Conclusion for today’s EOS technical analysis: Price closing above ~9.38 implies more bullish upside in EOSIO.
The Daily timeframe candlestick chart of EOSIO is examined in today’s analysis on a logarithmic scale. The bullish price swing from December 08, 2018 till current date is the main focus of study using chart pattern(s) and moving averages.
EOS Bullish View, But don't chase high.
The recent rally may enocurage a lot of new investors to
"Choing" -- rush into this market.
However, 5.5-6.00 is strong supply zone and a lot of previous buyers were trapped there, a pull back may happen
Good Strategy is to buy the low,
4.5 is a good area to buy EOS.
I have mentioned earlier when BTC hit 3600, and...
BITFINEX:EOSUSD could very well correct a little deeper towards the $5 area, currently the .236 fib is support but any move in BTC could lead to a drop to the .382 fib level. We will add to our position on any deeper pullback as we have a $9 target in place. Volume is quite poor at the moment but upon the RSI hitting tren line support that should initiate a buy...
Starting of with the correction, from the top to the bottom.
Well expected- EOS compared to most of the coins in the top 10-15, during the last bull run, by far had the highest gains, from bottom 3.9$ to the top of 23$. Currently it can easily be said that an ABC correctional wave down to about 7-8$/0.786 ret line has been completed.
What can be said for the...
After a beautiful surge, we are not staring at at bullish flag, gathering strength into another breakout?
With more Traditional exchanges will allow trading in the crypto world will equal to more capital flowing into crypto thus pushing value higher. So unless, we are going to get some major bad news, it is unlikely that crypto will suffer a major bear...
Here we have EOSUSD 1D chart.
In this interesting idea we are watching a formation of a perfect bullish reversal pattern H&S which will lead the price directly to 9-10$ in the next few weeks.
It's sound not clear on the daily chart, but on the 1W we have a neat pattern and completed formation is coming
on 1W time frame:...
welcome to another free signal!
Important: Either wait for the retracement down to the support or BUY now! @ 6.2521!
Buy now @ 6.2531
Target 1: 7.50
Target 2: 8.0968
LEAVE A LIKE AND A COMMENT - I appreciate every...
After months of few clear signals, EOS has finally provided us with a beautiful Inverse Head and Shoulders set-up on EOSUSD which has taken near 6 months to complete!
EOSUSD just recently broke the neckline of this inverse head and shoulders, therefore I have gone ahead and entered a spot trade with the details below.
Target 1: 9.67
EOS has been lagging in the bull run of large cap coins.
But it has been following a clear rhythm since the bottom.
If bulls hold the 5.618 around $5, then the 9.618 is possible.
If the 5.618 breaks, then the 4.618 is absoulute last stand.
If the 4.618 breaks, then we may have a serious correction.
If the 4.618 hist and bounces, then the 8.236 is likely top.