EOS invalidated temporary support after breaking down from 5200+ sats. A quick scam quick down to 200MA was eaten up by bulls, showing strength in the coming bull run. I expect a further rise from here and a breakout from the wedge. Look for T1 at 4350 sats, T2 at 4510 sats, T3 at 4840 sats, and lastly 5100 sats. T4 will peak off at a double top, I...
$EOS leads the 2020 rally and I can make a case that eos finished its retracement already.
There is a slight chance that this transforms into a falling wedge to $3.29 but we'll see.
Bulls need a move above
EOS showing some loss momentum Let's wait until dropping back to our support area between 5028-4920 sats this area is a good place
to Buy but unconfirmed yet wait how EOS will react to our support trend-line if the price can manage to hold our Trend-line support
potential next wave bull rally is coming potential target for LONG entry up to 5222-5382 sats.
Friends, please before reading, support this idea with your Like and any Comment, thanks.
You can buy EOSUSD from 3.52, 3.36, 3.24
Stop-loss at 3.1
You will find more trading ideas in SAV Finance community.
Ascending Scallop formation, big buy signal if this continues and forms a handle, this is based off an expected rejection at EMA level. A golden cross on this daily chart can also be observed. Ascending scallops perform better in bear markets. Short term bullish continuation expected.
breakout confirmation took place from our last analysis we have come to a slingshot situation between two demand zones EMA200 is about to make that mighty cross.
Premium Leverage trade update< leave the last Target open.
We are now testing support after previously testing resistance in the 5300 area. We have wicked multiple times below support but the body did close back above. I believe we are going to test the 5300 area again
Bit early but thought i'd do a valentines day sketch, hope everyone has a valentines sorted :P Clear higher lows, could even be an awkward symmetrical triangle. More of an ichimoku analysis, explains on chart. Enjoy!
EOS Token looking very nice for a potential buy! On the weekly and daily we are seeing potential cup and handle patterns forming and we could see great gains from these moves! Many of the other top altcoins have gone up more than 30% over the last few days/ weeks EOS has moved a measily 11% in the last 7 days, this is nice but nothing compared to what we could...
I believe that $EOS needs one more high to conclude the third wave. Coming days will be choppy (see chart)
+$5 around the end of February? Hmm maybe...
Losing the support zone will be a bearish warning.
First of all take a look at week timeframe chart. It is very promising.
But what it tells as well is that it is just consolidation channel, so price may swing up and down for some more time. Given buy/long zones are for bullish scenario, where price don't move to the bottom of consolidation channel and slowly start to grow...