EOS / USD On a global scale, formed a downward channel with a step of external 700%, internal 190%. Trading inside the channel.
Now the price is moving in the local downward channel in increments of 50%. The price is now near support, potentially, if support is confirmed in this formation, you can take a local movement + 50%
EOS local downlink. Potential +...
Now the price is moving in the local downward channel in increments of 50%. The price is now near support, potentially, if support is confirmed in this formation, you can take a local movement + 50%
Points (zones) of a pivot and potential targets, depending on the reaction of the support / resistance level, I showed on the graph.
Stop Loss below the downtrend...
With EOS dropping 40% in the past few days, it became the most volatile large-cap alt coin. Thus, an ideal candidate for playing the retracement.
On the daily chart, the price is close to long term support with RSI bullish divergence forming. For shorter term plays, we are waiting for the 1HR RSI bullish divergence to finish forming, which should happen if price...
First, sorry for a delayed TA, I needed to gather some thoughts, find time, and energy to put the gravity of Crypto for the last year of 2019.
So far this year have been one hell of a roll coaster. I have feeling that December, is just going to get just as wild.
First, we have a fractal on Dec 7th, so this Weekend, we can expect fireworks. I trully, hope this is...
October surely was a fate defining moment for - CHINA.
China finally realized that the way to truly win the global war against the USA, if it comes to it, is to dethrone Dollar. Something Russia has been actively doing since the sanctions have been placed on it, after the Ukraine debacle.
Nothing threatens the dollar more than creation and affirmation of a...
The price bounced from the strong uptrend line. It gives us a buy signal. If Bitcoin does not move downward, this market will be able to provide a good trade.
Entry Price: 2.730
Stop Level: 2.320
Profit Level: 3.550
If you trade without leverage, don't risk more than 10-15%. In another way, the max risk must be no more than 2-3% of your capital. If the price...
EOSUSD DAILY CHART UPDATE
AND TARGET PRICE
40% DOWNSIDE FROM CURRENT
- NO NONSENSE UPDATE
- KEEP IT SHORT AND SIMPLE
- BEAR CHANNEL ON DAILY
- SEQUENCE OF LOWER HIGHS
- SEQUENCE OF LOWER LOWS
- VALID TARGET FOR BEARS 2.10
- BY DEC/JAN2020
INVALIDATED ONLY IF PRICE
TAKES OUT RECENT HIGH
MORE UPDATES?
SUB AND ADD AN UPVOTE
WHAT YOU GET
-DAILY UPDATES
-CLEAN...
Nov 3
Priceline of EOS / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 2.6516 to 2.3970
Sell between: 2.8909 to 3.4117
Regards,
Atif Akbar (moon333)
The counting since the time of longread (look big crypto market review in my telegram channel) has not changed. Now there are two possible scenarios and both of them are shown on the graph.
Please pay attention to the green channel. As soon as the price breaks it up, the uptrend will be considered confirmed, there you can enter the long with a stop at a local...
Fib map of nearby Support and Resistance zones.
Blue arrow is the "most optimistic" outlook for now.
I still think EOS is in serious trouble, see link below.
"Ideal Bounce" zone would be a Very Bullish retrace.
"Clusters of Fibs" area could Consolidate for few days.
"Bulls Last Stand" is likely last stop before new lows.
"Gamble Buy" is in anticipation of a fast...
I will see it in the short term.
- EOSBTC -
You should check if you can support 20MA.
It's rising very little.
The flow of secondary indicators seems fine.
- EOSUSD -
It is falling at 2.6883.
You should check if you can ascend above 2.6883 as soon as possible.
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