What if the daily chart doesn't break the trend line up? Can Eos goes down while the rest of market going up? Or perhaps a big crash is comming?
If this works, then we probably see 8100 as next support.
Ascending wedge, and a short opportunity
See what has been forming and bot sides are now almost identical! If the last part goes same, we should have a sharp drop which can be explained by a head and shoulder which we had expected several times and each time didn't happen! In BCH you can see the pattern more clear. this may sound crazy but I think after this small rise we should expect the drop fpr a...
If it just breakdown the 205-200! Then I guess nothing can stop it till 160!
Another sign for being catious of a drop! I beleive I return to 6k is very likely. So far nothing is bulish, it's just a lower high. This is only my thought to chalenge other people to discuss it. Please comment if you agree, if not share your idea.
We all knew the market need a downtrend to have a healthy ultimate uptrend, however I couldn't beleive that would take that much of time. I was expecting this earlier and to be honest lost lots of money being bear. But now I think we are close to the moment! Let see. Please be cautious, this is not financial advice or signal, it's only my love to share and...
A divergence is going to ha happen? if this happen, a sharp decline would be expected!
Can we consider this as a double top with target price of around 200? Please give your thought as a comment.
You remember the head and shoulder on 4 hour chart that we were discussing for awhile. Now the same pattern is going to form on the daily. Well depends on next few days we will see!
Get prepared for 5800 even less! Huge drop will happen in comming days I beleive! See the divergence and also double top that is forming.
Divergence and wedge! One more upper line touching and returning to go down I beleive!
Divergence and a wedge. Both bearish! Same pattern in almost all other coins!
The main downtrend line is not broken yet! Have you noticed? What do you think?