As you can see on the chart, the all time uptrend line in green and the bearish downtrend line since the the last al time high in black.
At this time EOS is testing the green uptrend line. Lets see if it bounces
EOS was the first Coin to make a new ATH (all time high) after the freezing winter lows.
If you take a look, day by day it is trading between a narrower and narrower price rage (under 1$ oscillation daily), for me this looks like accumulating strength.
Today we will have the Evolution Airdrop for all EOS holders, good trigger for the Moon or at least some decent...
EOS is being squeezed between the all time uptrend line (green) and the bearish downtrend line since the ATH (black).
Decision time is coming very soon.
Watch the price action closely when these lines are touched and be ready to act.
Buy or sell the breach for a more aggressive trade.
Buy or sell when the line is tested after breach for a more conservative trade.
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,...
This will be my last chart posted on tradingview.
I wanted to end it with the biggest trade anyone can take today.
Daniel Larimer is the next Bill Gates of blockchains. (Don't see EOS has money, see it as shares of dApp's 'internet - blockchains')
With what i posted, you'll be alright for years..
We are at the top of the stock market, gold/silver...
I've been waiting to release this idea for a while...
I think it will have a very bloody crash and will drag along all of the crypto market with it (since it's the 5:th biggest crypto currency).
I think it starts now, these next few hours, and continues almost a month ahead. If it doesn't start the next few hours as I say I'm probably wrong. But I doubt it.
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: $8.5000.
The main reason for this forecast is that we are reproducing in a subtle, but quite close manner, the beginning of the bull market in 2015-16.
Btc had a strong push in Oct-Nov 2016, and behaved in a similar fashion as now, where it is consolidating at a rather high level, like it did in Dec-Jan 2015-16.
What happened after that, 3 years ago, is that major alts,...
Hello traders investors and community. This is an update analysis on my past middle-term analysis of EOSUSD, i wanted to update with an long-term analysis,
now the day has come! We are looking on the daily timeframe and can see...
Reasons for open position:
- Price broke trendline ===> SELL
- 1st target 4.00$
- 2nd target 3.75$
Guys, if you like the idea please put like button and if you have your own ideas you can share it in comments, I would like to see it.
Also, you can ask me questions which you have in comments! Please no need to write them in PM, ask in...
Still looking to complete an edge to edge move within the kumo cloud on the 4D chart. Support currently holding at the bottom of the cloud as expected.
Once we are back above the Kijun-Sen (Purple Base Line) and the Point of Control (Red Line indicated by the VPVR/Volume Profile) at $5.29, the target is an easy $12 as the long flat top of the kumo cloud acts as...
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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.