about to register another crossover and if it's "fast" line will go above the "slow" one, it will indicate the same direction like the trading volumes. * On the other hand, the MACD has crossed the Signal for the first time since the 8th of this month and if it's position will be consolidated at the bottom, it will indicate a price drop. Given these circumstances, the main scenario is the one where the increase will continue for a very short period of time but the price will eventually go below the 20 days MA and a Bearish trend will start from there. The ones with a higher risk appetite can consider the target of 2.73$.
BITFINEX:EOSUSD
by ReadBTC
EOSUSD - Buy Opportunity Before Big BreakoutMomentum is building for the EOS/USD pair before a big breakout to the upside. This forecast suggests a trade idea that offers a potential profit of 45% in just a few weeks. Please do your own due diligence and consult with your financial advisor before investing. Buy : $5.50 or any price below Sell : $8.00 or any price above Buy me a drink or steak dinner if you make money on this trade :) BTC: 1GG7CwY3zqdCYqQz1ZG9PHyoxCGGrQu5pb BCH: qznk2nnuppn0xszpmx0ruvfzlh7z5ux8r527d05k3f Note: This is only a partial forecast. Our PRO members receive private complete forecasts and actionable trade ideas with specific buy/sell/stop loss levels to maximize trade profits and minimize risks. Interested traders may send me a direct message for admission details. Have a great day!
BITFINEX:EOSUSDLong
by cryptoezvip