EOS Getting Close to Bottoming... But Black Hole Lurks Below!EOS (EOSUSD) has now pulled back below its 2.33-support invalidating the GREEN pattern. Our now-primary RED pattern sees EOS going a bit lower before potentially seeing a violent reversal upwards!
PRIMARY RED Pattern:
This sees the correction that started in September of 2021 as a large ending diagonal C-wave completing the larger-degree 2nd wave pullback that started after our May 2021 peak. Due to the depth of the correction, I see EOS has being in a 2nd wave instead a more shallow 4th wave.
I expect EOS to bottom around 1.71-2.14 as depicted by the purple target box in my chart. However, we really should NOT see anything much lower than 1.71 as a key support resides below at 1.28. This 1.28-low was the March 2020 low that started the entire rally from March 2020 to May 2021. If that breaks, this puts any bullish upward action in EOS in jeopardy!!
While other altcoins are also getting dangerously close to this point, Bitcoin and Ethereum are not. However, BTC and ETH also have a lot more downside potential as their pullback structures don't look as complete. The danger comes from sentiment continuing to pull down EOS as BTC and ETH complete their pullbacks. Keep on your toes!
BUY Opportunity:
Once EOS enters the purple box, I would like to see a clear 5-wave impulse rally upwards. If I see anything like that, I am a buyer! Because we are completing a larger-degree Wave 2 in EOS, I expect insane returns as we enter Wave 3 for EOS! In addition, ending diagonals are often followed by SHARP REVERSALS!
Check out my video explainer on YouTube!
I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels.
#eosio #eos #blockchain #venezuelablockchain #eosvenezuela
EOS
DYDX Daily TA : 01.22.22 : $DYDXAll supports and resistances are marked on the chart and the price is in an important range and we have to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 22.Jan.22
⚠️(DYOR)
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Buy the box and holdKeeping this one very simple. This has always been a decent buy area. Just entered a very small spot. Snagging 15k more EOS if all are hit through the box.
Ultimately I'm extremely worried about buying today on anything, which I've learned is a good time to start buying. "I'll wait for at least one more dip" is usually when I miss the train. lol.
I'm a random person on the internet. Taking my advice or copying me is ludicrous. I post these strictly for historical referencing and to laugh at just how badly I did. Just look at my past charts. SMH
EOS BREWING wow, look at that tiny tiny tiny price range EOSBTC has been doing since hitting its low early decemeber.
we all know, the long and tinier the range, the bigger the next impulse.
since we have what it looks like finished wave 5 of C in early dec and have had that first little bump thereafter which may have been our wave 1 of 1 of 3, we might be now finishing wave 2 any time soon.
next would be wave 3 of 1 of 3 , so please hold my beer, we might rock real hard soon
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No financial advice, do your own research, don't be stupid
EOS (EOS) - January 18Hello?
Welcome, traders.
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(EOSUSD 1W Chart)
(All: )
If it declines from the 2.8250 point, it is likely to enter the mid- to long-term investment zone, so you need to trade cautiously.
It must rise above the 4.0849 point to turn into an uptrend.
However, to accelerate the uptrend, it needs to break out of all downtrend lines.
It is necessary to check whether it can ascend in the volume profile section formed over the section 2.8250-6.4053.
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(EOSBTC 1W chart)
(All: )
I think we are entering the mid- to long-term investment zone, with a decline from the 0.0000 856 point.
It must rise above the 0.0000 856 point to turn into an uptrend.
To continue the uptrend, it must move above the 0.0001 470 point.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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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Resurrection of a Giant? EOS showing signs!BINANCE:EOSBTC
What to say about EOS? I think everybody that has somehow followed EOS´s development from time to time knows that he/she actually doesn´t know anything about what is going to happen with this project.
Some might think they know, but lets be honest. WE DO NOT KNOW!
The very same dilemma can be seen in the Chart structure.
EOS still suffers from a 3,5 year downtrend and has been on a flat line ever since 1 year (more or less).
Looking at the weekly chart we can assume the bottom is in (never say never!)
The upside potential is greater than the downside.
Getting back to the old Fib line of 0.23 means a massive 470%, which I think is very possible.
By the end of 2022 I can even see a 1000% upside move as a potential.
Needless to say that positive/negative news about EOS will strongly influence price movement.
Main reason for this is that EOS is not trending at all right now. And in order to give it a proper pump we need people as this is no small cap coin.
Lets see what will happen in the end, EOS is definetely on my watch list.
Enjoy and protect your capital.
Best Regards,
Thatwalletguy
PS. No financial advice, do your own research
EOSUSDT Analysis : respectful support trend lineHi guys. Gonna Analyse EOSUSDT
We got a very respectful Trend Support 1 Major (TS1 Line) over 10 touches and bounces
and also a good mid line (minor trend MT Line )
Scenario 1:
market is bullish right now so we can see a retest to previous minor S/R Lines and Strike to TS2 Line (Major Res line) and see how it react ... Break? or fail?
Scenario 2:
also market is bullish right now we can see the Striking aaaaand return to 2.65 support line .
Can I know your idea ? happy to listen :)
Clear break out for #EOS, lazy & slow coin,but low enough to buyEOS has broken out the downtrend line validly on Daily chart, this coin is very slow these days specially after the google cloud news, but worth buying in this price.
A safe target is being shown on the chart, but keep tracking the uptrend strength and make a risk free at any suitable point.
Cryptos under pressure showing good some short setupsLooking at the lower timeframe 30min charts, a lot of short setups are lining up into my favoured cryptocurrencies. Momentum is rolling over and price is set to squeeze out some recent buyers to move lower. Watch the video for my reasoning behind the short setups and how I am looking to attack the price action.
Thanks for watching and please take some time to check out the website in my profile.
EOS/USDT LONG TERM POSTITION TRADEAlways focus on a perfect entry! It will reduce the possible risk in your trades, even if it is a position trade!
In my opinion this coin has still 300 - 400 % potential to grow in 2022. I strongly believe that we can attack the important leg of the move on the weekly, monthly chart.
Institutional traders are slowly getting in and averaging their positions, so don´t miss this opportunity. Realistic expectations could be even higher and the price can create new ATH in 2022, but its too early to make a conclusion.
1. Entry - 2.550 - 2.630 (if we don´t reach this price then enter first confirmed valley on a 1D chart - (3.220 - 3.260)
2. Entry - 1.965
TP1 - 5.561
TP2 - 6.773
TP3 - 8.908
TP4 - 11.958
Stoploss: WEEKLY CLOSE UNDER 1.396
Good Luck !
EOS is Going to become Bullish Soon!Hi every one
EOS / TETHERUS
EOS has done a Massive Bearish Movement But There are Signs of a Incoming Bullish Movement Soon. EOS Is in a Falling Wedge Pattern Right Now. The Price will do a Break out Soon and Increase To The Top of The wedge Pretty Easily. The Target & The Resistance Is Drawn on The Picture. There is also a Regular Bullish Divergence (+RD) on MACD as well which Strengthen our Prediction for EOS to be Bullish.
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
EOS short-term and mid-term analysisEOS is one of those the old-school coins (from 2018) that hasn´t done much.
We expect EOS like many other coins such as XLM , XRP , BCH to do well in 2022. Don´t sleep on EOS . Once it moves, it moves fast.
Targets like in the chart.
Visiting strong buy zone (green box) is still highly probable as we expect BTC to drop in a short-term . However, if we hold, we expect an uptrend.
Feel free to drop a comment if you appreciate this analysis
No financial advice