EOSETH - ETH as capitulated and EOS did notLooking at ETHUSD, we can clearly see a capitulation V bottom with a lot of volume. EOSUSD is still strugling to confirm support at about 4,5$.
In the meantime the EOSETH ratio is near all-time high.
I short this with a passion and I'll be putting my profit target reaaalllyyyy low on this one as I don't think the EOS bubble is over yet while the ETH bubble clearly is.
We are clearly due to retest the pink trendline, and I doubt it will hold. I'm not sure the 0.008 level will hold either.
No volume, Decreasing momentum.
One think to consider is this EOS trading pair is the least popular: EOSUSD and EOSBTC are far more popular.
Game on.
EOSETH trade ideas
EOS/ETH Chart - looking BULLLISHspent very little time actually charting the waves + subwaves
did not consider Volume or MACD
Strictly a chart pattern recognition exercise and hypothesis
We shall see
good luck
and i'd dump ETH if i had it. but i dont, cause it kinda sucks lol
ETH about to Crash and BURN versus EOSAs a developer, I can't understand why ANYONE is still using ETH. It's slow, expensive and a complete SCAM coin with no governance. EOS is 600 times faster, doing 10 times the number of transactions, and already generating more revenue and just launched less than 3 months ago. In addition developers are jumping the ETH ship for the EOS ship daily.
First ETH crashes versus EOS, then all the ICO's try to move to EOS while their value drops, then ETH price doesn't support the cost of mining so they stop mining....then I just hope someone turns off the power and lights on ETH equipment when it crashes.
There is a possibility for the beginning of an uptrend in EOSETHTechnical analysis:
. EOS/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01700 to 0.01521). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01700)
Ending of entry zone (0.01521)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.01826
TP2= @ 0.01944
TP3= @ 0.02206
TP4= @ 0.02418
TP5= @ 0.02808
TP6= @ 0.03315
TP7= Free
There is a possibility for the beginning of an uptrend in EOSETHTechnical analysis:
. EOS/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01700 to 0.01521). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01700)
Ending of entry zone (0.01521)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.01826
TP2= @ 0.01944
TP3= @ 0.02206
TP4= @ 0.02418
TP5= @ 0.02808
TP6= @ 0.03315
TP7= Free
EOS vs ETH UptrendEOS clearly has established an uptrend against the Ethereum. Since November 2017 price has been moving up, while producing higher highs and higher lows. The recent decline can only be interpreted as a corrective move down, rather then the downtrend.
In March, EOS/ETH broke above the downtrend trendline and has reached the ETH 0.033 high. The current corrected resulted in a 55% decline, and EOS is currently trading at the level of 0.015.
The price stands right at the uptrend trendline, not to mention that EOS/ETH failed to break below the 200 Moving Average with confidence. The trend remains bullish but it is hard to say when the correction will end and uptrend will continue.
EOS investors should watch the eth 0.018 resistance and 0.014 support levels for a breakout, since this price action could establish the medium term trend. Break below the support might result in further correction towards the 0.008 support, while break above the resistance should present the buying opportunity and price is likely to reach the previous high at 0.033.
EOS to outperform ETHWith ETH looking shaky (see ETHUSD: Potential Short Setup ) I'm curious to see how EOS is performing vs. its competitor Ether.
Looks like EOS may outperform ETH in the near term. Who'd be surprised? EOS: 3,000 transactions per second, ETH just 15 TPS. scaling issues and EOS's relentless attack on performance might result in EOS outperforming ETH in the future.
This is how will make 240% PROFITI am about to enter the 3/3 wave, which is the most impulsive one.
My target will be at 0.05 ETH per coin.
All in all 240% on my investment. If you want you can join me on this ride.
Thank me later ;)
EOS/ETH short it if yellow pennant breaks downTime to say goodbye to Eos. wait for confirmation for safe trade
EOSETH With The CradleA lovely candle in the cradle buy zone right here on the daily. Looks good against BTC as well so both worth considering. Lets see if we close like we are looking now and get a break up of the daily
Eos would probably resume its uptrend againTechnical analysis:
. EOS/ETHEREUM is in a downtrend and resumption of the uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.01765 to 0.01500). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.01765)
. Ending of entry zone (0.01500)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.01977
TP2= @ 0.02429
TP3= @ 0.03315
TP4= Free
Eos would probably resume its uptrend againEos would probably resume its uptrend again
Technical analysis:
. EOS/ETHEREUM is in a downtrend and resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.01765 to 0.01500). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.01765)
. Ending of entry zone (0.01500)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.01977
TP2= @ 0.02429
TP3= @ 0.03315
TP4= Free
EOS — Fibonacci Retracement Levels, Demand Zones, and VPOCEOS has been in a downtrend from its all time high. It will reverse, but where? The 0.786 fibonacci retracement level is just above the VPOC, so if we get there, there is a great chance of reversal there. On April 11, volume nearly tripled driving price up over 40%.
Price entry point: 0.0150
* Strong demand zone; high volume
* Just above 0.786 Fibonacci retracement level
* VPOC
0.0180 is the 0.618 retracement level (current price). This is a good entry point, 0.0150 is a good second call to double that position.
Aside: I am being told that I need to use English to post in. I'll use whatever language I want to.