ETHOS (BQX) BUY ZONE WITH ELIOTT WAVEWith the alts and Bitcoin getting into a more bullish market you might wanna look out for elliott waves. BQX seems to have began its first new wave and will likely dip back to 7160 sats. You can then hold for a bit and watch the resistance lines I have drawn.
Buy-target: 7160
Sell-target: 8540 or higher
Stop-loss: 6900
I am not buying now. That's fomo
Ethos
Ethos (BQX) reversal pattern!Third support (0.00006348) from my previous TA will probably be hit before a bounce. We will see 5 dollars EOY if BTC doesn't screw us over.
Buy zone: around 0.00006348
Idea and the information contained herein is not intended to be a source of advice or credit analysis with respect to the material presented, and the information and/or documents contained in this idea do not constitute investment advice.
Ethos (BQX) using December peaks as supportBQX has seen a lot of negative trends and isn't giving any strong signs of reversal. BQX is now creating a pattern on the second support, coming from the latest peak in December. RSI is just above oversold and MACD is showing bullish. There is a probability that BQX will peak to support #1, in which support #1 will act like a resistance making the BQX go back to support #2.
Chances of BQX breaking resistance level at support #1 is very unlikely. The strength of support #2 has yet to be proven.
BQX(Ethos)-BTC Long- Positive scenariosWe expect a recent drill of the triangle and a pass over the resistance. Combined with good profit.
And do not forget, trade smarter!
Possible Breakout ETHOS BQX/BTCHad a very strong move up to test upper trendline resistance on the day chart could see this short term breakout turn into a long rally. Highlighted some price targets. This of course hinges on bitcoin reversing, which i think we see the low for the year set sometime tomorrow as its the last trade date of cme futures that started trading in december. With altcoins pumping so much on good days of bitcoin id say sentiment is starting to change to more bullish but still got some dropping to do today/tomorrow. We'll see though.
EOS USD FIB level chart As we can see that key fib level 1 at $9.11 is being tested. if it breaks down we can see a massive dump upto $5.3. On the other side if we break the triangle upward, key resistance are at $14.4 and $17.72.
BQX/BTC (Ethos)Buy if it breaks the horizontal resistance then finds support above it. If it does break horizontal resistance then it will probably find that 200MA (white line) as short term resistance before re-testing the horizontal line as support. This would be the time to buy. Then put a tight stop loss a few percent under the aforementioned horizontal resistance line. If you don't know where to put a stop-loss and have a greater 'pain tolerance' then you can simply sell if it loses shorter term MA support.
BQX (Ethos) looks good - Amazing uptrend channel
- WTO is at the bottom
- RSI shows it can bounce from here
- SRSI is oversold
Selling trading idea on BQX/BTC I am seeing a bearish M-pattern in the latest spikes of BQX/BTC. This could mean a possible downtrend in the short term. Besides that, I can see a possible breakdown line at around 0.00033850 BTC. As you can see the volume is still very high, so that's not a good breakout sign either. Furthermore, it has had its natural correction, but BQX still hasn't retraced to the perfect buy zone on the Fibonacci Retracement. The product developers of BQX (Ethos) does not seem to have any short term announcements, so I wouldn't expect a short term price spike.
With that being said I am looking at the following targets.
I am selling if it crosses: 0.00033850
New support: 0.00026657
This is my first uploaded technical analysis so let me know what you think! Negative and positive feedback is always very welcome.
Bears broke down the support $BQX #universalwallet #bitcoinOld main resistance became new resistance for Ethos lol
ETHOS BitquenceBQX/USD brokeout the triangle , now testing the ex-resistance and support line
Targets
5.5$
7$
Bitquence VS Bitcoin Does Look StrongBitquence starting to look strong after breaking above the downtrend trendline and rejecting the 127.2% Fibonacci support level at 32k satoshis. Price continues to produce higher highs and higher lows while rejecting the uptrend trendline.
All-in-all current price action suggests the continuation of the uptrend. The upside target is seen at 90k satoshis, confirmed by two Fibonacci retracement levels, that could result in a 125% growth from the current price.
On a downside, currently BQX/BTC is undergoing the correction down and it could take some time for the uptrend to resume. The consolidation and even decline towards 30k satoshis area could take place, but only break and close below it would invalidate bullish outlook.
$BQX Ascending Triangle Pattern, Anticipating Breakout With the descending triangle already broken , resistance lies at 41,974 Satoshi ($3.79) . Breakout within the next ten days.
Not to mention a massive volume spike ; highest since initial pump.
Target prices taken from width of ascending triangle:
First Target - 31.8%
Second Target - 63.6%
Third Target - 95.4%
Fourth Target - 127.2%
Here we go again $BQX #ETHOS #universalwallet #altcoins Touched 50% and there you go up again. Very strong community and people love it actually. Including me lol.
What is this forming $BQX #cryptocurrency #universalwalletEthos will rock soon. HODL hard till fiat gateway.
To the moon and beyond!
ETHOS on the move ?Could ETHOS be moving higher here ? Looks promising on the 4 hour chart and daily as well. Look for a break of usd 4 to really get things going here.
Target 48254 - LONG - Bounced off 200maBullish from this level. Bounce off the 200ma and still on trend line.
holding well above 78.6% fibs.
Trend line as support. This might be the bottom. #BQX $BQX Trend line as support. This might be the bottom. #BQX $BQX
#BQX #Ethos beautiful Cup and Handle pattern.Nice R:R setup #BQX #Ethos beautiful Cup and Handle pattern.Nice R:R setup
#BQX #ETHOS #BQXBTC look so sexy here. UW comming soon!#BQX #ETHOS #BQXBTC look so sexy here. UW comming soon!
