Eosbuy
EOSIO : HEAD TO 8$ & ABOVEGreeting from IRAN to whole trading community 💙✔
Straight to the point , EOSIO has just broken its major level
7$ major resistance zone got broken and price made a smooth pullback to the broken zone
Resistance zone got broken with 2 strong full body candle (1H Timeframe) , After that price made 2 doji candles and made a pretty pullback to the broken zone
After this pullback we expect EOSIO to rise to the next level
Next Stop : 8$
KEEP IT SIMPLE :)
BULLS ARE BACK FOR EOSGreeting from IRAN to whole trading community 💙✔
EOS is moving through an ascending channel since 31st March
Price has risen more than 100% in about two weeks (4$ to ~8.5$)
EOS has achieved a new ATH , which dropped the price to the bottom of the channel
We were witness some reversal signs in that point but it was the time that MASSIVE SELL-OFF happened in market and CRYPTO MARKETCAP lost about 20% of its value in a short time
After that we saw some signs of support and BULLS brought the price back above 7$
This level is a major support level now for EOS
If EOS could back to the channel , higher targets will be available
KEEP IT SIMPLE :)
EOSBTC TARGET UP TO 0.0003575SATEOSBTC confirms the cross-over of the wedge and the night on a 5-wave track, the final target is 78% fibo resistance targeted.
EOSBTC buy : 0.0002805sat
EOSBTC target : 0.0003570sat
EOSBTC stop loss : 0.0002717sat (margin)
EOSBTC stop loss : 0.0002630sat (investing long term)
Wish you good deals!
EOSUSD:Analysis using Ichimoku 30/07/2020H4
On D1, the cloud is directing upward, indicating an uptrend. Also, it is worth noting that the price has grown beyond the border of the Triangle Correction Model. At the level of $ 3.3 is the 61.8% Fibonacci level.
Conclusion:
In general, the trend is upward. We recommend considering buying on H4 when the RSI H4 reaches the oversold level.
H1
At H4, the cloud is directing upward, indicating an uptrend. RSI H1 is near the oversold level.
Conclusion:
We recommend buying EOS on H1 nowl.
EOSUSD: Analysis using Ichimoku 22/07/2020H4
On D1, the cloud is directing upward, indicating an uptrend. You can visually see how the triangle price correction model is forming.
Conclusion:
We recommend selling from the upper line of the triangle pattern when the RSI reaches the overbought level again.
Also, we recommend to close sell and open buy when the price reaches the level of 2.5, and the RSI reaches the oversold level.
H1
At H4, the cloud is directing upward, indicating an uptrend. But, a divergence has formed between the RSI and the price, indicating an imminent change in price movement.
Conclusion:
We recommend selling when the RSI H1 reaches the overbought level, and we also recommend looking at the H4 chart to plan a trade.
In the medium term, we should expect the price to rise to the level of 3.5, possibly higher.
EOSUSD: Analysis using Ichimoku 04/07/2020H4
On D1, the cloud is directing downward, indicating a downtrend. The price also reached a downtrend line.
Conclusion:
Locally, we recommend selling when the RSI reaches an oversold level on the H4.
H1
At H4, the cloud is directing upward, indicating an uptrend. A divergence has formed between the price and the RSI indicator.
Conclusion:
Locally, we recommend selling when the RSI reaches an overbought level on the H1.