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EOS

EOS Resets with Continued Large Wave 2 PullbackEOS (EOSUSD) appeared to have the much-sought-after 1-2,i-ii setup in place, but then it crashed right through support below and invalidated not only the nested setup but the entire 1-2! The primary PURPLE pattern is invalidated , which means that the correction that started after our May 2021 top has continued all the way into present-day. In other words, EOS has followed our bearish RED alt pattern that had been lingering all along! BCH, ETC, and FIL have suffered similar fates as they, too, have hit lower lows. Well, that's a lot of doom and gloom. What's the silver lining?! Since the big pullback never ended in the first place, that means we never actually started our big 3rd wave rally. And that means that our unimpressive former 1-2 setup is dead. And THAT means that we may actually see a better 1-2 setup now. EOS can go as high as it wants now since there is nothing in place at the moment. That said, 1st subwaves typically project to the 0.382-0.618 extensions of the previous higher-degree impulse, so I have a rough target range of 6.04 to 10.86 for a minimum 2x return (shown with the new GREEN primary pattern ). This GREEN pattern sees the larger correction as a double-zigzag, which is a zigzag pattern whose subwaves are also 3-wave corrective zigzag patterns. Double-zigzags (or double-threes) are notated with W-X-Y nomenclature in order to reduce confusion with the A-B-C subwave labels within each wave. If that's not exciting enough, there is a strong confluence at the 1.00 extension overhead at 28.00... If not on this rally, the 3rd subwave could certain stretch there or higher! There is no strong sign that this pullback is over, so we may still dip lower in EOS. However, if you've got moxy, it may be a great time to buy EOS. And if you're not sure but would like to get in on the action, dollar-cost averaging (DCA) is highly recommended. So far, we have a micro 1-2 possibly in place but will need to see more bullish action to convince us that there won't be a lower low. BTC and ETH, meanwhile, have had much more vigorous and convincing bounce-backs since the crash. Bigger picture, wherever EOS tops, it would likely coincide with the MAJOR top for Bitcoin and Ethereum. While BTC and ETH will likely crash really hard, the altcoins may only pull back correctively into a lower-degree Wave-2, which could set us up for astronomical returns farther out in time. We may get many months to load up on EOS and other altcoins whose 3rd wave rally may coincide with a bear-market rally within BTC and ETH (a B-wave rally during the major 2nd wave). 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
BINANCE:EOSUSDLong
by Critique-al-Thinker
EOS price analysis EOS loses 13 percent in price after the latest crypto recession EOS records one of the biggest declines over the past 24 hours after losing 13 percent in price Trading volume fell 35 percent as the price moved below the 50-day EMA The Crypto market recedes into another mass-scale dip EOS price analysis over the past 24 hours shows one of the biggest declines in the market for the token. Price fell more than 13 percent on the day, moving as low as $3.28. In doing so, EOS also fell below its crucial 50-day Exponential Moving Average (EMA), which suggests that a significant bearish outlook is on the cards. The extent of the decline was also seen in the trading volume for EOS that fell more than 35 percent over the last 24 hours, indicating the formation of a stagnant market. The larger cryptocurrency market fell into yet another large-scale dip, the third already for this month. Bitcoin dropped more than 6 percent, sitting at $47,600, whereas Ethereum dropped 7 percent to find itself just above the $4,000 mark. Major Altcoins showed the biggest dips, led by LUNA (8 percent), and Cardano, Solana, and Litecoin receding 7 percent each. EOS took the biggest losses on the day with its 13 percent decline.
BITFINEX:EOSUSD
by BernardMikhail1
1
EOSBTC Technical Analysis💎 EOSBTC has broken above the descending channel. After breaking out above the resistance and the channel it has done the retest. After the retest it can continue the Bullish move. 🌐 Tradingview 💵 Invest Only 5% of your Portfolio 🎳 Entry/Pullback now or from 0.0000691 - 0.0000654 ☕️ TP1 0.0000749 🍺 TP2 0.0000810 🍻 TP3 0.0000878 🍾 TP4 0.0000952 🍷 TP5 0.0001028 🍸 TP6 0.0001100 🍹 TP7 🎁 TP8 🚫 SL 0.0000650 - 0.0000585 Good Luck 🎲 Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
Long
by Fibonacci-Signals
2
Binance: EOS buy / long 1DBinance: EOS buy / long 1D Entry: 3,5 SL: 1D close below 2,5 TP: 6 TP2: 14 EOS price today is $3.80 with a 24-hour trading volume of $573,727,156. EOS price is down -3.4% in the last 24 hours. It has a circulating supply of 980 Million EOS coins and a total supply of ∞ EOS is a platform that’s designed to allow developers to build decentralized apps (otherwise known as DApps for short.) 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.
Long
by Tran_Tri_Tai
1
EOSUSDT Technical Analysis💎 EOSUSDT has formed a descending triangle. It has got rejected from a major support. After the breakout we can expect more bullish move 🌐 Tradingview 💵 Invest Only 5% of your Portfolio 🎳 Entry/Pullback now or from 4.296 - 4.111 ☕️ TP1 4.524 🍺 TP2 4.863 🍻 TP3 5.320 🍾 TP4 5.748 🍷 TP5 6.149 🍸 TP6 6.500 🍹 TP7 🎁 TP8 🚫 SL 4.111 - 3.921 Good Luck 🎲 Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
Long
by Fibonacci-Signals