EOSUSDT trade ideas
EOS - Showing intresting trends depending on TAHello trading friends,
EOS showing interesting trends - depending on the day trading time frame.
We will follow and see the coming to time the coin.
Between 3.20 - and 4 USD + is an interesting target.
Have good time
# this is not a trading call - trade only depending on your setups.
EOSUSDT time for the reversal?The price created a huge descending channel on the daily timeframe and retest the daily resistance on 1.8$ and created a triple bottom on it.
On the 4h timeframe the price is trying to have the breakout from the monthly resistance on 2.2$ after a breakout from the daily static resistance and dynamic one.
How to approach?
The price needs to confirm the reversal with a breakout with volume above the supply zone on 2.3$.
IF the price is going to satisfy our rules, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
EOSUSDT in a ChannelIt is still advancing in its downward channel, which has now successfully broken the midline, and by stabilizing this range, it can continue to the top of the channel.
Have. If in the long run it breaks the downward channel upwards, a purchase offer is made.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
💡Don't miss the great buy opportunity in EOSUSDT @EOSIOTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.826).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EOSUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 3.001
TP2= @ 3.143
TP3= @ 3.310
TP4= @ 3.492
TP5= @ 3.764
SL= Break below S2
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💡Don't miss the great buy opportunity in EOSUSDT @EOSIOTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.826).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EOSUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 3.001
TP2= @ 3.143
TP3= @ 3.310
TP4= @ 3.492
TP5= @ 3.764
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EOS Token Picks Up Bullish Momentum (EW For Beginners)EOS Token (EOSUSDT) is a tricky one...
I remember this pair hitting support and once we buy it goes down and hits a new low...
This happens over and over until we completely give up...
Next thing you know, it starts to grow!
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We have the highest volume today on EOSUSDT, the highest since early December, it can hit a local peak.
Remember the waves...
As it hits resistance it will retrace or consolidate for a few days.
Once this retracement/consolidation phase is over, then starts a new bullish wave.
Normally the waves develop in a sequence of 5 moves...
3 are upwards (impulses), 2 are downwards (corrective).
:D
Just kidding...
Thank you for reading.
Namaste.