EOS price surged 20+% and broke significant resistance area against the US Dollar. It seems that buyers/bulls are in control, suggesting more upsides potential.
EOS price gained significant buying interest, resulting in upsides of more than 50% from $2.2 price level.It will now act as potental support price level in the coming days/weeks.
EOS is trying break above 100 Day MA & Horizontal Resistance around 3.02
A cleat break will take us to 200 Day MA which translates into 45% Gains from current level. Getting on board this one very soon after confirmation of the break
The downtrend line starting from April '18 has just been penetrated, after having surpassed EMA 50 which has proven itself a strong resistance over and over again. Volume is good, Bitcoin is also aiming higher. Mid term target is at $3.80, where previous support and EMA 200 wlll probably meet.
It seems like a fairly easy trade. If Bitcoin changes his mind and...
I observed interesting pattern similarities, and a possible fractal, when comparing EOS price action from June-Dec 2017 to to price action from April 2018 until present. EOS recovering all time highs by the end of the year...what?? Sounds crazy, right? Well...
Nobody in crypto can seem to agree whether or not prices have bottomed. There are a lot of strongly...
. EOS/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
. There is a possibility of temporary retracement to suggested support zone (2.2000 to 1.5500). if so, traders can set orders based on Price Action and...
This chart is a build upon "GordonGekko33" ... looks like we have at least 1 good move down... we need to keep an eye on eos... personally im long but it looks like there is an opportunity to get some on the cheap :)
This is not financial advice and should not be taken as such, this chart is...
How to use :
- When we are in green, the average sentiment is still bullish .
- When we are in red, the average sentiment is still bearish .
- Use internal divergence to show where the trend will reverse. (cyan color line and yellow lines)
- ******** Use divergence between impulse to forecast the bigger move. (Blue line) ******** THIS IS THE KEY but no one...
added on the arrow small size so I could add if we get a shake out lowered then I will add on bullish continuation
had similar patters of other alts this week #ltc #ARK #EOS #HC #THETA
THIS IS A POSITION I WILL ADD ON A FALL.... BUT AM CLOSELY WATCHING CORRELATION ACROSSED MARKET.
Hello traders, today we take a look at EOS / BTC
We have been consolidating within a tight range for over over a week now. We can expect market to uptrend towards the Midpoint of our Weekly range
This in turn will wipe out short stops and lure buyers into short sellers orders.
The scenario predicted above is what we can expect for the short to mid term for...
Two scenarios, buy limit on resistance breakout (as it could be big) or wait for a touch on the trend line with a tight stop below the previous higher low.
Strong consolidation into a rising triangle.
Confirmed volume break off of support line.
Stop below bullish impulse candle and watch for targets at the 1.618 and the 2.618.
Let me know your thoughts and I...