Bullish Harmonic pattern on EOS/BTC. Looking to take profit 50% at Target 1, 50% Target 2.
Looks like you can get a good 8% on this trade long with a 2-3% stop loss and 3% risk. The market has been absolutely wonderful with some great volatility lately. God Speed Gents, Mr. Manbearpig
$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.
Eos seems like it is almost done consolidating and it time to go up. it showed distinct movement while other major coins were pairing each others. I would say eos is the leading indicator. reward is greater than risk.
In my previous analysis i posted 2 possible scenarios: i was more bear than bull on eos so i shorted and closed with a small profit. I closed because i see here a better opportunity to short. Ichimoku and MA are bullish in h4, but MFI and squeeze momentum are forming bearish divergences. What i expect? I think that eos/btc could reach 4300 area in 3 days (23-24...
4H chart is Bullish! 1D chart Getting Bullish! 1W Will be Bullish! If you are not into it - You are foolish!
EOSBTC, Buy on H4. H4: - Structure: Uptrend - Tendency: Downward - Re -Test support - Above support and EMA -> Waiting signal => BUY PLAN: As picture
EOSBTC break bullish trend line. Closed bellow EMA 21 line. RSI and MACD bearish divergence.
EOS SELL 0.0003850 TARGET 1 : 0.0003606 TARGET 2 : 0.0003206 SL : 0.0003880
After dumping it seems like everything elsee went up except EOS. I thought EOS would be leading indicator, but not now. However, I will stick with my plan buying eos slowly because we got more space to work on upside for eos. Eos is about same level as other coins because it pumped first and then went up slowly when everything else got pumped. if It doesn't go up...
EOS seems to be acting differently then the other large cap alts. Pattern and divergence makes it look like there might be a drop soon!!!
EOS did not go up that much compare to other altcoins for 3days. After overall consolidation for all altcoins for a bit, eos will pump and is going to lead others. let's buy the dip and wait for it to pump one more time. it could go 4.5~4.7 level on next move.
Longed 36 but capitualted just before the break to derisk a bit. Will keep this long or relong on a retest of red line. Don't care much for EOS so will profit take anything
according to last analysis of "eosusd",the triangle is completed and i expect to bullish in new uptrend after find out the structure i'll update it soon possible scenario is zigzag pattern
eos is very fast in recovery and now near to breakout can it breakout Volume is quite good and bitcoin dominance also rejected so we can see very good movement entry : aaahh not right now this is big cap coin .. fakeout too so wait .
EOS just saw a perfect breakout that I had already posted in our group. But be cautios: Grandpa BTC hasn't broken the Daily EQ yet, and a bear break here could turn things around very quickly. The EOS will depend on the BTC bulls to break bullish in order to reach 4,50. Have fun watching! ;) If you had some value from my analysis, give it a thumbs-up & comment...
It looks like we've finished a corrective wave (WXY) wave 2. A double pivot bottom! Possible symmetry in progress. I will update as progress