Parabolic Curve pattern idea for $EOS USDTThis is a personal research and idea for investment. DYOR and TIT...
This is $EOS coin against USDT pair on a daily chart .
ABBREVIATIONS
Parabolic Curve Theory ( PCT )
Price Action (PA)
BTC ( Bitcoin )
T/K (Tenkan/Kijun Blue/Yellow lines)
:::DISCLAIMER:::
This is a long-term pattern that probably will develop exponentially growing price action as it starts to close. It seems consistent to PCT as we get higher highs and posterior ranging at key Fibonacci levels and there's also a sub-base 1, midway to the .236 fib (base 1 or .b1).
See as .b1.1 or as like I call it, sub-base 1 is touched at mid-height from the base of the Parabola to base 1 (.b1)
As I'm looking at this chart and describing my idea I'm very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action wonder outside the confines of the pattern invalidating or at least demanding a reassessment of the idea.
TIME/PRICE PROJECTION
Pattern start: Late-Jan 2021
Estimated end: Q4 2021 (5 months from publishing)
Price tag at time of publishing: 10,3871USDT
Expected price tag at end of pattern: 25USDT
Safe trailing take profit area: I will assess this as the pattern develops.
TECH INDICATORS
Ichimoku indicators:
-Bullish Kumo cloud.
- Span A and B flattening suggests consolidation period.
- PA above Kumo, bullish sign.
- Bullish T/K crossup 5 days ago from this publishing is also bullish.
- Chikou lagging span far and high.
- Parabolic SAR indicates bullish trend.
Trade at your own risk...
NEWS CATALYSTS AND BTC VOLATILITY
No major news upcoming this year related to coin.
Seems affected by BTC dips.
EXPECTATIONS
I expect a completion of the pattern if BTC doesn't pull PA out of pattern. If it does, this idea may need to be revisited.
$EOS at least at 25USDT price tag within months from now.
FINAL NOTE
Drawing may need some minor adjusting as the pattern develops.
Eosusdt
EOS - Correction (As you asked)Market is going through correction right now, but some coins like ETH are recovering.
In my opinion, EOS is recovering too.
Wait until this recovering session is confirmed and then open your long positions... it's alt season so don't panic sell for now.
Wait for the breakout which happens right after the first closure of the 4H candle above the resistance area.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
EOS-USDT possible pitchfork channelHello traders and investors!! 😄👋
I am looking to follow the light pink path and stay in this channel, but it is important to consider more scenarios. There is always the possibility that BTC suddenly crashes and makes this channel invalid, where we would then see EOS fall, possibly to even ~$5.
If we don't follow the latter, I am looking for possible entry at ~8.8 where our dashed yellow support line/50 fib retracement is located. If we fall below the dashed yellow support line, I am looking for next entry at around ~7.9 which would be the bottom of this channel. That being said, I would wait for confirmation that this is a valid channel, and that we do not break out of it before thinking of placing a buy order.
-As long as BTC can maintain in this zone of 54-57k or higher, EOS is a safe cryptocurrency to invest in.
-EOS hit an ATH back in 2018 of 23 dollars.
-EOS is a fast transaction blockchain network compared to many others out there.
Remember, wait until EOS is done correcting.👌
🛑🛑 This is not financial advice🛑🛑
Always keep a stop 🛑🤚💲 loss, and enter trades safely with proper precautions.
Jazerbay ☯
I ANALYZE FOR YOUR COMFORT - EOSCrazy day for EOS, which grew over 60% before enduring a short but rather violent correction. Now the declines seem to have stopped, and EOS seems to have started to recover the lost values. With a little luck in the next half day it will exceed the maximum of the previous day. The alternative would be to continue the declines, but this direction does not seem viable at this time
EOS/USDTTrading suggestion:
Don't rush for buying this coin.
it has more long targets if want to reach but first do your risk management and buy in a safe zone!
I have it when it was in 0.37 and sold 50% in 8$ but I want to reject that 50% of profit now! so don't be rush and buy in two-step and set your stop loss 1 and 2 in short term and long term! TP 1 and 2 is suitable for futures fan ...
Send me a message for more futures and spot signals and more profit , to join in my telegram channel
Drop some feedback below in the comment!
Thanks for your attention 🙏!
Trade well, ❤️
EOSUSDT Broadening WedgeEOSUSDT (DAY CHART) Technical Analysis Update
Broadening Wedge
EOS/USDT currently trading at $10.180
Buy-level: Above $10.00 (only buy if day candle closes above $10.00)
Stop loss: Below $8.40
Target 1: $11.50
Target 2: $13.00
Target 3: $15.00
Target 4: $20.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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EOS/BTC now 163% up from our entry and still potential 2000%#EOS/BTC profit update:-
#EOS currently trading at 1700 Satoshi
And this is above resistance level.
I am still super bullish on EOSBTC
Now 163% up from our entry zone.
Entry:- 700 Satoshi ✅
TP1:- 1479 Satoshi ✅
TPs :- Waiting
Now Resistance 1 became support level.
I told you #EOS is 2250% potential from my entry level.
Support:- 1500 Satoshi
Resistance:- 2565/4103/7174/10579/19442 Satoshi
My resistance = Targets
I also bought with you when I told you to enter.
Still Holding my #EOS bags.
Please click like button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
EOSUSD - New puppet of ElOnmuSkDear All,
An investor group (actual whales) is sharing that EOS is going to be next pick puppet of Elon Musk and like DOGE has gone 100X in last 5 months, EOS is going to at least 200 USD by end of this year. I don't know if this is FUD but I have put few dollars in EOS in case this comes true.
Technically, EOS is going to 25 USD within this year.
Thanks.
EOSUSD
EOSUSDT
EOS Long
EOS Elon Muck