EOS/USD Potential Ascending triangle ASCRNDING TREIANGLE ( Top flat, bottom rising) = Trend continuation pattern.
Wait for a Breakout .
HOW TO IDENTIFY AN ASCENDING TRIANGLE PATTERN .
The ascending triangle is fairly easy to spot .
Uptrend: The market must be in an uptrend before the ascending triangle appears.
Consolidation: The ascending triangle starts to take on its form as the market enters the consolidation phase.
Rising lower trendline: While the market is consolidating, a rising trendline can be drawn by connecting the lows.
This ascending trendline shows that buyers are slowly pushing the price up – which provides further support for a bullish trading bias.
Flat upper trendline: The upper trendline acts as resistance. Price often approaches this level and bounces off until the breakout eventually occurs.
Trend continuation: After price posts a strong break above the upper trendline, traders will look for confirmation of the pattern via continued upward momentum.
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and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
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Eosusdt
EOS Broke Out From The Small Bull FlagHello everyone, if you like the idea, do not forget to support with a like and follow.
As you can see from the chart we successfully retested the green uptrend channel that we were broke down and now we formed a small down trend channel (red) that we broke out of it.
The target that we break up is the 0.886 fib level on chart, but be careful of a double top if we dont break 4.2$
Also we broke out of the downtrend that we were on RSI , we can expect a retest of the broken trend line before continuing up.
Its the weekend and typically not much happening, stay tuned as the market moves i will be updating the post.
Thank you for reading my post, have a great day, wish you all the best !
Information provided is only educational and should not be used to take action in the market.
Feel free to ask anything in the comments :)
Eos Ascending Triangle Will Get Us To New HighsHello everyone, if you like the idea, you can support with a like and a follow.
On the chart we are seeing an Ascending Triangle formation a simple setup.
With a successful break of the resistance the target is 8.30 $
It's important to see the trend line that is acting as a support to hold for a bullish continuation.
Don't forget to protect yourself with proper Risk Management.
Information provided is only educational and should not be used to take action in the market !
Feel free to ask anything in the comments or send me a message !
Thank you for reading my post, have a great day !
EOS BLOOM OR DOOMEOS has been coiling under resistance for several months, and has been significantly underperforming the rest of the alt-majors while a lawsuit is looming. EOS is currently challenging an important trend line here while BTC is rallying. This is IMO a great spot for a good R/R play. Keeping stops tight.
EOS/USDTEOS/USDT was moving in a downtrend but broke past it this month, since the breakout it surged pretty good but was rejected from the RESISTANCE ZONE. Another retest to the resistance zone is certain. All the lvls are mentioned in the chart.
DISCLAIMER :- I am not a Financial Advisor, this chart is shared for educational purposes only (DYOR).
EOS/BTC - The sleeping giant awakesEOS/BTC chart has just produced two green dots at the bottom signaling strong upward momentum on a weekly timeframe. Every time these dots have appeared the price action has produced astounding results. Also, EOS/BTC just conquered the 21 week EMA. If we manage to close the week above 0.0001134 this will confirm our first signal.
This coin shouldn't be slept on!!!
*not financial advice*
EOS has been very promising, and it tends to continue! EnjoyTechnical analysis regarding the price of EOS in relation of dollar Binance for the next scenarios, based on daily movement.
Price moving upwards, gaining strength in the MACD, with a strong buying mass driving it, and the 34 period EMA guiding the price, taking a parallel distance from the 89 periods. Price retracted in the 0.618 Fibonacci Extension region and in my perception, it will seek out the targets projected on the graph. What is your vision!?
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
EOS/USDT : Breakout on low TF BINANCE:EOSUSDT
Hello everyone 😃
EOS had a breakout from bullish pennant and now it's taking hold above it.
Volatility is being bullish and now it's going having a bullish crossover..
Also on higher timeframes it's going to have a bullish crossover !
📌We expect a retest on pennant's higher line and then we might see the continuation of EOS's growth.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
EOS USDT Could be freaking huge Adam & Eve setup +80% potentialLooking at EOS/USD chart we are at local top, but from bigger perspective, price might see another rise during eos/btc surge.
EOS targets remaining at 5 and up to 9$.
Make sure you following risk management, do not trade without stop loss. EOS highly speculative asset, which can go to 0.01$ (at least there is some chances) so make sure you not buying for holding without stop loss.
Stay safe
Best regards
Artem Shevelev
EOS all set for another flight!EOS is refuelling and is all set for another flight. Previously, it has successfully demonstrated Expanding Falling Wedge patterns and was successful in reaching the price targets. Here is our very own ascending triangle forming which is a super bullish pattern.
#EOSUSDT
7.06 entry
Take Profit 1: 7.6
Take Profit 2: 8
Take Profit 3: 8.7
Stop Loss 6
#SyedMuneebAli