EOS timebomb is ticking against BTC as well...We could still go a bit lower from there, but the risk is to the upside imo...
EOSBTC trade ideas
Bear Trap on important support level for EOS.Hello, Traders.
Eos seems to be forming a bullish pivot after a beartrap on the important support level, and also the price broke the long term resistance line, so we got a lot of bullish indications.
Target is the next important resistance level.
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EOSBTC 100% Potential Profit. Broke out large resistanceEOSBTC has broken out large downwards trendline resistance of around 448 days.
This is bullish news for EOSBTC. We can open a trade at the current market price.
Entry: 2700-2740 sat
Target 1: 3357 sat (around 20% profit)
Target 2: 3998 sat (around 47% profit)
Target 3: 5239 sat (around 100% profit)
Stop Loss: I would recommend placing a stop loss if EOSBTC moves "inside" the triangle. Otherwise if any dip you can buy more instead.
PS: Target 1 is a strong resistance level since it has acted as strong support in the past + the 200 EMA acts as a dynamic resistance.
Overall, EOSBTC looks like it is getting ready to move upwards.
EOSBTC 250% possible swingEos has come to a key level. 1:20 possible. Could take a while to play out but looks juicy
EOS/BTC (Retest Dec 2017 Support)EOS/BTC
-the price has reached the Dec 2017 last support area
-this will be its last area of defense to change the tide
-if this zone also failed, we will see a retest of ATL at 8000s sat
-but no worry, we can see a clear bullish divergence on the weekly RSI
-this may help the bulls and traders to start looking for best entries
-but for me, I would like to see a close above the box
-or break of the long term resistance trendline
-because that is the key signal for highly trend reversal
-I will update this chart after a weekly close or two
EOS/BTC Short Term Forecast July 1st 2020 12 UTCHere's my estimations for how the next week will play out for EOS/BTC on Binance over the next week.
Low: 0.0002585 BTC
High: 0.0002856 BTC
Thanks for tuning in :) Disclaimer, I am not responsible for any losses incurred while attempting to use my data, I hope this can prove to be some sort of learning tool for some and give insight as to how I personally come up with my own numbers. Take into full consideration this could be a completely bad forecast. Cheers
EOS-BTCHello, my name is Kryptos and this is my first idea in the English version of the site. If you find the information useful, I'd appreciate a likes and a subscription.
The coin is in a downward global trend.
At the moment the price stands in the sideways and consolidates in the zone 27, the support at this level has been confirmed many times. On the 4-hour chart you can see that the price is being held in a rectangle. And the exit from it can be the entry point when the confirmation and availability of the buyer's volume. The target for this break-up is zone 29-30. Also on the daily chart, there is a trend that is seen by all, when fixed above which will also buy.
The following targets with the continuation of growth in resistance levels and accumulation of horizontal volume zone 39-40, 50-52. In the negative scenario, the next significant zone is support 21.
#EOS - Overall Looks Good!This asset is stuck between two strong levels: 2670 sats and 2710 sats. Moreover, there is a descending channel.
If the price breaks through the 2710 sats level and resistance of the descending channel at the same time - we can easily expect a continuation of the pump.
EOS Trading IdeaHello my friends,
EOS is continuing its downtrend and now it seems that formed an bearish rettangle. My recommendation plan is to sell eos if it breatout the retangle and does a pullback retangle bottom.
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Best regard, Sandro and Gustavo
EOS consolidationEOS currently holding at a level of daily support in a consolidation box. Price has not been this low on EOS since 2017. Looking to possibly take a long from the bottom of the box, or possibly a short pending break and retest of current daily support level. Also EOS looks to have broken out of 2 long term downwards channel - but there still does not seem to be much upwards momentum there currently.
