We closed above the 10 SMA weekly and trading above the 10 SMA weekly (orange line.)
Next resistance is the 20 SMA around $5.00; but I doubt it'll stop there. My signal is once we close and trade above the 10 SMA weekly for EOS/USD, it's a buy signal and hodl. That's it folks.
I am long EOS and will be holding it for a while.
LMT 1- 4.317$ (40 % of the planned investment amount)
LMT 2- 4.6335$ (60 % of the planned investment amount)
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I wrote this article myself, and it expresses my own opinions and this is not a call for investment. I am not receiving compensation for it . I have no business...
As my previous analysis. It's clear that EOS is being rejected by the 55 EMA and heading back to potentially retest lows once more. Another attempt at the 55 EMA can occur if BTC maintains it's price over the next week or so.
I advise to look closer at such an asset as EOS.
1) If you want to look ahead, you need to look in the past. Markets are cyclic, history tends to repeat. On the graphic we can observe a cycling structure.
2) According to the volume , at the moment the correction is almost over in the second wave which is a complex correction model representing itself in a double...
S-1 = 2.8
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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...
EOS is one of the most volatile altcoins. High risk high reward.
3.35 is a really important support zone. Breaking 3.35 will invalidate the impulse wave and will take us to 2.5 usd.
I am %70 bear, %30 bull about EOS.
I am scared to short any coins right now so I will be longing from the bottom.
Long from 2.5 - 2.2
Stop loss 1.99 usd