Hello Dear Traders,
You find below my analysis for EOS/EUR, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EOS/EUR will fall to 2.78 as I am showing in my chart. Our Daily Goal is 2.7.
Currently, EOS/EUR is moving towards the resistance level of 3 ,where there is some liquidity from this value we...
this could be a nice swing on eos, as we know the majority of the crypto market trends to follow whatever btc is doing, thus as btc keeps dropping will probably hit eos to the ground at its lowest points at the support levels, while the price keeps inside the range up to 3eur, this could be a nice exit point reaching a little more then 100% profit. anyways, while...
Like other coins, EOS just broke its descending trendline. Successful retest could mean major price increase with a good RR ratio at the moment.
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This is my simple prediction for EOS in the next 23H from the moment of posting this post, 7:15 PM UTC +2, done on the basis of simple math/averages over the bottoms and the tops of the waves of EOS. Of course, Bitcoin still plays a major role here, but overall even in the past as you can see the major downs are caused when Bitcoin dumps and this also...
The weekly chart show strong bullish signal: Incoming breakthrough of downtrend line will give boost to this idea, indicators show the ongoing inversion. Target can be seen on Fibo levels. (I am not professional then take your own decision).
Bearish similarities between 05-23/10/2020 and now. Price is expected to go further down to 2.02-2.05 within the next few days before it starts rising with a few ups and downs all the way to 3 (but not above that) at the end of February.
EOS is facing a ton of resistance levels (7 to be precise) before even being able to reach 5€ which is only about quarter of it's all-time high.
Unless there would be a major catalyst for EOS it seems unlikely EOS will participate much in the next alt-coin cycle.
Taking a conservative approach to possible gains on EOS seems indicated.
1.5x seems feasible until mid...