EOS has pumped 15%. What's next?Hello, dear TradingView members.
This idea is an EOS analysis.
EOS has moved 15% up today and reached the resistance levels.
There are two resistance levels on the way up and three support levels on the way down, holding the price up.
There are two possible scenarios for now which I've shown on the chart for you.
RSI is overbought, so the price has room to go down.
The Speedometer indicator shows Buy volumes on the market for EOS on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
EOS
EOS the Shuttle-Mir after the Apollo disaster. Opinion:
- EOS change in team.
- Exodus of toxic team members
- New project growth emphasis
- Mengel update
EOS is part of a very small club of 3. It has settled all disputes with the SEC and therefore not susceptible to a XRP like catastrophe. This alone places it up there with ETH and BTC as SEC shielded.
Sources:
www.sec.gov
www.sec.gov
www.coindesk.com
Furthermore, the change in team and exit of the old team, makes this project very likely to grow in MsM support aswell as institutional and partnerships.
Quite frankly from a legal perspective it is the only project with the legal hurdles settled enough to rival ETH in company partnerships and adoption.
I am expecting great things and am convinced this is bottom for EOS . Long term it will reach over 100$ values, but for now due to the current macro economic sphere, TP'ing key levels is not a bad idea. Buying a huge bag here is also not a bad idea for the long run, but given the economy; risk scenarios are due in consideration.
#LONGTERMULTRABULLISH
Each level L1-L3 (S1-S3) and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's and L's these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
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EOS ready to have a move up (Long)After a pullback in higher timeframes such as daily and 4-hour, I expect the strong bear bar late in a trend is just an exhaustion gap making the price to fill the gap and give us a measured move up from there!
It also looks like a finished two legs pattern (leg1 = leg2)!
NFA
EOS/USDT: Still looking for a larger adoption---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)-------
EOS/USDT: Still looking for a larger adoption
Context
- The Global Crypto market leads by BTC and ETH reversed up drawing a new bullish trend - EOS is still underperforming ETH & BTC looking for a larger adoption of its ecosystem
- We are watching at 1,85 as resistance to re-integrate to provide a clear recovery signal
- Watch 1,06 as key Tactical support
Market configuration
- Graphical Elements :
Graphical Resistance = 1,85 & 3,50
Graphical Support = 1,06
- Mathematical Indicators:
EMA ( Exp Moving averages) are now support at 1,30 = Bullish
RSI indicator (below) is now above 50% = Bullish
- Elliot & Harmonic Wave (Fibonacci):
Fibonacci Target (C) B has been already reached = 0,82
Fibonacci resistance of the wave in progress = 1,85
Fibonacci support of the wave (2) = 1,06
Fibonacci Bullish Target = 3,50
Conclusion
Preferred case => As long as 1,06 remains support we are looking to buy the dip in the buying area (1,30) in order to test and then surpass 1,85, before opening a further rise towards the double bottom potential at 3,50
NOTE: We are not considering this coin to be part of our portfolio regarding the relative underperformance on going versus ETH & BTC
EOS leading the packWell well welll,
Heres a nice example how price action can accelerate. EOS is pumping hard and depending on how high this wave 3 goes, it either gets to 8.236 (yellow counts) or even get a double extension to 16.236
Expecting similar movements for other alts as well
Stuffs brewing big times and people havent yet fomo'd back in
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
EOS weekly time frame analysis Things are looking amazing for EOS along with most of the crypto market.
EOS definitely looks bottomed out. Fib drawn from recent swing high to swing low. Red box’s drawn from wicks that need to be filled on the weekly time frame. Along with a trend line. Simple technical analysis is showing EOS going to 5.00 to 5.25
This analysis is being done on the weekly time frame so this will take some time to play out.
What does everyone think?
EOS drops 17% in a Retest, Immediate Resistance at $1.43Past Performance of EOS
EOS contracted on August 4, mirroring the general performance of the crypto market. Currently, EOS is up three percent on the last trading day and firm as per arrangement in the daily chart. The immediate support level lies at $1, and EOS is within a bullish breakout formation.
#EOS Technical Analysis
EOS is down 17 percent from last week's highs, but, as aforementioned, buyers have the upper hand. Even though prices retraced in a retest on August 4, bulls can double down on any attempt lower above the $1 round number with targets at $1.43 in the short term. Still, there is a concern because of the three bar formation from July 30 to August 1, signaling weakness. Conservative traders can wait for a break above $1.43 to target $1.90 or losses below $1 and ride the downtrend to $0.87 in a bear continuation formation.
What to Expect from #EOS?
EOS is bearish from a top-down preview, but prices are solid in the short term and in a bullish breakout formation. A close above last week's highs could lift the coin towards Q1 2022 lows in a retest.
Resistance level to watch out for: $1.43
Support level to watch out for: $1
Disclaimer: Opinions expressed are not investment advice. Do your research.
