EOS has broken from an ascending triangle formation with a classical target coinciding with the next likely level of resistance: $4.18.
The undefined levels of resistance in this channel may allow EOS to move more broadly than some of the other names that have already made it to the other side (BTC, ETH).
EOS has hit my targets already however I am super greedy. I did not play the trade because I still cannot control myself. I got liquidated 3 months ago due to not using any stop loss.
After that I never entered a trade without a stop loss. However that liquidation made me really upset so I am still really scared to enter trades (even though I use stop loss...
EOS price surged 20+% and broke significant resistance area against the US Dollar. It seems that buyers/bulls are in control, suggesting more upsides potential.
EOS price gained significant buying interest, resulting in upsides of more than 50% from $2.2 price level.It will now act as potental support price level in the coming days/weeks.
Overall the last 60 days (from the 15th of December to the 15th of February) were neutral to bullish and I am bullish for the next 7 days. It is worth noting, that the market sentiment has driven the bullish price action in the last 7 days, rather than specific price action worthy news from the security itself.
EOS is trying break above 100 Day MA & Horizontal Resistance around 3.02
A cleat break will take us to 200 Day MA which translates into 45% Gains from current level. Getting on board this one very soon after confirmation of the break
The downtrend line starting from April '18 has just been penetrated, after having surpassed EMA 50 which has proven itself a strong resistance over and over again. Volume is good, Bitcoin is also aiming higher. Mid term target is at $3.80, where previous support and EMA 200 wlll probably meet.
It seems like a fairly easy trade. If Bitcoin changes his mind and...
EOS chart is like ETH, it reach 94.2% and rebound ... So let's say this is a bottom for now.
If that so, this gonna be the big 1-2 wave and we'll shoot for biggg wave 3 as following target
161.8% : 37.8 ( 1200% )
261.8% : 60.2 ( 1970% )
423.6% : 96.44 ( 3193% )
Since Chinese people vote EOS for #1 crypto in China, we might able to get hope up and put some fate...
We can see the speculation pump phase conclude Primary (I)
Eos has since corrected into an ABC Expanded flat for 9 months. Once we meet the extension 123%-161% we can begin Primary ( III ) and see EOS ecosystem start to thrive.
Expecting this cycle to run to 2022
(This is not a trade recommendation)
Fractals where on point in January, which is nice, but February is fast approaching and looks like we got weekly events.
I know, that everyone is sad that BTC is below 3.5k - You can thank the Asians for that.
However, what most of you already realize - actually most of alts already have bottomed out and beginning to really spike the hell up.
COINS such as,...
I observed interesting pattern similarities, and a possible fractal, when comparing EOS price action from June-Dec 2017 to to price action from April 2018 until present. EOS recovering all time highs by the end of the year...what?? Sounds crazy, right? Well...
Nobody in crypto can seem to agree whether or not prices have bottomed. There are a lot of strongly...