Here we have EOSUSD 1D chart.
By looking at this chart you see healthy bullish trend with repeating triangles with equally ratios from the bottom to high taking from the point of breaking, So we are waiting something interesting here by looking to the positive or bounce side.
As analyst you must take all probabilities you have so what's the bad...
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Slowly bearish moving market.
Bearish waves starting to form after prices made new highs.
At strong resistance and psychological barrier right now, expecting some bearish pressure!
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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EOSUSD this Crypto instrument has broke major support, making new lows
Bearish Alert Enabled Up Over +100 Pts
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