EOS - Fighting ResistanceJust like Bitcoin and ETH... EOS is also strong.
It broke 2 resistance areas since 48 hours ago and we're still on profit.
If you're into opening long position, wait for the price to cross the resistance or close a candle above that area and then open your positions.
The price still have room to go up even if it wants to form another bearish pattern. let's use it!
Current Market Price: $4.1451
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Eosusdt
EOS 50% to 100% profit coming. Hello trenders,
Eos created a nice trendmark that may be now the new support.
The next push is going up to 6 Usd levels, maybe 8 Usd according to redistribution so that can be light to pump in the coming weeks.
Timeframe need more study but the idea is bullish.
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EOS/USD ($3-$4 Long Term Support?)💎Technical Analysis Summary💎
EOS/USD
-EOS is back to the average price level after the breakout of the long term trendline
-It is currently retesting the $4 support area which is just above the key interest zone
-The recent low is at $3 so we can have a good buy interest down to the point
-Because this can be a good reference of middle support since 2018
-We just need to see if this green area holds its structure for the next 1-3 months
-And that will increase our bullish bias for long term price action analysis
-I will update this idea after a few weeks once new data is developed
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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.
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EOSUSDT 🟢 Ready! Couldn't be betterEOSUSDT is now at the Dip, everything is showing weakness in a bearish pattern. therefore based on our strategy and after the recovery from the support area, we expect EOS to Start the Bullish pattern.
there will be a possible drawback at the first resistance area.
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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
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Im Bullish On EOS in the upcoming daysBINANCE:EOSUSDT
💥 as we can see in the chart, MACD shows a bullish divergence against the price movement (recent lows)
⁉ if the price could break up the bearish trendline and be verified as a valid break in the next candles we could expect to see a bullish trend...
🟢I found some expected target points according to price action + using #Fibonaci projection (trend-based fib).
👁🗨 this is my personal analysis and opinion. :)
💬 so what you think?
EOS - One Target AheadEOS has already passed the resistance and flipped it into a mild support area. so the possibility of getting a bounce from that range is high.
The Bollinger middle band is supporting the price and the buy volume is still high so we can say we might have a sure target if you're looking into opening long positions.
DOn't forget to use low leverages!
Current Market Price: $3.870
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EOS/USDTThe triangle was broken down long before the end of the formation, the rate has already gone to $ 3.7. In the next 2-3 days, the continuation of the decline is allowed, this is indicated by the Chop Zone indicator. In case of going below $ 3.3, we will look for a point to open a long position. The decline is assumed to be smooth, as the Keltner channel lags behind the price.
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ARSHAM- EOSUSDT DAILY CHARTEOS was on a channel but it reached the end of the channel and was not supported there and now it has been able to break the bottom of the channel as well.
and we have support area at 3.531$.
if it is supported there it will try to break the resistance of the channel floor again and enter the channel again but if EOS is not supported t will see 2.95$ and also in the chart when we used RSI we did not see any divergence in it
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