Quite a setup here on eos-btc ratioLooking at squeeze momentum indicator, it is clear that market is prepared for a big move.
Then you look at the chart and you spot this wide channel where all the action is happening for over a year now.
Price is now at the bottom of the channel.
What is interesting is that top of this channel is very near weekly EMA(100). So, overall it's a very good target to aim at.
Judging by the former such move, where price moved from bottom to top of the channel in mere 45 days. If this move is to happen again, peak pump should be in late October.
tp1: 1650 sat
tp2: 2040 sat
tp3: 3200 sat
Eosio
Eos actually doing okayEos has began consolidating itself again, with a nice support trend yielding a realistic view of its price action within the next following years,(long term)
For the moment short term if we see a volume increase within the 3-5$ zone over the next month that will be a really good indicator that EOS can step back into its bullish channel
the market doesn't have enough hands in the market to tip the balance from super bearish 28k> or super bullish 42k> for BTC.
things to look out for coming month:
Volume+:Even a moderate increase in EOS at the moment is a huge sign of upwards pressure
RSI+:if bears make a move RSI will be undersold.
if bears are attempting a 3.0 move for EOS they will be out of luck with huge buy walls in 2.60-3.0 region(huge support)
if both are bouncing with even moderate strength we can see a break for 5$
EOS-USDT possible pitchfork channelHello traders and investors!! 😄👋
I am looking to follow the light pink path and stay in this channel, but it is important to consider more scenarios. There is always the possibility that BTC suddenly crashes and makes this channel invalid, where we would then see EOS fall, possibly to even ~$5.
If we don't follow the latter, I am looking for possible entry at ~8.8 where our dashed yellow support line/50 fib retracement is located. If we fall below the dashed yellow support line, I am looking for next entry at around ~7.9 which would be the bottom of this channel. That being said, I would wait for confirmation that this is a valid channel, and that we do not break out of it before thinking of placing a buy order.
-As long as BTC can maintain in this zone of 54-57k or higher, EOS is a safe cryptocurrency to invest in.
-EOS hit an ATH back in 2018 of 23 dollars.
-EOS is a fast transaction blockchain network compared to many others out there.
Remember, wait until EOS is done correcting.👌
🛑🛑 This is not financial advice🛑🛑
Always keep a stop 🛑🤚💲 loss, and enter trades safely with proper precautions.
Jazerbay ☯
EOSIO : HEAD TO 8$ & 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 :)
EOSIO - Shorterm #01#SM.DUNZA-EOSUSD-144min #BYBIT #EOSUSD
Close short position if opened.
OPEN NEW/ADD TO LONG POSITION
Enter arround: 6.626
TAKE PROFIT:
6.732, 6.792, 6.937, 7.03, 7.216,
STOPLOSS:
6.22844,
We recommend moving stoploss to break even once first TP is hit
Signal issued at 2021-05-02T16:48:00Z
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 :)
EOS/USD - Fractal and Fundementals Analysis - Moonmission!FA:
- "Beyond blockchain" event partnered with google cloud and galaxy interactive.
- Hackothon ongoing, bringing attention to EOS during the bull market.
- EOSIO is an attractive platform to build networked applications and proves EOS has not died like many people would have been led to believe during its lengthy consolidation. - EOS delving in defi with over 20 well known defi projects using EOS.
- Google cloud seems excited about EOS, follow the big players - those closest to the knowledge always make the most!
- EOS has plans for compliant defi: profi which is unlikely to be regulated by the government.
- Dan Larimer the former CTO is returning to eos telegram groups after leaving a couple of months ago. "The reports of me leaving the eos community are greatly exaggerated, I look foward to engaging the community to establish a path for EOS who realise my orginal vision"
TA:
- The market tends to retrace and confirm breakout point, hence drop after breakout
- Volume increasing
- sucessful breakout from a 1000 day long resistance zone, waiting for a R/S flip to confirm.
- Been in the top 10 before.
- Had negative sentiment: invest whenever people are fearful. If EOS was going to die like everyone said, it would have done it during the lengthy bear market.
- Convincing fractal.
And remember guys, the longer an asset is on the ground - the higher it will stand up!
Buy Big Sell BIGGER -MegaWhale.
EOS/USDI've been focusing on the EOS/BTC pair but looking at the EOS/USD is looking solid!
