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EOSBTC

Bitcoin Has Lost Dominance, But Only TemporarilyHello traders! Today we will talk about Bitcoin, its dominance and ALTcoins. For the beginning we want to point out that most of cryptocurrencies, even some of ALTs nicely and strongly recovered in the start of 2020, which can be easily a signal for the bottom and a reversal into a bullish mode again, but only against the USD pairs (XXX/USD). However, as you can see, the major Crypto BTCUSD is not so strong. It's actually rising, but in a much slower pace than some of ALTs and that's what we are going to talk about today. It's all about dominance in the Crypto market, sometimes BTC is the leader, sometimes ALTs and this can be clearly seen in the BTC dominance chart, which is telling us where XXX/BTC cross pairs can be headed, but of course not all of them. So, we want to to show you how this look like from Elliott Wave perspective. In the first chart above we can see that BTC is losing dominance since September of 2019, but according to the EW corrective a-b-c structure, this may come to an end soon. We are tracking a regular flat correction in wave 4, so seems like the final move up for wave 5 is still missing. If we take a look at the examples below, ETHBTC can be also trading in a corrective a-b-c-d-e triangle pattern, so once BTC dominance returns, and once it fully completes a bearish triangle, this is when we can expect a break into new lows for the final wave 5. It's very similar with EOSBTC, the only difference is that EOS is currently stronger than ETH, which means that EOS made a bigger recovery against the BTC, but it also looks an a-b-c corrective rally in wave 4, especially because of a triangle in wave »b«, so don't be surprised if EOSBTC faces limited upside around the 0.00048 resistance area. All what we want to say is that yes, most of Cryptos is turning bullish, but be very careful with cross pairs against the BTC (XXX/BTC), because most of these ones may not have reached the bottom yet, especially those which are still trading near the lows like ETHBTC and EOSBTC, while the other ones that made a bigger recovery, may just face a deeper corrective decline. Be humble and trade smart! If you like what we do, then please like and share the idea. Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
CRYPTOCAP:BTC.DEducation
by ew-forecast
4
#EOS/USD Very Bullish 6 month Resistance Broken.!!I am really very happy with all your responses guys. Thank you so much for your support. For the very first idea that i posted I got 840 views :) That's massive. I couldn't be more happy. Just posted 16 ideas and getting over 5k views!! That's massive, keep supporting and motivating me. I'll keep posting my research and my own trades for FREE.. Let's come back to this chart. EOS/USD Chart seems very bullish at the moment. The Orange Line shows the Long term resistance which has been broken in this daily chart. Which is a very bullish sign. EOS is also trading above the 50D MA which is agin another bullish signal. The thin Red dotted lines are the Resistances which can be taken as the potential Targets for the upcoming rallies. I believe we're good to gp now. All we need is a healthy retracement. The price seems to be moving in an upward channel making Higher Highs. If this idea gets invalidated in any case I'll let you know. Keep supporting and following me. #Peace
BITFINEX:EOSUSDLong
by Cryptorphic
Bots / Algo / Whales & Miners Controlling Market | EOS AnalysisHere we have a different chart... This EOS chart threw me off, it was hard to read at first as it is a completely new chart for me. You see, these numbers and laters on the screen /"pairs", Altcoins or whatever they are, all basically move in exactly the same way with just a few variations. We have bots/algorithms controlling different parts of the movements and depending on which bots are affecting which token/altcoin project pair at any given time, that is what will decide how the chart will be drawn. So depending on the strength of the project, the team or the pull it has, just to pick a few of the factors that affect the chart, the chart will be drawn differently. I think there are around 5 major algorithms controlling the market and many other individual custom made ones interacting with them, as well as the public. Now that I think about it... These bots/whales/groups/algo/etc. can be miners as well for all we know... That doesn't really matter... We buy when prices are down, to sell when everything is green and up. So all the technicalities are just entertainment if you can here like me for work. We look for the charts with the lowest risks, aiming always first to win above all... Once you get used to the feeling of winning, you can decide if you want to sell at 20%, 30% or more. The trick is to get used to selling, securing/collecting profits. Because if you don't sell, everything will be gone when the market goes low. Buy when the prices are low. Sell when prices are moving up. EOS Chart Analysis We have EOS Token (EOSBTC) trading at support levels, consolidating sideways. This consolidation can lead to another drop or a move up. Which one will it be? Signals MA200 dropping fast with momentum is my signal that EOSBTC has good chances to move up. Each time we see MA200 (black line) behaving this way, prices tend to pull towards the Moving Average line indicator. Let's see how it goes. Even with all this information, we still remain open to all scenarios and always have a plan before we trade. Example If prices go lower we stop the trade at xxx price. If prices start to move higher, this is where I sell and collect profits. Enjoyed the content? Feel free to hit LIKE to show your support. This is Alan Masters. Namaste.
