EOSBTC
$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!
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 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