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EOS-USD

EOS short opportunityWelcome to the lab! Going to be brief and short here today. 2.86$ is a very strong mirror level which is our current resistance resistance and BITFINEX:EOSUSD was not managing to close above it for the past 2 weeks. Also it made 2 bar false breakout which indicates that "whales" have got no intention to grow and they are still building position. Take a close look at current situation, if today we close below the level, and tomorrow we get a confirmation it is a decent short trade with relevantly small stop loss which has to be placed above false breakout. Entry: 2.84$ - 2.68$ STOP: 3$ -3.1$ 1 target: 2.56 2 target 2.35$ 3 target: 1.8$ He was the one to transform metal to gold , water to vine and charts to cash. D. Chemist All information in the article is for educational purpose only and is not a trading advice.
BITFINEX:EOSUSDShort
by DChemist
There is a trading opportunity to buy in EOSUSDTechnical analysis: . EOS/Dollar is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 47. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (2.1200 to 1.5500). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (2.1200) Ending of entry zone (1.5500) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 3.2000 TP2= @ 4.3500 TP3= @ 5.1200 TP4= @ 6.2400 TP5= @ 6.8650 TP6= @ 9.1500 TP7= @ 11.5000 TP8= @ 13.8500 TP9= @ 17.1800 TP10= @ 21.4400 TP11= Free
BITFINEX:EOSUSDLong
by ForecastCity
2
BITCOIN Is On The "Descending Triangle"Over the weekend Bitcoin' moved sideways between the strong areas. Our resistance was the March low at $6533 and our support was the April low at $6425. It breaks downwards from the older counter trendline which is not so remarkable anymore because there are other and newer counter trendlines but still it could be a small sign. The weekly candle closes just below the round number at $6498, so, Bitcoin' took down two out of four major resistance levels between the $6425-$6533. Remember, we had two weeks ago the "Engulfing" candlestick pattern which will indicate that we could get another leg down but we didn't. So, this will show us a little bullish hold/momentum on the BTC chart and if You remember, in August, we had a pretty strong monthly candle close (let's say a sloppy "Hammer") which could be the reason why we didn't fall further because this monthly candle indicates a little bullishness on the Bitcoin'. Remember, if You want to participate then start to make your researches from the higher timeframes! On the four-hour chart, Bitcoin' has drawn a bearish chart pattern "Descending Triangle". It is pulled from the bodies and soon, it is ready to make a breakout! The triangle means that we have breakout opportunities to either direction, descending means that we have just a slight advantage to break downwards so, a candle close below the 'currently the main counter trendline' and below the April low level will be a sign that we go downwards (red triangle is the confirmation area). Bullish confirmation would be a candle close above the "Descending Triangle" and above the March low. Then we got the bullish momentum from the chart pattern breakout and if we take down all the major resistance levels from this area then this could be another momentum sign! Summary: close above the $6533 could mean another leg upwards (green box on the chart) and close below the counter trendline could mean another leg downwards (red triangle)! Just wait for those confirmations and be patient! Hopefully, this quick overview helps You out a little bit to confirm Your own analysis and levels! Please, don't forget to LIKE! Thank You for your support! Have a nice week! *This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
BITFINEX:BTCUSD
by VaidoVeek
7
A great opportunity to buy in EOSUSDTechnical analysis: . EOS/DOLLAR is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is still a possibility of temporary retracement to suggested support zone (4.47 to 3.04). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (4.47) Ending of entry zone (3.04) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 5.78 TP2= @ 6.91 TP3= @ 7.78 TP4= @ 8.63 TP5= @ 10.02 TP6= @ 11.38 TP7= @ 14.80 TP8= @ 17.06 TP9= @ 19.00 TP10= @ 23.03 TP11= Free
BITFINEX:EOSUSDLong
by ForecastCity
A great opportunity to buy in EOSUSDTechnical analysis: . EOS/DOLLAR is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 37. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is still a possibility of temporary retracement to suggested support zone (4.47 to 3.04). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (4.47) Ending of entry zone (3.04) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 5.78 TP2= @ 6.91 TP3= @ 7.78 TP4= @ 8.63 TP5= @ 10.02 TP6= @ 11.38 TP7= @ 14.80 TP8= @ 17.06 TP9= @ 19.00 TP10= @ 23.03 TP11= Free
BITFINEX:EOSUSDLong
by ForecastCity
6
There is a possibility for the beginning of an uptrend in EOSUSDTechnical analysis: . EOS/DOLLAR is in a range bound and the resumption of an uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 36. Trading suggestion: . Price is in the resistance zone (6.95 to 5.84), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (6.95) Ending of entry zone (5.84) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 9.25 TP2= @ 10.43 TP3= @ 11.72 TP4= @ 12.86 TP5= @ 14.80 TP6= @ 16.75 TP7= @ 19.53 TP8= @ 23.03 TP9= Free
BITFINEX:EOSUSDLong
by ForecastCity
