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EOS

EOS - Wave C completion ✅EOS is currently in a higher timeframe ABC correction. The chart posted is showing the C wave in detail, which has 5 subwaves. We can see that subwaves 2 and 4 are ABC corrections and now we are currently in the 5th and final subwave. We have marked out the extreme lows for EOS which falls at 1.365. It is possible we may retest that level before we start the bullrun. For the 5th subwave we are currently in, its likely we'll see a descending correction for the completion of C wave. The bigger trade is the buying of EOS from the bottom, which we can identify better once more price action appears. Trade Idea: - Wait for more price action to appear - Likely it will be a descending wedge, which we can mark out - Watch for break of descending wedge and enter - stops below the wedge - Targets: 3.6, 6.4. - Longer term targets: 9, 14 What are your thoughts? Let us know below! Goodluck and as always, trade safe.
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by WicktatorFX
3
What are you up to EOS?If you zoom out on a daily chart, EOS had quite a brutal 12 months, from braving $15 (14.9-ish) to barely worth half a bottle of Fiji water. It looked like EOS was ready to retrace a little yesterday, but I was early on volume, it was 50/50. Today however volume % is in a decent range, and general TA metrics are ripe for a retracement (again). Two things can happen at this S/R grey channel, Bulls will try to pump last minute, or a mild retracement towards 2.44. Volume profile shows the Bears dominating today, making the retracement a more likely outcome (but I'll wait a few hours to make a decision). Burdened with 2 descending channels, EOS is still eyeing 2.8 and 3-2.9 range. Both are Fibonacci levels, so it's not set in stone. Either way, channels are king on this chart. This is my Thesis, targets are purely hypothetical based on my analysis. This is NOT Investment and/or Trading Advice. Happy Trades! ❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
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by WhoIsWu
2
EOSWhy EOS? Over the last few months, members of the $EOS community formed the EOS Network Foundation. The community voted to effectively fire B1 and to instead take power into its own hands. This made EOS the world's largest DAO, other than Bitcoin. One reason $EOS received so much early hype is that the technology is superior to every other chain. This allows developers to build applications that aren’t possible on other blockchains. 4 years later, $EOS remains the most performant & battle-tested Ethereum alternative. The issue for $EOS was a lack of leadership & coordination. Everyone expected this to come from B1, but it never materialized, so most people left $EOS for chains like Avax, Fantom, Solana, etc…that has now changed because of the EOS Network Foundation. This change is why you see people like Dan Larimer and many others returning to $EOS and saying they are “all in”. Next month, a catalyst event is coming: EOS EVM. This will bring plenty of dApps and users to $EOS. Lots of developers are planning to build apps on $EOS this year because the tech will enable next-gen apps. Plus, transactions are FREE. The other major catalyst that is taking place right now are all the #EOSIO chains uniting and working together. That means you have $WAX, $EOS, $TELOS, etc working together. $EOS at one point was the #3 coin in all of crypto. Its price was over $20.The chain finally has leadership, funding & coordination thanks to the EOS Network Foundation. Best regards EXCAVO
ELong
by EXCAVO
12
EOSUSD Potential for Bearish Dip | 14th April 2022Price is near sell entry of 2.3655 in line with 23.6% of Fibonacci retracement and 100% Fibonacci projection. Price can potentially dip to the take profit level of 2.1257 in line with 61.8% Fibonacci projection. Our bearish bias is supported by price trading under Ichimoku cloud. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
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by Rockqet
EOSUSDT Hello Crypto Lovers, Mars Signals team wishes you high profits. A one-day frame for EOSUSDT The price was not able to move upward after hitting the top of the resistance channel and as it is shown, a weakness is clear in the trend. Then, we faced a revision in price and at the moment the price near the support zone is fluctuating. This can support the price but in case we lose this support and by remaining under the support line, more loss in price would happen up to the next support line. Actually, this is not so much probable here. Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position. Wish you luck
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by MarsSignals
2
EOS/USD Secondary trend. Wedge.A secondary downtrend forming a wedge is developing. But, it should be noted that volatility has decreased significantly, but there is no significant volume of buyers yet. We work with a breakdown (rollback, breakdown) of the wedge resistance (important, high volume of the buyer) or with a stop loss at the current moment before the breakdown (risk). It is worth noting that during previous resets before a trend reversal, the price fell 2 times to breakdown in the $1.3-1.6 area. In that case we can use stop with buy orders (not close to stop loss), in case of a similar scenario (not necessarily). Here you can see what I described above. Just keep this in mind in your work.
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by SpartaBTC
1
💡Don't miss the great buy opportunity in EOSUSDT @EOSIOTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (2.826). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EOSUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 53. Take Profits: TP1= @ 3.001 TP2= @ 3.143 TP3= @ 3.310 TP4= @ 3.492 TP5= @ 3.764 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
ELong
by ForecastCity_World
9
💡Don't miss the great buy opportunity in EOSUSDT @EOSIOTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (2.826). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EOSUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 53. Take Profits: TP1= @ 3.001 TP2= @ 3.143 TP3= @ 3.310 TP4= @ 3.492 TP5= @ 3.764 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
ELong
by ForecastCity
4