I'm pretty sure you've figured out this game by now! First is the pump, then comes the dump! This is going back to $1.70, and it'll probably get there in 10 days!
Long term, the picture is even worse! I think you know what to do!
In the previous idea, I wrote that the critical point for this coin is 3.2-3.5 $, and if buyers do not keep this price zone then you need to wait 1.5-1.7 $. However, there was no rebound from this price zone. There was no stop and no more. The price has fallen almost vertically. This coin simply stopped holding.
However, at an approach to the price range of ...
Despite criticism for being somewhat centralized, EOS is one of the best performing altcoins, surging around 40% over the weekend. Friday it was trading as low as 1.55 against the US Dollar and reached a high of 2.17 by Sunday afternoon, currently trading at 2.07 (Bitfinex).
The move seems spurred by technical factors rather than something major on the newswire, ...
I give all you the last bottom that calculated by data of history in last year.
This buy zone is good for long term investor that need earn stable profit in 1-2 years
The buy zone in 1.64$ - 2$ and keep in pocket with this guys
EOS has good technology
Good luck all you guys !
Pure geometrical analysis including Fibonacci levels based on distance and not on price levels..
After ATH (The only ATH arrived after beginning of the bearish market) EOS designed 2 bullish impulse separated by a 3 months flag movement.
Potential target of the second arm is the same percentual loss of the first arm (80% over 114 days). Target ca. 1.20 dollars ...
Included link to a CCI30 chart analysis. As you can see, we just a very nice ABC pattern and touching 2015 support trend line. Don;t be surprise we will have rallies up now. We might have some ABC patterns now, but overall the price will be less volatile and will eventually will get out of the channel, that is when everyone will pile in, and we will repeat the ...
Invest at your own risk ... this is NOT trading or financial advice.
If EOS can break away from market correlation, this is defiantly a possibility... I'm personally hedging my bets for both a scenarios of EOS going up or down.
I love EOS and if any coin can do it, its EOS.
Please share your thoughts.
Be careful about going long on EOS. It is starting to breach this support and while it may reestablish it I still would be very wary about going long.
Here it is on the 15 minute chart.
Market Cap is following the 2014/2015 pattern at double speed. We are at the bottom now, will it follow the 2016/2017 pattern too? We hope that.
This is my personal opinion and this is not a financial advice!
TP = 3.8925 hit after the aggressive sell off of the past two weeks broke the previous Triangle formation. The new pattern that has emerged is a Channel Down on 1D (MACD = -0.551, Highs/Lows = -0.5005, B/BP = -1.2452) which despite being oversold (RSI = 22.764) can make a Lower Low extension near 2.5000. We had our final long term sell target at 1.6920 but decided ...
Here we have EOSUSD 1D chart.
Gann's method is perfectly establishing here A-E Triangle is leading us to know the specific level to open an trade here, So 9$ will be a perfect entry.
Note: if we broke 9$ down we will cancel our intention to open a trade here.
Kindly check the idea of this pair but against the whale vol BTC to know exactly what we are ...