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EOS

💡Don't miss the great buy opportunity in EOSUSDT @EOSIOTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (2.826). . 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 53. Take Profits: TP1= @ 3.001 TP2= @ 3.143 TP3= @ 3.310 TP4= @ 3.492 TP5= @ 3.764 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 ❤️
Long
by ForecastCity_World
9
💡Don't miss the great buy opportunity in EOSUSDT @EOSIOTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (2.826). . 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 53. Take Profits: TP1= @ 3.001 TP2= @ 3.143 TP3= @ 3.310 TP4= @ 3.492 TP5= @ 3.764 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 ❤️
Long
by ForecastCity
4
EOS Token Picks Up Bullish Momentum (EW For Beginners)EOS Token (EOSUSDT) is a tricky one... I remember this pair hitting support and once we buy it goes down and hits a new low... This happens over and over until we completely give up... Next thing you know, it starts to grow! --- We have the highest volume today on EOSUSDT, the highest since early December, it can hit a local peak. Remember the waves... As it hits resistance it will retrace or consolidate for a few days. Once this retracement/consolidation phase is over, then starts a new bullish wave. Normally the waves develop in a sequence of 5 moves... 3 are upwards (impulses), 2 are downwards (corrective). :D Just kidding... Thank you for reading. Namaste.
Long
by AlanSantana
EOS (Eos) Coin Analysis 28/03/2022Fundamental Analysis: EOS is a platform that’s designed to allow developers to build decentralized apps (DApps) The project’s goal is relatively simple: to make it as straightforward as possible for programmers to embrace blockchain technology — and ensure that the network is easier to use than rivals. As a result, tools and a range of educational resources are provided to support developers who want to build functional apps quickly. Other priorities include delivering greater levels of scalability than other blockchains, some of which can only handle less than a dozen transactions per second. EOS also aims to improve the experience for users and businesses. While the project tries to deliver greater security and less friction for consumers, it also vies to unlock flexibility and compliance for enterprises. The blockchain launched back in June 2018. To an extent, you could argue that EOS aims to create familiarity for its users. Whereas EOS.IO is probably best compared to an operating system like Windows or iOS, EOS is the cryptocurrency that drives the network. According to the company, it has the capacity to accommodate the demands of hundreds, if not thousands, of DApps — even if they were being used by substantial numbers of people. Parallel execution, as well as a modular approach, are said to drive this efficiency. In a unique twist, token holders have the ability to vote for block producers — as well as other matters such as protocol upgrades. Unfortunately, some of the most distinguishing features of EOS are those that certain critics dislike the least. There are those that argue that extensive Block.one’s involvement with this project means it’s rather centralized — and some argue this is the opposite of what blockchains and cryptocurrencies were meant to achieve. EOS uses a delegated proof-of-stake consensus mechanism. This concept was conceived by Larimer, and aims to solve some of the flaws that are seen in PoW and PoS systems. As we briefly explained earlier, those who own EOS tokens are able to vote for representatives who will be responsible for validating transactions. One of the advantages is that this helps eliminate consolidation, where smaller miners are pushed out by those who have greater levels of computing power and resources. The EOS platform was developed by the company Block.one, and its white paper was authored by Daniel Larimer and Brendan Blumer. Both men continue to be members of Block.one’s executive team, with Blumer serving as CEO and Daniel Larimer as CTO. Blumer is a serial entrepreneur, and one of his earliest ventures involved selling virtual assets for video games. He went on to co-found Okay.com, a digitally focused real estate agency in Hong Kong. Larimer is a software programmer who has also started a series of crypto ventures. They include the crypto trading platform BitShares and the Steem blockchain. The pair met in 2016 and formed Block.one the following year. There are 985,399,855.46 EOS coins in circulation at the time of writing, and a total supply of 1.052 billion tokens. Block.one held an initial coin offering for EOS back in June 2017 and it lasted for a year — that’s substantially longer than many of the ICOs seen at the time. A total of $4.02 billion was raised in the process, and investors from the U.S. were unable to take part. Looking at the breakdown of how tokens were distributed, 10% were allocated to the founders, 90% were distributed among investors. It is worth noting that Block.one won’t receive this allocation straightaway — instead, it’ll happen over a 10-year period. The current CoinMarketCap ranking is #49, with a live market cap of $2,981,938,783 USD. It has a circulating supply of 985,399,855 EOS coins and the max. supply is not available. Technical Analysis: The Asset has fallen 85% Lower than its All Time High, it is at a very Discounted Price and Currently at the accumulation zone, soon the Smart Money effect shall Appear on the Price Value. There exist the Regular Bullish Divergence of Price Value from MACD , which is the very Significant sign of Bearish Trend Reversal eventually Start of the new Bullish Trends. As the price value Start its Bullish trend From these kind of Discounted Zones such as Fib 78.6% or lower such as 85%, we can Rationally expect the ATH to be easily Achievable and ultimately developing the new cycle thus new ATH. There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points . The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some Price correction and Reaccumulation. on its Up Formation rally.
Long
by BitonGroup