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EOSUSD

EOS - 6h. Below $ 3.7, buyers will have problemsThe tense situation in the altcoin market and the weak reaction to BTC's attempt to start growing is starting to worry. Analyzing the EOS cryptocurrency over the past two months, buyers have completely given the initiative to the wrong hands. If in the period of June 8-13, buyers had every chance to reverse the local sellers' trend, now we see a lack of support and desire: On the 4 hour timeframe, we showed how buyers held the important range of $ 4.4-4.7 for a month, which has now become their main problem. On May 19, during a massive fall in the cryptocurrency market, EOS buyers kept the price in this range. However, a month later, sellers without volumes were able to lower the price lower and take control of this important range without any problems. On the 12 hour timeframe , you can clearly see that the EOSUSD price is moving in the white channel of the fall from May 27: The lower trend line works out especially accurately. Yesterday, buyers had a chance to go beyond the white channel and break the sellers' plans. However, as we see on the chart with such trading volumes, it is very difficult to reverse the medium-term trend. Local scenario for the EOS market. On the 6 hour timeframe, the price moves in a black wedge. The critical point for the continuation of the upward trend is at $3.7. Below this level, buyers will lose local initiative and will again have to prove their strength at the level of $3.35. Therefore, below $3.7, we would not recommend holding this coin for local speculation in the EOS market. If the mark of $3.7 is held, we will expect the price to continue to rise to $4.4-4.7. At this point, it is worth thinking about fixing profitable short-term positions. If we look at the global situation in the EOS market, we can see that the price is practically at a historical low: On the EOSBTC chart, it is noticeable that globally buyers are gaining a large position since January 2021 at the moment, if we see another wave of decline in the EOSBTC market, this will give investors an opportunity to buy the coin for a long term in the range 0.0000725-0.0000850. To summarize our analysis: Local continuation of growth is possible after the price fixes above $3.7 The target of the local growth trend is in the range of $4.4-4.7 The loss of the $ 3.35 mark will open the way for sellers to $2.5 The first big target for the growth of the EOS market is $8. _____________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
25
Eos actually doing okayEos has began consolidating itself again, with a nice support trend yielding a realistic view of its price action within the next following years,(long term) For the moment short term if we see a volume increase within the 3-5$ 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$
Long
by Glo1235122
Eos (EOS) - June 30Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (EOSUSD 1W Chart) We need to see if we can move above the 5.1 point to continue the uptrend. If the 5.1-6.4053 section breaks upward as an important section, it is expected that there will be a movement to create a new wave. (1D chart) We will have to hold the price in the 4.0178-5.1376 zone to see if it can turn into an upward trend. If it goes down, you should check to see if it finds support at the 3.4579-4.0178 level. ------------------------------------- (EOSBTC 1W chart) In order to transition into an uptrend, it needs to find support above the 0.0001470 point at least. To continue the uptrend, it needs to move above the 0.0003040 point to find support. (1D chart) We need to hold the price in the 0.0001113-0.0001343 range to see if we can turn into an uptrend. An uptrend cannot be accelerated until it deviates from the downtrend line. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BITFINEX:EOSUSD
by readCrypto
EOS - Getting back for now!Hey guys, same as other coins: EOS has now entered the red zone of resistance. Main line is at 4.44. It can hit support and go back to do a retest on that. but now the sell volume is getting higher and people are opening short positions. So don't open long positions for now until we touch support. You can however, open short positions and aim for supports but do it with low leverages. Current Market Price: $4.19 Good Luck Tell me your ideas. Like and Share
by ShawnMCR
1
(Update) there is still room for bears before a bullish movementHi every one EOS / TETHERUS in the last analysis we talked about a Descending triangle which the price managed to break it. now we can see a falling wedge which is a bullish pattern but there is still room for bears because there is a Hidden bearish Divergence (-HD) on RSI indicator which means there is a chance that the price would fall before a strong bullish movement! there are resistances at 6.5 and 7.5$ for EOS. Previous Analysis: Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
18
EOS - 6h. Buyers Prepare for Local Growth with a Target of $6.8We noticed that many are interested in the good old EOS. Relatively recently, we made a global idea for this coin: Today we are going to make a small update and share our thoughts in the short term. As we can see in the chart, buyers failed to build a strong wave of growth after the fatal fall in the price of EOS from May 19 to 23. The trading volumes during the local upward wave were about the same as during the downward wave. Of course, these volumes are not enough to confidently state that a new wave of growth has begun on the EOS market. If we pay attention to the trading volumes on May 5 and compare with the current ones, it becomes clear why. However, the comforting news is that the current price drop looks rather sluggish and takes place at low volumes. Buyers found a good spot for defense in the local range of $4.8-5. In addition, the trend line is in this range, which buyers confidently hold from December 23. Therefore, if the weekend is calm and we do not see the growth of aggression from the sellers, we will expect a local reversal of the market and a test of the mark of $6.65. We are not looking higher for now, as we believe that the price of EOSUSDT will continue to consolidate in a wider triangle. If we look at the daily timeframe , we see that the EOS price is now at a critical point: The chart shows that the range of $4.45-4.78 holds the price perfectly for 3 years. The loss of this range has always meant the continuation of a powerful downward trend. At the moment, the price is above this range. The main task of buyers is to maintain this range for the next week. This achievement of buyers will allow starting the formation of a consolidation triangle above this range and will increase the chances of a price shot up already to the level of $8-8.6. A similar critical situation can be seen on the EOSBTC chart: At the moment, sellers manage to push the price down without much effort. However, in the current price range, we expect to see a struggle. Having lost the range of 1288-1452 satoshi, the EOS market has every chance of falling by another 30-40%. Therefore, you should take your time this weekend and carefully monitor the market sentiment. The next week may be decisive in the medium term. _________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
39
EOS bearish movement to 4$!Hi every one EOS / TETHERUS EOS/USDT was in a descending triangle but now this pattern has been broken downward so we expect a bearish movement as much as the measured price movement (AB=CD).there is a strong support for EOS at 4$ which was the point where the price started to Increase from the last dump! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
Short
by CobraVanguard
15
Eos (EOS) - June 7Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (EOSUSD 1W Chart) After a long consolidation period, it moved higher than the 6.4053 point. A consolidation above the 6.4053 point is expected to trigger an uptrend to create a new wave. (1D chart) We'll have to wait and see if we can climb to the 6.2573-6.8172 section. If it falls from the point of 5.1376, a Stop Loss is required to preserve profit and loss. However, it can touch the 4.7538 point and move upwards, so trade cautiously. ------------------------------------- (EOSBTC 1W chart) It should move above the 0.0002840 point for support to continue the larger uptrend. (1D chart) It remains to be seen if the 0.0001574-0.0001690 zone can find support and move up. If it falls from the 0.0001343 point, Stop Loss is required to preserve profit and loss. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BITFINEX:EOSUSD
by readCrypto