Hi guys, Today I have brought you EOSUSD in the 4-hour chart. Since the last move higher EOS is still in a sideways structure. The crypto is nearing to break out to the upside. However, a breakout higher still needs to be seen. Ideally, it should now pullback to the 23.6-38.2 retracement area before the last move higher can be seen. I have drawn you 2 possible...
Bullish flag/pennant on the one hourly, resistance near $9.50, will aim to take profit there
Dear all, EOS is an interesting buy on breakout if it manages to break upwards from the falling wedge it's in. All the Best from the Crypto Space Alteroc Not a Financial advise, be a better trader tomorrow than you are today by DYOR.
Hello guys, I think it could be very interesting buying EOSUSD because it's breaking a descendent trend line, starting from hystorical highs, and the 200 2h MA. Volume is rising. If EOS is able to remain around 8 USD (R1), better above, at the end of this 2h candle we can buy it putting the first target to 8.30 USD (where we find a first weak resistance), even if...
This is a possible path but before going to the moon we might have to correct a bit more.
The idea is as obvious as the chart is. This is really a critical moment for EOS that will show whether all this hype was justified. The fisrt short-term goal is $8 which is 20% gain from current safe level. It lays on intersection of the parallel ascending channel, support-resistance line and 0.786 fibo retracement - pretty solid. The next target rests in the...
Hello traders & friends, I posted on Friday: EOS breaking 7.2 & 7.29 conservatively will be the GO signal for this inverse Head & Shoulders. => Since then we have made 10% gains -Congratulations to all the bulls playing this break! I have personally played the break from 7,25 to 7,51 yesterday (not actively, orders automatically triggering), and then...
Downtrend will continue. I am seeking buing opportunity at the price around 0.00110 - 0.00100.
Hey guys, EOS is right now trying for an inverted Head & Shoulders on the 4H. The neckline is at 7.2 (7.2) convervatively), while grandpa Bitcoin is going for the bull flag with the top at 6.300. => Any break of that neckline has to see simultaneous break of grandpa Bitcoin, otherwise it'll be a fake out! We're holding 12 EMA as support, while on the Hourly we...
Hey guys, the EOS bulls saw a huge capitulation during the consolidation of grandpa Bitcoin, as we couldn't uphold the 8.3 resistance zone, and saw a sell out, reaching the same previous lows at $7. => This is the last line of defense for bull continuation. If we cannot uphold this region, where we have been trying for quite a few days to form a bottom, then the...
Hello guys, EOSUSD is in a very precarious situation. If prices are not able to rebound from the actual level, the likelihood is very high it comes back to around 6 USD. At the moment price is near the trend line supporting the bull trend started during November, 2017. It's a critical point. If we analyze EOS against BTC on a daily chart, we see it's in touch with...
After consolidation between the price zones $ 7.05- $ 7.35 and $ 8-8.3 $ the price broke the upper zone. If buyers keep the zone 8-8.3 - long to 10.2-10.7. If we go below $ 8, we will return to the consolidation zone and a possible breakout scenario of 7.05 for the zone test 5.45-6.35. Also, see the more global idea of EOS , which will explain why I'm waiting for...
Hey guys, EOS is right now in a tight range, where we have 9,45 as double top, and 8.8 as Higher Low on the 4H. We're still clearly upholding 4H EMA 12 support, not even touching the 26. This range is going to break soon, grandpa Bitcoin will give the direction. => I will be talking about this in today's episode of the 'Crypto Chart Analysis', make sure to watch...
Keep in mind we should still be careful as btc movement is uncertain. But playing a bit long in this area for everpedia airdrop might be nice.
EOSBTC is sitting on a very interesting spot. Here is a coin that has been holding really strong, moving up and holding good while others were not. So what I am seeing here? Just as you can see from the chart above, we are facing strong resistance at the moment and some bearish signals are forming. We have a mix of bear and bull signals here but with good...
Hey guys, first of all to my American friends: Happy 4th of July! Freedom & Independence are very important. It was freedom from the government that has started the Bitcoin project. And many other peoples of the world still wish they had the independence that the Americans are celebrating today. EOS has now formed a double top at 9,44 (important previous support...
Welcome to EOS chat guided by fibonacci resistence levels drafted 4 months back tendencies. EOS has Broke the bearish tendency with an Beautiful Morubozu and now is under a pull back to 0.5% Fibonacci at 8.5 and failing on it can takes 0.68% of retraction at 8.2 due to a slight sell volume pressure after great buying volume . Let's check it out!
Hey guys, the consolidation on EOS, just like with grandpa BTC, is now ongoing after the huge bull breaks. Similar to BCH, EOS did actually break a 2nd time to the upside at 9,44, while grandpa was still consolidating. I will be talking about this in today's episode of the 'Crypto Chart Analysis', make sure to watch it! ;) Right now we're in between the EMAs...