EOS/USD Back to ATHRecent Block one exchange news given EOS a lot of volume, as alt season continues it's almost certain eos reaches its ATH and goes further. The BTC pair is on the floor still.
Trade ideas
EOS - back on feet soon?Good Friday,
The EOS community is considering a proposal to increase staking reward. That could be on of the reason why EOS went up likely, that and the fact that a lot of alts were leaving BTC behind lately.
But after touching the 13$ ceiling EOS fall 27% !! Enough to liquidate a a lot of people, when the atmosphere is overall bullish.
From the 9.5$ support we could go back up 23% based on retracement. We believe we could touch that support again before this happen. If not we could easily go down to 8.5$.
EOS has still room to go crazy, it is still far from this all time high of 22$.
This is all for recreation purposes and remember do not invest more than you can afford to lose.
broadening wedge breakout$eos broadening channel break. 1.68 target is in line with broadening wedge target #EOS
watch for retest of trendline and then big bounce up.
DYOR and GL!
Eos Long Idea. Levels to watch for the retest of the all timeLook at the weekly chart.
Major levels off the last all time run. I think anywhere from 9-12 $ is a good long settup
Potential Adam and Eve Settup.
First major breakout has happened.
I took some ltc money and bought some eos. this is a fun little experiment.
This is not advice. This is my opinion and view of the market. This is for my record and reference as a hobby trader.
Short-term target 15.5 USDa sensible 1 to 1 extension of the 5th wave should be in the area of 15.5 USD.today 11th of may
WOW perfect prediction played out!!!In my previous analysis I showed where EOS would land and how it will possibly play out. It has been on point so far.
For my next targets,
if we close above 13.50 today then expect ATH ($22-23 ) very soon as there is not much resistance above 13.50
EOS just announced Block.one has secured $10Billion funding for their exchange called Bullish.com. The exchange is going live in 2021, HUGE NEWS!!!
$EOS longAt this point if you're in from lower, stop micro-managing, watching the hourly and chill out. $ EOS has big target like most of crypto.
MY MINIMALIST CHART ANALYSIS FOR $EOS$EOS - EOS ON A DAILY CHART
5.10.21 0456H +8 PACIFIC
MY PRACTICE MINIMALIST ANALYSIS
ENTRY AND EXIT POINTS FOR A SWING TRADE
USING RANGE BOXES AND FIBS
Note:
Run your Fibs at the top and bottom of
the big and small range boxes together
with your chart for your target exits and
stop-loss.
This is not a piece of financial advice.
I am just a student and still learning.
Adjustments will be made in
accordance with The Dynamics of the
Market along with Trading Psychology.
Caution, Trade what you see and not
trade what you think.
Postings are done most of the time will be
delayed, as it takes time for me to finish
on several assets.
Updates will be posted religiously if time
permits.
Eos to 11$ at least then possible correction to.618 fibBullish but obviously a good potential dip buy opportunity
$4 Billion War ChestSome people are going to be sad soon seeing the "dead chain" pass their favourite chain in marketcap!
Correction over?Looks like we could have a complete ABC pullback.
The C leg is kind of stunted and shorter so it's possible we get one more little leg down to $8.30, but anything past that would start to threaten our uptrend, which would be a major surprise.
EOS has been very supportive so far and it's alt season is just starting. Think of the goal! Where are we going?
Don't worry about the bumps along the way.
I'm going for $40 then $80 then $120.
Then I plan to sell, watch everything crater and everyone lose hope and think crypto is dead. And when everyone says it's dead, YOU BUY!!!
Think of the dot com bubble.
This is extremely similar.
