this is my new Idea about eos and now after a sharp move I think we are officially start wave 4 of C
EOS-BTC Strong Resistance Area : above 8000 satoshi area (specifically 8300~8800 area) EOS-BTC Strong Support Area : 2550~2950 satoshi area ( Below that area I cannot find any reason to buy EOS for long-term holding ) EOS-BTC is now showing some reversal, but IMO it is not yet to buy for long-term holding. I am going to accumulate some EOS about 2550~2950 area.
we definately need some momentum. need more buyers. volumes are low. before we pick up some volumes it could just fall lower. we need strong movement to break down trend and ema lines. keep watching for volumes. JOIN leverage trading site to maximize your profit. 70$ free giveaway after first deposit. 3times withdrawal a day available. BTCUSD,ETHUSD,EOSUSD,XRPUSD...
EOSBTC is breaking out the trend line, it's good timing to long once confirm the break.
First we need to identify possibilities of candle pattern 1-2-3 bottom formation. As we can see in history, this pattern failed many times, so be careful. Right now 1-2-3 bottom formation was created but not confirmed. Main resistance is on lvl 38500 sth, which is 38,2% Fib retracement of last main downtrend line and this value was respected on last local maximum...
Chart today for EOS, tested a daily downtrend from early July yesterday and trying to break trend here. Tested the 3621 valley and has retraced to 3570 area. This is a key resistance to determine if we can keep moving up. Looking for entry on a successful bounce off previous 4 HR resistance turned support @ 3527, or a successful close over 3621. Entry:...
There's some good support here. If she breaks I don't really see it going lower but who knows. My bet is the upside on this crossing the 250 and gaining momentum.
I think eos in long term can see 15000sat tried to size the waves with fibo tools
waiting price action there
Waiting what EOS will do on the bottom of the support if successful bounce I could expect to see 3% gain for short term and around 4-5 days reaching 10-13 %. - Indicators show potential bottom (Williams vix fix) in this pull back with possible bounce from uptrend line! - If not that we will see either retest of support and if it does not hold than downtrend...
It seems that a Cypher Pattern is forming on EOSBTC. If price gets to around .3413 then I would expect a move UP towards the T1 and T2 zones