Two ascending channels can be observed which both led to a H&S one inverse. This then led to a large gap down followed by a large gap up.
EOS/BTC EOS broke outside the falling wedge pattern but looking a bit extended, I expect the price to consolidate above key support area at 0.5 Fib level. We could see some minor pullback to retest the 12 & 26 EMAs to confirm as new support before potentially continue its uptrend up to the 3800 - 4000 regions.
Priceline of EOS / Bitcoin cryptocurrency is forming bullish Shark pattern and soon it will be entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 0.0003163 to 0.0002942 Sell between: 0.0003402 to...
$EOS Weekly This is one bullish macro scenario I'm looking at. Before taking any long positions, I'd look for the lows to first be taken out followed by strong volume leading the reversal; from there I'd consider longing any logical pullback into HTF resistance (4721, 7006).
Possible descending scallop (short term bullish reversal) confirmed by a Adam and eve formation. Overall bearish sentiment while in channel. I mainly do this for fun so let me know areas I can improve on!
EOSBTC Looking for further corrections if this current structure breaks down, which it looks like it most likely will. Only bullish signals are that it is printing higher lows, there is definitely room to move lower, even after a significant correction following the H&S pattern. Included a bearish pennant for anyone learning patterns.
Consistent higher lows, possible sharp drop before price rise as seen in previous bull runs.
Still trading within downtrend range, possible inverse H&S setup waiting for drop for entry.
Hello, Traders! Monfex is at your service and today we overview EOS/USD . Latest news: The blockchain company Block.One, which developed the EOS protocol, agreed to pay a $ 24 million fine imposed by the court on charges of SEC of unregistered securities trading during the ICO organized by Block.One in 2017-2018. Against this background, the price of EOS...
Hi, dear Traders! Monfex is at your service and today we overview EOS/BTC . EOS is moving towards the diamond support zone now. RSI has entered a recession phase in the oversold zone and by that time the price will just drop and you can expect an upward movement from the support zone to the first target. Market Cap $2 774 501 506 USD Volume (24h) $1 619...
Priceline of EOS / Bictoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 0.0003458 to 0.0003274 Sell between: 0.0003603 to 0.0003950 Regards, Atif Akbar...
Hello, Traders! Monfex is at your service and today we overview EOS/USD . There is a medium-term resistance for the EOS of about $ 3.95 , upon reaching which the EOS will break through the global resistance lines. Locally, there is a falling wedge and a downward channel. Breakout of $ 4 will confirmation of bullish trend. Before the end of the year RSI...
$EOS -Smack at weekly resistance -Lower TF's show multiple attempts to breach resistance, however we haven't been able to just yet, so I would be patient here.
Since Feb 2018 the priceline of 7th largest cryptocurrency EOS moving within a triangle. After Dec 2018 the price action is hitting the triangle support. The candle sticks are also hitting the bollinger bands lower band. The stochastic went in oversold after Jan 2019. In the meanwhile the price action also formed a bullish BAT pattern at the end of triangle and...
$EOS In between a rock and a hard place. Volume isn't really impressive. I'm not taking a position here, we're too far gone to short, and I'm not confident enough to take a long.