EOS - final wave in the beginningShort things short:
Coming from the top at $1.95 EOS has done a ABC in 5-3-5 with finishing the C leg at a 4.236 fib
This is the minimum requirement for continuation upwards
Final target remains above $2.20
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
EOS
💡Don't miss the great buy opportunity in EOSUSD @EosNFoundationTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.418).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EOSUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 1.574
TP2= @ 1.660
TP3= @ 1.837
TP4= @ 1.947
TP5= @ 2.041
SL= Break below S2
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ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in EOSUSD @EosNFoundationTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.418).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EOSUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 1.574
TP2= @ 1.660
TP3= @ 1.837
TP4= @ 1.947
TP5= @ 2.041
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EOS Big PictureKeep it simple in LOG scale
1) 2018 massive bull run
2) correcting since then in a hell of a bull flag
3) bounced off the low 0.786 / 2.618 confluence
What could be next?
a) start a new uptrend and break upper trendline > $12
b) continue correction towards 0.886 level @ $0.60
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
EOSUSD - Inverted H&S Breakout A Large dominant Falling Wedge structure containing a head and shoulders pattern.
This inverted H&S pattern has already formed the left shoulder and the head, with the right shoulder yet to form
I see in this chart the right shoulder leading to a breakout of the overall falling wedge and pushing price up to a very strong resistance point. Shown with the horizontal red line.
EOS cup and handle can rise price to $3#EOS/USDT
$EOS shaped a cup and handle pattern.
now price is below upper line of descending channel that can be considered as handle, and it is the same with neckline.
🐮 break out from neckline or upper line of channel can increase price as high as cup which is around $3.
🐻 break down from 0.5 fib level will invalidate this scenario.
EOS (EOS) - September 8Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(EOSUSDT 1D Chart)
1st resistance: 1.732
2nd resistance: 2.120-20386
1st support: 1.328
2nd support: 0.911-1.003
In order to switch to an uptrend, it must rise above the 2.120-2.386 section.
If it gains support above 1.732, I would expect it to break out of the medium-term bearish channel.
If you find resistance at 1.328, it could lead to further declines, so you should think about countering.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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TRADE ALERT - Long Ape to 8.10Traders,
This next trade has the potential of 86%+ profit. I have waited very patiently for APE to come down to it’s strong support of $4.29 …and here it is. I believe it’s go time!
Position = APE
Entry = 4.34
Stop Loss = 2.88
Final Target = 8.10
Risk/Reward = 2.5/1
Leverage = 1x
Profit Potential = +86%
Best of luck!
Stew
EOS- Performing Ok but market is in dangerHi everyone,
apologies for not being very active lately.
To be honest with you this has ended up being one of the worst trading periods for me, the last 6-7 days I also felt like i was in the Matrix. Thankfully my forex trading went well but that's another story.
Anyways, EOS performing much better than BTC and ALTS and here is my updated chart, might be of help, just keep in mind that the market is scaring me today and I am out completely until i see something worth posting here.
Regardless, i will share updated charts with you all today and various ALTS.
One Love,
The FXPROFESSOR