EOSUSDT trade ideas
EOS Descending ChannelEOS, which has been in the descending channel since August 2021, has proven to investors how strong it is with its re-entering the channel in August, although it entered dangerous positions when it broke down the channel in May 2022. If the channel breaks the upper resistance in a possible bullish scenario, the $1.90 and $3.20 levels are resistance. If the channel is rejected at the upper resistance, the $1 level will be supported.
Buyers need to return the price above the $1.10 range!EOS has recorded a 10% price growth over the past week. The good reaction to the support range of $1 has been accompanied by good support from buyers and has caused the price to grow to the resistance range of $1.071 to $1.10. As you can see, the trend of the price of this currency has decreased again in the daily period, but in the 4-hour window, the buyers' efforts to make the trend upward have formed higher ceilings and floors. But for the final confirmation of the upward trend in the four-hour period, buyers need to return the price above the $1.10 range. In this case, we can expect the price to grow at least to the targets of 1.25 to 1.27 dollars.
The next target in case of further support is in the resistance range of $1.34 to $1.40; in this area, we expect a negative reaction and some short-term buyers to save their profits. At the time of writing this analysis, the price has hit the midline of the short-term ascending channel. In general, as long as the bottom of this ascending channel is maintained in the support area of $1.010, there is a possibility of breaking the specified resistance. Also, in lower time frames, you can consider breaking the trend line as a positive signal and more support for buyers to break the $1.10 resistance and stabilize above it by drawing a downward trend line, for example, in the one-hour time frame.
#EOS short ideaHello dear Traders,
Here is my idea for #EOS
Price closed below yellow line (previous month low)
Price closed in 15 Minute chart below purple trigger line -> Enter Trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
🔴 EOSUSDT - 4H (22.10.2022)🔴 EOSUSDT
TF: 4H
Side: Short
Pattern: Bear Flag
SL: $1.1258
TP 1: $1.0562
TP 2: $1.0344
TP 3: $1.0167
Bear flag has formed on the 4H and the RSI is showing overbought so I believe EOS is going to crash sooner or later.
EOS/USDT Short📉📍 Eosusdt
🔰SHORT
🔴Sell Now or Sell at : 1.064
⛔️Stop Loss : 1.099
🌀Take Profit 1 : 1.038
🌀Take Profit 2 : 1.026
🌀Take Profit 3 : 1.008
P.S. THESE ARE ZONES NOT LEVELS
15m trend looking bearish but has no strength so I am expecting little bit of range like movement
45m trend looking very good for bears.If bears remains strong we can see strong movement downside
2hr short term trend is bearish but long term trend is in the bullish zone so we have to be careful
P.S.THIS IS NOT A FINANCIAL ADVICE
EOSUSD ❕ ascending wedgePrice formed an upward wedge on a correction after a decline.
The wedge was formed on declining volumes.
RSI and EOS formed a bearish divergence (1H TF)
Price has broken down 50EMA (30m TF)
I expect the EOS to start declining after it has consolidated under the resistance level.
EOS : 3 USD TARGET PLAN I know that most of the traders waiting to see EOS coming out of the 1 USD zone, and we have seen before more times that EOS did show an increasing trend.
Since last time EOS shows signals for possible increase, and this can bring EOS to target 2-3 USD in the coming time.
It is good to have a plan if you want to go with the trend of 3 USD.
DCA is a good product to use. monthly or weekly
There is a high chance that EOS will see soon a trend pump.
EOSUSDT s&rscalping plan for limit orders - Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
EOS : BREAKOUT TARGET EOS seems on a very important frame for a breakout since the last breakdown trend that did take EOS to break down to below 1 USD.
It seems that EOS has a high possibility to enter new increase
The expected target is between 1.54 -2.20 USD
Markets can be very hard, so please think about your SL on any trades you made.❤️
EOS stopped its downtrend at the $1 support!EOS stopped its downtrend at the $1 support area over the past week. Although the further decrease in price caused the fake of this range to break and fall to the price of $0.940, the demand caused the price to return above this support range. There has not yet been a strong reaction to this support range for regrowth potential. So there is a possibility of this level of support by sellers again. But if Bitcoin breaks through its current resistance in the $19,800 range, it is still possible that prices will continue to rise in the market in the short term.
Therefore, a resistance zone is considered on the IAS currency chart in the daily time frame. If a strong daily candle breaks this resistance, further price growth to the previous ceiling ranges is possible. This week, the resistance in the range of $1.070 to $1.10 is of particular importance. In the daily time frame, no positive divergence has yet been observed on the RSI indicator. Therefore, the probability of retesting the support is higher.
EOSUSDT | FALLING WEDGE BREAKOUTEOSUSDT has been trading in bearish trend which is well respected by falling wedge .
Recently the price has broken the falling wedge and price successfully sustain above it then long positions can be taken.
The bulls need to break above horizontal resistance zone .
Trade your levels accordingly.