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 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 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...
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.
The EOS cost has flooded from $2.71 to $3.06 by in excess of 10 percent against the U.S. dollar, recovering its situation as the fourth biggest crypto behind Bitcoin, Ethereum, and Ripple. On Fundamental part, the EOS blockchain convention has exhibited fair development as far as dynamic clients of decentralized applications Prior this month. Bullish remain.
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...
Buy in based on bounce of recent support shown by the green line. Long position at 2.3 and exit points at shown by circled areas with red being major resistance.
I am a novice trader for all those reading this but though I would share my approach.
Longer term I expect a fall back of the resistance line in red down to either the support line (green) or beyond...
This chart is a build upon "GordonGekko33" ... looks like we have at least 1 good move down... we need to keep an eye on eos... personally im long but it looks like there is an opportunity to get some on the cheap :)
This is not financial advice and should not be taken as such, this chart is...