EOS, the 5th digital coin by market value, is changing hands at $7.62 at the time of writing, down nearly 7% on a daily basis and -1.8% since the beginning of Tuesday. The coin is one of the worst performing cryptocurrencies out of top-10, down 15% since the recent peak reached at $9.34 on July 18. Due to its current oversold state and the range it has been...
EOS has had a strong bounce off the bottom of its trend channel. We will buy in now with small amounts of capital target fibonacci levels as selling points.
Targets
8.45
8.91
9.43
9.91
Stoploss: 30 minute candle close below 7.1
If EOS holds $8.30 level we should consider going long at $8.60 and it breaks below $8.30 (.382 Fib Level) Consider going long at the following prices:
50% @ $8.05
50% @ $7.95
Stop Loss @ $7.50
Nice and clear pattern forming, where we have clear entry opportunity.
The break will most likely have follow through especially with bitcoin continuation!
Hello
I was looking at Eos/usdt chart and i have recognised a 5 elliot impulsive wave bear that apparently just closed the cicle and its about to start the ABC correction, these are my targets labeled in the chart, 10.33 the first one
nice rsi divergence in the hourly time frame ( not in the chart )
Kiss
BlacKouTraZ
This pattern is on track to complete at D, so long entry on signs of a reversal at 9.7 and takes profits an fib retracements on the wave up, with top of wave possible finish at 12.4.
