EOS Soon to break out ?Here's a quick looks at EOS 2 hr chart. as we can see, The price has been oscillating within a bigger ascending triangle for some time now, and there's not long before we a breakout here. When it breaks out, we might see a 8$+ EOS! Keep an eye on this one!
The idea is: Buy the breakout from the triangle and sell at the target areas shown in the chart.
Targets:
1. 7.5$
2. 8.5$
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Eosusdt
EOSUSD BULLISH ASCENDING TRIANGLE#EOSUSD is making a bullish ascending triangle formation, in the 4h period. Because it is on a upper trend, we can expect a breakout upwards. To open a position, we have to wait the breakout and a possible re-test. This is not a financial advice.
💡Don't miss the great buy opportunity in EOSUSDTTrading suggestion:
There is a possibility of temporary retracement to the suggested support line (5.5830).
. If so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EOSUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 6.4040
TP2= @ 7.1100
TP3= @ 7.5300
TP4= @ 8.6200
TP5= @ 10
SL= Break below S2
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💡Don't miss the great buy opportunity in EOSUSDTTrading suggestion:
There is a possibility of temporary retracement to the suggested support line (5.5830).
. If so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EOSUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 6.4040
TP2= @ 7.1100
TP3= @ 7.5300
TP4= @ 8.6200
TP5= @ 10
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment. Let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EOS/USDT - Potential Buy at Reentry CSAK Buy H4Technical analysis based on Basic BBMA strategies( Bollinger Band and Moving Average) & Fibo Musang . This is just a prediction where the market price go. TAYOR( Trade at your own risk)
Deduction: Since there a breakout on previous high daily and close as momentum buy,, there a chance for the price to fly to 7.4usd per EOS. Good luck.