Hi guys, with BTC all go down. If BTC holds hovering above 4100 USD this could be the very bottom according to price movement measured with a trading volume. There is only one volume indicator on my 3H chart due to restrictions of the platform but I used more and all give the same information - with every other fall in price the volume is falling down too. Also on...
We've finished 2nd wave correction, minimum target is 1st wave top. Long hard.
We can observe short-term trend reversal and start of a new bull market that might take us to 6USD.
EOS stopped bleeding and did an initial upward movement, retraced to the uptrend line and is building up momentum horizontally to leave the giant triangle it has created. Market still low momentum and very bearish. Entry points for long trades area between 1.34 and 1.36. Resistances at 1.4, 1.5 and target at 1.65 and 1.85. Long term targets are 2.18 and 2.51.
Just a consideration.. EOS is a token based on ethereum. ( EOSUSD ETHUSD ) It use and expand ethereum technology. Imagine that ETHUSD is an apple fruit. it cost 331 USD / kg Imagine that EOSUSD is a apple cake .. ( something build with an apple ) it cost 1.30 USD / kg Now the big question ... May an apple cake cost 1 / 300 of an apple fruit ?
the price is approacing the ascending trendline. I sugged a long position on this cross. Important movement may occurs The same will occurs for eosbtc and eosusd that have a similar situation
EOS is a millonaire project that is undervalued now. Good potential for short and long term
Technical indicators in both EOSETH and EOSBTC are turning from SELL to BUY condition. EOSUSD can't stay at this price if EOSETH and EOSBTC skyrocket.. it oversold. My analysis are for a LONG position on this cross
The price dropped to the support zone near the bottom border of the horizontal price channel. We have a bullish candle confirming that the market bounces from 1.60 level. RSI confirms price reversal. It's buy opportunity. We can place pending orders for buy at 1.71 level with stop orders below 1.47 level. Profit target is the top border of the price channel.
As you see in my old chart, we have reached the goal. The question is now: do we have more up to 3 USD or a further consolidation below 1 USD. In my opinion, both are possible. I will update the chart if the situation looks clearer to me. Let's see what happens. Happy trading.
EOS.USD Long Setup! Currency pair - EOS.USD Chart timeframe - 1hr Area of interest - 1.91 & 1.97 Chart pattern - Elliott Impulse Wave (12345) Potential target 1 - 1.91 Potential target 2 - 1.97 Potential extended target - 2.05 Please implement your own due diligence prior to entering the marke
Bearish Sell Off! Currency pair - EOS .USD Chart timeframe - 1hr Area of interest - 1.83 & 1.76 Chart pattern - Elliott Correction Wave (ABC) Potential target 1 - 1.83 Potential target 2 - 1.76 Potential extended target - 1.72 Please implement your own due diligence prior to entering the market
Trend seems to be up - See the triangle. Major supply zone around 2.0 Possible bullish Cup and Handle formation . After breaking the zone we could see a major run up as EOS was pretty stable compare to many other cryptos. I add to my current position with very tight stop loss for possible gain multiplication in a short term. Good luck and peace!
We have range market conditions for EOS and our trading must be based on the rules for such markets. It means that we have to wait for trading opportunities when price reverses from the bottom level of the channel or breaks outside this channel. Based on reversal signals from the support level we'll have to buy with stop orders below this level and the local swing...
eosusd is very reange on 1.5 to 1.85 and ready for going to up frist target is 2 $ nest target is 3.4 ~ 3.5
I have no idea what I'm talking about, but this looks cool and if it happens I'm rich.