Like the majority of cryptos EOS is another one entering a uptrend.
Looking at it from a High Time Frame perspective shows an opportunity for high targets.
While there could be an explosion of price like we saw on DOGE, one should be prepared for a slow grind in the uptrend which might take a much longer time then most anticipate (1+ years).
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
Not trading advice:
If you're seeing this soon, you're catching EOS back on the bottom! Congrats. You have a ton of headroom to play with! Just zoom out.... wayyyyy out.... take a look. 654 sats is a historical low SL for this coin. Previously it was 800 Sats. So now, we're waiting for confirmation it's safe to go forward. See my targets is green (S\R bands)....
Right now I'm looking at all these Alts and wondering if the bubble has popped. I was looking back on EOS and while studying its chart vs BTC not dollars was struck by how much it looks like it's in a long term bottom in terms of satoshis.
It seems for this cycle most followed these generalisations:
- bottom for BTC, alts and stock crash in March 2020
- a...
EOS after being rejected by the resistance of area 8,6 returns towards the level in area 5 usdt for EOS which will be decisive for the direction of the next few days while EOS towards BTC has always been repelled by the descending TL
EOS has been trading inside a well respected channel
and has respected the top bottom and the mid line very well.
I anticipate that we will be moving down into the zone marked on the
chart where I would expect support to hold .
30EMA and 50EMA sit inside the box along with the point of control at the bottom of the channel .
A great opportunity to Buy EOS...
EOS is going up and strong, the potential of this coin is huge and Moon is the way! Buy and HOLD!
After this target i will update to the second target.
THIS IS NOT A FINANCIAL ADVICE, PLEASE INVEST AT YOUR OWN RISK
On higher timeframe, EOS:BTC has formed two bottom pattern and retest the neckline sucessful. The only way for it now is to move upside. Huge room to growth. Load your bags and hold for few weeks. Goodluck!
-2x Head & Shoulders for Failure of Pattern
-3x Massive Bump & Run Bottom Pattern
-Monthly Demand & Supply Areas Mapped + ATH - ATL Fibonacci.
Copy idea, go to the layers, and add the levels to your chart to set alerts. Entry points are in the folder.
LOG SCALE IS ONLY ON SO THE CHART IS COMPACTED AND EASILY VIEWABLE, Turn it off when measuring patterns or...
![EOSBTC: EOSBTC Cup and Handle [Daily]](https://s3.tradingview.com/c/coUGDqw5_mid.png "EOSBTC Cup and Handle [Daily]")
