EOSUSD consolidated hard after its fall. Sideway movement is good as whales could be looking for opportunity to buy. Look for a surge in volume and a confirmation from price action before buying.
EOS is forming a symmetrical triangle. Looks like it could break out from the triangle after the Bitcoin Cash hard fork later today. Volume is still healthy but market depth favors more to the sellers. Watch out for hourly price action.
Seems like EOS reached a major supply region. The long wicks we see in the last 2 candles indicate that people are taking profit. Be careful when buying near this zone. There's always a possibility of going up but there's too much risk. EOS could retrace down to the .618 to .5 levels.
Looks like EOS is about to take profits. Be careful if you buy near the current price at 1.72.
I have no idea what I'm talking about, but this looks cool and if it happens I'm rich.
Define your risk and let the signals keep you on the right side of the trade. Be mechanical. Be disciplined. Be consistent.
Currently I see three possible movements. With time one will crystallize out. Let's see what happens. Happy trading. :-)
I think it's likely to see a bottom in all the 'Larimer' coins: $BTS, $EOS, $STEEM...Might be worth checking it out. I'm long $EOS again, participating in today's auction via my trezor. I'm also holding a Peerplays stake. Best of luck, Ivan Labrie.
See my earlier idea for the blunder. Thanks
In my earlier idea on EOS I felt that the smal green in big red wave was going to bounce on the $ 2 support. Now that is has broken trough already, the next approaching double red line AND the current market situation...I feel we will most likely break trough the $ 1. After that there is no support. But On the bride side it could be a traders wet dream bouncing...
After a new currency was added to one of the major exchanges, a "high-flight-bubble" came on short-term. After that, a phase of relaxation often follows. Here three ideas ... Let's see what happens. Happy trading. :-)
The time frame of eos is very short. The analyzes are therefore very fragile. I see two possible trend channels just now (down red/green an up pink/purple). Point 1: Here could be a first up, if the resistance will break. Point 2: Here could be also an up later. For me 2 is more possible, because we should see 23.6 fibo bottom. Let's see what happens. Happy trading. :-)
Here comes another drop...
EOS seems to be in a bullish phase. Entry : 0.0180 TP : 0.0197 SL : 0.159 this is my own opinion, not an advice. But please share your thoughts :)
I see a ridiculous rise into the green followed by steady profit taking, it will probably move sideways a bit here up and down 5-10% for a few days until the market works out whether this project is fundamentally promising
Approaching cup and handle formation entry. Get ready for a 37% gain. watch your stops.