Clear breakout of accumulation, I'm targeting $8.90 for a 217% (2.2x move and with the market moving up in bullish fashion, this might happen sooner than rather than later..
Use stop losses and trade within your means. Good luck traders, make some bank!
Alfa
EOS / BTC Of the top 50 in the Crypto CoinMarketcap, EOS has the most to gain imo, once sitting in the top 7, there has been a dramatic fall from that grace. But developers are still tinkering away on this one and there are still 800k transactions being processed daily which is impressive!
blocktivity.info
By the looks of it, don't quote me, sellers have run out of EOS to sell, setting my stop loss at 7000 sats in case it nukes from here...
Trade safe and use Stop Losses to avoid capitulation events!
EOS Prepare For SellOffThe crypto market is living its last bubble days.
The prices do not reflect any fundamentals.
Cryptos are pure retail investments gambling at this point.
EOS Fully Diluted Market Cap $4,902,074,971
vs
Biggest German Bank, Deutsche Bank 23.864B Market Cap
Moderna - saves the world from Covid-19 - 69.146B Market Cap
Ebay - Market Cap 42.174B
FORD - 42.174B MARKET CAP
When you buy stocks of a company you own a part of it, you have the right to vote changes in the company and you receive dividends.
When you buy crypto you own nothing! You buy thinking that at some point another person will be willing to pay more than you on that piece of nothing.
If you want to own the BUY and SELL indicator in the chart, that can prevent you from the big crypto selloff, just leave me a message for a 7 day trial.
EOS Reached our first target ... 8.50 NEXT If you followed my analysis since the beginning, you would know ...
Target 1 is now reach with strong volume and strong RSI ! 8.50 USD Region next !
Enjoy the ride
The content covered in this publication is NOT to be considered as investment advice.
Thank you all,
If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the comment section.
Have a Good day and Safe trade
Butterfly .D
/Metamorphose your portfolio/
Perfect weekly closure for EOS, guess what's next ? We are monitoring EOS since few weeks now, and we saw that EOS were arriving at the end of it's accumulation phase ...
Here is our previous analysis
Yesterday we perfectly closed the week above the resistance line ... Now we just have to be patient and let EOS cruise until our targets!
Enjoy the ride
The content covered in this publication is NOT to be considered as investment advice.
Thank you all,
If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the comment section.
Have a Good day and Safe trade
Butterfly .D
/Metamorphose your portfolio/
EOS / USDT about to enter it's expansion phase (weekly analysis)We are monitoring EOS / USDT on the weekly time frame since a long time now and it seems that the time of truth is coming ...
As we saw, many things are telling us about what's coming... and it will be explosive
- I believe that EOS is arriving at the end of a long accumulation phase, with a reversal pattern ( Inverted HS)
- A long accumulation phase means a long expansion phase
- Since 3 weeks, EOS has been ranging wildly in order to discouraged the last sellers on the market, now we can see on the VPA analysis that the sellers are slowly capitulating... And the equilibrium is shifting in advantage of the bulls.
- RSI is forming a W and entering the bullish zone.
I believe the breakout is close !
You can either enter now during the accumulation phase if it's long term position, or after the breakout if you do lev trade ...
This market benefits the most patient ones ... so no rush !
The content covered in this publication is NOT to be considered as investment advice.
Thank you all,
If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the comment section.
Have a Good day and Safe trade
Butterfly .D
/Metamorphose your portfolio/
EOS / USDT weekly analysis EOS might be at the end of a reversal pattern on the weekly time frame
Looks like we have the formation of an inverted head and shoulders pattern on the weekly time frame. If this reversal pattern is confirmed by a breakout with strong volume and a weekly closure above the resistance line, the next few weeks will be explosive for EOS!
Even if the fundamentals news are not that great lastly, with the departure of the CTO and a lot of competitors for EOS, on the technical part i believe we are arriving at the end of a long and painful accumulation phase + we are living a very strong Bull market ... Keep an eye on this one, the breakout could be strong !
However, till the breakout is not confirmed, no reason to make some moon prediction
The content covered in this publication is NOT to be considered as investment advice.
Thank you all,
If you enjoyed this analysis please mark a thumbs up and do not hesitate to share your point of view in the comment section.
Have a Good day and Safe trade
Butterfly .D
/Metamorphose your portfolio/