Goldencross even causes coins like EOS to go parabolic
You know when even a long considered dead coin like EOS also responds with a parabolic pup on the day of its golden cross that at this point my hypothesis has to be proven. This is like the 20th example I’ve given of this occurring the same day as a chart’s golden cross. Remember this behavior the next time alt season begins during the second parabolic leg of a bitcoin bullrun. Anyways I never expected to chart an EOS chart but here we are. Would normally never hold this coin but do see it as an opportunity to at least take a position in it to its eventually double bottom breakout target. *not financial advice*
EOSUSD trade ideas
EOSEOS needs no introduction, it is one of the oldest and pioneer in crypto market. The EOS Network is an open-source blockchain platform that prioritizes high performance, flexibility, security, and developer experience. Also, EOS is most famous for near fee-less transactions.
Anyway, as can be seen from the chart, EOS's correction brought down the price to the ATL; to the EOS birth level! Recently, EOS broke downtrend lines and is going up toward the major horizontal resistance area. If EOS breaks this area, further upward movement is possible. Let's see what happens.
Plotting An Escape From the Down ChannelI dont think EOS is dead it is just experiencing a very LONG bear market
This down channel will eventually be broken to the upside, most likely this altcoin cycle
I have used the bars pattern tool to plot some movement out of the channel
It is hard to view bull movement with such a bearish chart like this.
EOS did see some upward movement in 2021 so I expect some 2024 - 2025.
A coin to LONG
Daily timeframe
EOS The Ethereum Killer LOL - BUY & HODL EOS was supposed to be the Ethereum killer, LOL.
However, if the Crypto Markets start booming then EOS ( EOSUSDT , EOSUSD ) would triple the ATH.
I've been holding and adding more on the next drop.
A good level IMO is: $0.50 .
My Technicals:
* Elliott Wave A-B-C Pattern
* Cycle Analysis (Early '23)
* Super-Cycle (b) (turquoise) Completion
* Demand Zone @ 0.50 Levels
* Zig-Zag Pattern (Correction)
I am expecting a Crypto Bull Market to start soon.
EOS Hugging Range Resistance. Will it Flip?EOS is looking potentially strong here. The lows of the trading range have already been mitigated. The PA has elevated from support, passed through TRM (range midpoint) and now hugs TRR (range resistance). Supply is manifesting in volume, but high quantity of selling power is (so far) failing to bring the price beneath this key juncture. This could mean that EOS is holding its value above TRR. If it manages to hold, next in line could possibly be a markup to the 1.618% Fibonacci levels, seeking to close out an upper liquidity void around .80. Sharing with my trading group and keeping watch here. I hope EOS makes it. Good luck to all, stay safe in the markets.
*Not financial advice
Eos Breaking out on the H4 ChartEos is currently breaking out to the upside of a H4 bull flag/ bull pennant formation. The rsi is 58 at time of publishing. Target for the long is the 1.618 extension or better of the previous high swing low. The H4 50 sma is running along support and is a good indicator that this area is the bottom of the tokens range.
Not financial advice. Do your own DD.
Thanks for viewing the idea.
EOS crypto bull flag (Log)An extremely clear bull flag.
EOS has been an underperformer in the most recent bull run.
Last time it was meme coin season.
I expect this run to orient around technology again, mainly AI.
"EOS's roadmap for 2024-2025 highlights improvements in smart contract execution and cross-chain interoperability, technologies that could facilitate AI-powered applications across multiple blockchain environments"
Let's see.
To be clear, I am not a long term holder of crypto, I do not believe assets like bitcoin are the future of finance.
I believe it is ultimately a ploy to stop people accumulating real assets like Gold, Silver & Platinum. However, at present, there is money to be made.
EOS in an ending patternWill it do another low? Will it sweep the ATL? Would make sense. On the other hand, its already down 98% from ATH.
Holding the 2018 would confirm the next leg up to be of a higher degree aka be a moon shot vs a new low might just indicate the next leg up to be a normal retracement ending somewhere 0.618/0.886
Either way, R:R seems ok
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Hold my beer pls
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No financial advice, do your own research, don't be stupid
EOS - The long forgotten pump fluffer It's hard to put a pin on exactly when this might happen, but these price levels will definitely be hit. Most definitely when we least expect it to happen and all of the bag holders have emptied their bags.
Disclaimer: These are not trading signals. Trade at your own risk!
EOS AND ZEC/ZCASH so identical, but... !They have moved in pretty much the same style although the ZEC's cycle took 3yrs since the top while EOS's top was in 2018
Will the pair divorce now?
Either way for both pairs the typical ending structure with a wedge is obvious and their bottoms should be close or be done already
But the danger of a new ATL is on ZEC's side for now
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If you like my content, if it helps you gain profit, give it a like!
Thanks!
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Hold my beer pls
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No financial advice, do your own research, don't be stupid
EOSUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Two possible options on the chart, in any case in midterm waiting for upward movement.
Entry: Market and lower
Targets: 1.3 and 1.9
Stop: (depending of ur risk).
ALWAYS follow ur RM.
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions