EOS has quite the habit of shaking out soft hands by expanding volatility in large manoeuvres with smart longs covering (see diagram below) and then actively buying at cheaper levels. Buyers had some nice gains and this healthy profit taking was logical and I can see why a retest of $4.50 was justified: Although time-consuming, the operation is based on...
EOSBTC: saucer pattern Breakout.
EOSBTC shows lateral movement, in the inclined flag. First broke through the support line, a few weeks ago broke through several lines of downward resistance, but as a whole there is little sign of growth, EOS's corrective movement has still observed.
Eos having An almost perfect fibonaccian way of falling. Happy Tr4Ding !
Traders, Here we have EOSBTC 4H chart. After rally of this monster because of positive news and the team behind thi epic for a positive news helped to pull the market with so many legs now it's a determining point at 18000 sat levels with a heavy bear trend will lead us to know the straight directional moves for the next few days. Humble vision of mine tells...
not a financial advice but for educational purposes only as title says, although it probably would go in a straight line possible downward movements with little bounces since RSI is nearing oversold
Short Sell: 00179 Stop: 00189 Target: 00165 Term 3-4 days
This is a very tough question unless you are a long term holder of this. In my experience and doing a very simple T.A this coin is still in correction mode. Remember it was 5 dlls not long ago... now trading at 14 dlls... it is still very high. But with their mainnet launch coming in 20 days and counting it becomes a very irresistible idea to buy right now.....
EOS is on an uptrend, we'll be in this trade until our stop-loss or sell targets are reached. It is also a good hold, as it has good future Buy = Under 0.00190 Sell 1 = 0.00209 Sell 2 = 0.0022 Sell 3 = 0.0025 Stop-loss = 0.00159
the price has seen the summit and may begin to loosen. It can fall to 15-16 dolars. eosusd chart
As u can see this is a clear RSI divergence. In price we are having higher high, but on RSI we are having higher high and after that higher low. As u can see I catch u one more RSI divergence in past, on 24. april just to show u the price movement and similarity.
Short and let the market show you what its gonna do. Stop loss last high
EOS #EOS entry points. Ideally we would want to see it drop to the .618 and find support before it moons. If it doesn't drop that far then look for confirmed support on the .786. As it stands right now on the daily chart the .618 FIB and 50 day moving average are kissing. So in addition to the FIB, look for support at the 50 day moving average.
SHORT double confluence zone on 1.272