EOSUSD: from a risky point to a good entry point?Hello guys,
following EOSUSD during these last days I'm convinced this could be at a good long entry point.
I know it's exactly the opposite I wrote one week ago but I did't expect all this resiliency against BTC. In fact, if we also analyze EOS against Bitcoin we realize how EOS is leaning on the 200 daily MA and this can facilitate rebound of price. So if we buy EOS at this level against USD or BTC, we have in both cases, small stop loss but interesting bullish target.
In case we buy EOSUSD stop loss must be set around 6.8 USD, with a potential loss of about 4.5% but with a possible first bullish target to around 7.75 USD or 8.6% of gain. In my opinion is a good risk/reward ratio.
Volume is not particularly exiting, but we also to consider volume of general market is particulaly low also due to the part of the year.
Indicators on both charts are set to support a possible bullish movement.
To sum up:
if we buy EOSUSD at 7.13 (current price)----> TP1 7.70/7.75 USD----> TP2 8.1/8.15 USD SL 6.8 USD
***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
Eosbtcbullish
EOS is very strong... Hello guys,
Yesterday EOSUSD pumped up with important volume due to the release of EOS's mainnet.
From a technical point of view this coin is very strong if compared to BTC, or ETH but after the
important soar of saturday it's near an important resistance area. As you can see from the chart,
prices are near to collide with $16 area which represents a strong rock to the climb.
Once this level will be broken prices can go towards historical high to $23.
This strongness is also underlined by indicators: especially CCI indicates a possible prosecution of rally.
***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
EOS: ICO ENDS & SOFTWARE RELEASE- PROFIT = 24.84% PROFIT !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 24.84% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 6: Release of EOSIO Dawn 3.0 ahead of schedule which introduces improvements in performance (increasing the transactions processed per second to a maximum of 8000 TPS), compression improvements
April 6: Block.one signs $200m Joint Venture Partnership to Accelerate Asia-Focused EOSIO Ecosystem Development
April 19: Bitfinex announces full support for the upcoming EOS mainnet token swap
April 24: EOS Mainnet is expected to launch on 2nd June (33 days).
April 24: eToro (a social trading platform with over 9 million users) has allowed users to buy and trade the EOS token.
May 31: The EOSIO launches the Bug Bounty Program.
May 31: EOSIO Stack Exchange site is now fully open to the public and community members.
June 2: Block.one (publisher of EOSIO blockchain protocol), and SVK Crypto (an investor in blockchain technologies), announced today that they have partnered to launch a new US$50 million fund to accelerate the growth and development of the EOSIO blockchain ecosystem.
June 1: Block.one Closes Record $4 Billion EOS ICO.
June 2: Block.one releases version 1.0 of its open source EOSIO blockchain software. This software enables businesses to rapidly build and deploy high-performance and high-security blockchain-based applications.
June 2: Block.one launches the EOSIO Developer Portal.
The general uptrend in the crypto markets as well as the positive developments outlined above (in particular, ending of the ICO and release of version 1.0 of its open source EOSIO blockchain software).
***The "Crypto Bottom Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***
EOS, A moonshot incoming!$EOS one of the competitor to $NEO and $ETH ( somewhat ) is ready for antoher leg up before a correction of 1 or months.
Chart looks perfect for a moonshot,
Entry should be somewhere around 126K - 150K as we have news of delaying in their main net.
Sell off point must be between 390K to 415K.
This may be a 1-3 months hold, so be patient, it appears to be a perfect trade at the moment,
Good Luck!
Going to the Wave 5?Wave 1 is around 1600%, Wave 3 is 400%, that is the 4 times less then Wave 1, and if we use that formula for the Wave 5 we will have 100% up. IF we have 100% up for the Wave 5, we will perfect touch the fib 1.618.
U can also see that from Wave 1 to Wave 2 we are having a Flag pattern, and now from Wave 3 to Wave 4 also, with the same breakout scenario.
