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EOSETH

is EOS going to erupt?I predict a golden opportunity here. EOS has been consolidating for quite a bit. It has held well above .786 fib but has not been able to get past the .0014000 mark. The compression of the bollinger bands as well as the decreasing volume from the left of the triangle to the right of the triangle confirms that this is indeed an ascending triangle . As shown in the chart, the bulls are putting pressure on the prices as the ascending triangle progresses. We are seeing higher lows with stagnant highs. It will just be a matter of time before the bears give in. In the context of the MA lines, prices have held at or above the average. I anticipate the target price to be around the .0017715 mark. However, that should be taken as an estimate since price anticipation is never accurate. Prices going past the 00.0013798 resistance line will confirm a breakout. Keep an eye on this for the next couple of days as I believe this could make a major bull run. Play safe, play with stops. Good luck :)
by RLUM18
1
Long on EOS/ETHTrade is active from .01330 ETH for a breakout to the upside. Dual Ascending triangles combined with a cup and handle make for a good swing move to the upside. Concerns: Major sell walls above these points. However it seems that's all they are, that have not been hitting the ask prices as EOS has crept up. Keep a close eye and close stop if you can't stomach another support test all the way to .01 Also - I have seen other people posting a cup and handle of this exact same pair. i feel they were just early to the party. It's taking a long time to form and these sell walls are holding it down.
Long
by Sherem
3
EOSETH bullish targets 0.036ETHMy last post on EOSETH was deleted by the mod as it contained "promotional material". I'm now repubbing this without such material. In my EOSUSD 2.48% chart a few days ago, I suggested the possibility of a new rally starting by the end of Jan (as Dawn 3.0 arrives). The recent crash coincided with Wave 2. This provides a measure for future trends. Possible targets: 0.015ETH 0.023ETH 0.036ETH (3 impulse waves) At the moment, we see a slightly overbought condition & bullish pennant . After breakout, 0.015 will be very quick & the possible ensuing correction will be shallow. My long-term projection is still 0.05ETH after EOS ico -11.11% finishes.
Long
by DrJLT
1
EOSUSD to start new up trendEOSUSD endured a period of consolidation. Finally, we've seen a breakout. The previous target of $16 was reached very quickly. We can see that originally shrunk volume has bounced, though not yet to previous levels -> this leads me to believe that EOS is only just warming up. Dawn 3.0 is coming & EOS is announcing some partnerships. In this extremely bullish market environment, a highly ambitious project like EOS is bound to perform. Currently, as ETH is having a new hard fork the next week, we may see EOS trading somewhat sideways. Right after EtherZero is distributed, however, I believe EOS will have another rally. We could see a 3 in the first digit. Check out my previous:
BITFINEX:EOSUSDLong
by DrJLT
2
EOSETH may fall even furtherEver since the bitcoin crash in late Dec, EOS hasn't performed. There wasn't any top reversal pattern, yet such is the market. In the last few days the weekly and monthly EMA have crossed. EOSETH has fallen below 0.5x of the previous rally. The first suggests that we're in bearish territory already. The second means we're probably not having a cup & handle pattern. What's particularly worrisome is that we haven't seen a bounce even after a 50% fall. This possibly means deeper & faster drops may ensue. I'm unsure whether to sell at this point. It appears that the best opportunities have passed.
EShort
by DrJLT
4