Based on the chart, the price is close to the support (bottom) or better to say the lowest price this token has ever experienced ✔️
suppose this area as the last chance and the bottom for the end of the correction to the downside, and we expect to see more gain beside the range market is an acceptable scenario too 📖💡🚀
if the price break the range...
In our last analysis. we were expecting EOS to drop for the final time. Price dropped perfectly and now we have almost completed the bearish wave.
The current C wave is broken down into 5 waves, with the 5th wave also having 5 subwaves. We are now in subwave 4 and expecting one final drop for subwave 5. It's unclear where subwave 5 will end but once we see the...
Over the last few months, members of the $EOS community formed the EOS Network Foundation. The community voted to effectively fire B1 and to instead take power into its own hands. This made EOS the world's largest DAO, other than Bitcoin.
One reason $EOS received so much early hype is that the technology is superior to every other chain. This allows...
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EOS has long shown unpredictable movements. There were no sections that were supported and resisted a...
◻️EOS updated the 2020 low.
◻️If you take it apart from the technical side: We have a level, 1.05...when fixing it, it is better to exit the position and consider another entry point.
◻️You can set a limit order at 1.07.
💡 Take a 5% deposit into the deal.
◻️Stop loss? when closing the daily candle below the level of 1.05, you can exit the position.
EOS had a massive blow off top and has shown nothing but weakness since then. It has also falling out of its multi year uptrend. Currently sitting on support at $1.36. Slightly outside of the bollanger bands, and oversold, which could mean a dead cat bounce to the top of the long term trend line at around $2.00, if it holds.
If not, next level to look out for is...
On the right side you can seen how EOS looks great to BUY. Wedge with small target on the auto-levels, middle target on the $10 (red zone) and my personal global target $33.
Locally I trade it only if I have information from my private indicator. EOS have strong on-chain data which gives me understanding about local moves.
Globally I see that Marketmaker tries...
Confluence : Higher timeframe bearish.Expecting an retracement before touching last weekly resistence. If we met an resistence in 1.859 before an retrace setup will be High risk. Still now price can possibly to retrace 50-61.8 fib extention levels on 2.110,,Then look of an sell opertunity. thanks..
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EOS is one of the most potential crypto project. I'm waiting for $33. CEO of Whitebit waiting for $25.
Locally we have to trade Wedge. EOS doesn't want to breakout from it. But I'm waiting!
Globally we have Main zone, this is first global aim, before lead aim $33.
I'm trader and coder. So I have my own algorithm with Win Rate 91% on EOS 4h. Try it!
EOS is in a Descending Channel. This means the Price is gonna Be bearish (For Now!). So The Price has Recently Touched The Bottom of the channel and It is Expected For The Price to move Upward From Here.There is also a Regular Bullish Divergence On MACD as well (+RD) Which means the Price Can Easily Reach the Top of the channel! There is a Slight chance for Break...