EOS Ascending ScallopAscending Scallop formation, big buy signal if this continues and forms a handle, this is based off an expected rejection at EMA level. A golden cross on this daily chart can also be observed. Ascending scallops perform better in bear markets. Short term bullish continuation expected.
Eoslong
EOS about go go?!!?EOS Token looking very nice for a potential buy! On the weekly and daily we are seeing potential cup and handle patterns forming and we could see great gains from these moves! Many of the other top altcoins have gone up more than 30% over the last few days/ weeks EOS has moved a measily 11% in the last 7 days, this is nice but nothing compared to what we could see! The first target we have here would be around 0.00056 and after that we could be looking at 0.00076.
A lot of indicators pointing at buys, we could see a small pullback from where we are here to around 0.00045-46 but even now you could start putting long positions if you are prepared to wait!
Looking at the history of this coin we see that it has performed multiple long term cup and handle patterns in the past all of which had great potential returns.
EOS grand reversalFirst of all take a look at week timeframe chart. It is very promising.
But what it tells as well is that it is just consolidation channel, so price may swing up and down for some more time. Given buy/long zones are for bullish scenario, where price don't move to the bottom of consolidation channel and slowly start to grow from here.
Targets for breakout are 4380 - 4900 - 5200
eos pulling us outof the bear trend?looking for candles to stay above ichimoku cloud for price continuation. if eos can find support on the 100 daily ema eos could continue to further highs. only thing missing is high volume buys. lets see if the market can get some volume this next week or so to push prices higher.
mac d back above 0 could mean momentum in favor of the bulls.
Is EOS ready to explode here or is there trouble ahead?EOS/USD has made quite a nice move up and I believe we are headed to $3.20-$3.40 zone highlighted in the chart. Question is...do we continue to rally or just create yet another lower high? I am cautiously long here as we broke out above the cloud but we should see some reaction at the highlighted zone.
$EOS reclaimed our support and rally!As we have outlined last week in $EOS two longs strategies as follows:
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Longs play:
- Conservative long: We can see monthly resistance at $2.6, once this level will be reclaimed, you can look for longs and the target would be $3.2 and $5.5.
- Entry long around $2.57-$2.61, the target would be $3-3.4
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From both strategies, you are at +6-8% in profits. You can take 40% here and I am still expecting the price to reach our areas of interest, which is another +10-15% from here to $3.0-3.2. __________________________________________________________________________________________________________________
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EOSBTC forming bullish Shark | Upto 32% bullish move aheadPriceline of EOS / Bitcoin cryptocurrency is forming bullish Shark pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0003163 to 0.0002942
Sell between: 0.0003402 to 0.0003903
Regards,
Atif Akbar (moon333)
EOSUSD forming bullish BAT | Upto 14.5% bullish move aheadPrice action of EOS / US Dollar is forming bullish BAT pattern and soon it will be entered in potential reversal zone.
This PRZ area can be used as stop loss point in case the complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 2.4649 to 2.4135
Sell between: 2.5877 to 2.7709
Enjoy your profits and regards,
Atif Akbar (moon333)
EOSBTC Further H&S CorrectionEOSBTC Looking for further corrections if this current structure breaks down, which it looks like it most likely will. Only bullish signals are that it is printing higher lows, there is definitely room to move lower, even after a significant correction following the H&S pattern.
Included a bearish pennant for anyone learning patterns.