RSI and MACD shows a bullish divergence on the 2H chart. Price is also close to testing a long term support line. Strong case for nice bounce and break of the short term down trend.
Looking at this chart EOS is very close to it's long term up trend line which also coincides with the .618 fib level. The weekly chart is also on a td8 getting close to a td9 reversal. Looking for signs of reversal here but if EOS closes below this trend line I will be exiting all my EOS positions.
BTC might have a bull run next month if the SEC will approve the CBOE ETF. EOS might enjoy new people interested in crypto and looking to diversify their crypto holdings.
EOS showed some rally on the first days of July unlike the other alt coins but was in a downtrend after that specific reversal. At this point it seems it is creating bullish flag on the 3 hour chart. RSI needs some modifications besides volume increment. An elliott wave already started its rally and is now showing a sideways movement for now and could breakout...
EOS is fighting to stay above that major trendline. And if it will, we may see that wave 5 bullish move (which may take a while, since whole market is bearish). --------------- DISCLAIMER I’m not a certified financial advisor nor a certified financial analyst nor an economist nor an accountant nor a lawyer. The contents posted by me are for informational and...
At this time EOS is about to complete a BAT pattern which means a fall to the fibonacci from 0.78% to 0.88% to complete the pattern it's a bouncing zone for a long investment
Ticker: EOSUSD Exchange: BITFINEX Signal: short-term @Long Trading idea: The coin goes completely independently of the market Now it is at the highest points Based on statistics, we can conclude that the coin is prone to pumping and dumping Therefore, it is worthwhile to work with a short stop (in order to control a possible loss) Entry point: 10 Stop:...
I'm still long on EOS in the long-term, but very short-term and possibly medium term bearish. The bottom of the potential butterfly pattern would form a medium-term double bottom if price reverses at point D. The green zone is my "ideal accumulation zone" from past analysis linked to in "related ideas" - an zone I suspect is quite possible after the hype of the...
As it shows in the chart if EOS breaks below $9 ..target would be around $5.75 .. breaking $9 ...means it broke the 200 EMA which a very negative sign ... in addition, notice the Ichimuko indicator is below the candles and trading price and that by itself an enough negative sign be careful
I think bouncing off some good support for a quick gain and possibly shoot further -
Dear community, Here is an idea base on last move. Looking ag fractal pattern. Feel free to comment it's an idea to look out for possible scenarios. All the Best for the Crypto Space. Alteroc AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai twitter.com
Weekly Trend timeframe showing price has formed an ATH at 250000 satoshis, followed by a lower high at 200000. Stochastic RSI showing momentum is heading towards the downside, however price is currently testing our major support zone at 160000. Weekly showing a drop towards 120000 Daily Shifting over to our pattern timeframe we see price could potentially be...
Have made several good trades based on my support and resistance lines so far. If you would like to take a look they work very well historically on the EOS/BTC chart. Please not I do not add the "false tops" and "false bottoms" for my resistance lines. If you have further questions regarding to what that is I can leave a more thorough explanation, now however I...