Considering that the previous global idea of EOSUSDT has worked out, it's time to update your thoughts.
If you compare EOS with other alts +/- with the same market cap, you might think that no one needs it.
Most of the alts, which carry something behind them,...
Following the previous analysis, which was presented on September 26, as you can see, we entered the EOS at the price of $ 3.6 signal.The price is expected to grow in the $ 5.5 range, given the return from $ 3.6.
It is worth mentioning that the important resistance is at the price of $ 4.5
as you can see EOS is at its finest place to buy ( if BTC doesn't shit the bed of course ) for multiple reasons :
1 . EOS just touched ascending trend line( shown with green line ) that acted as a support line for a good long time ( almost 2 years ) .
2 . EOS reached a static support area that used to be a resistance area ( shown by horizontal white area ) .
There was a falling wedge forming on the chart of EOS against USDT. It is now broken and it might be bought from here or a retest of the falling wedge could be expected. It is possible to open a long position if you are going to hold it for a moderate amount of time such as a week or two.
EOS Climbs 10% As Investors Gain Confidence
EOS was exchanging at $4.3188 by 17:10 (21:10 GMT) on the Investing.com Index on Wednesday, up 10.30% on the day. It was the biggest one-day rate acquire since September 22.
The move upwards pushed EOS's market cap up to $4.0947B, or 0.21% of the absolute cryptographic money market cap. At its most noteworthy, EOS's...
Currently, this currency is involved in a dynamic resistance range, which if it can cross its dynamic resistance red line of 6.25 and stabilize above it, in the next stage, the range of 7.73 to 8.18 is available, and if it stabilizes above it, the range of 10 The dollar is available for this currency.
But if they are not able to climb the important support areas,...
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EOS is in a strong uptrend at the moment because of that patterns as the W are higly probable to be profitable.
We found strong resistance at 0.236 fib in our first hit and now we are on the neckline (5.685$) of the W pattern waiting to see a break.
W patterns have a tendency to break, make a run and crash down to liquadate a lot...
EOS/USDT is building bullish symmetrical triangle pattern
buy or long if breakout triangle (61.80% fibonacci)
- 5.938 USD
- 6.269 USD
- 6.474 USD
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EOS In the daily version, it reacted well after hitting the uptrend line I think the crab pattern is forming now For $ 8 and $ 10.5 purposes The best purchase price is $ 4.2 in the first stage and $ 3,780 in the second stage.
EOS Did a typical falling wedge with a retest at the moment of the descending support.
in my opinion, it should bounce off from here, however, i would be cautious and watch price action.
I would wait for a confirmation of more bullish hourly candle close before entry.
For the risk takers!
Mi term and long term trade set ups for EOS.
Buying now would not be a bad idea, the price action has already popped out of the falling wedge consolidation pattern which is a continuation pattern. If we are going up and we break out of a continuation pattern to the upside you should consider the most likely price targets will be in the same direction of the over...
Eos created a nice trendmark that may be now the new support.
The next push is going up to 6 Usd levels, maybe 8 Usd according to redistribution so that can be light to pump in the coming weeks.
Timeframe need more study but the idea is bullish.
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