It's quite a long range forecast here - we're talking about April or even later, but something big is a' brewing within #EOS.
Following on from a gentle curve down into a clear buy zone, and then busting upward from this buy zone only to consolidate down again indicates to us that Bulls are forming and another push upward is inevitable!
Eos is fast approaching the end of a large descending triangle, historically it appears price tends to break on the upside of these triangles, but not always..
We do have a Buy signal from Crypto Tipster v2 which is always very handy in making strong predictions so we'd suggest a rise of 10% is incoming up to the next level of resistance, but we're not 100% on...
💎Technical Analysis Summary💎
-EOS is back to the average price level after the breakout of the long term trendline
-It is currently retesting the $4 support area which is just above the key interest zone
-The recent low is at $3 so we can have a good buy interest down to the point
-Because this can be a good reference of middle support since 2018
Fibonacci circle for EOS
It can be seen that price is just sitting above 1.618
I expect price to stabilize above this area and break out bullishly
Also a Adam and Eve formation
Is in a good buy area right now
Allow the bottom to form
Market is going through correction right now, but some coins like ETH are recovering.
In my opinion, EOS is recovering too.
Wait until this recovering session is confirmed and then open your long positions... it's alt season so don't panic sell for now.
Wait for the breakout which happens right after the first closure of the 4H candle above the resistance area.
#EOS/BTC profit update:-
#EOS currently trading at 1700 Satoshi
And this is above resistance level.
I am still super bullish on EOSBTC
Now 163% up from our entry zone.
Entry:- 700 Satoshi ✅
TP1:- 1479 Satoshi ✅
TPs :- Waiting
Now Resistance 1 became support level.
I told you #EOS is 2250% potential from my entry level.
Support:- 1500 Satoshi...
EOS has been coiling under resistance for several months, and has been significantly underperforming the rest of the alt-majors while a lawsuit is looming. EOS is currently challenging an important trend line here while BTC is rallying. This is IMO a great spot for a good R/R play. Keeping stops tight.
#EOS/ BTC TA Update:-
Many Followers drop message about EOS/BTC so Again I am posting EOS Chart.
#EOS/ BTC currently trading at 710 Satoshi.
And before some days it was dumped till 660 Satoshi.
I am expecting very big move from here.
Last chart was also valid. Its not mean old is not valid.
This is best entry so I posted chart now.
Be frank My Target is...