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EOSUSD

EOSUSD is on bearish momentum! | 2nd March 2022Prices are on bearish momentum and abiding by an descending trendline resistance. We see the potential for a short entry at 2.3 in line with 50% Fibonacci retracement towards our Take Profit at 2.02 in line with 61.8% Fibonacci retracement. Prices are trading below our Ichimoku cloud resistance, further supporting our bearish bias. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
FX:EOSUSDShort
by Rockqet
1
EOSUSD is on bearish momentum! | 10th Feb 2022Prices are on bearish momentum and abiding to our descending trendline support. We see the potential for a dip from our sell entry at 2.71 which is a graphical overlap and in line with 38.2% Fibonacci retracement towards our Take Profit at 2.42 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci retracement. RSI are close to levels where dips previously occurred, further supporting our bearish bias. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
FX:EOSUSDShort
by Rockqet
2
Simple but smartHi guys The resistor is broken and is pulverizing. A relatively precise triangle is also formed. Due to the bitcoin resistance, the profit margin will be analyzed in the update What do you think? If you have any questions, I will be happy to answer If you like this analysis, like and follow 🙏 Do not pay attention to shadows This analysis (to determine profit margins) is updated here 🔄 This analysis is a personal analysis and not a buy and sell signal, so it is the responsibility of the person to buy or sell Also, if you have a suggestion or criticism, we will be happy to hear it Look at our past analysis to trust us
ELong
by UnknownUnicorn33447709