A VIIEW OF LAST SIGMAL ON H2 WITH EOS USD FROM BYBIT EXCHANGE. SEEM THAT DURING A DOWNTREND THE MOST PROFITABLE SIGNAL ARE SHORT, MAYBE USING A CHANNEL AS REFERENCE YOU CAN CATCH ALL THE ONLY "TREND" SIGNALS WITH ACCURACY. IN THIS CASE SHORTS.
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EOS has been trending in a downward channel since breaking down from recent highs. The RSI is breaking down into an oversold territory as it flats out upon each drop showing signs of life of buyers coming back into play. There is an expected bounce coming in and long opportunity from the zone of 3300-3400 sats. This support has held very strongly in...
EOS can be seen to be showing some bearish movement, following the formation of a H&S pattern, this comes after a inverse H&S also formed. This can be seen to also be occurring on the BTCUSD pair. The alligator can be seen to be eating bearishly and green line will most likely be rejected at the pink line, while more bearish action takes place. A return to a...
$EOS crashed 35% since after a cycle high.
Ideally, it needs more time but we found support at the 50% fib of (iii) Meaning this can easily be an (iv) subwave finished. If true, this means that we'll see a swing higher over time. Taking out the current $5.5 cycle high.
And there she goes.
Let it play out...
We go together
Together we are...
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...
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
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.
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!
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.