Hi, today we are going to talk about EOS and its current landscape.
At the EOS we observe in a Bearish perspective one strong Uptrend Line, that if broken could bring the price to lower levels. As is charted above, the possibles zones of support wich the price might find the Bulls defense. On the other hand at the Bullish sight, an attack in the breaking of the...
The main reason for this forecast is that we are reproducing in a subtle, but quite close manner, the beginning of the bull market in 2015-16.
Btc had a strong push in Oct-Nov 2016, and behaved in a similar fashion as now, where it is consolidating at a rather high level, like it did in Dec-Jan 2015-16.
What happened after that, 3 years ago, is that major alts,...
You can see a great example of how the trend reverses and the beginning of a new cycle. after reaching the maximum, we fell for a very long time and after we reached the bottom and saw the first volumes of buyers, the accumulation zone began. I will say from my experience after the accumulation zone we will fly out with a large volume of large green candles...
Be very careful in your positions if BTC is on a timeline. Sharp moves or trend reverses are expected.
Remember, timelines can speed up the trend too. But in the right situation.
For example, Think about a bull trend. after several bullish candles, we have some low energy candles or even sideways move and after that, we reach to a timeline. In this case, we...
I have been a trader for 13 years and I have traded through the financial crisis . I have been around the block , I have gained and earned lots of experience while constantly learning from the best traders in the world. I am a full time trader , help/teach people how to trade properly and profitably .
I ALSO RUN A DISCORD GROUP OF VERY INTELLIGENT...
Many folks have been proclaiming that alts are dead.
Despite this current wave of sentiment one needs to consider the following:
1. Exchanges have incentive to list altcoins.
2. Users have incentive to buy altcoins
3. Miners have incentive to mine altcoins
Why is there merit to thinking that BTC dominance will rise to 100%? Seems unlikely.
In my opinion the...
EOS (EOSBTC) chart is now bullish and its price might start to grow strong soon... Let's take a look at the chart:
We have strong bullish divergence on the MACD and RSI. When this signal comes up on both indicators it signals strength.
Broke out of a descending channel.
Challenging EMA10 with a bullish candlestick.
TD Sequential bullish.
Being a coin that has done rather well in quarter 1 + 2 rising up the market cap considerably is a move to put EOS in the spotlight of new retail investors looking for riches and retirement with the click of a button.
A move from $2 to $8 Wont scare these guys off, who cares if were are buying a big players 4X bag when the next trip is ATH? I hear them cry from...
Use this as a guide to develop your own setup
Today we will focus on the Daily chart, Main Items we can see there:
a)Price is below the ascending trendline
b)A corrective structure was formed finding resistance on the broken ascending trendline
c)The fact that the price couldnt re enter to the ascending trendline zone, is a good signal for the Short...
Waiting what EOS will do on the bottom of the support if successful bounce I could expect to see 3% gain for short term and around 4-5 days reaching 10-13 %.
- Indicators show potential bottom (Williams vix fix) in this pull back with possible bounce from uptrend line!
- If not that we will see either retest of support and if it does not hold than downtrend...
EOS Token (EOSU19 / EOSBTC) moved passed EMA10 with high volume and is showing some bullish signals...
Trading above EMA10.
Increasing bull volume.
Strong bounce after low was hit.
Bitcoin starting to retrace...
These are some of the signals that are telling us that EOS Token can move higher.
We have a full trade with over 130% ROE.
EOS found support just above a major 1D level (3.2000) posting the strongest rebound since the May peak. This is the first step towards resuming the long term bullish trend. The confirmation of the bullish break out (and strong buy signal) will come once the 1D MA50 is crossed on a repetition of the January fractal. Target: $8.5000.
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High Risk Long can be considered around 4.07-4.33 if this area holds
61.8% Fib Area
200 Day Ma
As long as Bitcoin holds 9700, this is a high probability trade
Targets 5.12 & 5.97
Stop Loss: No Hard Stop, Manually close it if we break below 4 with heavy volume. Close at small loss or...
EOSUSD Been in a descending channel for some time now, and is currently sitting at a major level of support.
EOS may break out of the descending channel and begin an uptrend, or it may break it's support and continue downwards.
I think it will break the downtrend.