Resurrection of a Giant? EOS showing signs!BINANCE:EOSBTC
What to say about EOS? I think everybody that has somehow followed EOS´s development from time to time knows that he/she actually doesn´t know anything about what is going to happen with this project.
Some might think they know, but lets be honest. WE DO NOT KNOW!
The very same dilemma can be seen in the Chart structure.
EOS still suffers from a 3,5 year downtrend and has been on a flat line ever since 1 year (more or less).
Looking at the weekly chart we can assume the bottom is in (never say never!)
The upside potential is greater than the downside.
Getting back to the old Fib line of 0.23 means a massive 470%, which I think is very possible.
By the end of 2022 I can even see a 1000% upside move as a potential.
Needless to say that positive/negative news about EOS will strongly influence price movement.
Main reason for this is that EOS is not trending at all right now. And in order to give it a proper pump we need people as this is no small cap coin.
Lets see what will happen in the end, EOS is definetely on my watch list.
Enjoy and protect your capital.
Best Regards,
Thatwalletguy
PS. No financial advice, do your own research
Eosbtcbullish
EOS/BTC Long (Long-term and Safe)If you want more BTC in the future, it's a good opportunity for you.
We are in the lowest level of the weekly support.
You can see the resistance levels on the chart.
You can enter in the current price and set different take profits step by step in each level.
It's takes time to reach the top levels but it could be happen.
* This is not a financial advice
Eos as slow as everEos really doesn't have the pump potential to get over the 6 dollar mark at the moment as it is currently does not have enough buying pressure to sustain it through a bullish channel, it has few big investors that actually wish for it to succeed and sort of use it as a long term scalping tool,therefore its volalitlity is actually rather low, and its possibility for big gains are small in the short term,
but over a 1-2year period this project will eventually establish itself as one of the strongest cryptocurrencies on the market and its true investors will reap the rewards of buying in at such a small price.aka from 2.50-3.0 region
for short term the price will eventually gain enough momentuem within 6 months to get over the 6 dollar hurdle and will possiblly be bought it later this year by bigger centralized oreintated companies which could yield some pump potential.
as for technicals macd is going to form a golden cross -which will get it back in the bullish channel and above a rising support
Support has been steadily building around the 3.0 mark
tested the bottom of the bullish channel and bounced but with not much conviciton indicating sideways action but more realistically downwards momentum
Sucker punch for the bearsBears have really been trying to blow out this bullish channel but the support trend seems to be nice place for bear traps.
ADL is indicating that the bears are losing strength along with MACD forming nicely alongside CRSI being oversold ,which means EOS as a whole may be coming to the end of its overall decline.
rally volume and momentum is still very strong with large accumulation phases increasing the potential of upcoming volatility for the bull.
Price prediciton 3.0 by October 22nd
EOS/USD is in a HUGE BULLISH FALLING WEDGE! BIG GAINS COMING!EOS/USD is in a HUGE BULLISH FALLING WEDGE! BIG GAINS COMING!
This is a very large falling wedge, very bullish.
Even more bullish is that the price action is retesting the upper trend line of the wedge.
Hold for a few weeks, may need to stomach large dips..
BIG GAINS COMING!!
Trade safe my friends...
BITFINEX:EOSUSD
EOS.USDT and BTC (Y20.P3.E1).Potential big opportunityThis is to correct the previous post title error below.
Click on the post for further details >
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The EOS.BTC daily chart
5 min. chart that made me enter around $3.39
EOS in GREEN ( MACD DIVERGENCE )Confirmation 1: EOS Bullish Divergence on a weekly time frame. Coming weeks 30% bull run.
Confirmation 2: Tested the monthly level at 2479 which is strong support.
confirmation 3: Look at the Triangle Wedge, The upper line of the wedge has been tested and respected 5 times. The Red candle is testing the wedge by wicking at the edge of the wedge.
We may see a test at 3148. Exit the trade before 3148, because it is the monthly resistance which is going to be tested. We may see some retracement, if on the first touch the monthly level is broken EOS may test weekly level at 3552.
In Short, 20 to 25 % rise in coming weeks.
If 3148 is broken, then more 10 percent rise is expected.
Trade safe.
Good luck.
And Ignore my typing mistakes please.
Thanks.
God bless you all.
EOSBTC FINALLY STARTING TO REVERSE? After a 53% drop in price since mid Feb EOSBTC is finally starting to show signs of reversing from its non-stop downtrend, what comes down must go up.
