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Eos (EOS) - October 6

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(EOSUSD 1W Chart) - Mid-Long-Term Perspective
Above the 2.8250 point: The uptrend is expected to continue.

Above 6.4053 point: Expected to create a new wave.

However, the trend is expected to change depending on how it can break through the psychological resistance section formed in the 8.1435-9.0500 section.


(1D chart)
Volume profile section: 2.8250-6.4053 section. (It is formed over a fairly wide section)

Resistance section: 8.1435-9.05 section.


It is expected that the trend will be determined according to how it deviates from the volume profile section.

If the BTC price rises to the end, it is expected that circulation pumping will start as a priority among alpcoins.

If not, you will most likely be promoted to a lower priority.


I think the resistance zone is actually a psychological resistance zone.

Therefore, if there is a sharp uptrend, it is expected to break through the upwards immediately.

However, whipsaw may occur, so you should think about how to deal with it.

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(EOSBTC 1W Chart) - Mid-Long-Term Perspective
(Enlarge: www.tradingview.com/x/8cnTpE2U/)
I need to see if I can keep the price above the 0.0000856 point.

If the price is maintained above the 0.0001470 point, it is expected to turn into an uptrend.

However, we expect it to rise above the 0.0003040 point to continue the uptrend and create a new wave.


(1D chart)
It is necessary to check if there is support and upward movement in the 0.0000856-0.0000979 section.

If it declines from the 0.0000856 point, the CCI line is expected to drop below the -100 point in the CCI-RC indicator.

Such a move could lead to entry into the mid- to long-term investment realm, requiring careful trading.

However, it is possible to touch the support section formed at the 0.0000736 point and rise, so you need to think about how to respond.

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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.

The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.

Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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