EOSUSD (1H Timeframe)
Waiting for the downward break of 3.97 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 4.11 would cancel the bearish scenario.
Stop loss: 4.11
Take profit 1: 3.90
Take profit 2: 3.76
Strategy: Bearish reversal
EOS is a blockchain-based platform that enables the development of business applications, or DApps. EOS supports secure access and authentication, permissioning, data hosting, usage management, and communication between the DApps and the Internet.
- This is my analysis for EOS , a lot of poepole asking about why EOS is not pumping.
- So be careful and consider if the EOS is a good choice or not, maybe it is too risky.
- On the chart we can see a rounding bottom or cap and handle formation, which is bullish .
- After a rectangle consolidaton, the price started with an Impulse Elliott wave .
- First target...
Its taking longer than expected but my target for EOS remains the same. Time is a tough thing to predict in the markets. Its something that im working hard to perfect but for now we are at the mercy of the price analysis. my $85 target for eos is still in play for now
Title is self explanatory. This god tier coin has been in accumulation for 3 years now
It's just a matter of time until this breaks out violently like the others
This pump will be remembered for ages.
Poems and songs will be written about it
Dan the Pump PUMP man is here
Wealth and fortune to come for those who BullieVE
EOSUSD is set to play catchup with other cryptocurrency pairs such as Bitcoin, Ethereum and Litecoin as price action builds a nice base. I expect that buyers will get more active with a move up through the 5.050 zone so watching to see how sellers react up at the level. The stage is set...just watching for the action to kick off.