Eosusdt
EOS/USDTEOS is currently in a strong uptrend, whether or not the resistance is broken, depends, amongst other factos, on bitcoin breaking 42k. I've made different tp:s based on volume, momentum and trend. You may use this as a guidance to your investing strategy. As you already know, there's a descending wedge on the weekly time frame, which favours EOS/USDT.
EOS Midterm trade 229% profit plus long trade Mi term and long term trade set ups for EOS.
Buying now would not be a bad idea, the price action has already popped out of the falling wedge consolidation pattern which is a continuation pattern. If we are going up and we break out of a continuation pattern to the upside you should consider the most likely price targets will be in the same direction of the over all trend.
In this chart I have charted a mid term falling wedge pattern bringing the price to $12.51 and a longer term trade of a rounded bottom to the price target of $28.60. The mid term target will be hit between 1-3 weeks, the long term target will be hit between 2-5 months.
Eos Sideways action for a while or if BTC drops Eos will drop out of this area and potentially sit in 2 dollar channel again.
Lots of fud against Eos, but Eos spreads lots of bs.
Bullish may come to fruition or it may not and whether that actually aids EOS is up in the air.. Either way it's a really Risky investment, but nothing ventured, nothing gained. I think Eos doesn't see ATH anytime in the next year, we stay below $15 and that's the great outlook. Keep your bag, but bag more from other projects in the space that will go 20,30,40,50x vs Eos 3-4x.
EOS entry setup, Long or Short?All the market is in bearish phase but I draw both LONG and SHORT scenario for U.
EOS is moving in a big channel and for now EOS has made a wedge pattern which u can take position based on wedge pattern breakout.
See the chart for full details.
Note that u must enter after breakout and in Re-test or pullbacks
Your Likes and Comments are the best thank u
GOOD LUCK
EOS - Trade SetupEOS is also Neutral.
Right now that I'm posting this chart, I can feel the market is going through a little correction. The lower Bollinger is pushing the price up.
Also those 2 support areas can hold the price up. if you're into opening long positions, here is a setup for you.
Wait for the price to cross that resistance area and right after the closure of the first 4H candle above that line, open your long positions and aim for that TP.
I'll keep this chart updated.
Current Market Price: $4
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EOS/USDT reveiw: High Probability Breakout soon ✅What Is EOS?
EOS is a platform that’s designed to allow developers to build decentralized apps (otherwise known as DApps for short.)
The project’s goal is relatively simple: to make it as straightforward as possible for programmers to embrace blockchain technology — and ensure that the network is easier to use than rivals. As a result, tools and a range of educational resources are provided to support developers who want to build functional apps quickly.
Other priorities include delivering greater levels of scalability than other blockchains, some of which can only handle less than a dozen transactions per second.
EOS also aims to improve the experience for users and businesses. While the project tries to deliver greater security and less friction for consumers, it also vies to unlock flexibility and compliance for enterprises.
The blockchain launched back in June 2018.
The EOS platform was developed by the company Block.one, and its white paper was authored by Daniel Larimer and Brendan Blumer.Larimer is a software programmer who has also started a series of crypto ventures. and Blumer is a serial entrepreneur, and one of his earliest ventures involved selling virtual assets for video games.
What Makes EOS Unique?
To an extent, you could argue that EOS aims to create familiarity for its users. Whereas EOS. IO is probably best compared to an operating system like Windows or iOS, EOS is the cryptocurrency that drives the network.
According to the company, it has the capacity to accommodate the demands of hundreds, if not thousands, of DApps — even if they were being used by substantial numbers of people. Parallel execution, as well as a modular approach, are said to drive this efficiency.
In a unique twist, token holders have the ability to vote for block producers — as well as other matters such as protocol upgrades.
Unfortunately, some of the most distinguishing features of EOS are those that certain critics dislike the least. There are those that argue that extensive Block.one’s involvement with this project means it’s rather centralized — and some argue this is the opposite of what blockchains and cryptocurrencies were meant to achieve.
Concluding remarks
This cryptoCurrency (EOS) has been developed to facilitate efficient and scalable decentralized applications. Blockchain IAS includes an operating system such as a set of services and functions that acts like the Atrium platform.
From the point of view of experts and analysts, the future of eos is very bright . In the coming years, the price of eos will see an upward trend. So if you are thinking of investing in cryptocurrencies, it can be a good option for you.
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✅TECHNICAL ANALYSIS
We got the last move for EOSUSDT ... Here we go again.
We have prices for EOSBTC moving back above EMA50.
The RSI is strong near 50 and we also have a higher low.
Also, as you can see in the picture, there is a divergence between the RSI index and the price, which indicates the saturation of sales and price returns.
The next move for EOS goes up.
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades.
Update For EOS/USDT Analysis
Although the EOS was able to reach the targets specified in the previous analysis (more than 600% profit), but it didn't succeed to perform better than Bitcoin and Ethereum , if the rally continues, we can hope for its bull run again .
✅TECHNICAL ANALYSIS
As you can see in the weekly time frame for EOS/USDT, the price is trading around 4.2 $ .
EOS has been fluctuating between the two supply and demand ranges since December 2017, and it seems that it can fluctuate in this range at least in the medium term, but it is likely to escape upwards from this range as well. It is now in the range of support and demand, which can be in this range for a short time, but if the weekly candle can be above EMA 20, 50 and 100, We'll see an upward movement.
EOSBTC CHART:
EOSETH CHART:
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💥(Anyway, my constant suggestion to my dear community is to buy step by step ( in a few steps) , With considering risk management , Because this crazy market is very volatile than you have never seen in any other markets .)
💫(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.💯
🙏with Best Regards and successful trades❤️
💜 if you like my analysis, give a big thumbs 👍 and drop a comment
EOS - Resistance (Update)EOS too, is fighting resistance as predicted and now is consolidating around that area.
It might see a bit of price drop but the support areas can hold the price up.
I'll get keep this chart updated for more info.
If you're into opening long positions wait for the price to pass the resistance and then aim for the TP areas.
Current Market Price: $3.94
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