The EOSUSD chart is ending a cup and handle, maybe there gonna one more dip. Next upward movement should lead us to 20$. BTFD and good luck!!
Everything mentioned in the chart Any break of the triangle downwards will cancel the setup Best of luck
EOS has started this year in a bullish mood. Currently, it's pulling back but there are many reasons to anticipate another move higher. Price has tested the 0.618 retracement relative to the most recent impulse leg and we can also see a bullish pennant pattern. What we are looking for is a break and close above the resistance line. The shorter-term uptrend line...
EOS just is currently forming an extremely bullish ascending triangle. If the pattern completes, EOS could reach prices of $12 or more! According to the Elliott Wave count, EOS just completed wave 4 and is about to start another impulse wave up. Wave 4 was a 3-3-5 running flat ABC correction, and wave 3 happened to form a downward parallel channel (a.k.a bull flag...
Market = Bitfinex Buy - $8.7550 Take Profit 1 - $18.00 = 105.60% Take Profit 2 - $28.00 = 219.82%
I'm bullish on EOSETH. This is based on the fundamentals. Price-wise, the arguments are the same for EOSUSD. Please check out my other post. Also see my website www.jlteng.com
BITFINEX:EOSUSD Following the Elliot Wave principle and the Psychology of a Market Cycle EOS is ready for a NEW wave with alot of potential for a nice move upwards. You will EOS moving towards its all time high price, from there we have two different scenarios. 1. It will hit the price area of the latest all time high and pullback, but dont be afraid....
Let's look for another impulse wave up, as we are still in a good uptrend according to the 200EMA on the 4HR. If we break the uptrend line, abandon this idea. Remember the 1-2-3 strategy we use, and keep your stops below the impulse waves on the 1HR or larger TFs. Cheers and GLWT! -Erik
Possible bullish movement for EOS. If the price breaks the resistance line it will go to the moon. I made a bold strategy with a 50% of profit as a target and 10% of exposure for the stop loss. On the other hand, if the price does not break resistence line it may go towards the support line and that is an possibility for operate on margin. If that occurs I...
Let's see keep an eye on the price action near the "e" wave and potential exit of the triangle.
EOS is backed by some good technology and thus has huge potential for the future. Today I'm looking at short and long term. What you can see, is that both short and long term are looking great. Nice triangle on short term, backed with a very strong parabolic support line on the long term. I will keep you up to date for price target.
Impulse Wave 1 took us from 50 cents to over 11 dollars. Looking for a deep ABC correction. I think we are beggining the C leg of the correction. Looking for 5 impulse waves down to confirm. Targeting .618 fib under 5 dollars
Growth rate on eos is very nice, mainnet to launch this year and now we see a new upward trend that we hope to see break ath this week.
BITFINEX:EOSUSD This is one of my favorite coins but I hate saying that is following BTC movement very much, not surprise I know but I wish it doesn't like for example NEO and Ripple. Anyway going back to the chart and what is telling us. For the moment the signings are still pretty bearish to me but there is hope of course if BTC goes up ;). The RSI, MACD and...