Bulls dominate at this stage and the bears weaken
We are likely to see a price rally
It is not necessarily that we can not go down more
The possibility of going down is existing but weak
Put Stop Loss
follow the analysis
Do not forget our support for more
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...
Our last EOS analysis was just a bit of playing around with Fib Times, and an update on EOS was requested so I figured I would sit down and do a real analysis on it.
As you can see, EOS is trying to establish itself with some ascending support, and a strong reaction from there in Nov/Dec 2018 resulted into an uptrend that carried us all the way to...
$EOS On a descending channel after losing support at ~85k sats...
UCTS Sell signal on the daily chart (10% down)
Volume is decreasing
Wait for a recover of previous support or a test of the 75k sats range as potential support..
Resistance ~ 10k - 11k
Support ~ 5.5k - 6k
Enter ~ support lvl
TP 1 ~ 10k
TP 2 ~ 18k
Well, I know that EOS is going to launch its own social network to be the competitor for Facebook and Twitter. I guess we just needs some time to see how the Voice will recruit the user base once the process of developing has been finalized to understand, has this social...
EOS had a nice climb then crashed like most Alts.
Now it seems to have found some support vs BTC.
If current support fails, there is another one below.
Whether you trade Alt/BTC or Alt/USD, it is worth watching both charts.
If an Alt/BTC is on the rise, then much better odds of Alt/USD also rising.
I prefer Alt/BTC to grow my bitcoin stack, but that is just my...
Quick TA on EOS, we see a breakout from its wedge,
Target to look out for at 0.00100000 based on Fibonacci levels.
But hold your horses, we may see a pullback back to approx 0.00083000 before continuation.
ADX level to look out for is at 20, signalling momentum coming in.
RSI grossly overbought right now, so i would be patient.
Looks like a nice rejection here on the 4hr, and with rejection comes testing local lows, which is where we are now. I expect it to hold this next move down to levels. But nothing is 100% so we wait for closes below or above the markers on the chart and get in on the pullback. My gut wants to go long but we are waiting for the setup. NOT FINANCIAL ADVICE. TRADE SAGE.
hey everyone, just thought I would post this... kinda too early to tell but its possible and I like it lol.
we have to touches so we MAY be able to get something going... of course theres no trade for a long rn but if this gets another 1-2 hits inside the triangle I will be very excited!
Thanks for joining us!
$EOS shows a strong support in the zone of 0.000620 BTC - 0.000665 BTC. Moreover, on the 2H time-frame we can see a local double bottom and in case the price dumps to 0.000620 BTC, we will even bigger double bottom pattern. If we take a look at indicators, we will see a convergence on RSI and oversold on Stoch. RSI. The "final" target of a ascending movement is...