EOS/btc is hitting the 1.618 fib extension. It is very likely to bounce heavily at this point. If that was the case, then the wave 5 would be finally completed, and EOS could start a bullish cycle. The falling wedge pattern is of extreme quality, one rarely sees such a precise pattern. This is just an idea, for educational purpose
EOSUSDT good for long entry because we can expect a bounce from the support level. Entry : 2.20 - 2.35 level Resistance level 1: 3.10 Resistance level 2: 3.95 Stoploss: below the support zone
EOSBTC looks like a massive falling wedge. Currently, it appears to be at the bottom trendline. I'd say there is a strong potential for breakout to the upside in the coming months. Let's see what happens.
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...
According to Istanbul indicator, maybe 2602 is a good level to open long position. The above references an opinion and is for information purposes only. It is not intended to be investment advice.
EOS like LTC is ready to break upwards, be ready this is going to 8-14 usd.
EOS/USD is in a HUGE BULLISH FALLING WEDGE! BIG GAINS COMING! This is a very large falling wedge, very bullish. Even more bullish is that the price action is retesting the upper trend line of the wedge. Hold for a few weeks, may need to stomach large dips.. BIG GAINS COMING!! Trade safe my friends... BITFINEX:EOSUSD
If EOS breaks out of this three year down trend ... thank me later :)
This is to correct the previous post title error below. Click on the post for further details > ================================================================================================== The EOS.BTC daily chart 5 min. chart that made me enter around $3.39
If we can break this trend line to the upside ... the sky is the limit
AS you see EOSBTC is under MA200 for about 150 days. Now it is range mab making tops. I belive if it breaks the line, then it can go to the first TP which is close to MA200
the 50..... than another leading diagonal top at the 85 percent retrace.... Higher High.... WATCH THE FUCK OUT!! Waiting for years for this
after long term whales are huge accumulation is going on.. breakout will be very huge :) willimans %R monthly indator is much more bullish same as ETHEREUM :) short/mid term target: 9$/12$/14$/19$ long term target :58$/80$ be happy guys :)