Eos has began consolidating itself again, with a nice support trend yielding a realistic view of its price action within the next following years,(long term)
For the moment short term if we see a volume increase within the 3-5$ zone over the next month that will be a really good indicator that EOS can step back into its bullish channel
the market doesn't have...
EOS is the native cryptocurrency for the EOS.IO blockchain platform with smart contract capabilities. The company Block.one created EOS.IO in September 2017 and it now has over 100 dapps with thousands of daily active users. It enables decentralized apps, or dapps, to be created by software developers. The platform is more scalable than many other blockchain...
EOS / USDT
We in this trade since 2.8$
Price now Consolidate above weekly resistance
Which is another chance for buying
Med term targets : 7-8$
Long term targets : 10$ and above
Invalidation : loss of weekly support (previous resistance)
EOS / USDT
After almost 1 year consolidation
Price finally brokeout strong resistance zone
( 3.8$-3.9$ )
This move was expected before
we bought it below 3$ and still holding
Now for mid - long term traders EOS must hold above 3.8$ by daily candles to remain in Bullish momentum
🛑 Any daily close below previous resistance zone can turn it bearish
EOS / USDT
The price in range between (2.22$ to 3.88$)
For almost 11 months
Tested this areas multiple times
Today we see good bullish signs on EOS
And in comparison with top alt coins keep growing
EOS didnt do so much in this period
=>Lets see if it can flip 4$ into support so we can enter on successful retest if that happens
And this will be safest...
Bears have really been trying to blow out this bullish channel but the support trend seems to be nice place for bear traps.
ADL is indicating that the bears are losing strength along with MACD forming nicely alongside CRSI being oversold ,which means EOS as a whole may be coming to the end of its overall decline.
rally volume and momentum is still very strong...