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...
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...
MMHVW - 5.8 was a strong resistance level so no reason to doubt that this is just test of that level before move higher. I may be wrong but what the heck, I’ve seen worst days.
Hey tradomaniacs,
welcome to another free signal!
Important: Either wait for the retracement down to the support or BUY now! @ 6.2521!
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Type: Swingtrade
Buy-Limit: 6.0138
Buy now @ 6.2531
Stop-Loss: 5.1238
Target 1: 7.50
Target 2: 8.0968
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LEAVE A LIKE AND A COMMENT - I appreciate every...
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 $5, then the 9.618 is possible.
If the 5.618 breaks, then the 4.618 is absoulute last stand.
If the 4.618 breaks, then we may have a serious correction.
If the 4.618 hist and bounces, then the 8.236 is likely top.
After months of few clear signals, EOS has finally provided us with a beautiful Inverse Head and Shoulders set-up on EOSUSD which has taken near 6 months to complete!
EOSUSD just recently broke the neckline of this inverse head and shoulders, therefore I have gone ahead and entered a spot trade with the details below.
My Trade
Entry: 6.06
Target 1: 9.67
Target...
Traders,
Here we have EOSUSD 1D chart.
In this interesting idea we are watching a formation of a perfect bullish reversal pattern H&S which will lead the price directly to 9-10$ 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:...
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...
EOSUSD (Binance) Bull Run is started.
- Looks like this summer will be very hot!
- Trend lines from past interact well with current local Trend bottom.
- Next challenge to maximum price.
- EOS is not my favorite currency.
- A large audience supports and uses this currency.
- I believe that the price for this currency will be shown high, but again it will be...
Identify horizontal support and resistance lines using your choice of 6 methods.
Available options
Lookback window: Number of bars back to consider in calculations
Lookback window right (only applicable for methods 3 and 4): Number of bars to the right to consider in calculations
Number of S/R lines to plot: S/R lines to plot (currently the max setting is 4 so 8...
Still in a triangle, boring i know. However, we do observing massive spikes and rallies in the ALT coin community.
So it is obvious to a lot of traders that a bottom is forming and accumulation by smart investors have occurred.
However, the big question is, Can this ascending triangle is just 1-2 wave into 3-4 bear wave?
Stay strong, HOLD the line. Patience...
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