The image of an inverse shs becomes more and more blurred. Anyway, the indicated trend channel might be important and an reversal therefore soon possible. First a dip unter 0.008 is possible.
i think, this is a good zone for buy, and take profit u can put at 100% fibo (0,68373) or let my t/p good trades brothers.
This is just a quick update on EOS. Obviously it's bullish. Nevertheless, we can expect some minor retracement before further gains as we're currently overbought. My long-term target remains 0.05ETH by Q2 of 2018. If I had to take a guess $10.8 would be a good long entry. Check out my website: www.jlteng.com
In the long term, I believe EOS is extremely bullish. Nevertheless, it's overextended and more corrections may be coming. We can observe bearish divergence in the past few days, too. Unlike IOTA, EOS has not overextended as much. (note IOTA has much higher supply) It's possible that a new trend line is legitimate. For extreme bullishness, a rebound @ .618 = $7.2...
EOSETH has had a great run since my last post. At this point, we've just broken the channel, and indicators all suggest overbought condition. Besides, testnet will be alive in a couple of days, and the price of the news has been fully discounted. In this context, I expect a short-term adjustment / consolidation. Maybe the price will move sideways instead of...
A couple of days ago, I posted that EOSETH is very bullish (see link). I believe this trend will continue. In terms of waves, we are merely in Wave 1. The most bullish move will likely come in Wave 3. Within Wave 1, now we are in about Wave 1.5. As the testnet will come online on 4 Dec, I expect this leg to continue as least till 3 Dec. I think $3 is...
As the chart shows, EOSETH appears to be in a very bullish channel. It seems to have completed two rounds of retracements (@.5 and .618 levels) and ready for the next jump. I think 0.007-0.008 levels are possible before the next round of consolidation.
EOS is moving in an uptrend against ETH and was nicely bounced back after consolidating between 0.382 and 0.5 fibonacci levels after latest upswing from 0.00176 to 0.0048 level. However now a falling wedge may be identified + there is RSI bearish divergence within the wedge. I am expecting to break down and move to cloud and touch uptrend line again – and at this...
EOS seems to look quite bullish accordingly to the graph, we have recently seen this coin have a large run up over the recent month where the coin is now consolidating. You should follow the support and resistance lines on the graph to make the most accurate trading decision, if we fall below the supply line (support) it is likely that that trend will continue,...
EOS continues to be bullish, earlier resistance becomes support. Upside hurdles are still in tack from original TA. One of the hardest part about trading is knowing when to take profits, it varies depending on individuals risk tolerance. Hope the chart helps! ------------------------------- ETH address = 0x0c8d5ED184A7B827Dd6f490a57415d5862e0Fde4
This coin is going to release its testnet in December. Now it's forming an upward triangle and will probably break through in next few days. NOTE: ONLY ENTER WHEN BREAK WITH VOLUME.
Volume increase + BTC taking a bit of a dip. Possible EOS +20%. Will test $1.20 - $1.30 and if it fails Ill be looking to short some on the way down.
$1.00 Support can become resistance and it it tests it and fails - then im full bear mode (depending on BTC sentiment) $EOS has huge bounces so shorting with a tight stop is risky.
Either it starts to crash or a huge bounce is waiting
.90s bounce towards 1.20 and then l00king for lower high, lower high, lower high and eventually wash back to .75
On the Kraken exchange took small long position EOSETH. Trading on this exchange is somewhat complicated as funding is difficult for the novice trader. I deposited ETH from Coinbase. Looking long and take profits at R1 & R2. This pair is up over 50% already, so trade small and be proactive.
4H chart - EOS hits the bottom against ETH. Shortly we may be seeing a double-bottom confirming bullish reversal. RSI shows bullish divergence. Candles may cross the Ichimoku cloud upwards and so we may have confirmation of buying opportunity in the long term. Profits can be taken at different resistance levels and even swing trading can be an option to further...
We've finished 2nd wave correction, minimum target is 1st wave top. Long hard.