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Eosusdlong

EOSUSD (EOS) Pending Wave 2 low for BUY breakout. ELLIOTT W3/(C)EOSUSD (EOS TOKEN) 12 HOUR BARS, 040518, 6:43 pm, EST. Michael Mansfield, CryptoPlayhouse Pending breakout buy ABOVE the recent Wave(I) high of 7.28, or a bit lower for the more aggressive. 1. Selloff since January, while deep, still looks corrective, with wave highs overlapping wave lows, which by definition is corrective in nature, but there are no guarantees in trading! 2. Recent rally from low of 3.87 on March 8th looks to be a clean 5 wave advance off the low. Thus, a potential new impulse trend may be forming that could be a large Wave 3 advance, or possibly a tradable large wave (C) bounce to 9.85-12.50. 3. Pullback from the March 21 high also looks corrective with swing highs overlapping swing lows. 4. Bullish volume spike up from March 18th low to March 21 high, while volume decline sharply during this pullback. 5. RISKS: We are aware of the possible break below blue dotted pitchfork trend-line. If so, that would be very bearish for EOS. 6. BTC cycle analysis suggest intermediate cycle low is due between April 4-10th. if accurate, it should help push things along. 7. BOTTOM LINE: We are positioning for a Wave 3 advance (or large bounce) due to begin within 12-48 hours, else this pullback is more complex. NOTE: Our long-term Bitcoin, DOW and SP500, multi-cycle analysis posts are pending. You will definitely want to see those, so make sure to follow us! ------------------------------------------------------------- OUR TRADE SETUP. We are looking to: BUY: 1 unit @7.35 stop to open (conservative, more confirmation, but bigger stop loss risk); 1 unit @7.12 (more aggressive), BUY ON STOP TO OPEN, for each unit. (And possibly 1 unit on a 15 minute chart pullback IF and once 6.17 is exceeded to the upside. The two day high is 6.14, so watch that closely.) INITIAL STOP LOSS @ 5.11 for the top two main breakout trades. BREAKEVEN AREA @ 9.75-12, so we'll look to take 1/2 profit at break even area, depending on wave pattern and momentum. TRAILING STOP: Will trail stops below lower pitchfork S1 support line, or @ ATR VOLATILITY SAR (not shown, TMI), OCO exit @ smaller upper fork R1 resistance line, OCO exit @ 18.23 profit target, or at largest fork's upper R1 resistance line @ 21.20 area, depending on pattern and momentum. INDICATORS & VOLUME SHOULD CONFIRM BREAKOUT. Do not be fooled into a trade too early just because of this analysis. We wait for the breakouts. If volume does not move up, we reconsider or bail out. NOTE: TRADE OUTLOOK CANCELED IF 4.66 IS BROKEN TO DOWNSIDE BEFORE ANY UNIT IS FILLED. ----------------------- PAST TRADE PERFORMANCE OR ANALYSIS PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. TRADING CAN BE VERY RISKY, WITH POTENTIAL OF LARGE GAINS AS WELL AS LARGE LOSSES. This analysis is meant for purely educational purposes. Any trade you happen to take based on our analysis is for your risk of loss or gain. We have NO liability for your decisions to follow us, here or at another other time, due to what we write or do. Trade at your own risk or not at all. Our analysis is the current opinion of the individual author and can change at anytime without notice to those who may have read this. This analysis is neither investment advice nor a guaranteed science, but rather an informed attempt at predicting future movement based on historical data AND emerging patterns! We genuinely hope that you pick up some techniques and learn to profit along the way. If you find this post interesting and helpful, please click like and share widely. Thank you and good luck!
BITFINEX:EOSUSDLong
by UnknownUnicorn1613901
EOSUSD BULLISH CUP & HANDLE, WEDGE IT EITHER WAY!EOSUSD (EOS TOKEN) 120 minute bars, 040718, 5:00 am, EST. Michael Mansfield, CryptoPlayhouse EOSUSD BULLISH CUP & HANDLE, WEDGE IT EITHER WAY! This is an update an idea we published yesterday and its looking like: 1. MAVs are starting to round up. 2. It gave a tag above the resistance trend-line, yes it held it, but it didn't tank yet either. 3. Very nice CUP & HANDLE pattern that tend to be very bullish. 4. We have a b e a u t i f u l wedge pattern, that you can trade a breakout either way from. I love trades where if by chance you are wrong, you can stop and reverse and almost ___________to get even from one side or the other. and maybe the width of the pattern. STILL TAKES A SKILLFUL TRADER TO PULL OFF. 5. And, looks like another small 5 wave up of this first push. See breakout post or prior post for detailed trade plan, waves, pitchforks, and market cycle. ======================================================= PAST TRADE PERFORMANCE OR ANALYSIS PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. TRADING CAN BE VERY RISKY, WITH POTENTIAL OF LARGE GAINS AS WELL AS LARGE LOSSES. This analysis is meant for purely educational purposes. Any trade you happen to take based on our analysis is for your risk of loss or gain. We have NO liability for your decisions to follow us, here or at another other time, due to what we write or do. Trade at your own risk or not at all. Our analysis is the current opinion of the individual author and can change at anytime without notice to those who may have read this. This analysis is neither investment advice nor a guaranteed science, but rather an informed attempt at predicting future movement based on historical data AND emerging patterns! We genuinely hope that you pick up some techniques and learn to profit along the way. If you find this post interesting and helpful, please click like and share widely. Thank you and good luck!
BITFINEX:EOSUSD
by UnknownUnicorn1613901
EOS to $32 before August Hidden Bullish divergence on EOS Goes back to October 9 when it was at $0.4 Went from 0.4 to 3.8 yesterday when I did the analysis and THATS a 850% growth. Now a divergence indicates that we add the same growth from our $3.8 of yesterday. THAT brings us to at LEAST $32 for EOS !!!! ITS F... HUGE !!!!!! ******************* New Classification in August for Coin market top 10 coins : Bitcoin : 192 739 742 846 BCC: 91 365 696 027 ETH : 64 444 363 336 Ripple: 34 474 091 549 EOS: 28 060 898 695 LTC: 19 992 906 946 Stellar: 16 945 359 425 NEO: 5 437 494 400 Like I explained yesterday in a video, I was trying to quickly analyse each of the top ten coins in order to know what the general market cap was going to do... I ended up with a new classification. I didn't spend a long time and explanations about how I got to this new one and how I calculate the growth of each coins. I basically used divergences. I explain a little bit more in this video. Now, here are the growth I found for the coins : ETH 465 to 650 -> 39.78% (Before August) BTC : 7500 to 11 500 -> 53.33 % (Before August) Ripple .54 to .84 -> 55% (Before August) NEO : 50 to 80 -> 60% (Before August Bitcoin cash 250 to 900 => 260% (Before August) STELLAR 0.030 to 0.17 => 450% (Before august) EOS : 1.8 to 3.8 => 111% Before July / 0.4 to 3.8 => 850% Before September
BITFINEX:EOSUSDLong
by Tradingdeed
2