Eosbtclong
$EOSlooking for a break on the grey box that is currently keeping price down
should hit yellow zone and return to grey which is where i will be looking for a long setup
targets are marked on the chart clearly
blue box at the top is weekly OB resistance I do not see us clearing the area and closing above on the first attempt.
disclaimer: not currently in this trade but am looking to enter as described. will update if i do
EOS: DEADLOCKING SOLUTION & MARKET RECOVERY - PROFIT = 29.04% !Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of August 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 29.04% 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 4.76% 0.00% -2.70% 3.23% .
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.
June 5: Billionaire Mike Novogratz notes he is bullish on EOS.
June 6: Infinito Wallet adds support for EOS.
June 6: Bitmex lists EOS and EOS futures trading (with up to 20x leverage).
June 15: EOS launches its public blockchain.
June 28: Block.one’s releases proposal for EOS Constitution v2.0.
July 16: Block.one Closes Strategic Investment Round Led by Peter Thiel and Bitmain.
August 18: Bitfinex Is Working On A Decentralized Exchange Built On EOS to be released in Q3 2018.
August 30: A member of Reddits EOS community has built a tool to prevent EOS stakers from being locked out of their account when the network is suffering from high loads. Accounts can become deadlocked because the network becomes overloaded or is spammed freezing your ability to process any transactions for up to three days while your account refreshes.
The general uptrend in the crypto markets (as reflected by Crypto Market Pulse) as well as the positive developments outline above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
We're falling into the buy-zone! Update (EOSUSD, EOSBTC)Hello everyone
Today a small update on EOS. We will start off with the EOSUSD chart, then proceed to EOSBTC and then have a look at EOSUSDSHORTS/LONGS. Let’s get straight in to this!
EOS/USD
-For me EOS won’t go much lower than recent price-levels, I think that we’re falling in to buy-zone. Buy-zone for me is between 3.5 and 4.5. I chose this levels because it’s a very strong support level right there! If we go down to 3.5, that would be a decline of 25%, this is worst case scenario for me, if you are planning to buy EOS, do it in parts and don’t wait to the 3.5 level.
-Interesting: EOS went down one time to the oversold area in the RSI, now EOS is down to the 20-level. The last time we’ve hit the oversold area for EOS, we went up with 361% in one single month.
-Another thing that could happen is a creation of a possible reversed Head and shoulders pattern. A perfect left shoulder is created, if we go back up, the head and right shoulder could possibly follow. ( this indicator is pure a fun speculation).
-Risk reward: so as I said before, our first huge support line (in this case support zone) is between 3.5 and 4.5. Worst case scenario we go down to 3.5 and have a loss of 25%. If we bounce of in this area (which I expect), than our first strong resistance is at 9, which is a gain of 95%. This could possibly be an interesting trade.
EOS/BTC
-The first thing I always look at: is this chart creating higher lows? EOS does! This is a very bullish indicator! We constantly see higher lows, even after the bloodbath, if we can find support at anything above 0.0006, than we’ve created again a higher low, I’m very optimistic for EOSBTC if we stay above 0.0006.
-I’m not worried for EOS if we go further down, I only worried if we don’t find support in the pink area which is a very big support zone!
-The biggest resistance lines we have to look at are 0.001 and 0.0013
-Conclusion: we could certainly see EOS outperform BTC in the future!
EOSUSD/SHORT
-This is a very interesting chart! This chart shows how much people are going short on EOS. We can see that the shorts have got a rejection at 7500000. Now can go all the way back down, these chart is massive! This shows us the amount of people who are scared that EOS goes back up, if EOS goes up, then everyone who’d shorted EOS, got to buy EOS to restrict their loss. This green candle is one massive block energy to get unleashed sooner or later.
EOSUSD/LONGS
-So for the long chart I just putted a really speculative fact. We can see a clear pattern of 400% up, small downtrend, stability, 400% up, small downtrend, stability… the question is will this pattern last ( I really don’t think so, just thought this was a fun fact).
Love to hear your opinion on this!
DM's and comments are always welcome.
Leave a like if you appreciated it!
EOS - WHAT'S GOING ON? GET THE COMPLETE INSIGHT!EOS has been in a downtrend since long and the value has depreciated a lot in the past few months.
People have a love-hate relationship with EOS and it's justifiable too! xD
Let's check come important points here!
HIGHLIGHTS:
1> Broke out of the falling wedge on 16 July.
2> Approaching the end of the symmetrical triangle.(Which can break in any direction)
3> Getting resistance from the downtrend line established
in the begninning of May.
4> Getting support from the long term uptrend line established
in the end of March.
5> Critical support level lies in the 5.5-6 region. Below that it's gonna fall back to 4-region.
