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...
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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...
EOS has been forming bullish flag within 5 years with two possible targets on chart.
It is also completing falling wedge with nearest target 3.
When it breaks 1.23, the move will be epic.
-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...
chart-art shows POSSIBLE uptrend , green trend-line means bullish;. Over the ma line can_be 🐂, & under will be bearish! Short to midterm .
~~N0 arrows. ~~& N0 trading Advise either
Either it goes from here or its gonna go down hard. Invalidation 1.0 fib
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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...
Was looking at this chart and it occurred to me it's potentially completed a huge ABC as there are no sellers left - If this can get some momentum behind it and turn things around it could surprise a lot of people - price should get above B in less time than B-C took if Bullish.
Above is the EOS pattern, the price and the wave have entered a nice buy point for the strong bull wave to the $1.77 mark. The market waves are beautiful, follow us for other tickers
EOS will create the right shoulder of a bigger inverse head & shoulder formation on higher timeframes and will reach 220-450$ before a prolonged correction will happen.
Hi dear traders, I want to introduce a brilliant token, as we see it has broken daily resistant trendline and is getting ready for a big flight
I can see high targets for this token
good luck
Hi Traders
EOSUSD (4H Timeframe)
Waiting for the downward break of 1.068 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 1.200 would cancel the bearish scenario.
Trade details
Entry: 1.068
Stop loss: 1.200
Take profit 1: 0.987
Take profit 2: 0.854
Score: 7
Strategy: Bearish reversal
![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")
