EOSUSDT Approaches Key Resistance – Big Rally Ahead!EOSUSDT Technical analysis update
BINANCE:EOSUSDT has been trading within a descending channel for the past 930 days. The price is now approaching the channel's resistance and is trading above the 100 EMA on the weekly chart. A rise in volume near the resistance line indicates growing momentum. Once a breakout is confirmed on the weekly chart, we can anticipate a bullish move of 200-400%.
EOSBTC
#EOS/USDT#EOS
The price is moving in a descending channel on a 1-day frame and is sticking to it very well and is about to break upwards
We have a bounce from the lower limit of the channel at a price of 0.4400
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.5000
First target 0.5514
Second target 0.5800
Third target 0.6160
#EOS/USDT#EOS
The price is moving in a descending channel on the 1-hour frame and we are about to break it
We have a bounce from a major support area in green at 0.5050
We have a downtrend on the RSI indicator that has been broken upwards
We have a trend to stabilize above the 100 moving average, which supports the rise
Entry price 0.5400
First target 0.5690
Second target 0.5950
Third target 0.6250
#EOS/USDT#EOS
The price has been moving in a descending triangle since July 2022
The price has just broken the downtrend and is about to break out.
To break through Moving Average 100
Current price 0.73 $.
First goal 1.31 $
Second goal 1.87 $
Which represents 300% of the current price.
We notice a strong oversold presence on the MACD.
There is also upward momentum supported by the market’s rise in recent days.
The moving average is about to be breached, which will contribute to the currency's upward momentum.
Correction points must be taken into account.
EOS LOOKS BULLISHIt looks like a canter triangle is finished.
From the green range, it can move towards the target.
The targets are clear on the chart
Closing a daily candle below the invalidation level will cause an analytical violation.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#EOS/USDT
#EOS
The price is confined to a descending channel, respecting its borders, and rebounding from it more than once
Finally, the price began to breach the boundaries of that channel and breach the Moving Average 100 at the same time
At the current price 0.631
Targeting the following levels as goals
The first 0.957
The second 1.292
With significant oversold saturation
EOS LOOKS BULLISHIas seems to be inside a diamond diametric that is about to start a bullish wave E.
This diametric started from the place where we entered "start" on the chart.
By maintaining the green range, it can move towards the red range
Closing a 4-hour candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
EOS to over 50usd price targetTextbook - bullish butterfly harmonic pattern. EOS price target over 50 usd, in best case of scenario.
What may boost price growth:
1. Huge upgrades coming in 2024
2. Recently launched RAM core token to empower EOS ecosystem, a highly scarce token that takes EOS out of circulation.
3. Recently launched stable coins platform, issuance would require taking EOS out of circulation.
Full-fledged uptrend begins: above 1.870Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(EOSUSDT chart)
The biggest drawback of EOS is that it failed to expand the coin ecosystem.
If the existing community is functioning properly, I think there is a possibility of maintaining the current coin ecosystem.
However, since it is unlikely that additional tokens will be issued to networks that fail to expand the coin ecosystem, it is expected that the coin ecosystem will gradually decrease.
It is necessary to confirm whether there are any moves by the foundation to expand the EOS coin ecosystem in the future.
(1M charts)
In order to see a full-fledged upward trend, I think the price must rise above the MS-Signal indicator and maintain the price.
However, since the currently formed box range is between 1.870 and 40169, the key is whether it can rise above 1.870 unless the box range is formed again.
(1W chart)
In order to rise from the bottom, the price needs to rise above at least 1.331 and hold there.
Accordingly, the key is whether it can receive support above 0.842 and rise above 1.003.
(1D chart)
From a short-term perspective (1D), a volume profile section is formed at point 1.1.
Accordingly, the key is whether the price can be maintained by rising above 1.003-1.1.
As explained in the 1M chart, it is expected that it will completely break out of the bottom zone only if it rises above the 1.870 point, and there is a possibility that a full-fledged upward trend will begin.
If it falls below 0.763, there is a high possibility of entering the bottom again, so caution is required when trading.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
EOS/BTC - EOS: Trend_Reversal◳◱ An intriguing development has unfolded on the NYSE:EOS / CRYPTOCAP:BTC chart as we've identified a compelling Trend Reversal. This shift in price dynamics indicates a noteworthy potential trend change. It's crucial for us to pay attention to the next resistance levels located at 0.00001996 | 0.0000212 | 0.00002325 and the significant support levels found at 0.00001791 | 0.0000171 | 0.00001505. Taking these factors into consideration, it may be prudent to contemplate entering a buy position at the current price of 0.0000184, allowing us to take advantage of the projected trend continuation.
