EOS is in danger of eventually breaking the channel, which would give solid potential. Grandpa Bitcoin is gonna make the decision.
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Monfex is at your service and today we overview EOS/USD.
The blockchain company Block.One, which developed the EOS protocol, agreed to pay a $ 24 million fine imposed by the court on charges of SEC of unregistered securities trading during the ICO organized by Block.One in 2017-2018.
Against this background, the price of EOS rose by...
Systematic growth for about a month.
Move up the stairs.
I think now the climax of purchases will take place, with a coup for sale.
This is not a postulate, the possible will change, but so far I do not see growth.
And if I don’t see growth, then it will be)
Get ready to fly up.
most important stop loss
No video on EOS (because no one cares frankly), but personally EOS is my choice of trade for the current Bear Flag that we have going on with all the Major names.
Clear resistance zone above, 2.93 and 3 Dollar psychological, clear higher Lows at 2.81 to the downside.
Downside potential is huge still: We could go to the previous Daily lows (with the wicks) or...
In Weekly chart we formed falling wedge and we still inside this pattern, so first we need reach resistance line at price around 0.0004800
In daily chart we can see down trend channel. We touched support line of channel and moving to midle line at 0.0004500 area also at this price we can see MA100...
Priceline of EOS / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we...
This is an EOS Short Trade Signal. Price has formed a buyer exhausting candle stick pattern topping out at 4 hour 200 EMA resistance. Price formed a bearishly divergent higher high on the hourly at $3.27. I am scaling into a 7X short on the bearishly divergent bounce into the 3 hour 200 EMA with a tight 3% stop seeking a target near the 4 hour pivot candle close...
Lets see how confluence works:
EOSUSDT trend is bearish on D and 12H. On 4H we are having some kind of bounce or consolidation bear flag. We know this channel is going to broke downwards, at least the market in general push bulls and invalidate TA. If nothing extraordinary happens, this is going to be a continuation pattern.
I see two possibilities:
High Risk Long can be considered around 4.07-4.33 if this area holds
61.8% Fib Area
200 Day Ma
As long as Bitcoin holds 9700, this is a high probability trade
Targets 5.12 & 5.97
Stop Loss: No Hard Stop, Manually close it if we break below 4 with heavy volume. Close at small loss or...
EOS is very potential coin for long term.
I can expect 1000% from this coin in Long term.
My Buy zone Given in chart and also bought some EOSUSD at $2.
EOS is 100$ Potential coin in Long Term.
Not financial advice.
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eos looks interesting to bitcoin
stands under the level of 3460 satoshi.
Indicators are configured for growth.
stop is logical.
To put under the level.
And if you want to get the exact entry and exit points.
Write in a telegram
Hello dear crypto friends, hope you're enjoying your weekend! ;)
EOS is clearly the strongest major Alt right now, and therefore we're gonna look both at the Dollar & BTC pairs. Have fun watching! ;)
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