ETH, BCH, DASH, & EOS vs US Dollar week of 29th July 2018 [BTFD]Quickly looking at some of the major Altcoins going into the week starting 30th July 2018 BTC Dominance: 47.4%, hitting highs for 2018, we see alts really bleeding hard, below is some ideas for the coming week and days ahead.... ETH/USD: We have seen Ethereum lose some strength against BTC in the last week along with many other coins, COP (Cycle of Power) is showing us bullish sentiments as the grey colour and moving into the green, that's a positive for bulls and as its a pretty clear wedge that has formed which could go either way, breaking up or down out of the formation, If $435 breaks then we can expect to see the $400 area with a short or if it can break up alongside bitcoin rise and break $500, we can safely target $550 and above. BCH/USD: Bitcoin cash is in a rising wedge and showing strength to keep up with bitcoin, again can bgo both ways, if we break up over 850 with bitcoin rising we can expect hitting targets of $1k - $1.2k, if bitcoin breaks down and brings BCH with it shorts can be considered at below 800 and 700 or lower could be on the cards DASH/USD: Also showing weakness against BTC we can also see a small triangle and expect a move from this very soon. If DASH can get up alongside Bitcoin and breaks up over $280 then we can target $330/$350 but if bitcoin brings it down more and breaks support of $230 area we can see DASH coming down to $200, it has had big support at that level in last weeks. The COP went into bearish signals making the downside more likely EOS/USD: With mainnet now complete, airdrops and hype keeping EOS on par with Bitcoin in the last few weeks holding strength, its also forming a triangle on the daily and like the others can go either way and mostly likely dependent on btc movements, has good potential to move up to $16 but maybe we need to see $9/$10 broken first; Cycle of Power indicator is showing a bull sign and with some upwards movement we may get a golden cross too, looks good for EOS but if it does fail and come under $7 then possible to go down to $5 support have a powerful week, please leave comments or give us a thumbs up and star to get any updates
COINBASE:ETHUSD
by majorlee
4
A new trading opportunity to buy in EOSUSDTechnical analysis: . EOS/DOLLAR is in a range bound and the resumption of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 47. . The price downtrend in the daily chart is broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . If you missed our first HUNT, you have a second chance to buy above the new suggested support zone. . There is still a possibility of temporary retracement to suggested support zone (6.95 to 5.84). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (6.95) Ending of entry zone (5.84) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: New Take Profits: TP1= @ 9.25 TP2= @ 10.43 TP3= @ 11.72 TP4= @ 12.86 TP5= @ 14.80 TP6= @ 16.75 TP7= @ 19.53 TP8= @ 23.03 TP9= Free We opened 6 BUY trade(s) @ 4.6108 (day close price) based on a reversal candle ( Hammer ) at 03.18.2018 in our previous suggested support zone (5.18 to 4.43). Total Profit: 8041 Closed trade(s): 366560 Profit Open trade(s): 36891 Profit Closed Profit: TP1 @ 6.9500 touched at 03.21.2018 with 23392 Profit. TP2 @ 9.5700 touched at 04.20.2018 with 29592 Profit. TP3 @ 11.7200 touched at 04.22.2018 with 71092 Profit. TP4 @ 14.8000 touched at 04.24.2018 with 101892 Profit. TP5= @ 18.6700 touched at 04.24.2018 with 140592 Profit. 23392 + 29592 + 71092 + 101892 + 140592 = 366560 Open Profit: Profit for one trade is 8.2999(current price) - 4.6108(open price) = 36891 1 trade(s) still open, therefore total profit for open trade(s) is 36891 x 1 = 36891 All SLs moved to Break-even point. Take Profits: TP6= Free
BITFINEX:EOSUSDLong
by ForecastCity
1
A new trading opportunity to buy in EOSUSDTechnical analysis: . EOS/DOLLAR is in a range bound and the resumption of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 47. . The price downtrend in the daily chart is broken, so the probability of the beginning of uptrend is increased. Trading suggestion: . If you missed our first HUNT, you have a second chance to buy above the new suggested support zone. . There is still a possibility of temporary retracement to suggested support zone (6.95 to 5.84). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (6.95) Ending of entry zone (5.84) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: New Take Profits: TP1= @ 9.25 TP2= @ 10.43 TP3= @ 11.72 TP4= @ 12.86 TP5= @ 14.80 TP6= @ 16.75 TP7= @ 19.53 TP8= @ 23.03 TP9= Free We opened 6 BUY trade(s) @ 4.6108 (day close price) based on a reversal candle ( Hammer ) at 03.18.2018 in our previous suggested support zone (5.18 to 4.43). Total Profit: 8041 Closed trade(s): 366560 Profit Open trade(s): 36891 Profit Closed Profit: TP1 @ 6.9500 touched at 03.21.2018 with 23392 Profit. TP2 @ 9.5700 touched at 04.20.2018 with 29592 Profit. TP3 @ 11.7200 touched at 04.22.2018 with 71092 Profit. TP4 @ 14.8000 touched at 04.24.2018 with 101892 Profit. TP5= @ 18.6700 touched at 04.24.2018 with 140592 Profit. 23392 + 29592 + 71092 + 101892 + 140592 = 366560 Open Profit: Profit for one trade is 8.2999(current price) - 4.6108(open price) = 36891 1 trade(s) still open, therefore total profit for open trade(s) is 36891 x 1 = 36891 All SLs moved to Break-even point. Take Profits: TP6= Free
BITFINEX:EOSUSDLong
by ForecastCity
EOS/USD Short ScalpingHello everyone I hope you guys are having a nice day :) I'm new around here and I'm trying to learn scalping and mastering the RSI/Elliot waves/MACD. I will be using the divergence strategy so my positions will be opened at clear divergences or clearly defined elliot waves. I'm still learning so every positive criticism will be appreciated :) In this chart I'm expecting an ABC correction wave to .328 fib level at least. My first target is priced at 7.825 and I will close my positions laddering down. I will short at 2nd 3rd and 5th elliot wave then wait for the correction to confirm. Also I ll set orders to close my position at .5 fib might crossed by 200EMA. After laddering the short positions and SL at 8.3 we will have approximetly 1.9-2.3 Risk Reward ratio setup. Don't forget to comment and like guys happy hunting!
BITFINEX:EOSUSDShort
by QuantZero