Ascending Scallop formation, big buy signal if this continues and forms a handle, this is based off an expected rejection at EMA level. A golden cross on this daily chart can also be observed. Ascending scallops perform better in bear markets. Short term bullish continuation expected.
EOS also approaching first targets in the swing at $4.5 area as highlight previously. Some minor profit taking is expected on the cross but buying dips remains the preferred trade. That said, I don’t think there will be a prolonged, hard sell off. It’s not very inspiring but as long as EOS remains a funding currency patience and opportunism is the order of the...
Good afternoon, colleagues! A very beautiful picture is drawn on the EOSUSDT chart with the probability of working out a double bottom. I think many see him! Chic profit!🤑 However, we must not forget the alternative scenario, as well as the possibility of Bitcoin going to 5500. In this case, EOSUSDT will show us the third bottom as a present.😉 Also a good...
A funny weekend for Cryptos. Profit taking across most major coins which is only natural after such an impressive advance. BTCUSD spiked to above 9,000, just shy of the 9,200 pivot. EOS has been reacting to the increased purchases of LiquidX. Price settling back towards the highs here and a healthy target at $4.50 seems appropriate to me, especially given how we...
🧑🏻🚀Hello everybody! Thumb UP👍 if you like this idea! I present to your attention a simple EOS trading strategy based on the breaking of a downtrend line and clear goals that can bring good profits! TRADING PLAN: 1. Add the alert above $4.2 2. When the alerts trigger buy EOS and set limit sell orders at the level $4.6, $5.5 and $6.1. 3. Set a stop-loss near...
EOSUSDT Ready For New Bullish Cycle. We Need to wait for Until Market Hit Second Bottom Plus Also watch Any reversal Candle Confirmation.
Since Sep 16 2019 the world’s 7th ranked cryptocurrency EOS is moving within a falling wedge chart pattern and this time it is hitting the support of the wedge for 3rd time and now we have recent support at $2.3548. With hitting support of wedge the price action also went closer to lower bands of Bollinger bands and repelled from there. The Oscillators and...
Price action of EOS / US Dollar is forming bullish BAT pattern and soon it will be entered in potential reversal zone. This PRZ area can be used as stop loss point in case the complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 2.4649 to 2.4135 Sell between: 2.5877 to 2.7709 Enjoy your profits and...
EOSBTC Looking for further corrections if this current structure breaks down, which it looks like it most likely will. Only bullish signals are that it is printing higher lows, there is definitely room to move lower, even after a significant correction following the H&S pattern. Included a bearish pennant for anyone learning patterns.
The cryptocurrency market is flashing red again. Specially EOS lost over 3% in the last 24 hours. The digital coin now is fighting to come out of a sideways trading trend below $3.0. At the same time EOS is trading below the 100 SMA and the 50 SMA on the daily chart. The nearest resistance for EOS/USD is 2.70 area which is critical. This area includes 50, 100...
Nov 3 Priceline of EOS / US Dollar cryptocurrency has formed a bullish Shark 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. I have used Fibonacci sequence to set the targets: Buy between: 2.6516 to 2.3970 Sell between: 2.8909 to 3.4117 Regards, Atif Akbar (moon333)
The priceline of EOS/ US Dollar cryptocurrency is forming last leg of bullish Gartley pattern and soon it will be entered in potential reversal zone insha Allah. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 3.3866 to 3.3045 Sell between: 3.4511...
After adjustments to my previous wave count and assuming that the ABC correction is complete around the 0.5 fibonacci level, new expected targets are $4.09 on a new Wave 1 and expecting Wave 2 to retrace back to around $3.34 which is the new volume profile POC.
Looking for the 5th wave to complete around $4 and midline of pitchfork. Then expecting a retest of the volume profile POC of entire move resulting in a correction back down to the golden pocket zone at around $2.94. Good luck trading!
Priceline of EOS / US Dollar cryptocurrency has formed a bullish BAT 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. I have used Fibonacci sequence to set the targets: Buy between: 3.2609 to 3.2400 Sell between: 3.3106 to 3.3853 Regards, Atif Akbar (moon333)
Priceline of EOS / US Dollar cryptocurrency is forming a bullish BAT pattern and soon it will be entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 3.1190 to 3.0625 Sell between: 3.2539 to 3.4562 Regards, Atif Akbar...
EOSUSD is preparing for a bullish run soon... $3 price level is acting as strong support and the bulls managed to close the week above this level which is an early indication that the bulls will take full control soon. Watch the breakout of the yellow trendline for more confirmation. TP1 = $8 TP2 = $13 This is not trading advice, please do your analysis before...
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. I have used Fibonacci sequence to set the targets: Buy between: 2.7706 to 2.6080 Sell between: 2.8991 to 3.2069 Regards, Atif Akbar (moon333)