EOS : 1+ 1 = 10 THE PAYMENT SYSTEM OF EOS FOR TWITTERWe always like to study trends and expect the high possible change in the trends.
because we know when there is hype or it is a trend, then most of the time it's already done.
First of all, don't see this update as trading advice, it's a high expectation on the study we have done about which coin can get into the Twitter payment system ( blockchain). we expect that EOS has the highest chance to be, and this is based on some proof that we already have seen. ( it will stay high expecting there is at this moment no confirmation by anyone also not by Elon musk)
Elon musk is a businessman and will choose the best blockchain.
He knows EOS has the most expirations in this payment processing and has worked before with social media.
We did add an update about the doge system, with the addition of a known Twitter account has found some integration into Twitter with testing the crypto wallets, which means that Twitter is testing the crypto wallets area. ( doge will play an important role, but a system as EOS will be the payment processing system)
There are online more comments with Elon musk and the owner of Twitter, and into before years.
We have seen also that EOS last time promoting new builders, EOS already created a payment system.
The owner of EOS always been interested to work at Twitter in before years, and he did show them interest huge to Elon.
Let's see what the time will do, at last, we have to say what we expect is going to happen.
And I don't need to add what the EOS price will do if this going to happen at last there coming to some small signals out about this.
The old friends from 2018 can make it happen.
EOS is a sleeping giant that can get every time up.
EOSUSD
EOS Descending ChannelEOS, which has been in the descending channel since August 2021, has proven to investors how strong it is with its re-entering the channel in August, although it entered dangerous positions when it broke down the channel in May 2022. If the channel breaks the upper resistance in a possible bullish scenario, the $1.90 and $3.20 levels are resistance. If the channel is rejected at the upper resistance, the $1 level will be supported.
EOSUSD ❕ ascending wedgePrice formed an upward wedge on a correction after a decline.
The wedge was formed on declining volumes.
RSI and EOS formed a bearish divergence (1H TF)
Price has broken down 50EMA (30m TF)
I expect the EOS to start declining after it has consolidated under the resistance level.
EOS : 3 USD TARGET PLAN I know that most of the traders waiting to see EOS coming out of the 1 USD zone, and we have seen before more times that EOS did show an increasing trend.
Since last time EOS shows signals for possible increase, and this can bring EOS to target 2-3 USD in the coming time.
It is good to have a plan if you want to go with the trend of 3 USD.
DCA is a good product to use. monthly or weekly
There is a high chance that EOS will see soon a trend pump.
EOS (Long Term Analysis)EOS / USDT
EOS is one of my favorite coins , it was in downtrend since may 2021 but this will end soon !
As you can see in my chart its trading in red color descending channel (bear market channel)
If we are looking for good long term buy then there are 2 options in my chart :
1- wait and buy near all time low around 0.5$ ( best buy area if market give opportunity
2- buy after breakout from massive resistance around 2$ ( new bull market cycle)
❤️if you enjoy my long term analysis then dont forget to support my work so i will publish more ❤️
EOSUSD ❕ rising bottomEOS is moving in an uptrend structure, in the liquidity zone.
After the correction, the price has formed a "Head & Shoulders" reversal pattern.
RSI is in the bullish zone (4H TF)
Price has consolidated above the 100MA (1H TF)
TD Sequential has formed an up reversal signal (30m TF)
I expect growth after fixing above the resistance level.
EOSUSD ❕ upward structureEOS has broken through the upward descending wedge and is moving in a local upward pattern.
On the 4H Timeframe, the price entered the bullish zone and broke through the resistance.
The stock formed a bearish divergence on the 1H Timeframe, but it also consolidated above the 200MA.
I think EOS may correct a bit, but I expect growth while holding the current support level.