EOS Double Bottom in the makingIf we see a bull flag form the coming hours as you can see on the right, than it will become very likely that it makes another jump up, with a target around 7.0ish. The flag really needs to hold, otherwise it can become another lower high.
Similar a bit to btc staying above the 7750ish and form a bull flag as well. There are more alts that have a similar shape as this one.
EOSBTC
EOSBTC looking for the reversal (Short Term)Following up from previous EOS TA, a possible reversal to the upside may be in play
Opportunity spotted, looking for a breakout to the upside from most immediate overhead resistance on the 50MA (in green).
Clear 3x instance RSI divergence (high highs on RSI, lower lows on Price) indicative of a reversal pattern - compare this against the longer time lines.
Target range from 0.00088000 - 0.00090000 range (38-50% Fib levels)
Will need a to look out for a clear DI crossover with sustained ADX momentum to confirm this move.
This is quite a drastic pullback from the last breakout so risk/reward ratios are quite favourable :)
I'll Say It Again...EOS Is Extremely BullishI don't actually own any EOS at the present time, so I can generally be unbiased here. A lot of people hate this thing with a passion. People tend to hate things that few people seem to believe in, yet continue to do well. Power amassed by a small group creates envy and anger. The thing is, apparently a lot of people do believe in this project. EOS is one of the few newer altcoins to sustain much of its price appreciation from the 2017 blow-off. A lot of people are probably pissed that they missed out on the run from $0.50 to $20+ simply because they didn't like the project, as they watched the coins they love stagnate or drop to new lows. Anyway, my last EOS analysis had it dropping to test the 7500 support against Bitcoin (which it has done). I went back on that call initially, but it actually ended up playing out. I suppose I could've also used it to forecast the massive altcoin selloff against Bitcoin. Oh well.
My first EOS analysis had it doing better against Bitcoin in the mid-term, but this didn't happen. I did manage to call the exact bottom after it broke down, however. Links to those posts are at bottom. Bitcoin has still outperformed many top cryptos of late. For this reason, I'm using the USD charts a lot more often.
In any case, EOS could be painting a long term bullish channel. The top of this channel is currently above $30, but during the last bull cycle, it actually popped above it. If this happened again, we could see $50-60 EOS in the not so distant future. Even $75-100 is possible (not enough room on this graph). That's IF we're about to see a major crypto-wide bull run. The first step would be for EOS to break the next diagonal resistance (around $9.50). We're pretty close right now. Otherwise, if the market experiences a failure, it could head down to the bottom of the ascending channel.
This is for speculative purposes only and is not financial advice.
-Victor Cobra
EOS ghost feed price prediction back to 8.50 USDbased on the ascending channel that EOS is creating along with it being the biggest loser of the day vs the US dollar, EOS is due for a rebound into another BART pattern upwards. See my ghost feed for an estimate price on the timeline on the 4hr chart. Buy the Dip now
EOS/BTC OutlookEOS look good. regain back into 200 + 50 + 21 EMA and it appear also "golden cross" is imminent in 1 day chart. Keep in mind there's no significant buy volume appear as for now to confirm it will be a huge bullish trend movement, yet.
indicator :
Macd : histogram show higher buy volume than a previous buy histogram which is bullish so far. MACD line also moving upward unto bullish area.
DMI :DMI+ above DMI- is bullish, but not a strong momentum is being build up yet as DMX still below 50/ less volatile .
Volume MA is slighty moving upward.
for short term.
Support 1 :84.511 satoshi
Support 2 : 73.385 satoshi
Resistance 1 : 102.512 satoshi
Resistance 2 : 113.639 satoshi
please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.
EOS/Bitcoin (31 May) #EOS $EOS #BTC $BTC#EOS/BTC (31 May)
#BUY #WAIT
EOS is having a lot of positive information and is moving to the top line of the Bearish Flag pattern. Target maybe up to 12400 but surely, EOS is not a coin to hold long-term at this time
Current price : 9135
Buyzone : Close to 8860 as possible
Sellzone : 9400-10300-11400-12400
Stoploss if price is lower than 8400
EOSBTC Breakout!Quick TA on EOS, we see a breakout from its wedge,
Target to look out for at 0.00100000 based on Fibonacci levels.
