As you can see in the chart, EOS is in a precarious spot. Right above the all time low. On the brightside, it has come down in a ABC formation. The B wave retraced to the .786 fib level and wave C wicked down into the 1.414 fib which is also very common. The EOSUSD/BLX chart also shows bullish divergence on the weekly. Everything is dependent on not breaking the...
EOS needs to break 2$ to get on a mini-bullrun to all-time highs and beyond, with main support at 4-5$. Otherwise - when rejected - this project will go down forever.
Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 3730 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
We haven't seen anything from EOS so far, I think it is due for a 280% bullish jump, this is either medium or short-term, that is within 1 or 3 months.
If you want me to read the signals, for your entertainment, let me tell you that there is a 5 years long bullish divergence with the MACD.
The RSI bottomed June 2022 and so another bullish divergence, this time...
Main trend. logarithmic graph. Time frame 1 month. Channel. Secondary trends in market cycles.
Mirror zone of resistance. Future fractal.
Coinmarketcap : EOS
This time frame is for understanding the direction of the trend and where the area for trading is now. Such a time frame gives an understanding of where the zones are expensive/cheap...
Secondary trend. Logarithmic graph. Time frame 3 days. Reversal zone.
Mirror resistance zone (former long-term support). There may be a significant rollback from it, or at least a stop and consolidation in this zone, provided that the secondary downtrend (price movement direction) is broken (purple line).
From the highs of this secondary trend, the price fell by...
Local trend. Logarithmic graph. Time frame 1 day. Reversal zone. Percentage of key zones.
Mirrored resistance zones are shown in grey. There may be a significant rollback from them, or at least a stop and consolidation in these zones. Trend lines (price movement directions) are shown on the chart, their importance and strength (long-term in time) are highlighted...
Although EOS completed 5 yr today, but its trending bearish.
let's profit it.
Series of LHs (Lower highs) and LLs (Lower lows) confirms its Bearish.
Following Sell Stop positions can be taken.
Entry ( Sell Stop) : 0.69513005
Stop Loss : 0.73864485
Take Profit 1 : 0.65161525
Take Profit 2 : 0.63161525
EOS Peaked April 2018, hitting an All-Time High of $28. Ever since this date this pair has been dropping and recently a new All-Time Low has been hit.
After EOS was mentioned in the SECs lawsuit, its price crashed hard to hits lowest price since October 2017. The lowest price ever to the downside.
While new lows are being hit, the RSI has been printing higher...
We are closing EOSUSD forever... Let me explain.
Here we can see that EOSUSD broke below its Jan. 2023 low, its Nov. 2022 low and even its June 2022 low.
This is all thanks to the SEC of course but this doesn't change the fact that support is weak on this Altcoin.
We use the bigger Altcoins to trade with leverage because they have less dramatic swings compared...
test'
EOS is a blockchain-based platform that enables the development of business applications, or DApps. EOS supports secure access and authentication, permissioning, data hosting, usage management, and communication between the DApps and the Internet.
EOS can be seen trading above its June 2022 low, which is a signal of strength. This level has been tested multiple times since May and continues to hold, this is the key.
As long as EOSUSD stays above this level, we are 300% bullish. We continue bullish even if a drop happens below this level since we have the Nov. 2022 low as support.
We should see a...
-Graphically speaking, crypto is making a nice reversal pattern.
-However, will it succeed, since BTC is the thermometer for other cryptos.
-According to the monthly chart, prices are in a trap region, so it can go either way, depending on the strength of Bears and Bulls (pessimists/optimists). We have an LT (dashed green line) which if respected (do not lose...
Either it goes from here or its gonna go down hard. Invalidation 1.0 fib
---
If you like my content, if it helps you gain profit, give it a like!
Thanks!
---
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
Here's the EOS/USD 1W Chart on Bitfinex(long history).
Right now we can see the horizontal channel forming. In this channel harmonic pattern on daily TF formed and worked out the first target, which is the middle of this local horizontal accumulation channel, in terms of 1w TF.
Now we're near the support of this channel 0.86$. Recently the big amount of EOS were...
![EOSUSD: ✴️ EOS [NYA]](https://s3.tradingview.com/y/yrdTopZC_mid.png "✴️ EOS [NYA]")
![EOSUSD: ✴️ EOS Update [CLOSE] + ADA, SOL, LINK, Cryptocurrency & The SEC](https://s3.tradingview.com/q/Q5egaipO_mid.png "✴️ EOS Update [CLOSE] + ADA, SOL, LINK, Cryptocurrency & The SEC")
