EOS/USD show us good short-call to the 6$. Two similar pennants with calculations in Fibonacci lvls.
Welcome. Fresh look at the most volatile margin coin. Performance is outstanding, giving opportunity to accumulate huge gains. EOS behaviour is very bearish these days. Anyways, I see great buy case. 1. Price is near to high volume green candles levels. 2. 0.786 Fibonacci retracement is now crossed, but preceding candle has closed on it. This opens chance...
Re opening my short from my previous post. It looks like are completing the ABC correction of wave 2 of 5. More downside to come. I will be looking to enter short positions near the $11.
The last two short trades posted by me have been really profitable. EOS had nice a little pump on the main net news. I still think it has one more wave down before we see a strong bounce on this as well. BTC is also expected to dump soon so EOS can be a real good shorting opportunity from up here. Target is around $8.
The last short on eos was really profitable. Expecting another good shorting opportunity here on eos. EOS looks very bearish. I think it still has one more wave left down before a bounce back up to around $9 region. Oscillator shows hidden bearish div which is a sign of continuation of the trend.
Looking for patterns on the large scale...
Well the previous long trade was bust due to btc dumping. EOS finished the 5 wave structure with a truncated 5th wave. This completes wave 1 of larger degree and now doing the ABC for wave 2. This is a good short opportunity now. Target - around $12
Seems that one of my main channels in the version I posted a moment ago was possibly off. I prefer this version. Keep in mind this is an attempt at pattern recognition and forward discernment.
EOS is great project with strong fundamentals. This coin has been showing hyperbullish moves. I think we are currently in the wave 3 of primary cycle subwave 3 after putting a huge 1 and 2 of 3. This should be the most bullish wave for eos.
EOS is currently is finishing wave 4. Looks like a flat structure with 3-3-5 wave structure. Next impulse should it take it to around 17-18$ before we see correction of a larger degree.
EOS just completed an ABC correction after a 5 wave impulsive move. This is a good area to long. Oscillators also signs of bullish diveregence Target - $13.65-13.85$
Although we did hit 0.618.. BTS has retraced regularly to 0.9 in the past... That said, the tiangle seems to end a 0.786 so I'm hoping for an impulse at that point. *** Something to keep an eye on : BTS seems heavily correlated to BTC...
Welcome to my new idea. Since cryptomarkets show less rapid downtempo We could observe differences between them. EOS behaviour is well known these days, I understand EOS bulls reason that's why I would like to put solution on the table: In short term investment EOS brings a lot of gains because of its volatile nature, stronger than in BTC's case. New ATH on this...
Looking at the EOS trends
As you can see in the chart, the resistance line will be broken soon. Increasing volume as well as the positive RSI tell us EOS has a bullish potential. Target: 0.0018821 Stop: 0.0015686 Risk/Reward ratio: 3.71
$EOS is currently in a very bullish mood as its mainnet launched last month. For me, it is forming a solid move and it has been outperform all those big coins (BTC, ETH, etc). Always read the chart commentary
Honestly I beleave that EOS can do this or partially can ))) Approx target levels around $90-130. I publish possible levels based on logariphmyc trend chart. Now we have breakout main bearish line and has a super tight BB before this. It can be signal, that correction of first wave is over. We have 0.618 fib touch and more than 12 days of correction. It can be...