Get started

EOSUSD

EOS - 6h. test of $10 and continuation of the correction?A fairly promising rise in the price of EOS , which consisted of two powerful waves on May 5 and May 11, began its correction. This correction was our main scenario , which we wrote about in the previous global idea: As well as under the VETUSDT or TRXUSDT ideas, many positive-minded traders expressed their negative on our corrective forecast. Nevertheless, we publish our thoughts, regardless of whether others like it or not. In this case, in the EOS market, we have witnessed how short-term the news is working out . As we remember, on May 11, news came out that the Creator of EOS will open its own crypto exchange. For two days, the price of EOS was actively growing and it looked spectacular on large timeframes. However, if we analyze the growth on the 15 minute timeframe , we see that someone systematically unloaded their positions and left a trail in the form of hairpins up: Our opinion is confirmed by the following trading days, when buyers were unable to keep the price above the range of $11.5-12. Already on May 13, most of the growth momentum was absorbed by sellers. This fact confirms the opinion that the news can strengthen the trend movement or become a good trigger for the start of a strong movement. However, only when the market is ready for it. Otherwise, the news is rather short-term. At the moment, the price of EOSUSDT has stopped at the range of $8-8.5. If we analyze the history of EOS trading, we can see that this range was quite important in June 2019: As you can see, it was after the unsuccessful breakout of this range that the EOS price continued its protracted downward trend. Therefore, we expect an attempt to consolidate buyers above the range of $8-8.5. The critical point that will decide the next medium-term EOS price movement is at $10 . At this point, we will see how strong the buyers are and whether they are capable of continuing to rise to at least $12. A weak local wave of growth will give a strong signal for the continuation of the fall in the price of EOS to the range of $5-6 . Therefore, at the moment we expect: 1. price fixing above $8-8.5 2. Test $10 After meeting these targets, we will create a new short term idea for EOS. P.S. A negative scenario in the EOS market will be possible if we see a downward breakdown of the consolidation triangle on the EOSBTC chart : ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
12
EOS - Bullish only above 12$ - Outperforming BTCEOS - I'm not necessarily convinced by the wave counts here but what I do like is the fact that it's outperforming BTC. Looking at Fib levels, I think if price can go and remain above ~13$ it could easily reach 23$ at which point I would also look for the 1.272 Fib level at ~50$ . That's simply because when price tends to break above the 78.6% Fib retracement level, it has a tendency to at least touch the 127.2% level.
BITFINEX:EOSUSDLong
by ElliottWaveBelgium
3
EOS Fractal ideaDepending on how bitcoin performs over the next couple of days, I expect EOS to follow for now. When BTC stabilizes EOS should be outperforming BTC based on EOS/BTC chart. Elongate has slightly damaged our upwards momentum but I feel we should be back on track within the coming weeks. I expect EOS to hit $16 by next week if we have sufficient volume, this will be my first TP area If EOS goes above $16 then ATH is imminent If EOS bounces, current major support is the bottom of the channel around $10. Another major support is around $8.70-8.85 price range DYOR and pay close attention to BTC
BITFINEX:EOSUSDLong
by obsessedCrypto
1
Withdrawal time for the bulls(not over yet just a breather)As bitcoins bull run has completed itself it is unlikely to pump again till another few years which means a downtrend for the overall market for the next couple of months the rsi is looking short term bullish and im thinking that the macd will hit a double top with a lower low signaling the bears to attack. The conditions are met for a bearish trend and now i see a small bounce forming with a bear trap lining quite nicely and thus a lower high will form continue a bearish trend with the head and shoulder pattern forming, sadly there is to much resistance at the 12-14 mark for eos and so to 53-57k zone on btc to break through .that is unlikely to break at this time of the year, possibly around Christmas this year we can retest this resistances, but for now take profits and get ready to buy in at a nice cheap price
Short
by Glo1235122
4
EOS (EOS) • Likely to give +10x from hereEOS has been long under the radar for awhile only recently start out performing ETH and BTC. Even on social media there so much hate going on despite current bumpy uptrend. Think things will soon chance as momentum is picking up and it outperforms ETH. Reality is that EOS no different than any other all-around project out there so it will go up with momentum and hype as prices rises. We hit the $12-$14 initial target range which was the 50% range from the High/Lows of the bear market. We seeing some natural resistance here but chances we will soon see the ATH revisited, tested and eventually broken. I think reasonable initial target is somewhere around $120 but ultimately i think the insanity of this bubble market are are living this thing will also print another 10x after that and $1k seems crazy but it is not unrealistic.
BITFINEX:EOSUSDLong
by D7R
23
EOSUSD targeting 20.00 - 25.00Pattern: Fibonacci Channel Up on 1D. Signal: Buy when the price enters the 1D MA50 (blue trend-line) 1D MA100 (green trend-line) zone, which has been the buy zone throughout the year. Also buy if the RSI enters its Support Zone before that. Target: 20.00 - 25.00 depending on where the price enters the buy zone. Measure a 1.786 Fibonacci extension from the Bottom. Very likely the next Higher High to be on the 2.0 Fib ext of the Channel. Previous EOSUSD signal: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> xBTala --------------------------------------------------------------------------------------------------------
BITFINEX:EOSUSD
by TradingShot
10
Weekly Brakout or “Fall with 10.5… $” again ?As you see , we have strong Levels in Monthly and weekly chart . The first point of view is that “ if Monthly candle closes upper than the highest level , we could see higher levels in the future . I tried Gann Fans and it seems that we have targets about 20.58… or more . Anyway , last night we saw strong resistance to weekly trend line . If we focous more , like in daily and 4h timeframes , we could see range on the top of the “Monthly highest all the time “ area . I have to point of view : 1. We could buy on 10.5 and 9.8 and gain 30 to 50 percent again 2. We could wait untill we see strong Weekly trend line break out and buy in the pullback .
by UnknownUnicorn10176825
+100% already since our call ,,, what for now ??just before EOS fly we posted a call under $6 saying one only target that we r sure of which is $10 region ( idea link below the article in the related ideas section ) Not just that, we also made an update after this with hours advising to sell now portion at $12 -$13 and buy under10$. what happened from hours that EOS touched 9.60 area and reversed from there. congrats to all of followers , hope you are enjoying n making decent profits with our signals. n for now, we can see that our $10 target flipped to support and it holds till now which is great indicator for moving up. however there is a small possibility to get lower than this again if btc jumped dramatically. As long as BTC.D is falling, Eos will be flying more n more Targets n stop loss on the chart.. Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by BTC-fire
12