After the rise in wave A-1 and correction until 61% Fibonacci, it has taken a new path to rise. But until now, the current movement cannot be counted as a strong impulse and can be just a small rise after the correction in the form of “B” and then we might have a third wave of fall. Red rectangle is an important resistance area for the current movement and if...
Cosmic Trading EAG Student Signal Challenge * Not a real signal! This is just an an exercise! * EOS/BTC Medium term Buy up to: 0.00084 Target 1: 0.00088 Target 2: 0.00094 Target 3: 0.00104 Stop Loss: 0.00081 Thesis: * Long-term uptrend with short-term pull-back * Apex of bullish descending triangle converging with 50 EMA * 8 days until EOSDac Airdrop * Not...
EOS BTC STRONG UPTREND 1 HR BINANCE
EOS BTC LONG TERM POTENTIAL COIN 1 HR BINANCE
Incoming Hong Kong meetup and Dawn 3.0 update may bring us more hype if deadlines are met. High potential bounce from support but we should keep in mind that BTC showing bearish signs and market cap has fallen to $250 Billion from $282 Billion in 24 hours. If the downfall of BTC continues we should trade with caution and never forget SL.
BULLFIGHTING TENDENCY EOS/BTC AB.CD pattern risk ratio 1-3
Bullish flag pattern has emerged with a potential target at $8.45 with a stop loss below $4.95
So, did a TA on the D for EOS/USD, The last days, the Dojji's seem to be linging up, got almost a bearish tweezer... Guess bearish it was and still is. Though increasing volume, price doesn't seem to break the trendline and is touching resistance all the time. You know what that means, watch out bulls, bears are incoming, you can fight, but you'll run :) So...
Good Morning, Traders! EOS looks to be forming into a pennant after a recent very bullish candlestick was created. As of now, the top and bottom of this possible pennant have only been tested twice each. This doesn't make the pennant very strong and could also be forming a double top pattern instead. If the pennant completes, the breakout will most likely be...
EOSBTC Fifth wave? It seems that the EOS is not going to stop. He successfully achieved the first goal on our previous recommendation. We see a tapering triangle in the case of breaking through which the next wave of growth awaits us. Elliot agreed it could be the fifth wave and our next target will be 0.00090000. if we successfully overcome it, then the next...
Some things I've noticed on the 4Hr chart: - Notice the breakout through the downward diagonal resistance line. It retraced and bounced off of it confirming the switch from resistance to support line. - Could that be a bull flag forming there? It seems that price is starting to consolidate towards the end of that flag. If price breaks upward through the...
EOS is a very strong long term coin know as "Ethereum Killer", after dropping for some many days it is finally getting closer to a major support/reversal zone. If EOS breaks up and over the downtrend and starts another ride, we can consider a position. Under 0.0006-0.0007btc is a good buy zone, roughly around $5-$6, this could be the new ETH,its bigger and...
This is a followup idea on my previous post : EOS is about to fight with BTC in the BLUE window. This should be a pretty intense and interesting fight to watch before turning the scene into GREEN
I THINK THE PRICE CAN BOUNCE IN 50% FIBONACCI CONFIRMING THE CUP&HANDLE FIGURE IN WEEK GRAPHIC WHAT DO U THINK?
Did a TA on $EOS against BTC and found a good entry at around 77k sats indicated by the yellow box. $EOS is a good long term hold because its a faster form of ethereum although the token will only be officially launched in June. However, there is also announcement that EOSfinex - a high-performance, decentralized exchange will be built on EOS.IO. Overall, good...
An adequate cup and handle pattern is forming on 1 day chart of EOS/BTC. A large surge in upward price is expected once handle of the pattern is breached in the upward direction.