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EOS / Bitcoin

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EOSBTC trade ideas

EOS/BTC / 1h / Uptrend when? This is not financial advice, this is just my perspective. EOS has been falling so hard people keep investing because we reach all time lows, we are currently trading below the 200 EMA and keep failing to beat daily high so be aware, if we don't have confirmation candles closing above the 200 EMA we could be still be in a downtrend. Considering it looks like we had a head and shoulder pattern 3 days ago, we could be looking for an upwards correction breaking the 200 EMA sometime soon. However, the drop could go to .0000750 before this happens. Let me know what you think. Don't forget to follow if you would like to see more alt coin charts in the future. Bless you all.
Long
by Crypto_Jay
Can EOSBTC overcome this range???EOS is an interesting Alt we are looking at. It has been trading in this range for about 29 days now. Recently it tested that red box as resistance again and got rejected as it is a strong resistance area. However We can see that EOS has overcome the red ichimoku on the 4hr and the cloud has also turned green. We want to see the upper area of this red cloud reacts and if it can create support, if so we will consider laddering longs around this area. If this does not happen another opportunity we will look at is a break out of that red box resistance area and setting a momentum long order above that area. - - - - - - - - - Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice. I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.
Long
by TheForecasters
2
EOS - Back into the channel?Not going to lie, EOS/BTC is looking a bit bearish right now. But so does the rest of the market - unfortunately that is the nature of Bitcoin moving a lot. However although we fell below support on the ascending channel, EOS/BTC has been fighting hard to get back above what is now resistance. I think this is a risky trade I am willing to make, entering here at 8780 sats. Looking in the long run, we might be able to head towards our long-term resistance around ~1100 sats. That would make great returns! I will be stopping out around 8,600 to minimize the potential loss since this is a fairly more risky trade. Good luck folks!
Long
by mablack15
1
🔥 EOS/BTC Reversing From All Time LowTwo weeks ago, EOS/BTC made a new all time low. Since then, EOS/BTC has been steadily climbing day by day. Few important things about this pair: - EOS is currently one of the big alts who is lagging behind the rest, giving it more upside compared to alts which have already seen strong gains lately. - The daily candles are still relatively small. Usually the green candles are starting off as small and getting bigger later. We might catch a strong move upwards soon. On the chart, I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence. Happy trading!
Long
by FieryTrading
13
EOS/BTC HUGE RSI bullish divergenceThis chart looks very promising. We have three reasons to support a bullish case. 1. We clearly have an amazing bullish divergence on H4 RSI 2. We are testing 200MA H4 as resistance right now, if we can squeeze through with a confident close, we can expect at the very least 20% growth 3. BTC.D chart is looking bearish which means ALTS (i.e EOS) are bullish Remember, this is not a 100% guaranteed scenario, the markets can always surprise you when you expect it the least. Always do your own research and happy trading!
Long
by Hellenism