The retest isn't clear enough yet. Double bottomed. R1 is also an important resistance, but rn more important is the retest of the trendline. Switch to lower TF for a better entry. TP1 short-term for a 100% run.
EOS/BTC chart has just produced two green dots at the bottom signaling strong upward momentum on a weekly timeframe. Every time these dots have appeared the price action has produced astounding results. Also, EOS/BTC just conquered the 21 week EMA. If we manage to close the week above 0.0001134 this will confirm our first signal. This coin shouldn't be slept...
There will be some retraction and can get some 5-10% cash in and out for short but surely we will see some bullish reaction overnight for some +30% gains in the morning. This is no financial advice, trade at your own risk Patience is the key AMTF
If its breaks the cup formation i think it can go up very fast around %80-90.
I tried to show the resistance with orange lines, the chart is drawn on a logarithmic scale. Suitable for the long term.
The price created a double bottom on the daily timeframe and now the price is testing the daily resistance. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure...
EOS/Bitcoin pair 1st target 83% profit, red lines shown are resictance and my targets
It's breaking out of this large double bottom with a small handle pattern
Hi, This could look like a cycle bottom. - Bouncing on previous cycle low after a fakeout down & reclaim. - Price making a W on the weekly timeframe. For the first time in 4 years, EOS could be primed to outperform BTC. This is a weekly setup. It could take months to develop. Lines marked "M" are monthly S/R and can be used as TP prices. This is a macro...
After the initial break of EMA50, EOSBTC remained strong always trading above EMA10. Now that EMA10 has been tested as support, EOSBTC can continue to grow. The next target is marked on the chart. Namaste.
Hello, here is the Weekly chart for EOS vs. BTC clearly showing good opportunities. May EOS follow big move in this altseason?
EOS is back into the falling wedge, Its a reversal confirmation.
We are getting ready for long green candles Set stop loss Be patiant great potential to grow hard Do your own research Short midterm chart