Get started

EOSBTC

You Don't Have to Love it to Long it - EOS! (EOSBTC)Hello Friends! Our last EOS analysis was just a bit of playing around with Fib Times, and an update on EOS was requested so I figured I would sit down and do a real analysis on it. As you can see, EOS is trying to establish itself with some ascending support, and a strong reaction from there in Nov/Dec 2018 resulted into an uptrend that carried us all the way to April of this year. Since then, EOS has been correcting and having bounced once off the 62% retracement, I think now it is looking to give one more opportunity to buy there, around 7000 - 7500 satoshi, before continuing upwards. The support here is pretty clear, so a stop loss can be easily defined by a break below the fib channel to which I've added the red sell box. If the bullish scenario plays out, hopefully EOS will see a reaction to the .886 or 100% fib time zone, and trend upwards to a breakout of the 50% fib resistance (red line under the buy box) The dotted line/arrow, is what I believe to be the most probably scenario. Either way, a breakout or breakdown is easily and clearly defined on EOS now, all we have to do is wait... So, you can either buy on a retouch of 62%, or on a breakout in the green box. Then, a stop loss can be set most likely a bit under 7,000 satoshi. Good luck traders!
Long
by vox-populi
EOS Ready to Break Out of Its Recent Slump?As anyone who has tried their hand at trading altcoins knows, it is a risky game. I usually try to avoid trading altcoins for this very reason... but some analysis of EOS' recent price movement has me tempted to pull the trigger. The month of June has been unkind to the coin. Looking at the second Enhanced Linear Regression Indicator, we can see that EOS price has been on a steady decline for the past 3 weeks and still is clocking in with a negative slope. While this downtrend won't be looked at favorably by EOS diehards (lol), wise investors may see it as an opportunity to accumulate the coin while its price remains low. The Profit Z Chart shows the price has fallen below the lower bound of Z-Scores, indicating the relatively low current price. The "K2" chart, which is based on a modified double CCI, shows the price is quickly approaching an oversold state. When the two blue area charts are under the red line and begin their upwards climb, we will know that we've reached an ideal entry point. Based on recent patterns, I think the optimal entry point will come in the next 48 hours when the price falls under the .000675 mark. Finally, the current vortex gives another hint that a positive reversal is approaching. With a large difference between the positive(teal) and negative(pink) trendlines, we can expect the VI+ line to reverse its course and begin its upwards climb. If all goes as expected, we should see the teal line rise above the pink, resulting in a bullish signal and rapid positive trend movement. Again, never been much of an altcoin fanatic, BUT this looks like a decent opportunity to enter a long position before EOS begins its recovery.
Long
by ProfitProgrammers
2
EOS/BTC UpdateOn 1 Day timeframe DMI , DMX(strenght momentum) is fallen sharply while dmi+(green line/bullish trend) below dmi- (red line/bearish trend) and still closing with each other indicate a bearish momentum is slight dominate over bullish trend with low strenght currently. MACD, macd line and signal line is get rejected back to bearish area although the seller histogram is decreasing it's strength and ready to switch into buyer histogram near future. This 'potential' symmetrical triangle will be invalidated once the price action by prolonged side ways movement. Peace
by MisterCatt
EOS/USD: EQ Breakout!EOS broke out of the previous Daily EQ range, yet again. As EOS is a high beta version of BTC, we definitely have the potential to move higher to the previous HL at 7,2 , if BTC also keeps going higher, with breaking the 9k next week towards 10k. We can perfectly see that EOS is basically doing everything of BTC, just more leveraged, as both the EOS/USD and EOS/BTC charts are identical: If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :) Edgy is providing trading metrics & online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
BITFINEX:EOSUSDLong
by Edgy_
2
$EOS, The Voice, Future.Resistance ~ 10k - 11k Support ~ 5.5k - 6k Enter ~ support lvl TP 1 ~ 10k TP 2 ~ 18k Well, I know that EOS is going to launch its own social network to be the competitor for Facebook and Twitter. I guess we just needs some time to see how the Voice will recruit the user base once the process of developing has been finalized to understand, has this social network something to compete with FB and TWTR. That why, I think the EOS price can go lower in the resent weeks, because it's too foggy right now. GL!
by MARKETKNOWS