Education
by AlanSantana
7
EOS Starts To Gain Momentum, Huge Jump Ahead | 90%+ PossibleThe EOS (EOSBTC) chart is preparing for a massive jump. We have 5 consecutive green candles with low volume to break above EMA10 and EMA50, telling us that the break below EMA10 back on the 17-Dec. was a fake breakdown. With a strong RSI and flat MACD, this setup is perfect for a strong impulse move... Some barriers need to be taken out first. The black trendlines clearly depict how EOSBTC has been moving. Consolidation can happen within this range and any break above or below will lead to a strong move. My view EOS Is preparing to grow big time. Take a look at this chart EOSH20: Feel free to leave a comment if you have something to share with us. Thanks a lot for reading. Namaste.
Long
by AlanSantana
4
EOSBTC, EOS - Bitcoin: Rectangle ready to breakoutBINANCE:EOSBTC On EOSBTC we notice a clear rectangle in which the price has been in this range for 5 months now. We think the EOS blockchain is interesting, thanks to its DPoS protocol, even if between the two considered cryptocurrencies we remain more and more Long on BTC, because it has a history, better fundamental criteria and a greater interest from the mainstream, and we also consider it extremely decentralized. In this case, if we had EOS in our portfolio, we believe that with an upward breakout we would reduce the allocation on BTC in exchange for EOS viceversa with a downward breakout. Good trading, everybody!
by SwissTradingSchool
EOSUSD Bullish Breakout ChartEOSUSD Now current Market price is $3.04 USD. What TA Says..? first we talk about Technical Analysis. According to Technical Analysis EOSUSD Breakout Confirmed at 05 January 2020. After breakout it went upto 15%. and also Retest also done and 50 MA support is very Strong at Retest zone. and after 188 Days Its broke out 188 Days Resistance and now Trading above the Resistance. Buy zone: Now we can expect small dip possible but we can accumulate every Dip Best Buy zone is $2.7-$3.00 USD. Sell Target: sell Target is Depend on You mean you are long player or Short Term player. If long term Player then this is Mind blowing Opportunity to buy more and more EOSUSD. and Targets are TP1: $3.28 TP2: $3.70 TP3: $4.18 TP4: $4.65 TP5: $20 Note: TP5 is Only Long term Investors. I am also Long Term Investor of EOSUSD. If you are happy with our Analysis then please Like and Share our IDEAS and also follow me on Twitterrr. Thank you for You love and appreciations.
BITFINEX:EOSUSDLong
by CryptoPatel
EOS Token (EOSH20) | One Signal Is Enough... Or Isn't...The yellow circled candle... That's the signal. This is supposed to mean that prices are going higher... But one signal is never enough, for us, to make any buy/sell decisions, so we look for other signals to support this one. We can see the MACD and RSI curving but prices for EOSH20 are still below EMA10 (green line). The circled candle is a reversal signal but for me/us, it is only confirmed once EMA10 (0.0003475) has been conquered. If prices close above EMA10 with good strength and volume, then we can say that EOS Token retrace is over and prices will resume going higher. Namaste.
E
by AlanSantana