EOSUSD (Daily Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 0.8170 support level. Only the upward break of 1.0390 would cancel the bearish scenario.
Stop loss: 1.0390
Take profit 1: 0.6850
Take profit 2: 0.5430
Strategy: Bearish breakout
Ha, you thought, i was gone and forgotten. Hell no. We just getting started :)
So here we go, another report since JULY lol, damn guys, i have enter the blackhole of blockchain game development and metaverses.
You can learn more on twitter at: twitter.com
So yeah, if anyone still even remember me, i am one man army lol having fun and getting by with the code...
💬 Plan for BTC and EOS
EOS - unclosed buy zone around $0.6, then sell zone around $5, global target $35
BTC is an open buy zone around $18,000-19,000, then a sell zone around $65,000. The global target is $230,000.
🤠 My thoughts about the spot
I will not buy spot until the close of the monthly candle. Some people think it's stupid, but I don't care. Think with...
Hello fellow Cryptopunks,
It is REPORT TIME :) AND FRACTAL MAGIC !
Technically, we are in a triangle right now, and anything macro can push us in either direction.
And it looks like early April is going to be key play here, we may breakout or dip, but i am going with a dip, but wish for a breakout.
Mid April looks interesting, and seems like May is going to...
This looks like a larger ABC and the 2021 bull run was actually a corrective structure leading to a C wave. This is because the B wave was a lower high than in 2018, this is not unlike a lot of 2018 coins that have not set a new ATH. It retraced to the .618 and assuming a and C are of similar lengths we get a C-wave target at around $0.88. The 5-wave corrective...
When measured from its 2018 low, EOS has completed a 0.702 retracement of its All Time Low (similar to the 0.618 when measured from its 2020 low). Taken together, this could signal that the bottom is in for EOS.
I challenge you to do a youtube search for 100 dollar EOS and see what you come up with. Do this for any coin/token of your choosing. Take note of the people making these preposterous claims and never forget how dangerous the internet is if you allow yourself to walk into traps.
EOS is less than 1 USD. Hopefully you didn't ride this all thee way down.
EOS had a massive blow off top and has shown nothing but weakness since then. It has also falling out of its multi year uptrend. Currently sitting on support at $1.36. Slightly outside of the bollanger bands, and oversold, which could mean a dead cat bounce to the top of the long term trend line at around $2.00, if it holds.
If not, next level to look out for is...