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Eosio

EOS - Daily UpdateBottom Line: Watching for evidence the wave ii of (iii) correction ended. Key Levels: Below 2.20, 2.26 Above   2.96, 3.54, 3.92, 5.48 Outlook:   The wave ii of (iii) correction could have ended, but we want to see confirming upside price action to bolster the case. Analysis: The most bullish comment we can make about EOS is that its 2.26 low has not been violated and it at least gave us some initial confirming price action for a low with the break above 2.54. Otherwise, the price action remains stalled. We still want to see EOS breaking above 2.74 and 2.96 to keep the case for a bottom at 2.26 intact.
BITFINEX:EOSUSDLong
by ferGOD
EOS - $EOS - bottomed? Here we go!WAVE 3 in progress! The best time to buy is now! #EOSUSD: I'm LONG / BULLISH position up in (GREEN BOX). I expect that $EOSUSD will rise up. This would mean that EOS will gain more 500 - 1000% of its current value against the DOLLAR. What is the right way? Looking for relevant timeframes, with patience and planning, NO DESPERATION . No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things. Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong. If you want to win in this market, you need to be COLD and CALCULIST . To the moon is too close, go beyond Well, keep you updated as this timely issue evolves. Good luck! #CRYPTO $EOS #EOSBTC #EOS #ALTSEASON2020 $BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP #altcoins #bitcointrading #BuyTheFear #BuyTheDip
BITFINEX:EOSUSDLong
by ferGOD
1
ridethepig | EOS Market Commentary 2020.09.08📌 Buyers have a good position here, because it is unlikely that sellers can manage to force a decision at the stops below 2.47x. But this somewhat clumsy setup creates some difficulties of its own. The right play here is to ride the pig in BTC which will expose the topside across ETH, EOS, LTC and a few other major cryptos still holding on. The struggle to make this a more serious breakup towards $6 and $9 is possible if we see a momentum breakup. The difficult task of finding attractive private assets is coming from populist manoeuvres. There is no comfortable way to play end game in the economic cycle, though I am continuing to long scarcity as the dollar is flushed. For those looking at the long-term outlook in Cryptos, BTC represents the entire sector and is opening up the attack on both sides. Thanks all for keeping the feedback coming 👍 or 👎
BITFINEX:EOSUSDLong
by ridethepig
10
EOS is looking to impressEOS is looking to impress With a cross of the 50 over the 100 day and its eyes set on the 200 day it seems EOS is going out for a run against its all time high. EOS.io and other cross chain projects will surprise folks with its speed. Dan Larimer is a person who is always thinking of creative ideas before they are adopted by the community and copied into other projects. This is not financial advice but i will set some lower limit orders and see if some EOS falls into my price range from here.
Long
by altcoinnerd
EOS/BTC(MONTHLY), GIANT BULLISH SHARK PATTERN,90 TO 400%I have already posted my short-term to mid-term analysis earlier but this is a big picture, long-term analysis of EOS. For investors or swing traders, the upside seems much larger than the possible downside of 20% or so. I am both a day-trader and a swing trader when I have time and a swing trader when I'm busy with my personal life so I always consider both perspectives, trades that will give me gains short-term and should my schedule become super busy, the long-term as well. It's forming a bullish Harmonic on a large TF so high chances of it playing out and is also completing a falling wedge on that high TF as well, so long-term (like months going forward), I am optimistic about EOS. Additionally, the harmonic on such a large scale, I wouldn't be surprised if it took a bullish turn before completing the harmonic given the downside vs. upside. I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
Long
by Zaraki11_AY
2
ridethepig | EOS Market Commentary 2020.02.18Trotting higher as ever and currently challenging the key $4.50 flip. I noticed better local RM EOS buying too, and I think that the coin could remain bullish until $7.5 before we see any serious official profit taking. I'd use any dips to enter shorts. The same flows that have been in play since the pullback: It remains the darling of Altcoins. High funding in the space but so far markets only reacting in a conventional manner. Taking $4.50 will help that support ant now an attractive momentum move in play. Thanks as usual for keeping the support coming with likes, comments and etc...Jump into the comments with your charts!
BITFINEX:EOSUSDLong
by ridethepig
Actively Buying The Dip In EOS !!EOS has quite the habit of shaking out soft hands by expanding volatility in large manoeuvres with smart longs covering (see diagram below) and then actively buying at cheaper levels. Buyers had some nice gains and this healthy profit taking was logical and I can see why a retest of $4.50 was justified: Although time-consuming, the operation is based on shaking out the impatient. The breakout took place at the end of last year which we traded: The auxiliary troops from BTC have been brought over into EOS and other major Cryptos, those sharp enough last year who smelt the trend changing before mainstream media are rewarded favourable, while late money struggles to get to grips with the environment we are trading. Chasing a fleeing enemy: Buyers had the favourable end game here, their break obliged retail to concede fomo moves and hence the shakeouts. At an advanced stage in the swing, specifically when a fast hand is important, the process of squeezing can be seen from quite a similar angle: This brings to an end the chapters on our EOR swing; in conclusion there have been some great opportunities to ride the pig, and a schematic illustration of how to cover and fade exhaustion. Good luck all those buying dips in EOS and BTC next week, don't forget to keep the likes, and comments rolling!!
