Uptrendline support and SMAs:
On the weekly time frame chart, it can be easily observed that the price action of EOS coin has found if very strong long-term uptrend line support. And price line is not able to break down this trendline support for a very long time period. Recently the candlesticks of EOS have re-tested this trend line support and now moving above...
The situation on the EOS market has changed dramatically.
The positive dynamics of the EOS did not help the price to consolidate outside the global trend line. Buyers lost $3 . This mark was the critical point for reaching the $5 mark .
Thus, the price of EOS returned to the limits of global consolidation and the black channel of growth.
Now sellers are...
i caught the buy again and believe it is loosing momentum and could see a retest to 565 then maybe 550.
bearish selling at 600 is a safe zone with small margin risk.
good risk to reward. will sell (short term) but will try to stay updated on trading view.
this is just my speculation what goes up must come back down...
Please like and follow if you like my ideas...
major exchanges have accepted this coin.
technical anaylsis is positive and im bullish
i trade cryptos on the dips in the weekend
please like and follow to stay up to to to date
all my anaylsis is with years of trading and also it is my field were i have taught others to trade.
I will be doing more trades this week fx and stocks potentially.
have a great weekend!
Hi, friends hope you are doing good and welcome to the new update on EOS coin. After the drastic crash of March 2020 the price action of EOS coin has recovered more than 178% so far. Now on the daily chart the priceline is moving in a rising wedge pattern since after the mid Mar 2020. In the mid of August 2020 the price action for some time broke out the...
EOS/USD has an opportunity for 4Hour cloud support to kick it up into another round of local highs.
It's fitting some sexy paths, and is poised for another 20-25% continuation run every way I look at it.