🔥 EOS Oversold Double Bottom Bounce: High Risk/Reward! Like most cryptos, EOS is currently seeing a bullish bounce after weeks of selling. There's two reasons on why EOS might see a strong bullish move coming in the near future.
- The daily RSI has reached oversold.
- The price has found support in a 1 year old support area.
Wait for the price to close above the 0.92 level, which is a short-term resistance. Target is placed at the recent highs. More defensive traders could move their stops to break even and/or take partial profits around $1.
Eos-usdt
EOS : WHEN ITS GOING DEPENDING THE TRADING PLANEOS for the long term is very interesting.
We know it did break down from high but there are possibilities for a recovery.
Out of the speculation that this coin can become a Twitter payment system coin and it has already a history with social media, this is based more on some info that we did share before.
It's always good never to trade depending on speculations as we will never know 100% until there are updates coming.
This view shows only the way E OS could increase in the coming time.
EOS did show before that it can go against BTC, and that it can increase with volume, as it did before from a low 3 USD to 22 USD price into the short term.
We will check the coming time or if there will be some volume, as at this moment still the right volume is not confirmed.
Good trading times. and with time we will follow or EOS has gained new price views.
This is not a view to buying EOS, but only to see our view.
Trading will stay always risky
EOS PUMP!🚀🚀The ascending wedge has already made a pump and its going for it again, cuz normally after a pump it will dump a bit and pump back to it's high before a huge dump. You can follow this trade setup and make some profits🚀🚀💸. I will only enter if it closes close to my entry level and above the wedge : ) .
EOSUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you can see, the price has formed a butterfly pattern and is currently fluctuating on the resistance line.
If it can be stabilized above the resistance line, it can touch our target over time.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
EOSUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price has been able to start moving upwards after breaking our white resistance line, and is currently fluctuating above that.
We expect the price to touch our target over time, and as long as it fluctuates above the support line, we can predict a rise.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
EOSUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you see, the price is fluctuating within an uptrend channel and currently, the price is fluctuating close to the bottom of the channel.
If the trend does not enter below our support line and can break the resistance line ahead and stabilize above it, we expect it to reach the ceiling of the channel.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
🔥 EOS Break Out From Descending WedgeEOS is one of the token which is later to the break out party. Nevertheless, the break out is here.
The $4.5 support area has been a rather strong one in recent months, so the price might test this area again before moving up.
Main target for the current move: $5.50.
Happy trading!
🔥 EOS Break Out: Bullish Price Action AheadWith Bitcoin showing exceptional bullish behaviour, many alts are riding the bullish wave up as well.
EOS is one of them. As seen on the chart, EOS has broken out of the horizontal trading area and is now slowly climbing up.
Main target for the current move is placed at $5.50.
Happy trading!
EOS ready for 7.50Bulls managed to push the price towards 23% of Fib. starting from the highest level this year - 14.48. there traders collected some good profits following the uptrend from 3.20. The price has made a correction to the main support level at 5. Following the history of the chart, we can see the price bounces back up from this support every time since the beginning of the trend. Since EOS is traded above this support, the trend is not over yet. Buyers are expected to enter here around this zone - 5-4.85 and push for the next target 7.50. The idea gets invalid if we see a close below 4.53 on 4h chart.
🔥 EOS Bullish Volatility: New TargetAround a week ago I made an analysis on EOS. I argued that this gradual move upward will inevitably lead to a strong volatile move upward.
As seen on the chart, EOS saw a rather big move upward as of late, bursting through the two areas of resistance I marked on the last chart.
Looking at EOS now, the $5.4 support is currently the main support which has to hold. Might very well be the case for EOS to touch $5.4 again before moving up again.
First major area of resistance is the area ranging from $6.8 to $7.4, which can be reached in the coming week as long as BTC remains relatively bullish.
Happy trading!
EOS going beyond $5All right, we can see that the price managed to break the resistance of the up channel yesterday which started around $3. Bulls pushed the price above $5 mark yesterday and then we witnessed a correction to 4.60 due to a profit-taking interest among the traders. Buyers reloaded at 4.60 and we can see that EOS is forming a good support at $4.80 now (which was the top of the channel before).
Broken Resistance - New SupportBulls have pushed recently and the price bounced back up from 50 MA (blue line) as expected. The bounce brought the price back to the up channel. The resistance at 4.50 has been broken and now EOS is finding good support there getting ready for its next move to the upside.
False Breakout, Support at 50 MAWe can see that bears tried to break down the up-channel on 4 hours chart, however bulls are still in control and EOS has found a good support at 50 MA (blue line) and it could not get broken for the past several days. Also, we can see MACD lines are about to cross each other soon and the orange line to go below the blue line which confirms buying signal. Following these indicators, we could expect the price getting back to the up-channel and eventually breaking the next resistance at 4.50 mark.
🔥 EOS Gradual Move Upward: Volatility ExpectedLike many other coins, EOS is currently seeing a moderate bullish move. Compared to other tokens, EOS appears to be lagging behind in terms of gains.
Since EOS has seen such a gradual gain over the last few weeks, I'm expecting a strong move in the near future. It often happens that a token goes up for a while and then there's this sudden +20% day.
Main target is the second resistance on the chart, around the $5.40 area.
Happy trading!