EOS 1D Hidden Divergence!Hi guys! A hidden divergence i saw on the trend. At the break of the trend line, if it confirms with 4H candles , you can stop your position. Spot or Futures choice is yours. Please always try to buy lower tiers than i post!(I mean close to trend line) Good luck!
Don't forget to like the graphic!
EOSUSDT 3D The beginning of the revival of "old man" Eos ?Today we will look at a global chart of the EOSUSDT trading pair on 3 days time frame.
In front of you is the entire trading history of EOSUSDT, which is 5 years from mid-2017 to the present.
At different stages of EOS life, it was called know-how a breakthrough in the crypto industry and announced to create a bank and crypto-exchanges on its basis and many other things. But such news background and marketing didn’t help. In fact, the price was in a clear downtrend for more than a year.
However, in general, the first signals for a possible trend of changes upward are appearing in the cryptocurrency market.
And although the rebound in the EOSUSDT price was very late compared to most cryptocurrencies, but in recent days the growth has started to catch up according to %% indicators.
Our expectations for the EOSUSDT trading pair in the coming weeks:
1. A modest correction of the EOS price to the $1.20 area will by no means prevent the continuation of growth.
2. Continuation of growth with the first target to the $1.60 area or +32.50%
3. And if lucky, the continuation of strong growth to the $2.05 area or +70%
In general, if you look at the history of EOSUSD trades, then 5 years ago, in the summer of 2017, the first trade consolidation took place precisely in the range of $1.50-2.10. Therefore, it is time to return to it)
P.S:
Before the weekend, we made an idea for BTCUSDT, and it clearly worked: after $24700, the market went into correction
And what will happen next - in the idea below
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
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👀 That's how I see the market on 26.07👀 That's how I see the market on 26.07
BNB locally fell out of the pattern. We don’t trade TA, because as you can see, before that, he cunningly shaved TA traders in the opposite direction. It's not even surprising anymore 😅
EOS on spot. It fell out of the wedge in a Week, then returned. The potential is huge, see posts above. I buy a little every day ⚡️
BTC also violated TA rules. Previously, it hit the previous support and went down. MM is just collecting liquidity 🤔
Market CAP has previously been directly on support, below is huge liquidity. You should not forget about this, because MM only thinks about it 📮
The global economy is in 💩. From this, the crypto should only grow, but no, something has changed. Nevertheless, buy on spot every day in parts in the coming month - we have a clear understanding of the global.
Cryptocurrency Green Week (Market Cap. Will Hit 1.675 Trillion)Let's start with the altcoins first and I will explain my point at the bottom.
Litecoin (LTCUSDT)
- Above EMA50, high volume today.
- Signaling green next week.
Chart:
Bitcoin Cash (BCHUSDT)
- Full green candle today.
- Trading above EMA21 and EMA10.
- Signaling green next week.
Chart:
EOS (EOSUSDT)
- Hits a new high today.
- Trading above EMA50.
- Signaling green next week.
Chart:
Ethereum (ETHUSDT)
- We have a bullish flag.
- High volume today.
- Trading above EMA50.
- The retrace did not hit any of the moving averages, this signals good strength.
Chart:
Cardano (ADAUSDT)
- Trading above EMA50.
- Same situation as the pairs mentioned above.
The cryptocurrency market moves together...
The major Altcoins move together...
While we can see a doubtful/shaky Bitcoin chart, this is done on purpose because everybody's attention is on Bitcoin, so it can't be 100% clear what will happen next.
So we get the doubt on Bitcoin but if we look deeper, other charts that are correlated are already moving ahead.
My theory is that Bitcoin will grow because all these others are also growing and they move together/in groups.
We already used this same thinking successfully before...
See these two examples below with Ethereum Classic (ETHUSDT) and Polygon (MATICUSDT).
Polygon
Ethereum Classic
In the TOTAL chart we can see that the MA200 support holds.
After an entire month of consolidation we get a hammer (reversal signal) and this week a full green candle...
The rest is on the chart.
Namaste.
EOS at important volume resistanceEOS at important volume resistance
Bears will likely try to defend the $1.26 mark since that was the most traded volume before the breakout to the downside
If Bulls get above it... a strong support might occur later on
*not financial advice
do your own research before investing
8XLev.EOS=Ez920%We haven't looked at EOS publicly in a long while...
This is the same BTC, ETH, DOT, SOL, you name it, chart.
All the major cryptocurrency projects have this same chart vs USD/USDT.
First, a low around mid-May (12-May in this case as with other altcoins).
This initial low has the highest bear volume and is followed by a lower low mid-June (18-June on this one).
The lower low has less volume signaling that the bottom is in.
Some of the other pairs went on to produce a lower low 13-July but this is not the case for EOSUSDT, signaling strength.
So after 18-June EOSUSDT starts to grow and now it trades above EMA50 telling us that the bulls are in control.
Yesterday we had a red candle but prices still remain above EMA50 and EMA10; Just consolidation...
Consolidating while bullish means higher prices next.
We are active on this one with 8X.
We buy and we hold, we have a plan and let it roll...
Sit back, relax and let the market produce the results.
Namaste.