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Eosbtcforecast

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.
Long
by SmartMaxi
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
Long
by glennleese
4
EOS has formed a triangle and BAT | Upto 228% profit expectedSince Feb 2018 the priceline of 7th largest cryptocurrency EOS moving within a triangle. After Dec 2018 the price action is hitting the triangle support. The candle sticks are also hitting the bollinger bands lower band. The stochastic went in oversold after Jan 2019. In the meanwhile the price action also formed a bullish BAT pattern at the end of triangle and sofar no candle stick has closed below the potential reversal zone. I have taken the complete price action of BAT pattern and also the complete triangle within a fixed range of volume profile and both are showing very weak interest of traders at this area. The price action will be reversed from this potential reversal zone of BAT soon insha Allah and this can lead upto sell targets of complete triangle. So there are two sell targets I have defined one is for BAT pattern and other one is for complete triangle and those targets are as below. Buy between: 0.0006169 to 0.0005489 (even you can buy upto the support of triangle) Sell targets for BAT pattern: 0.0007786 to 0.00102152 Sell targets for complete triangle: 0.00114704 to 0.00199136 Regards, Atif Akbar (moon333)
Long
by moon333
2
EOS-BTC Market Analysis - 14 June 2018Friends and foes, welcome to this analysis of EOS-BTC. I have analysed the daily chart of EOS with the best of my knowledge and i am posting the statistics here. Please note that i am learning TA and i am using this article as a log for my progress. This is not an investment advice. Invest your capital at your own risk. So, without any further ado, let’s get started. EOS has been moving into cycles (forming a symmetrical triangle) after a great crash from it’s new ATH of $23 which it created on 29 April 2018. Since the, it has been moving downwards with no significant move upwards. The outcome of this movement in the triangle can be either break upwards or break downwards. But at this moment, the break downwards looks more prominent. I am using Heikin Ashi candles for this chart only just to show the trend. I am using Fibonacci Retracement tool to find Support and Resistance levels. Note that fibonacci is not set on actual values, they nearly set to the acutal value because i am not concerned with the actual targets, i am just concerned with the further trend. This is the daily chart of EOS-BTC(Bitfinex): The price has perfectly rebounded twice in the past, from 0.5 fibonacci level on 16 May and 24 May respectively. Now the price has moved back to the same support region since the last 2-3days. This is a critical level for EOS because if if doesn’t rebound from here, then it’s gonna fall further to 0.618 Fibonacci level, somewhere around 125k satoshi(0.00125000 BTC) which should act as a strong support then. RSI + EMA The EMA smoothed over RSI shows rising Bearish nature. Have a look at the chart below. ( I have learned this technique from @cryptomedication(One of the best.!) - t.me ) WILLIAMS ALLIGATOR The Williams alligator shows early signs of further downward movement. Basically, The Alligator indicator uses three smoothed moving averages, set at five, eight, and 13 periods, which are all Fibonacci numbers. The initial smoothed average is calculated with a simple moving average (SMA), adding additional smoothed averages that slow down indicator turns. Read the post below to know more : www.investopedia.com MACD Moving average convergence divergence (MACD) is showing clear rising selling pressure with a lot of room for further downfall. ADX AND DI -DI just moved above +DI, few days back which shows bears are in control of power. Though the value of ADX is only 19.9(atm), but may rise(or maybe fall) anytime soon which supports the strength of down trend. CONCLUSION: I’ll leave it for you to decide. I am neither shorting nor longing at this moment, i am just sharing this for knowledge purposes only. P.S: This is not an investment advice, and i am just learning. This is for my learning purpose only. Invest your capital at your own risk. Those who wish to achieve greatness, never seek for permissions. They follow what their heart says, and do what their mind states! Good luck trading.! Peace. * The information contained in this article is for education purpose only and not financial advice. Do your own research before making any investment decisions.*
by johntradingwick
1