EOS with a solid rejection off the current supply zone created from December drop.
Zooming in on smaller time frames we had a double top with slight divergence and the following rally failed to make a higher high.
Daily candles printed another bearish body confirming the rejection from supply.
I can see over the following weeks a retrace the the 50% of the current...
Looking at Strat on a 1 day chart
MACD looking for form a nice bullish divergence (Not confirmed yet)
Willy is stupid and trying to form a W
In the buy zone between the 786 and 618
OBV healthy and formed a W
Volume picking up
Price sitting right on top of Below value
Would like to see it break the down ward trend line to confirm breakout
Double bottom in...
We highlighted the areas most likely to have a tradable reaction with low risk and high reward. The analysis is based on the confluence between fibs and former support and resistance levels.
For now, is in a good shorting zone. It rejected the 200 daily MA and the golden zone and it also printed a bump and reversal pattern. So it either goes parabolic for another...
EOS Token (EOSBTC) has been doing some really good bullish action. Not doing much retrace and moving strongly on the way up.
Take a look at the chart on the right, this is the daily chart for EOSBTC.
Here you can see that EOS has been breaking resistance after resistance since it hit a low point on early December.
EOSBTC already took out one of the strongest...
Like with the rest of the coins, the increase of the total market capitalization and the higher trading volumes than usual, have brought the price of EOS above the 20 days Moving Average on the 8th of February and a bullish trend (on a 1D chart) has begun.
This growth of 0.70$ (or 29%) was registered in only 5 days and it was announced on the 8th of February by...
. EOS/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
. There is a possibility of temporary retracement to suggested support zone (2.2000 to 1.5500). if so, traders can set orders based on Price Action and...
EOS out of the major alts has always been a nice mover with great volatility. It has been basing in this 2.10-2.40 range for quite some time building up STEAM for a move.
We are starting to approach some long term resistance stretching back from december. We have failed at this level now 3 times and approaching it for the 4th time.
Every time you test a...
Pure geometrical analysis including Fibonacci levels based on distance and not on price levels..
After ATH (The only ATH arrived after beginning of the bearish market) EOS designed 2 bullish impulse separated by a 3 months flag movement.
Potential target of the second arm is the same percentual loss of the first arm (80% over 114 days). Target ca. 1.20 dollars...
This chart is a build upon "GordonGekko33" ... looks like we have at least 1 good move down... we need to keep an eye on eos... personally im long but it looks like there is an opportunity to get some on the cheap :)
This is not financial advice and should not be taken as such, this chart is...
Uncanny similarity for the start of EOS to that of ETH.
It is important to remember that there are 9x the number of coins circulating, so to achieve the same kind of prices, the market cap would need to be c. 9x of what ETh's was at its peak early 2018. Improbable but not impossible.
Given that EOS made significant gains in a bear market, i would suggest that if...
EOS is a blockchain platform for the development of decentralized applications (dapps), similar to Ethereum in function. In fact, supporters have dubbed it the Ethereum killer. It makes dapp development easy by providing an operating-system-like set of services and functions that dapps can make use of.
The idea behind EOS is to bring together the best features...
As the last movements of the markets are more than bullish, we could say this is the more probable scenario.
We suggest to buy the breakout of the descending resistance and then you have two options:
1) SAFER: Sell in the red area
2) AGGRESSIVE: Hold it longer.
We think that after the second resistance breakout, we could possibly visit new highs....
It must drop. Plenty of SL here for a good gain. God knows what ETH will be worth but I think its gonna happen pretty soon. For it to logically happen it would mean ETH has to rise and EOS has to fall in value. How will that happen? Does that mean long ETH VS usd too? Nao sai. One thing I can show you is divergence.
3 v 1