Eos-usdt
🔥 EOS Bearish Triangle Break OutWith BTC showing signs of distress, risking a drop in the short term, it might be time to look at some shorting opportunities in the market.
Over the course of a week or two EOS has produced a bearish triangle. The price is currently close to break out through the triangle support, so a further drop might be on the way. If BTC allows it, of course.
Happy trading!
EOSUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has been able to break the resistance and is trapped in a channel. We expect it to break the channel upwards but we have identified support in the event of a fall.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🔥 EOS Bullish Reversal From SupportOver the course of a few months, EOS has formed a huge megaphone pattern. During the recent sell-off of BTC it appears that EOS has found a very strong support at the bottom trend line of the pattern.
As per my previous BTC analysis, I'm predicting that we're about to see a very strong reversal in prices soon. EOS is comparatively still quite undervalued, so I'm expecting a big jump.
In the long term, the target would be either the top of the channel or the current ATH.
Happy trading!
Parabolic Curve pattern idea for $EOS USDTThis is a personal research and idea for investment. DYOR and TIT...
This is $EOS coin against USDT pair on a daily chart .
ABBREVIATIONS
Parabolic Curve Theory ( PCT )
Price Action (PA)
BTC ( Bitcoin )
T/K (Tenkan/Kijun Blue/Yellow lines)
:::DISCLAIMER:::
This is a long-term pattern that probably will develop exponentially growing price action as it starts to close. It seems consistent to PCT as we get higher highs and posterior ranging at key Fibonacci levels and there's also a sub-base 1, midway to the .236 fib (base 1 or .b1).
See as .b1.1 or as like I call it, sub-base 1 is touched at mid-height from the base of the Parabola to base 1 (.b1)
As I'm looking at this chart and describing my idea I'm very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action wonder outside the confines of the pattern invalidating or at least demanding a reassessment of the idea.
TIME/PRICE PROJECTION
Pattern start: Late-Jan 2021
Estimated end: Q4 2021 (5 months from publishing)
Price tag at time of publishing: 10,3871USDT
Expected price tag at end of pattern: 25USDT
Safe trailing take profit area: I will assess this as the pattern develops.
TECH INDICATORS
Ichimoku indicators:
-Bullish Kumo cloud.
- Span A and B flattening suggests consolidation period.
- PA above Kumo, bullish sign.
- Bullish T/K crossup 5 days ago from this publishing is also bullish.
- Chikou lagging span far and high.
- Parabolic SAR indicates bullish trend.
Trade at your own risk...
NEWS CATALYSTS AND BTC VOLATILITY
No major news upcoming this year related to coin.
Seems affected by BTC dips.
EXPECTATIONS
I expect a completion of the pattern if BTC doesn't pull PA out of pattern. If it does, this idea may need to be revisited.
$EOS at least at 25USDT price tag within months from now.
FINAL NOTE
Drawing may need some minor adjusting as the pattern develops.
EOSUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in 1 hour time frame. As you can see, we have broken our resistance line. If we leave the triangle, we can enter into a deal.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🔥 EOS Potential Bullish Triangle Break OutAfter seeing some strong gains early April, EOS has formed a bullish triangle for us to trade. Seeing that EOS failed to close above the $7 resistance for the fourth time, I'm expecting EOS to fall down towards the support of the triangle.
Assuming the triangle will hold, the price will bounce off the lower support and shoot up. We've seen a similar pattern occur with XRP yesterday:
Also, I've got another trade running on EOS. The signal below is more a long term trade which could take several months, whereas the current trade's targets are much closer. Think about $8-$9.
🔥 EOS Severely Undervalued: Weekly AnalysisAfter the Corona Crisis in March 2020 around 80% of crypto value evaporated in a two week time span. After the massive dip, retail- and institutional investors alike started to buy crypto (and other assets) with everything they had, which brings us to today.
Nearly every crypto has at least done a x10 in the past year, some even a x150 or more. Even Bitcoin, the largest of them all, has made a x20 from its March 2020 lows. Every crypto mooned, apart from one.
EOS has only gained 200% since its lows from the Corona Crisis, which makes it one of the worst performing large cap cryptos, lagging severely behind the rest of the market.
Why would now be a good time to step in? The resistance from right before the Corona Crisis got broken today, giving EOS a lot of bullish momentum. For reference, for Bitcoin this resistance was located at 10.5k and broke last July. BTC went x6 since then.
Be aware this is a long term trade, especially the further targets might take a while to reach.
Buy: 5.7 - 4.7
Target: 8.7 - 10 - 14.5
Stop: 4
Happy trading!
Man makes a mistakeAnd invests in a shitcoin with no future.
Putting the Melodrama aside, Eos is a pretty frustrating investment considering the rest of the market.
I highly recommend New investors to apply their time to better projects out there as This is NOT one of them. Consider Eos a 100/100 for high risk. So Check your tolerance at the buy!
Once I turn green I'll be shifting all my holdings towards zec and vechain for the next 3 years + and eliminate all trading.