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EOS / TetherUS

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EOSUSDT trade ideas

EOS/USDT Break the Resistance Level, Bullish Momentum ??? Yello Paradisers, Interesting Coin! #EOS 💎 EOS has breached the resistance level on a shorter timeframe. Observing the indicators, EOS appears to be significantly oversold on the weekly chart, hinting at a potential upward trajectory towards the supply zone. 💎 Another positive sign is that the target for the Bearish Flag has been met, suggesting the start of accumulation and a likely upward shift for EOS. 💎 On closer inspection of the key support zone, EOS seems to be forming a Double Bottom pattern. The key resistance zone acts as the neckline for this pattern. This resistance is crucial; if EOS surpasses it, there's a clear path to the Bearish OB zone, possibly even reaching the robust supply area. 💎 This analysis would be nullified if EOS breaks below the key support zone and closes there on a daily basis.
by MyCryptoParadise_Nathan
9
EOS/USDT "Double Bottom" ?? Bullish ??Hey traders👋 Another one today is EOS coin with a nice potential for some bullish movement on daily timeframe! We are seeing a nice turnover to happen currently where BB indicator has already launched itself from lower zones and RSI is going under the crossover which should indicate to potential bullish movement here! Let's see what this one will do during the week! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Long
by SwallowAcademy
4
Eosusdt trading opprotunityEOSUSDT has breakdown a descending triangle structure, indicating a potential bearish continuation. Price has recently made a pullback in the form of a bearish flag, offering an attractive entry point. The target for the descending structure is indicated on the chart, and there's also an immediate area of interest to watch for potential price action. I will be looking to short EOSUSDT, expecting further downside movement. The perfect entry will be Near current levels or on a breakdown below the bearish flag's lower trendline. The stop loss zone will be Set just above the recent swing high or the upper boundary of the bearish flag. Profit target should be aiming at the projected target of the descending triangle as shown on the chart. But, We should Watch the immediate area of interest for potential price action; a significant bounce could alter the short bias. Thanks for reading through this and do remember to give your Likes
Short
by weslad
1
Brief Analysis ——EOSToday we have selected two tokens with high trading volume from the tokens listed on Binance for a brief analysis. They are EOS and INJ. Like we mentioned in our weekly recap, after the dump in last week, many ALT tokens fell back to the year-lows. EOS even created a new lows. After consecutive red candles, volatility drops again. The price maintained in a narrow range for 5 days. Although the bears have weakened, the confidence of the bulls has been hit and there is no direct increase. Conclusion: The high probability decline has not ended. Although both bulls and bears is weak at present, EOS maintains bearish on a large scale, so we draw this conclusion. We set resistance level at 0.622 and support level at 0.517. This support level is fragile and it is likely to be broken. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Short
by Sypool
EOS/USDT Has a breakdown...what now?Hey traders 👋 Next one on our watchlist is EOS coin. First things first we are mentioning that breakdown of trend which happened about a week ago resulting the first step for bigger fall. After that price did several re-tests at the crossover of EMAs but got rejected there as well. Now that price got several times rejected there we are looking for further drop to happen here but first we need to see that nice breakdown from the small zone of support If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowAcademy
9
Long term viewEOS currently finds itself within a bearish pattern in the big red triangle, but there's plenty of positive news surrounding the project. It has to finish its job with this red triangle to move out freely, so breaking the triangle does not necessarily mean it will go to the upside. It can achieve that by breaking the bottom line. If the price breaches this support level and falls below the red triangle, it could lead to further declines. If that happens, it does not bode well, no matter how good the project is. The founder needs way more marketing than improving the tech. The regulation news makes alts worst than the bitcoin itself. Bitcoin tests monthly, weekly, and three days EMA. I expect aggressive upward movements on Bitcoin for the summer. So, if EOS can sustain while Bitcoin does its job, there's no comeback.
by mira000
3