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FOR FOREX AND CRYPTO-CURRENCY MARKETS EVERY DAY!
Very bullish market and price action, we need a pullback now.
Rising market found his top and resistance level.
Cryptomarket way too many emotions right now, people jumping...
In the previous idea, we denoted the output of the eosusd price from the graphic model "flag". The correction continued and it is possible to rebuild into a larger model. Like last time, we should expect a candle fixing beyond the borders and dial a short sale. Also, in a more risky version, it is worth selling from the upper border of the flag with a stop loss...
LAS TIME I WROTE ABOUT THIS I SAID ONCE IT BROKE
THE BLUE LINE IT WAS COMING TO THIS LEVEL AND THAT
HAS HAPPENED. LUCKY GUESS OR GREAT ANALYSIS? :) YOU DECIDE.
ANYWAYS - WILL THIS BREAK THE PREVIOUS LOW LIKE
ADAUSD AND DASHUSD? WELL TIME WILL TELL. MY
OPINION NOW IS THAT, THIS CURRENT PRICE IS QUITE
TEMPTING FOR A LOT OF INVESTORS AND I FILL THAT THE
Hi colleagues. After breaking the blue triangle up, I began to analyze the points of potential reversal of this coin. If you analyze the horizontal volumes, then the next liquid zone is located at a price of $ 1.7. At this point there is also a lower trend line. Also, if my wave analysis is correct, then at 1.7 wave c = 0.618 wave a (within the wave...
Price broke down Triangle, it's signal that down move will continue.
I think it will move down because all Major cryptocurrencies is moving down.
I will open a Short after a pullback to $5.62
The goal is $4,25
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I did some quick maths and found out that most people shorted EOS between $7.20 and $5.30. The number of shorts in that period increased by 446%. Those shorts have currently decreased by 36%. There is still 44% to go (if shorts drop 80%, we would be at the same level as before they increased with 446%). That’s 4.1 million EOS worth of shorts that are still open...
Hey Guys, Hope you are all doing fine this is just for educational purposes and take it with the grain of salt.
If we break the neck line we will head to our target of $5.05. Also we have a support at target price as well.
it all depends on BTC the daddy if Btc drops then we will head to lower levels around $3.50-$4.00.
lets not go there for now and monitor...