Looks like EOS wants to get above that trendline. If we come up and break above it, I think that we should get to the .618 FIB level. Target is higher but I circled some possible resistance at that level.
A possible scenario for EOS. Looks like we are creating an inverse head & shoulders with a target that should complete a right shoulder for a bigger inverse head & shoulders
Got many wicks on the retest showing a lot of support. Should have a move up soon. Not sure about the target because there are different ways to draw in the wedge. But it's roughly somewhere up there.
The tense situation in the altcoin market and the weak reaction to BTC's attempt to start growing is starting to worry. Analyzing the EOS cryptocurrency over the past two months, buyers have completely given the initiative to the wrong hands. If in the period of June 8-13, buyers had every chance to reverse the local sellers' trend, now we see a lack of...
Hello colleagues! It's time to update our EOS coin idea. The target of our previous idea has fully worked out and the price of EOSUSDT tested the range of $8-8.7 : In this range, buyers met resistance from sellers and an aggressive counterattack. In just 1 day, the price of EOSUSD fell by 30% , stopping in the range of $5.4-5.9 . Since then, starting on...
In fact, the month on the EOS market was completely calm. After the previous wave of growth, which ended on February 14, market participants saw a bright 40% correction. After these active actions, the price of EOS began a prolonged consolidation on the lower volumes . A new wave of growth began on March 31st. It was at this time that the situation on the ...
Patience, faith and passive defense. It is these three concepts that perfectly characterize EOS buyers. Over the past two weeks, the EOS market has had a difficult time . On February 22-23, the price of EOS fell by almost 40% . This event took place after an unsuccessful attempt by buyers to update the local maximum on February 19. In the previous idea , we...
After setting a new local high, The sellers began to correction the price of EOS. The active wave of growth lasted from January 28. Immediately after a firm fixation above the price zone $2.4-2.5. Our previous idea for EOS worked out perfectly: Already on February 16, the sellers lost their strength and could not properly close the day candle. As a...
EOS hit upper TL, but the price is still close to this TL. We can expect even a break out from the channel and ride back to ATH. I do not recommend BUY now. Just wait if we hold the line and break it higher or wait for a correction to $3.4504. ENTRY LEVELS LONG: UP TO $3.7200 $3.4504 $3.2692
If you are an EOS investor you remember well the market situation on January 10th . After a successful attack by buyers and great prospects for continued growth, the price of EOS turned sharply and in large volumes fell to $2.38. In two days, the EOS market fell by 40% . The main problem is in the mark of $3.92 . In the previous idea, we wrote about...
The situation on the EOS market has changed dramatically. The positive dynamics of the EOS did not help the price to consolidate outside the global trend line. Buyers lost $3 . This mark was the critical point for reaching the $5 mark . Thus, the price of EOS returned to the limits of global consolidation and the black channel of growth. Now sellers are...
The difficult period that lasted on the EOS market from December 24 is over. Buyers were unable to take control of the $2.6-2.7 range. Weakness of buyers was especially noticeable on December 30. In the previous idea , we assumed a short-term drop to the mark of $2.36 to check the presence of a big buyer. However, as it turned out, the range of $2.6-2.7 was...
The sharp drop in the price of EOS on December 23 caught buyers by surprise. The $2 test forcibly closed the positions of many margin traders. However, buyers were able to gather and organize a counterattack. The purpose of our previous idea has fully worked. Buyers were unable to take advantage of the critical range of $2.62-2.68. As you can see in the...
Miracles happen. The EOS market is a clear example of it. How buyers were able to keep the critical mark of $2.7 will remain a mystery of 2020. However, the counterattack of buyers from 11 December - looks indecently weak. During 13-15 December, buyers were fixed above the mark of $2.8, as you can see in the 4-hour timeframe, all the candles during...
Market in last 1 week EOSUSD saw an uptrend with the price riding the upper band Price volatility was very high. The market moved ~35.37%, between $3.322 and $2.454 Today’s Trend analysis EOSUSD expected to see an uptrend as higher lows were observed with Bollinger band expansion and midline acting as support Price at time of publishing: $3.308 EOS’s...
Previous EOS idea posted 2 months ago. And although it was less popular than our other ideas, it worked out well. First, the price went down to the accumulation zone, where a strong buyer was sitting. Then a sharp bounce to the upper level $3. The price approached the accumulation zone with a strong buyer for the fifth time . But this time, it fell a little...
Market in last 1 week EOSUSD saw a slight downtrend with price getting lower band support to consolidate Price volatility was very high. The market moved ~12.41%, between $2.68 and $2.39 Today’s Trend analysis EOSUSD expected to see a slight uptrend as the price got support from lower band with higher lows being observed Price at time of publishing:...
Market in last 1 week EOSUSD saw a slight downtrend with the price being below the midline Price volatility was high. The market moved ~7.75%, between $2.78 and $2.58 Today’s Trend analysis EOSUSD expected to see a slight uptrend as the price observed a series of lower highs and higher lows, expecting to continue with Bollinger band squeeze taking...