On the 4HR TF we are seeing a Sym triangle forming with potential bullish play to the upside if broken & retested triangle as support, this is currently supported by
a change in market structure, from consistent LH/LL's to now forming a HL & potentially a HH this could be the deciding factor for EOSBTC in the coming few days.
Short term bullish play;
Would need to see a clean break of upper trendline in Sym triangle broken then re-tested as support, with short term TP at 2895 on previous high structure.
Long term bullish play;
Once HH structure has been set in stone, will be looking to take long positions on the next HL pullback. If bullish momentum does play out I will be updating this chart
with my entry positions, SL's & TP's so stay tuned !
LEARN TA! At MBA we teach technical analysis from the basics up, learn to trade with our veteran traders with a community of 200+ other traders;
Link in profile description!
EOS kickin ass & chewin bubble gum...and it’s all out of gum!
Published on mobile -- edited on web client sorry if chart came out distorted; check comment for re-posted intended/accurate chart
Green lines represent TP 1-3
Blue line is S2/Pivot
Timeframe: Short-Mid
Volatility: high asf
Risk/Reward: 45/55
Disclaimer
Note: This is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP, SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form.
Certain information set forth in this presentation contains “forward-looking information”, including “future oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; ( iii ) the expected development of the Company’s business, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; ( vi ) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; ( vi ) renewal of the Company’s current customer, supplier and other material agreements; and ( vii ) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
Peace & LOVE
Happy Sunday!
-@a1mtarabichi
Where Are The EOS Bulls At? - Breakout Is ImminentTwo charts that explain why I'm super bullish on EOS/BTC
1)
- The EOS price has broken out above 40k satoshis on January 14, and the rally lasted until February 14. Since then, the price has returned and avlidated the breakout level. This is a very common movement that leads to another upward move the majority of the cases.
- In addition, there is even more support given by the 200-day MA. The price has reached it twice and created long lower wicks each time - another bullish sign.
2)
- The 6-hour chart is also bullish and shows a descending wedge that has been created (bullish reversal pattern).
- In addition, the RSI has generated significant bullish divergence throughout this pattern.
- All of this is happening inside a crucial support area, so a breakout feels at hand.
- The first & second targets are at 46,000 & 53,000 satoshis.
Actively Buying The Dip In EOS !!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 shaking out the impatient. The breakout took place at the end of last year which we traded:
The auxiliary troops from BTC have been brought over into EOS and other major Cryptos, those sharp enough last year who smelt the trend changing before mainstream media are rewarded favourable, while late money struggles to get to grips with the environment we are trading.
Chasing a fleeing enemy:
Buyers had the favourable end game here, their break obliged retail to concede fomo moves and hence the shakeouts. At an advanced stage in the swing, specifically when a fast hand is important, the process of squeezing can be seen from quite a similar angle:
This brings to an end the chapters on our EOR swing; in conclusion there have been some great opportunities to ride the pig, and a schematic illustration of how to cover and fade exhaustion.
Good luck all those buying dips in EOS and BTC next week, don't forget to keep the likes, and comments rolling!!
EOSBTC Potential 36% LONG Team, I've got my eye on this trade if we can break above current resistance.
REMEMBER - we need to close up above resistance before this trade is active, otherwise there is a risk of rejection and breakdown.
Setup Details:
ENTRY - 0.0005001
SL - 0.0004682
TP1 - 0.0005544
TP2 - 0.0006124
TP3 - 0.0006858
Take Profit Goal - 36.83%
Stop Loss - 6.38%
Risk : Reward = 1 : 5.77
I'd recommend setting alerts on TradingView and checking the TA once they go off. I wouldn't run a buy stop just because its a risky supply zone and we want confirmation of clearance.
I'll be posting more ideas on my account here, so if you are interested please follow. I'm also happy to chart up recommendations.
Thanks
$EOS reclaimed our support and rally!As we have outlined last week in $EOS two longs strategies as follows:
"
Longs play:
- Conservative long: We can see monthly resistance at $2.6, once this level will be reclaimed, you can look for longs and the target would be $3.2 and $5.5.
- Entry long around $2.57-$2.61, the target would be $3-3.4
"
From both strategies, you are at +6-8% in profits. You can take 40% here and I am still expecting the price to reach our areas of interest, which is another +10-15% from here to $3.0-3.2. __________________________________________________________________________________________________________________
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