I believe eos will make the hardest turn of the major coins..
EOS Network CEO Yves plans to announce new tokenomics plans by the end of the month.
Let's follow EOS and ecosystem news
The time is approaching for eos..
First time in over 3 years, EOS has had a golden cross pattern form on the weekly timeframe with the “Orange Line” 🟠 that has crossed over the “Blue Line”🔵.
🟠=20day EMA
🔵=50day EMA
Support Zone= $0.91
Line of Resistance= $1.29
🌟Target= $1.95🎯
In my point of view EOS was playing a flat correction as 2nd wave and it is over. As the downtrend line broken it seems to 3rd wave has started. In that case EOS can reach even 25$-30$ in coming years.
DYOR
EOS was supposed to be the Ethereum killer, LOL.
However, if the Crypto Markets start booming then EOS ( EOSUSDT , EOSUSD ) would triple the ATH.
I've been holding and adding more on the next drop.
A good level IMO is: $0.50 .
My Technicals:
* Elliott Wave A-B-C Pattern
* Cycle Analysis (Early '23)
* Super-Cycle (b) (turquoise) Completion
* Demand Zone @ 0.50...
Hello hello.
If we clear the resistance area, it will work as a trigger for a colossal pump.
Keep an eye on this chart.
Stay around to get new updates.
They have moved in pretty much the same style although the ZEC's cycle took 3yrs since the top while EOS's top was in 2018
Will the pair divorce now?
Either way for both pairs the typical ending structure with a wedge is obvious and their bottoms should be close or be done already
But the danger of a new ATL is on ZEC's side for now
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Everything on the chart.
Two possible options on the chart, in any case in midterm waiting for upward movement.
Entry: Market and lower
Targets: 1.3 and 1.9
Stop: (depending of ur risk).
ALWAYS follow ur RM.
risk is justified
Good...
Will it do another low? Will it sweep the ATL? Would make sense. On the other hand, its already down 98% from ATH.
Holding the 2018 would confirm the next leg up to be of a higher degree aka be a moon shot vs a new low might just indicate the next leg up to be a normal retracement ending somewhere 0.618/0.886
Either way, R:R seems ok
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EOS needs no introduction, it is one of the oldest and pioneer in crypto market. The EOS Network is an open-source blockchain platform that prioritizes high performance, flexibility, security, and developer experience. Also, EOS is most famous for near fee-less transactions.
Anyway, as can be seen from the chart, EOS's correction brought down the price to the...
We can see the speculation pump phase conclude Primary (I)
Eos has since corrected into an ABC Expanded flat for 9 months. Once we meet the extension 123%-161% we can begin Primary ( III ) and see EOS ecosystem start to thrive.
Expecting this cycle to run to 2022
Accumulate!
(This is not a trade recommendation)
After the recent drop, EOS is making another triangle like before which pumped EOS to 14. Following the same pattern, we should expect another test of 14.90. RSI is at its bottom as well giving us another Bullish signal.
Nowadays this dinosaur has zero interest from anyone.
But, I've noticed how the past 2-3 months, someone increased the volume and accumulated between 0.50 and 1$, silently so nobody notices.
I entered the trade at 0.89$ with targets specified by the red lines.
If, btc makes a sudden dump, I'll buy more.
EOS can easily make 100-300% from here if the market...
Logarithm. Time frame is 3 days. Near the zone of historical lows. Asset accumulation zone.
This idea, is an update of a previous local work idea (11 local work updates (the entire zone of this accumulation.)
EOS/USD Local work. Reversal zone. % Published one year ago on 29 07 2022
Local reversal zone .
Important mirror resistance level (former...
EOS Tested final yearly support before Takeoff then did breakout and retested that breakout in a clear textbook way.
Targets: Next is $1.6 zone then correction back to $0.9 then to a higher zone of $5
I don't think this project is dead, it is just people's emotions lost hope in it due to price movement and that is why I think it is a highly undervalued Layer 1 coin.