Too much coincidence in this one bull trend?
EOS has 300% potentialHello Friends,
Another interesting trade, play safe though. Remember BTC price fluctuation can impact Alts price.
EOS - Mainnet Launch on 2nd June, it pumped up almost 4x from the bottom and retraced by 50%.
I would buy in the buy area and target 1 would be 50% ie., 0.0023
Mainnet News
ethereumworldnews.com
Keep sl based on your risk apetite.
Do TSL and Targets always, use my signature to see what it is.
EOS To The Moon With Their Mainnet Launch on the 2nd JuneSorry, everyone in my previous chart I said that EOS was launching their Mainnet on the 29th of June. Luckily one of our community members corrected us on the matter. We could be a jump in EOS in the next few days so keep an eye out for that.
If you want to keep informed of any new developments with regards to this chart follow us on TradingView and we will keep you updated.
Potential Road Map to EOS and Their Main Net Launch on 29th JuneAs we know EOS will be launching their Main Net on the 29th June, I wanted to use Elliott wave and a Fib retracement to show everyone the potential path EOS could take...
Last night we completed wave 4 although saying that if EOS breaks further down today by 1000 sats then this will invalidate this impulsive wave. If it carries on upwards today then we are good to start wave 5, so just keep an eye on that during the day.
If you want to be kept up to date to see how this chart plays out then follow this channel and we will keep you updated.
EOS - What Am I Doing With EOS?Hey Folks. What's up.
Hope you are all well today and you are eating your brocolli. If it gives you indigestion, avacado's are usually a better shout.
Personally, I find they make me happy to eat and make my trading better.
Before we get onto the meat (I am a vegeterian so it might be a little awkward) all I ask you is to follow me on twitter & telegram to appease my delicate ego
T.Me/CryptoShadowAnnouncements
twitter.com
So wtf is up with EOS?
So - the EOS mainnet is roughly 23-24 days away from now. This makes EOS a good play for this month, Furthermore, there is an airdrop in 2 days.
From looking at the chart EOS is actually looking very bullish to me. But the scenario isn't simple.
Why? Well. The signs are bullish, the volume is great, we are testiing the ichi cloud on the 3hr & have broken the 1hr one.
But it is very likely that we get close to ATH and pullback into a further correction.
If you look at the daily chart we have done 4x in a very short term. The daily chart doesn't look too good.
But heck, when does EOS care about T.A?!?
I feel the correction may be complete - but it is risky when looking at a higher time frame.
For example, people dumping after the airdrop in 2 days and extending the correction could be plausible.
If you are holding EOS, here is a strategy for you.
Take profit off the table at 23 (if EOS get's there). Then rebuy on a break of ATH if it cracks it with more than a candle.
This is the safest option for EOS traders right now. Be prepared for all scenarios as always,
Points of consideration:
Support @ 184-172
Resistance @ 20000,215000,23000
If you find me T.A helpful, gimme a like. Comment and i will reply. Join my V.I.P to get more premium first hand content.
Peace
- Love Shadow
EOS Elliot wave predictionEOS has some big potential and with the all the new platforms and meetings happening this year I would expect big investments to be made in EOS.
If my prediction are correct the fist wave up/down has finished, EOS is currently at the biggest resistance point in history.
If it will clear the resistance it will prob. shoot further upwards.
"NOT a financial advisor, seriousness reduces life. Make sure you feel blessed when waking up, millions of people died during their last night sleep."
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EOS #EOS entryEOS #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.
EOS in a BEARISH WEDGE? CAREFUL ON TRADING THIS CRYPTO - HThis is a high risk trade due to it's current state. If we look at the pattern, it is bearish - nothing we can do about that. Most of the times price fell after such movement, nevertheless 40% of times price broke up and stock went on a short term bull run.
I will update this chart as new info comes up for my followers.
Enjoy this trade with caution.
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.