BITFINEX:EOSUSDLong
by ridethepig
2
ridethepig | EOS Spot Commentary 2019.12.18EOS moving pretty much in sync with the rest of the Crypto board and broader USD devaluation. Strong inflows will continue to move it out of the range with upside pressure coming from the Global reflationary theme. Here being constructive on EOS and triggering ahead of the anticipated breakout, though has not yet developed the move will only be invalidated with a break below the $2 handle. Things are a bit easier to track on the BTC chart: Focus remains on the $3.25 resistance over USD devaluation. 4.50 and 7.50 remain the targets to watch. Overall, I see the case for meaningful EOS and BTC strength in 2020, but especially if considered versus USD. Difficult to trade, for sure, but I still feel the bigger BTC risk lies to the topside and will move EOS as collateral. Good luck all those buying dips in BTC and EOS and thanks for keeping the support coming with likes, comments, questions and etc!
BITFINEX:EOSUSDLong
by ridethepig
ridethepig | EOS Market Commentary 2020.02.05I was hoping for a continuation of the EOS rally that started in Q419 and we got exactly that. I didn't really expect such a significant move higher in such a short space of time, however I will take that !! An absolutely flawless +85% rally since we began loading: It was in EOS that I saw the biggest interest with offshore real and fast crypto accounts buying right from the open today. BTC having a better morning, but even with that rally, EOS was able to outperform roughly 5% today. There was better domestic news in EOS land around Block.one announcing a smart contract puzzle. This will render ETH as useless if EOSIO can store solidity. Elsewhere BTC receiving strong flows inline with expectations, most notably the $10,000 target in play. There's still many moving parts and price action has been positive to say the least this year. I still favour trading EOS to the topside with secondary targets located next at $7.50. Well done those taking some chips off the table!
BITFINEX:EOSUSDLong
by ridethepig
1
ridethepig | EOS Market Commentary 2020.01.31EOS also approaching first targets in the swing at $4.5 area as highlight previously. Some minor profit taking is expected on the cross but buying dips remains the preferred trade. That said, I don’t think there will be a prolonged, hard sell off. It’s not very inspiring but as long as EOS remains a funding currency patience and opportunism is the order of the day. Bull's next move sees the swing materialise into an impulsive nature, for the threat is now an advance on the initial target at $4.50 at the right moment and extensions at $7.50. At the point where the swing was created will see defence return and absorb the momentum break, and is therefore logically linked to profit taking. In the above flow, bears could not make good use of the channel as an attacking instrument. Buyers took full advantage of this, and I would consider the skeletons in BTC and LTC as totally identical in their characteristics. As usual thanks for keeping your support coming with likes, comments and etc!
BITFINEX:EOSUSDLong
by ridethepig
ridethepig | EOS Market Commentary 2020.01.20A funny weekend for Cryptos. Profit taking across most major coins which is only natural after such an impressive advance. BTCUSD spiked to above 9,000, just shy of the 9,200 pivot. EOS has been reacting to the increased purchases of LiquidX. Price settling back towards the highs here and a healthy target at $4.50 seems appropriate to me, especially given how we are already +72% in the previous units. The market will start to get worried about becoming overstretched, soft hands are closing as we head into February, but there is a window for a major breakup here with many underestimating the Crypto inflows over the next couple of weeks I think. I recommend to stay long EOS. GL all those trading today.
BITFINEX:EOSUSDLong
by ridethepig
Chasing A Fleeing EnemyAfter our previous entry, which was particularly difficult from a positional perspective, this update should appear 'all too easy'. It will likely raise the question as to why the ' Momentum ' break can really be considered an element in our definition of swings, because it is entirely plausible to build one's entire strategy around swings or waves, but around a momentum break? This is an opinion I cannot share. Of course, momentum breaks occur in the ebb and flow of impulsive waves, perhaps mostly when we are chasing a fleeing enemy. However, to solely trade momentum will bring troubled dreams as its wake does not last for ever: a momentum break which only crops up occasionally should be capitalised on and used to build full sized positions right into the endgame. So, the following breakout merits our special attention. It is about a momentum break which suddenly appeared, with smart money pinging EOS out from the lows. Some 10 bars later, the game seems to be following purely technical flows with bulls now dominating the board. Bull's next move sees the swing materialise into an impulsive nature, for the threat is now an advance on the initial target at $4.50 at the right moment and extensions at $7.50. At the point where the swing was created will see defence return and absorb the momentum break, and is therefore logically linked to profit taking !! As usual thanks so much my dear readers for keeping your support coming with likes and jumping into the comments!
BITFINEX:EOSUSDLong
by ridethepig