Alternatively, the upside potential is huge.!
Please take care to use indicators such as RSI , MACD , EMA etc. while trading.
P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal.
Invest your capital at your own risk.
Keep an eye out. Trade safely. Always remember, money not lost is also a profit.
Good luck trading.!
Peace.
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***
EOSis showed a cycle on chart and its easy to find the bottom with that. the cycle trend have good potential for a see a pullback on eos.
you can see 2 wedge on chart to terminate all of the bearish wedge.
last wave is equal to 1.27 on a wave and this can show us too the wave is going to terminate.
trade is a counter trend and have a huge amount of risk.
good luck and this analyze deserve alike press that.
EOS, Buy the Red, Sell the GreedEOS is nearing the 276 day uptrend which has held very strong and bounced off aggressively.
We are also nearing a previous daily close meeting the trendline which is high confluence
with oversold RSI conditions and volume squeeze.
Leverage, 2x.
Entry: 977 - 1020
Targets:
1300
1630
1950
2350
Stop Loss: Close Below 830
Risk:Reward = 14.5% : 34/69/103/144%
Catalyst: Decentralized Exchange (2018/12/31)
We are excited to announce EOSfinex - a high-performance, decentralized exchange to be built on EOS.IO
Zoom out to see the full view. Dark Blue lines = Weekly swing highs/low. Light Blue lines = Daily swing highs/lows
EOS: INVESTMENT ROUND & MARKET RECOVERY - PROFIT = 17.47% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 12th of July 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 17.47% 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 -2.70% 3.23% .
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.
June 5: Billionaire Mike Novogratz notes he is bullish on EOS.
June 6: Infinito Wallet adds support for EOS.
June 6: Bitmex lists EOS and EOS futures trading (with up to 20x leverage).
June 15: EOS launches its public blockchain.
June 28: Block.one’s releases proposal for EOS Constitution v2.0.
July 16: Block.one Closes Strategic Investment Round Led by Peter Thiel and Bitmain.
The general uptrend in the crypto markets as well as the positive developments outline above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
EOS: MARKET RECOVERY & EOS CONSTITUTION - PROFIT = 15.66% !!!Our " Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 24th of June 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 15.66% 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 3.23% .
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.
June 5: Billionaire Mike Novogratz notes he is bullish on EOS.
June 6: Infinito Wallet adds support for EOS.
June 6: Bitmex lists EOS and EOS futures trading (with up to 20x leverage).
June 15: EOS launches its public blockchain.
June 28: Block.one’s releases proposal for EOS Constitution v2.0.
The general uptrend in the crypto markets as well as the positive developments outline above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
EOS trading Long TermHello! I'm back with the continuation of my previous EOS analysis, you can check it here:
So it went for Option A on my previous analysis which is cool down from ATH, but as we can see it formed a heads and shoulders fully manipulated by some whales since a quite a few bad news surrounded EOS by the time it kept being pushed up (Why?) It face a network hack since the token swap and then they announced that long term hodlers could have their tokens taken away: bitcoinist.com
So why would it go up with this kind of news? No idea, the thing is it finally followed the logic path.
We can see we hit a double bottom now, we could go down a little bit down further, 13.5k - 13k but If btc recovers we will see a third wave on EOS going up again, the recovery should hit 17k-18k and then expect it to keep going down to 10k or so, we are gonna be able to buy EOS much cheaper this year!
Good luck!
Again I'm open to comments and constructive analysis!
Best Regards
EOS lower timeframe update - Long into a Short.I'm bearish on EOS overall. Its due a correction, there is nothing special EOS has to keep it up where it is unfortunately.
If you don't already know - the mainnet launch was a total disaster. They don't have enough EOS staked in the network for it to be online.
*When they do get their 15% stake and go live...I imagine we will see a short lived fomo pump, followed by a beautiful dump.
I am seeing this as wave B correction before continuation wave C down.
Why:
The T D sequential exhausted almost to the full 9 I look for - this was what grabbed my initial intention (Whilst T D isn't a bullet proof indicator, I just find it helps highlight reversals in conjuction with candle patterns when we go 7-9 in one direction)
Watching the TD then raised the obvious candle exhaustion patterns I was looking for - smaller ranges on the 4hour candles, indecision dojis and longer tails not able to penetrate the 50% fib retracement.
RSI exhausted, needs a reboot
MACD crossover upwards after being on the floor
Its a little better than a 2:1 trade risk, I've kept position sizing fairly small due to the inconsistency BTC is creating currently..
Next?
I will be looking to short in the blue box. I will check what % the network stake is at first though & then post my thoughts.
This is not financial advice.