EOS has been consolidating nicely in this zone for a few weeks now with plenty of orders taken as we tighten up with volatility.
i can feel an impulse coming very shortly maybe waiting for a catalyst like btc making a more or something.
Can see over all fib retracement levels playing effect on current movements and running trend based fibs to set targets on this...
This is the sum of some alcoins vs BTC paired.
On this chart I just noticed that we recently hit almost lowest levels for ETHBTC, XMRBTC,LTCBTC,NEOBTC,EOSBTC,IOTBTC,XRPBTC,ETCBTC
Also I can see Wyckoff Accumulation and if this is valid in crypto we are at the bottom of this painful correction, so we might see a bull run soon and if correction is...
Three reasons to believe that EOS might
lift its head to 0.0010500 sats
1. Hidden BULLISH divergence on RSI
2. Currently at the bottom of the upward channel
and to stay true to the channel the only way is UP
3. Falling wedge
No financial advise
Educational purposes only
Two scenarios, buy limit on resistance breakout (as it could be big) or wait for a touch on the trend line with a tight stop below the previous higher low.
Strong consolidation into a rising triangle.
Confirmed volume break off of support line.
Stop below bullish impulse candle and watch for targets at the 1.618 and the 2.618.
Let me know your thoughts and I...
#EOSBTC Corrective Waves ABC, iscompleted and this give room for fresh Buy opportunity to ride the coin more up.
Accumulate From 0.001024 - 0.0009935
Stop Loss: 0.0009295
Sell Targets: 0.001105 || 0.001215 || 0.001311
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
Here's a quick idea on EOS. There's a decent chance EOS isn't done retracing. I think if we pullback to the 61.8 retracement, we'll see a bigger move up. Here's a few key areas to watch for:
1. 61.8 retrace is about 7900. I'd be...
Ok, ok, this is my last chart update for the day. I just love this stuff too much. If you recall, I anticipated the major breakdown of EOS to the 5000 level after the long term linear uptrend was lost, even though I originally said it looked very bullish. I also suggested that 5000 good area to close a short position once we reached it and to look for a bounce. We...
This chart is a snapshot of market momentum. This is the first chart to move then ETHBTC then alts then majors. The best way to use this chart is to understand it simply as market-wide momentum for all coins/tokens.
Alt Index Paired with BTC
$EOS Potential bull flag in play After touching .5 Fib level as retracement from the first movement up.
Breaking it to the upside will lead us to retest ~10600sats and maybe higher locals. Stay alert for confirmation (Volume!). #EOS