EOS/ETH not Done Pulling Back?EOS/ETH just had a bullish break from a falling wedge, however, it quickly patterned a H&S.
I think a retest of the wedge's resistance, or even support, is in the horizon.
Good Luck.
EOSETH trade ideas
EOSETH GO LONG! 5th wave is coming soon! Don't miss the train!Hello
I expect to see EOSETH long to at least target 0.0325. If we manage to broke it, we will bigger push up :) (Usually when 5th wave bounce in, we expect to see resistance broken easy and new highs will take in or new RESISTANCE!.
Uptrend confirmation:
-RSI oversold
-Macd is cross for uptrend
-Trend is Still ABOVE 200SMA, which is telling us that we are still in uptrend mode.
-Correlation is done i think.
-If we look at fibonacci, we see that support is found at 0.5.
-Another confirmation for support is found is SMA 150, because it's currently holding.
Bad scenario( Or short mode activate)
-Price break 200SMA or price 0.0194
-Price break 0.5 fibonacci level and goes to GOLDEN RATIO 0.618
-Price don't find support at around 0.0170 - 0.0185
Then Downtrend will start!
Good luck
Just 2cents from Fab1j0. Trade on your own and don't take this as trading advice !
EOSETH upside potentialtrendline held very good, and got defended on higher volume.
Cloud resistance breached on 4th attempt.
SECnews on eth can serve as a catalyst to get eos going again.
EOS/ETH in Bear Pennant EOS is in a Bull Pennant logging in Lower-highs and Higher-lows -- Equilibrium Pattern.
StochRSI looks have reset on the 1 Hour but needs more work on the 3 and 4 Hour.
OBV is staying strong (good sign).
I believe we should see a Bull Break from this Pennant, hopefully, tonight or tomorrow.
Good Luck!
The Future of EOSOk pattern recognition is my thing, and based on the patterns I have seen between the real body candles, the doji in sequence and the predictable value increase combined with volume that has held over the last 2 days.. I dont see any reason why EOS will not continue along the path I marked on this chart...
But what the fuck do I know, I have only been trading crypto since the very first exchange and I have been up all night...
[EOS-ETH] EOS-ETHERIUM KILLER ROCKS!Closed my position on this trade. Took a nice profit of 81.85% from this swing trade in 5 days. This was nice. EOS is completely overbought in my opinion. It has already sold over 12% and I believe will start dumping hard. EOS is considered to be the etherium Killer! This block chain in my opinion will rock into the future very well!
PS This is not financial advice. Do your own TA, give me a like and support my channel if you like my content!
Thanks
CryptoBuzzAnalyst
EOS/ETH Inside a Rising WedgeEOS has been beasting out as of late but finds itself inside a Rising Wedge Reversal Pattern.
I have EOS completing its final 5 impulse wave and preparing for a correction.
OBV is staying strong while StochRSI is riding at its peak and will need to reset before another run.
I think the correction will end around 0.0216 - 0.0212
Good Luck!
Can EOS Put Ethereum Out Of Business?EOS (EOS) is not a new coin. In fact, it has enjoyed a rather strange reputation as “Ethereum killer” for quite some time. EOS (EOS) and Ethereum (ETH) are competitors but until now they were more like Google and Bing or Nvidia and AMD. This is because Etheruem (ETH) is the second largest coin by market cap with more than 90% of the ICOs ever held on its platform compared to EOS (EOS) which ranks as the fifth coin by market cap right now thanks to its 22% price spike today. With EOS (EOS) in the fifth spot, the debate of Ethereum (ETH) vs. EOS (EOS) has come to light once again as both coins are direct competitors with EOS (EOS) claiming as being a more sophisticated and advanced platform for smart contracts and decentralized applications.
Read Full Analysis Here: cryptodaily.co.uk
EOS April 17, 2018 Daily - 2018 - Big Winner Again In 2018 EOS just completed Minuette Wave (i), the second 5 full wave count it has completed in a short few months, during a bear Crypto market. EOS is one of perhaps 5 coins I have seen over the past few months consistently increasing in value. It has shown phenomenal strength against a super negative market pushing higher all along. Currently, it is correcting after completing (i) after which I expect it to commence forming its Minute wave (ii) where it will set several new highs beginning soon and into summer. It will likely prove along with EOS to be one of 2018 best performing crypto in my opinion and per Elliott. It is on a definite track at this point to continue into the Minute wave completing it within the next 3-4 months if historical patterns hold for this one.
EOS is looking FIERCE _____________________________
Idea:
We have HEAVY bullish divergence on the RSI and a good target for the 1.618 to be the end of wave 3
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Warning:
we did hit the 1:1 extension of 1 and immediately corrected from there, I am assuming that this was only a subwave of 3 rather than the entire wave but i could be wrong on this point
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Alternative:
If 3 only went to the 1:1 extension then i would treat this as a leading diagonal and still expect another push up
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Note:
This is EOS/ETH but there shouldn't be too much of a difference between this and EOS/BTC
EOSETH Descending wedge trade setupAfter a significant bull run EOS been has consolidating for 3 days and while there's still lower higs in place, there are a couple good signs for continuation to the upside: declining bear volume as we go down, and the descending wedge formation which shows that on every dump, the price decreased less than the one before.
Right now the price action has found support at the 0.618 retrace, which is another sign that suggests a break to the upside is coming soon. There's a 4 hour inside bar that's almost closed and a bull break is the entry sign in my opinion.
I am not an investment advisor, this analysis is provided for educational purposes only.
Looking for signal to longLooks like EOS is in strong uptrend. Lets watch for signal to buy in on 6h chart. First take profit would be at 0.0165. Stop should be somewhere around 0.0139