The decline could continue to the previous ATL!EOS had a range trend last week, and the price of this currency, as it is in the weekly time frame in the descending channel, hit the bottom of the channel in the daily time frame with the selling pressure that started from the $1.20 range. Even today, this floor is broken. Again, the price has hit one of the important supports in the daily time frame, and this range has been associated with a positive reaction. The support is in the price of 1.03 to 1.04 dollars. This range has been the reversal zone in the past on the four-hour time frame.
But as long as this support range is maintained, there is potential for price reversal. Also, if the price returns above the range of $1.10 and breaks the resistance of the downward trend line in the 4-hour time frame, the price growth potential will be provided to the target of $1.16-1.17. But if the selling pressure increases and the support are broken, the decline could continue to the previous ATL range at $0.815-$0.854.
Eosusdt
#EOSUSDT bearish Double Top patternTrade setup: After a promising run, price was rejected 2x near $2.00 resistance zone, forming a bearish Double Top pattern, then broke below $1.40 key level and reached $1.00 support. Price needs to break above 200-day moving average (~$1.30) and above $1.40 horizontal resistance to complete a trend reversal. (set a price alert).
Trend: Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
OBV (On Balance Volume): is flat, indicating that volume on Up days is equal to volume on Down days. Hence, demand from buyers and supply from sellers are in equilibrium
Support and Resistance: Nearest Support Zone is $1.00. The nearest Resistance Zone is $1.40 (previous support), then $2.00.
EOS Long in Daily, three targetHi, Here is the our analysis from EOSUSDT, so price hit the bottom at a major support level and bounced back,
so If we draw our next few resistance and at the same time we put FIB retracement we can see have the possibility of the price to hit 0.5.
at three different stage, First 1.15, next 1.30 & then 1.38- to1.40.
EOSUSDT (Local Signal)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 1.2 and 1.3
Stop: ~0.98 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
EOS : TODAY CAN BE THE DAY THAT WE ARE GOING TO SEE THE INCREASEThe next 24H can be very important for EOS.
And the same time we know also that it's a very important day for crypto.
EOS can shows coming time a great increase trend since it did break on our algorithmic tool for the low time frame increase.
For this reason interesting to follow EOS coming time.
EOSUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target: 2 - 2.4 and maybe 3
after first target reached move ur stop to breakeven
Stop: im w/o stop (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
EOS what next?EOS was a fairly popular project in 2017, 2018 and then quickly sank into the past when it was continuously surpassed by new projects such as SOL, DOT.... Innovation comes to EOS in early 2022 by changing the entire leadership team, development vision and future direction. On September 21, EOS conducted a hardfork to renew its own blockchain. EOS calls itself independence day. With the market showing signs of recovery, EOS will also take action to push the price up, which is quite evident in the chart structure of EOS.
EOS/USDT Short📉📍 Eosusdt
🔰SHORT
🔴Sell Now or Sell at : 1.064
⛔️Stop Loss : 1.099
🌀Take Profit 1 : 1.038
🌀Take Profit 2 : 1.026
🌀Take Profit 3 : 1.008
P.S. THESE ARE ZONES NOT LEVELS
15m trend looking bearish but has no strength so I am expecting little bit of range like movement
45m trend looking very good for bears.If bears remains strong we can see strong movement downside
2hr short term trend is bearish but long term trend is in the bullish zone so we have to be careful
P.S.THIS IS NOT A FINANCIAL ADVICE
✅️Bigger Picture: 🟩Eos Long Idea🟩▪︎Earlier we Looked At The #BAT pattern On The Eos/usdt pair, D Time frame,Now wanna Take a Look at The bigger picture.
●In This chart (W) we can See a Giant F.wedge
Which Now we are at The bottom of it!
Also It's considerable as #ABC correction..
And This bottom we are Now is 89% down which is Fib Number as you know.
☆So plan is That BAT pattern I mentioned Last Time at Daily (Which is almost complete) Break
And It starts..
¤There Are 2 options:
1.we Reach Through upper band of The wedge, without breaking and continuing The Pattern
2.Reach The upper band and Break It!
-Either way Profit Is on a Bull Side,and Either Way Long is The only reasonable Option,
So Just Give Bears a little Time To pack a 🎒 and
We are Good to Go👍
Good Luck✌️
EOSUSDTHello my dear friends
A twin ceiling pattern has formed for us on the four-hour time frame. We did not have a pullback to the broken level, there is a high possibility of an advance to the specified limits and a pullback and again continuing the downward trend to the yellow area.
We would be happy to hear your comments
EOS (Long Term Analysis)EOS / USDT
EOS is one of my favorite coins , it was in downtrend since may 2021 but this will end soon !
As you can see in my chart its trading in red color descending channel (bear market channel)
If we are looking for good long term buy then there are 2 options in my chart :
1- wait and buy near all time low around 0.5$ ( best buy area if market give opportunity
2- buy after breakout from massive resistance around 2$ ( new bull market cycle)
❤️if you enjoy my long term analysis then dont forget to support my work so i will publish more ❤️