Let's keep a watchful eye on this exciting opportunity and stay proactive in our trading strategies.
◰◲ General info :
▣ Name: EOS
▣ Rank: 60
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Bittrex
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: EOS is an open-source protocol designed by Dan Larimer and Block.one to support the creation of smart contracts and decentralized applications (dApps). Its network features a delegated Proof-of-Stake (DPoS) consensus mechanism to help secure the platform while giving it a level of performance desirable for running applications. Through DPoS, EOS offers greater scalability and transaction throughput than traditional blockchain networks, but to a certain extent, it relinquishes complete decentralization and censorship resistance.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0000184 ₿
▣ 24HVol: 20.200 ₿
▣ 24H Chng: 5.203%
▣ 7-Days Chng: 12.65%
▣ 1-Month Chng: 10.41%
▣ 3-Months Chng: -16.26%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001996 | 0.0000212 | 0.00002325
◢ Support: 0.00001791 | 0.0000171 | 0.00001505
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary : NEUTRAL
◲◰ Sharpe Ratios :
▣ Last 30D: -23.62
▣ Last 90D: -17.04
▣ Last 1-Y: -15.20
▣ Last 3-Y: -16.03
◲◰ Volatility :
▣ Last 30D: 0.26
▣ Last 90D: 0.46
▣ Last 1-Y: 0.65
▣ Last 3-Y: 0.90
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.66 - Bullish
▣ Reddit sentiment score is 0.97 - V. Bullish
▣ In-depth EOSBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
EOS/BTC - EOS: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the NYSE:EOS / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00003446 | 0.00003535 | 0.00003748, and the major support zones can be found at 0.00003233 | 0.00003109 | 0.00002896. Consider entering at the current price zone of 0.00003351 and targeting higher levels.
◰◲ General info :
▣ Name: EOS
▣ Rank: 46
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Poloniex, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: EOS is an open-source protocol designed by Dan Larimer and Block.one to support the creation of smart contracts and decentralized applications (dApps). Its network features a delegated Proof-of-Stake (DPoS) consensus mechanism to help secure the platform while giving it a level of performance desirable for running applications. Through DPoS, EOS offers greater scalability and transaction throughput than traditional blockchain networks, but to a certain extent, it relinquishes complete decentralization and censorship resistance.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00003351 ₿
▣ 24HVol: 15.304 ₿
▣ 24H Chng: 1.453%
▣ 7-Days Chng: 0.37%
▣ 1-Month Chng: -3.69%
▣ 3-Months Chng: -15.36%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00003446 | 0.00003535 | 0.00003748
◢ Support: 0.00003233 | 0.00003109 | 0.00002896
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -1.57
▣ Last 90D: -1.24
▣ Last 1-Y: -0.08
▣ Last 3-Y: 0.19
◲◰ Volatility :
▣ Last 30D: 0.52
▣ Last 90D: 0.59
▣ Last 1-Y: 0.82
▣ Last 3-Y: 1.12
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.66 - Bullish
▣ Reddit sentiment score is 0.70 - Bullish
▣ In-depth EOSBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
EOS CAN MAKE A CORRECTIONHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the EOS symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
EOS seems to be bullishHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the EOS symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
✳️ EOS Bullish Potential After Bear Market (Think Long-Term)This is another interesting chart.
There is no need to be right.
There is no guessing, no predictions.
There exist those of us who use Cryptocurrencies.
There are some of us who live Crypto.
Some of us trade Altcoins.
Spotting the bottom can be life changing.
One single trade can change your life.
When buying at the top, excitement, euphoria, they will tell you "think long-term".
People take it as great advice and wait for years just to give up at the bottom and buy again when prices start rising, losing tons along the way.
I said no.
Buy red, low, near support... If that doesn't work, think long-term.
After years of bearish action, there is no way to go wrong.
You can wait 1, 2, 3 or even 6 months... But you won't be waiting 2-3 years, that's for sure.
EOSBTC has been dropping since April 2018, the All-Time High, that's 5 years ago:
... I'll leave the rest for another day.
Namaste.