But hold your horses, we may see a pullback back to approx 0.00083000 before continuation.
ADX level to look out for is at 20, signalling momentum coming in.
RSI grossly overbought right now, so i would be patient.
EOSYou can see a great example of how the trend reverses and the beginning of a new cycle. after reaching the maximum, we fell for a very long time and after we reached the bottom and saw the first volumes of buyers, the accumulation zone began. I will say from my experience after the accumulation zone we will fly out with a large volume of large green candles upwards. Now we have formed a very beautiful bull triangle which we will soon break and fly. The first stop for me will be the $ 9.5 zone, but most likely we will not even notice this price and will be on the rocket even higher
$EOS Deciding what to do as its testing resistance at around 84k$EOS Deciding what to do as its testing resistance at around 84k sats...
Potential Bull pennant at the 2/4h charts...
My plan of action is to buy as resistance flips OR wait for a pullback...
Volume increasing & UCTS printed a buy signal on the 12h...
#EOS
EOS Project 2019, Phase 01, Edition 01, Buy zonesJust an observation on EOS performance and key markers.
What surprised me looking back and now at EOS, is its overall performance in price and pattern, is significantly positive. It is also very symmetrical and continues to be so.
The other is its gains over BTC (refer to the chart approx. 190% gain over USD and 80% gain over BTC at its peak)
Moving forward in this bull trend, it makes sense to buy EOS and BTC at certain times. Refer to the EOS\BTC pairing chart.
I don't have the time to make to much commentary, so to summaries what I see:
1) In a channel as per diagram and is now consolidating, downwards.
2) We has hit its highest point (end of wave 5) refer to previous post results)
3) Its going down as like BTC, as it consolidates to the GREEN box, Buy Zone.
4) The fib circles are still playing their part nicely. Orange ring the support ring.
5) The red line is the 200 Daily EMA and is heading upwards towards the green zone, on the way confirming if its a good level to buy.
20 EMA on the daily is still acting support.
6) BTC dominance is to still drop more. If one times it well, with the EOS/BTC pairing chart and the BTC dominance chart
in conjunction with the EOS Chart, one can maximize their holdings. Not easy to do.
7) EOS has a little more to drop against BTC before it hits the support line for a reversal. Need to keep an eye on this, going long.
8) RSI on the daily > 55% and dropping, indicating by form, to the down side.
9) MACD on the daily > indicating to the down side.
10) Daily volume average > dropping
EOS/BTC pairing chart: Self explanatory.
BTC dominance chart:
CME BTC chart: The theory goes, that the gaps have to be filled and hence the theory, BTC will drop in price to fill the gaps (red circle to how much it needs to drop)
Posts like this, even make it better:
twitter.com
Previous EOS posting:
eos/btc will go up now !hello friends according to my analysis eosbtc will go up because neo wave is indicating it and head and shoulder also …
please like this post and share with your friends .
FOLLOW ME FOR FUTURE ANALYSIS ON OTHER PAIRS :)
disclaimer : I could be wrong please take trade at your own risk .
EOS Token (EOSM19) Goes For Profits (55%+ ROE on 7X)We are looking at EOS Token on BitMEX, that's EOSM19 and a bullish set up is already in place, let me layout it for you... So please feel free to hit like to show your support.
Take a look at the chart above, what can you see?
We have a green candle breaking above EMA10 and EMA50, with increasing volume... quite bullish.
This is happening after a retrace took place and on a falling wedge, bullish pattern.
The RSI and MACD are both pointing up.
A low was hit and maintained through multiple attempts, yellow circles.
The setup is complete for a long trade.
Profits potential can vary here depending on your leverage, but if you want to see full trade details, buy-in, targets, stop-loss, and additional information, make sure to hit like/follow to show your interest/support, if enough people hit like, we will share the full trade.
Thanks a lot for reading.
This is Alan Masters.
This is not financial advice.
Namaste.