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EOS

EOS, Bullish-Triangle-Breakout Completes When This Happens!Hello, Welcome to this analysis about EOS and its 4-hour timeframe perspectives. EOS as I discovered in recent times has emerged with some interesting formational structures that are worthwhile to look at. Within these times the divergence between certain cryptocurrencies in terms of amplitude, formation structure, and volatility potential increases more and more. This is why it is highly necessary to properly distinguish the individual cryptocurrencies to rightly approach the different types. As I detected with EOS it is forming a formation that can convert into great potentials when EOS shows up with the right price-actions, therefore I discovered all the important levels and upcoming determinations we should consider. As when looking at my chart we can watch there how EOS is forming this main ascending-triangle-formation marked in orange and consisting of the ascending-trend-line and the upper horizontal trend-line which is also resistance at the moment. Within this ascending-triangle-formation EOS has the coherent wave-count with the waves A and B already completed, now as EOS approaches the upper-boundary-resistance again this is the main resistance from where a pullback is likely which will then be a part of the wave C to the downside completing the wave-count within the ascending-triangle-formation. What comes then will be crucial as EOS will approach the confirmational-bounce-cluster this is an important cluster to hold because otherwise when this does not happen EOS will increase bearishness below and invalidate the triangle however when it happens and EOS properly bounces to complete the wave-count and continue bullishly this will lead to a completion of the whole formation with a breakout above the upper-boundary and once this is done EOS will activate upside-targets. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! Information provided is only educational and should not be used to take action in the markets.
COINBASE:EOSUSD
by VincePrince
10
EOS W Formation SpottedHello and welcome to my post ! EOS is in a strong uptrend at the moment because of that patterns as the W are higly probable to be profitable. We found strong resistance at 0.236 fib in our first hit and now we are on the neckline (5.685$) of the W pattern waiting to see a break. W patterns have a tendency to break, make a run and crash down to liquadate a lot of people and after that continue higher. Because of that proper risk managment and position managment are a must. First Target: 6.5$ Second Target: 6.750$ Indicators: (RSI,SRSI,CIDI) The upside momentum of the indicators are strong and bullish for the moment. Don't forget to protect yourself with proper Risk Management also the information provided is only educational. Feel free to ask anything in the comments or send me a message ! Thank you for reading my post,if you liked the idea you can support with a like and a follow have a great day !
BYBIT:EOSUSD.P
by AM.98
4
PP + RSI alert for EOSUSDTEOSUSDT PP + RSI ALERTS SL: 4.7131 TP: 5.9433 - This is my analysis for EOSUSDT using rsi alerts , a lot of poepole asking about why EOS is not pumping. - On the chart we can see a rounding bottom or cap and handle formation, which is bullish . - After a rectangle consolidaton, the price started with an Impulse Elliott wave . - First target 1:1 / below all time high. - RSI is ready and volume favors bulls. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
Long
by GerradFletcher
2
EOS Breaking Out Towards 6.50Trend Analysis The main view of this trade idea is on the 2-Hour Chart. The crypto currency EOS appears to be breaking out of the downward trendline of the symmetrical triangle (highlighted in red). This breakout is expected to take the cryptocurrency towards the 6.5 price level. This view will be negated by a close below the low of the pullback at around the 4.5 price level. Technical Indicators The breakout from the downward trendline are supported by 3 technical indicators: the 200-SMA, the Awesome Oscillator (AO) and the MACD. Currently EOS is trading above its long term MA and the AO is green and above 0. Also the MACD recently had a positive crossover. A change in trend will be seen if EOS were to decline below the 200-SMA and the AO turns negative. Recommendation The recommendation will be to go long at market. Stop loss will be set around the 4.5 price level with a target of 6.50. This produces a risk reward ratio of 1.15. Disclaimer The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time publishing, I have a position in EOS.
BITFINEX:EOSUSDLong
by Ceddy86
EOS - Showing room for growthHey everyone, Today, I'll share the fact that EOS is showing lots of room for growth and medium to long term holding. It's currently far from it's old All Time High at 21$ in 2018 (not shown in the chart) and broke to the upside from the descending triangle. I personally believe that EOS is undervalued! Why? Because EOS is a platform that’s designed to allow developers to build decentralized apps. Recently, there was some bullish news! The cryptocurrency exchange Bullish is set to go public at a $9 billion valuation through a merger with a special purpose acquisition company (Spac). What does this news have with EOS? Well, the exchange will be using EOS Public Blockchain to produce a cryptographically validated, provable, and immutable audit trail of all transactions processed on the platform. Therefore, both the chart and the fundamentals show strength and I believe this is ready to go high! Yours truly, Aloo2k
Long
by aloo2k
3
EOS about to break out! Here's a quick look at EOS 6 hr chart. As we can see, the price has printed a symmetrical triangle and is very close to breaking to the upside! The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart. Targets: 1. 5.94$ 2. 6.19$ 3. 6.6$ - Profits can also be taken in the resistance zone . ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
2
EOS EOSUSD - Rounding bottom + NEW ATH soon!- This is my analysis for EOS , a lot of poepole asking about why EOS is not pumping. - On the chart we can see a rounding bottom or cap and handle formation, which is bullish . - After a rectangle consolidaton, the price started with an Impulse Elliott wave . - First target 1:1 / below all time high. - RSI is ready and volume favors bulls. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
BITFINEX:EOSUSDLong
by UnknownUnicorn2537518
7