I don't know much about EOS. Looking at it, quite a curious one as it's ranged for quite a while (up to June 2019) when other alt scam coins were being slaughered in the so called "alt winter". Price action shows a history of relatively short downtrends and uptrends. Will be monitoring this closely. + Broke a crucial support level quite recently. + If it...
Higher risk position due to the wicks in a couple of the previous candles. Order raised at the break of last printed small bearish candle.
EOS perfectly broke yesterday's bottom analysis with 7% in-profit already: => We definitely still have downward potential, but we have to keep a close eye on the current BTC tightening EQ: => It will be very hard for the bears to continue in case of a bullish breakout with BTC. EOS has a high chance of staying neutral in that case. If BTC on the other hand...
Look for further downside in EOS next week as the bitcoin market tops out and alts take a further hit.
EOS is currently grinding at the bottom support of $4,10-$4 psychological: Either we will see a bounce going on from here ( Mean-Reverting trade), or we will break the bottom ( Breakout trade), in which case we'll have the potential to go towards $3,60-$3,30, giving decent profit. Of course it's gonna highly depend on what grandpa BTC will do now: We can...
That's what manipulators prepare for us (red huge candles in the dominance of bitcoin = a full alt-season, not the fart that was in april-may). #altseason
Supply and demand levels for trade location.
There we can see a perfect setup for opening LONG position. Currently EOS is changing its phase from the downward to the upward one and can reach even 0.00048 point. However, on the way up to 0.00048 there are plenty resistance because of which the growth can stop earlier. However, we have to see at least a small rebound.
EOS/BTC went exactly like planned in the last post on EOS/BTC. Resistance has never broken, therefore the bullish targets were never activated and we dumped to each important area mentioned in the previous post. Right now we are about to hit my original long entry level. If that holds, expect a big move up, however stopp losses can be adjusted (higher risk) to...
Possible increase coming with EOS/BTC. Looking like a strong wave structure appearing as a wave 1-2. Not enough confirmations yet of direction but keep a close eye on possible trend movement.
Hello, Dear all EOS potential dump is incoming: 1. 4.7 is the resistance, tried hard serval times, but still cannot break, and the volume is decreased. 2. Macro crypto environment: bitcoin is struggle in down trend correction, whole environment is not good. EOS/BTC: 1. double top in 4H time frame. 2. RSI / volume divergence. Based on all of indicator above,...
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...
Hi! As Bitcoin is consolidating it may be an opportunity to the alts to peform after been correcting since Bitcoin's dominance were sucking alts powers. This is a correlated idea about Bitcoin's dominance that you could check it out: Neo were one of them that been showing so much strenght. As you can see in the chart we can test the trend channel, I've...
Hi Guys! Here is another buying opportunity. Take a look at the chart. Targets to achieve: 1. 0.0006000 2. 0.0008000 3. 0.0010000 Stop loss: 10/20% below the buy price. Take care! Good luck. Massive Hugs! WBM Team
The same pattern. Higher lows, lower highs. Entry: Put a Stop Buy on the high created on 20th of July (.0004159|+P) SL: HL (.0003731|-P) TP: * Setup conditions: H created today must be under yesterday’s H! therefore wait for a today’s close. Setup invalidation: LL will be created *I do not like TP on trend-following strategies – let the...