Conclusion for today’s EOS technical analysis: Lack of a close below the 3.31 price level implies a weakening of bearish strength and therefore bullish upside potential in EOSIO (EOSUSD).
EOS price chart presented today is a 4 hour time frame with market action from June 1, 2019 till date. A dominant downtrend can be observed using the 200 Moving average, as well...
EOS is back under downside pressure on Thursday after the early week rally towards the $3.80 resistance level faded out, leaving the cryptocurrency on course for its fifth consecutive week of trading losses. At current levels, the EOS / USD pair has lost close to seventeen percent in value since the start of August.
Going forward, the technicals for EOS are...
Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
Break above consolidation zone.
Bearish market found its support and is turning bullish again.
Bearish market need a pullback now and we should see some price action.
EOSUSD has completed Adjustment, the Support works, Time to buy.
Signals by 9 Seasons Rainbow PRO
OverSold(Blue) in 15m, 21m, 30m, 1H
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make their own decisions, carefully assess risks and be responsible for your own investing and trading activities.
Things are turning interesting here.
Decreased volatility for the last few days is an indication of volatile price change is in the near future.
We are more likely to have a rally, than a decline, as we are finishing what appears to be a micro 1-5,abc pattern.
If the price continue to stabilize, this will lead for the price action for Alt coins accumulation,...
The main reason for this forecast is that we are reproducing in a subtle, but quite close manner, the beginning of the bull market in 2015-16.
Btc had a strong push in Oct-Nov 2016, and behaved in a similar fashion as now, where it is consolidating at a rather high level, like it did in Dec-Jan 2015-16.
What happened after that, 3 years ago, is that major alts,...
EOS found support just above a major 1D level (3.2000) posting the strongest rebound since the May peak. This is the first step towards resuming the long term bullish trend. The confirmation of the bullish break out (and strong buy signal) will come once the 1D MA50 is crossed on a repetition of the January fractal. Target: $8.5000.
Hello traders investors and community. This is an update analysis on my past middle-term analysis of EOSUSD, i wanted to update with an long-term analysis,
now the day has come! We are looking on the daily timeframe and can see...
EOS breaking out of the short term downtrend/pitchfork and beginning to make a new uptrend. RSI should begin to show new green candles soon as it has reset/bottomed across the 1-3d charts. The Commodity Channel Index should lead the way and show an earlier but more risky entry.
Use this as a guide to develop your own setup
Today we will focus on the Daily chart, Main Items we can see there:
a)Price is below the ascending trendline
b)A corrective structure was formed finding resistance on the broken ascending trendline
c)The fact that the price couldnt re enter to the ascending trendline zone, is a good signal for the Short...
Being a coin that has done rather well in quarter 1 + 2 rising up the market cap considerably is a move to put EOS in the spotlight of new retail investors looking for riches and retirement with the click of a button.
A move from $2 to $8 Wont scare these guys off, who cares if were are buying a big players 4X bag when the next trip is ATH? I hear them cry from...
FOMO'd this one a bit because alts were looking strong as BTC was looking weak, my R was less than ideal but this was meant to be a quick trade if it worked out, which it did. Set my stop under recent support, and set my sell order right below daily resistance and I'm out. Risk could've been managed much better but I didn't think we were going to pullback much....