EOSUSDT trade ideas
Eos(EOS): Has Massive Drop - Might See More?We are back with EOS, where we had a major drop for this coin, resulting in almost a 50% dump for the coin.
Now we are looking for prices hovering near the local supportive zone at $0.73, which will determine the next major movement.
If we manage to hold this zone, then we will see a good re-test of upper resistance and EMAs, while if we see a breakdown, then movement towards the liquidity zone will be most reasonable!
Swallow Team
EOS ANALYSIS🔮 #EOS Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #EOS and perfectly retests the level. It's a weekly time frame breakout and we will see more higher price in long-term.
💸Current Price -- $0.8514
📈Target Price -- 1.8200
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#EOS #Cryptocurrency #Breakout #DYOR
EOS/USDT it is required break the resistance for continue upward💎 Paradisers, the recent market dynamics surrounding #EOS have indeed been noteworthy.
💎 EOS experienced a false break on the lower time frame (LTF), indicating the potential for a revisit to the Bullish OB area to gather momentum for another attempt at breaking the resistance.
💎 A successful bounce from the OB area and subsequent breakout of the resistance could signal bullish momentum, leading to continued upward movement.
💎 Reaching the supply area would require another breakout, potentially propelling EOS towards our target strong resistance.
💎 However, if EOS fails to bounce upon testing the Bullish OB area or even breaks below it, there's a chance of revisiting the major support area. EOS has previously bounced from this area three times, often indicated by wicks, suggesting strong buying interest at that level.
💎 Bullish Invalidation would occur if EOS fails to sustain its price above the major support area, resulting in a candle close below it. This would signify bearish sentiment and could lead to further downward movement.
MyCryptoParadise
iFeel the success🌴
📊#EOS double bottom structure rises📈🧠From a structural point of view, the short goals have been achieved, and a double bottom structure has been formed in the buying zone. There is a high probability that we will rebound according to this structure.📈
➡️From the perspective of wave theory, the third wave may be rejected when it hits the resistance zone, and new participation opportunities can focus on the neckline and the buy zone marked on the chart.
⚠️Don’t forget risk management💯
✔️Trade safe✔️
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#EOS/USDT#EOS
The price has been moving in a descending triangle since July 2022
The price has just broken the downtrend and is about to break out.
To break through Moving Average 100
Current price 0.73 $.
First goal 1.31 $
Second goal 1.87 $
Which represents 300% of the current price.
We notice a strong oversold presence on the MACD.
There is also upward momentum supported by the market’s rise in recent days.
The moving average is about to be breached, which will contribute to the currency's upward momentum.
Correction points must be taken into account.
LONG #EOS increased trading volumeLONG #EOSUSDT from $1.136 stop loss $1.125
2h TF. The EOS coin has currently formed a preload to horizontal resistance levels. The trading volume has been increased to 145 million. Since the lows are not updated, but the price is pressed to the highs, this indicates an uptrend and the dominance of buyers. The basis for entering a trade will be a proto-trading under the levels and an impulse breakdown with the removal of stop losses behind them.
EOS to $2.5: A Quantitative Analysis PerspectiveAs a quantitative analyst and algorithmic trader, I find EOS to be a valuable asset within my portfolio.
My algorithmic trading strategy operates within a cloud-based system that incorporates two distinct edges designed to capture various market trends: a medium-term edge, positioned closer to the current market price, and a long-term edge, situated further away.
You can observe my entry points and targets on the chart.
Please note that any market analysis provided here is solely for informational purposes and should not be construed as financial advice or a trading signal.
📊#EOS has the opportunity to form a double bottom structure📈🧠We have been consolidating for a long time after achieving the daily level target. From a structural point of view, we have the opportunity to build a double bottom bullish structure near the neckline buying zone. If we can successfully break through the previous high, then we have the opportunity to see to above 1.867.🚀🌕
Let's see👀
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EOS Trading IdeaSuper strong bullish divergence on 1W/1M (Rsi growing/price falling)
Multiyear trend breakout could happen here when EOS price breaks through (around) 1.3$ per NYSE:EOS price. Orange line is resistance line.
Green lines are conservative goals.
Don't forget $18 per NYSE:EOS was ATH, so I believe price should reach at least $10 per $eos...
You can DCA into it at right away. or wait until it breaks resistance line
EOSUSDT.PHello Trader BINANCE:EOSUSDT.P
demand area middle trend reject, possible retest area demand in 1.058 - 1.070, area max target short 0.898
take profit 16%
stop loss 4%
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Disclamer: Not Financial Advice