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...
EOSBTC is showing signs of parabolic volume surge
Targets 1 to 3 and stop limit posted on chart above.
Which alone is not enough of an indicator— being on the 2H chart with a huge red candle on anything smaller; thus confirming this is a most likely mid to long position.
If you are a lower EMA forex trader or dare I say if...a day-trader then...
Hi guys its Brian here. EOS is currently at a major support level where price has bounced off it and went on to make a strong upward trend.
Very good risk to reward ratio if putting stop loss just slightly below the support in case it doesn't hold and price breaks below it.
Conservative target has been placed at the next short term resistance but you can aim...
#EOS/BTC (31 May)
EOS is having a lot of positive information and is moving to the top line of the Bearish Flag pattern. Target maybe up to 12400 but surely, EOS is not a coin to hold long-term at this time
Current price : 9135
Buyzone : Close to 8860 as possible
Sellzone : 9400-10300-11400-12400
Stoploss if price is lower than 8400
Quick TA on EOS, we see a breakout from its wedge,
Target to look out for at 0.00100000 based on Fibonacci levels.
But hold your horses, we may see a pullback back to approx 0.00083000 before continuation.
ADX level to look out for is at 20, signalling momentum coming in.
RSI grossly overbought right now, so i would be patient.
Here we have EOSUSD 1D chart.
In this interesting idea we are watching a formation of a perfect bullish reversal pattern H&S which will lead the price directly to 9-10$ in the next few weeks.
It's sound not clear on the daily chart, but on the 1W we have a neat pattern and completed formation is coming
on 1W time frame:...
Buy Price: Green Zone
TP: Blue Zone
Support: Orange Line
Resistance: Purple Line
SL: Red Zone (I don't recommend to sell in loss.)
Invest Suggestion: 30 Percent
Profit Expectations: 30%
Another pattern found by me and we will have a reverse on the pivot! Just follow the targets and lets profit!
See me previous analysis and how profitable the are!!!
Buy Price: Green Zone
SL: Red Line
Profit: Blue Lines!
Invest Suggestion: 20 Percent
Profit Expectations: 10 - 20 Percent
Looking at the chart of EOS, we could see all indicators pointing to buy it!
We Have the 13 HMA crossing the 34 HMA and crossing the 50 HMA, indicating that we have a growth tendency!!
MACD blue line crossed and below 0!
EOS Complete his Pennnat Formation & Now We are Ready to take Entry Breakout Points then we can Set target as well as Poll Height.
Set Stop Loss own RR Ratio.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!