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
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
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
👀 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.
⚡️ Spot recommendation EOS⚡️ Spot recommendation EOS
Investment term: year+
Price now: $1.16
Growth potential:
— risk-free up to $3-5 (average asset price)
— average expectations $10
— high expectations $24 (ATH 2018)
— at the ideal level F1.618 a growth to $33
💬 Just hold?
— I’m personally threw part of EOS into staking for 90 days on whitebit. 28% per year sounds great. 6% for 90 days too.
EOS at lower line of falling wedge#EOS/USDT
$EOS is above lower line of lower zone of long term falling wedge pattern.
🐮 holding the lower line of wedge as support will increase price to resistance zone around $1.2.
and breaking out from this zone will head up price to upper line of wedge that is the same with resistance zone around $1.6.
🐮🐮 as you know if break out from upper line it will increase as high as the height of pattern.
🐻 breaking down from descending support will invalid this analysis.
EOS the last chance (bottom) and the range market 📖🚀Hello 🐋
Based on the chart, the price is close to the support (bottom) or better to say the lowest price this token has ever experienced ✔️
we
suppose this area as the last chance and the bottom for the end of the correction to the downside, and we expect to see more gain beside the range market is an acceptable scenario too 📖💡🚀
and
if the price break the range area to the upside, we will see more gain 🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