EOSUSD trade ideas
$EOS Pointing the Direction for #Bitcoin?EOS current price bouncing off from $1.44 support is very notable. Like to see it push up to $1.80 this week. Then it further confirms the next target for EOS will be $2.20 imo. $1.80 EOS can also indicate BTC could reverse at the current 19.7k level and reach $25k soon. From $25k level, BTC can push up to $29k level on massive short covering.
EOS about to BOOM?Well well well...
We've got a nice completion of wave 3 above 4.236 fib setting up target at 8.236 area!
Also EOS has already corrected nicely down for a possible wave 4.
To be monitored whether this was the whole wave 4 already or just wave A of 4.
In case of A of 4: expecting B leg up and an equal C (=A) down before blasting the hell out of it
Invalidation of this idea is a drop below 1.04
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
Is it almost time for Bitcoin to fly again?Hey Traders. I'm bringing you a mid-week update for a couple of reasons:
1. I will be OoO (Out of Office) the remainder of the week.
2. Many indicators are showing me we are getting very near a bottom here.
3. I want to prepare you to move when the market moves. This could happen while I am OoO.
4. I want to show you the trades I am still in and what I am looking at next. For the record, I closed my Matic short for profit. And I am still long Doge, Gods, NWC. The spreadsheet has been updated with all of the most recent data.
And if you don’t have time to watch it, basically, the short and skinny is that we are drawing near to that Sept 13 date when new CPI data is released and the FED makes further commentary on it. All the charts and indicators point to some big moves happening around that time frame. Could go either way but I am fairly optimistic about what the charts are showing me. Take a look at Bitcoin for instance:
Here is our longer-term (10 months plus) bullish descending wedge which we are nearing the end of.
And inside of this bullish wedge is another bullish wedge:
More and more signals are beginning to show green lights soon. Let’s pay attention here.
Stew
a very long, long trade on EOS/USDThis huge ABC, regular flat seems to be completed, as we notice a spike under the previous A corrective wave, which now got knocked against the ancient weekly resistance. I suggest to get into the long trade now by 50% then the other shot of 50% at the breakout of a correction in lower time frames.
✅TS ❕ EOSUSD: double top✅✅EOS formed a double top and went down. The price turned into a downward movement. I expect the fall to continue.✅
🚀 SELL scenario: short to 1.40.🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
EOS, fell below support.The following content is machine translation:
In the 1-hour chart, it formed a double-bottom support near 1.7 from a high level, and fell below the support after a brief rebound.
Indicator macd short energy column heavy volume, RSI indicator was blocked at neutral 50, turning head down.
Summary: Below the support and the indicator is bearish, it will continue to fall, and look at the support near 1.6.
EOS leading the packWell well welll,
Heres a nice example how price action can accelerate. EOS is pumping hard and depending on how high this wave 3 goes, it either gets to 8.236 (yellow counts) or even get a double extension to 16.236
Expecting similar movements for other alts as well
Stuffs brewing big times and people havent yet fomo'd back in
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
EOS weekly time frame analysis Things are looking amazing for EOS along with most of the crypto market.
EOS definitely looks bottomed out. Fib drawn from recent swing high to swing low. Red box’s drawn from wicks that need to be filled on the weekly time frame. Along with a trend line. Simple technical analysis is showing EOS going to 5.00 to 5.25
This analysis is being done on the weekly time frame so this will take some time to play out.
What does everyone think?
EOS, broke below the downtrend line.The following are machine translations:
On the daily chart, it broke out of the downtrend yesterday and continues to fall today.
The indicator macd deviates from the top, and the dead fork has become. The RSI indicator is trending down above the neutral 50.
Summary: Below the rising trend line plus bearish indicators, the follow-up is bearish, and the target is near the 1.15 support.
eos usdt quick analysisjust call me crazy now. people did when i told them to buy ethereum at $100 because it was going to 5k
i can take it LOL
even i make mistakes though. i did not do my fibonacci retracement pull from zero on this one in my original TA because i was still experimenting with that new concept in stocks.
clearly it applies to cypto as well.
EOS usdt now makes much more sense to me. the target remains unchanged.
however it could get as low as $.60
in the grand scheme i guess it doesnt matter too much if you bought some now but this is life changing stuff here
there is blood in the streets and the bears are about to get a rude awakening in alt coins
my TA on the bitcoin dominance chart shows bitcoin losing significant dominance in the next 6 months. it may go as low as 20%. diversify into alts that have seen a 95% sell off and sit back and watch the fireworks
thanks
rigo
EOS at important volume resistanceEOS at important volume resistance
Bears will likely try to defend the $1.26 mark since that was the most traded volume before the breakout to the downside
If Bulls get above it... a strong support might occur later on
*not financial advice
do your own research before investing
⚡️ Spot recommendation EOS⚡️ Spot recommendation EOS
Investment term: year+
Price now: $1.16
Growth potential:
— risk-free up to $3-5 (average asset price)
— average expectations $10
— high expectations $24 (ATH 2018)
— at the ideal level F1.618 a growth to $33
💬 Just hold?
— I’m personally threw part of EOS into staking for 90 days on whitebit. 28% per year sounds great. 6% for 90 days too.