It seems that the status of this currency is not interesting .Considering the unconfirmed head and shoulder formation in this currency and the price hitting the bottom of the right shoulder in the daily time, it is concluded that there is still a small correction left. Therefore, there is an upswing in the four-hour period to the price of 1.105. Your profit limit is currently 1.105.
Eosusdtradingidea
EOSUSDT TREND LINE ANALYSISNice to meet you, everyone
I'm an alt trader
I'm analyzing and recommending things that are similar to my personality among many alt coins
----------------------------------------------------------------------------------------------------------------------
EOS has long shown unpredictable movements. There were no sections that were supported and resisted a lot, so there were more angles of trend than this, but four types were drawn for those who were unfamiliar with the construction.
The candle shows a sharp decline, falling below the thick purple line five times.
Investing in EOS is at least safe when you break through the thick purple trend line and test it, or when you rise above the thick red upward trend line.
EOS/USDT TRADE SETUPHi guys, This is CryptoMojo, One of the most active tradingview authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
BABYDOGE is making this falling wedge pattern.
Entry- $2.1 - $2.03
TARGET- 70%
SL- Break and close below $1.9
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
EOS 1D Warning, sellers activating, possible correctionOur previous short-term idea on EOSUSDT fully fulfilled the goal and even exceeded it by a notable degree.
Write in the comments what news or events could help the price of EOS rise so much.
Let's look at the EOSUSD chart on a larger time frame today
The EOSUSDT price has reached the upper border of the channel, which has been stretching since mid-2019. On the daily candle, sellers began to fight back, drawing large shadows, the struggle continues.
If there is no strong news background, then according to the laws of TA, the price of EOSUSDT should start the correction.
Below, in the area of $5-5.50, there is the middle of the above-mentioned channel, and at the same time, there is a powerful liquidy zone, where the price has stopped twice before.
So, it is in this liquidy zone that a correction should be expected.
If sellers lose the fight, and buyers prove their strength, and the price of EOSUSD itself can gain a foothold above $13 , then the next target from above will be $16
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea " boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
eos usdHi, Milad Ekrami, in my opinion, this digital currency has attracted a lot of money, and according to Mr. Elliott's rules, it must complete its 5 main waves, and so far it has created its first wave, and by correcting the 4 bitcoin wave, this The currency of Wave 2 has taken its toll and we will expect a sharp rise that we will name Wave 3 and target with the help of Fibonacci percentages.Hi, Milad Ekrami, in my opinion, this digital currency has attracted a lot of money, and according to Mr. Elliott's rules, it must complete its 5 main waves, and so far it has created its first wave, and by correcting the 4 bitcoin wave, this The currency of Wave 2 has taken its toll and we will expect a sharp rise that we will name Wave 3 and target with the help of Fibonacci percentages.
EOSUSDT Double Bottom Pattern hi to all traders
according to the double bottom pattern and the symmetric growth parameter.
i expect the pattern to be complete...
and I expect the price to touch newer than before and
continue to grow at the rate of the second triangle and then correct the price
if you're agree hit the like bottom and follow my account.
the information provided is not trading advice but an informative analysis of the price movement
continue to grow at the rate of the second triangle and then correct the price
EOS: Head and Shoulders Continuation Pattern 1D (Jun. 1)X Force Global Analysis:
Unlike other altcoins that have shown strong momentum during their bullish rally, EOS has been rather quiet, showing only steady growth. In this analysis, we explore EOS' bearish probabilities, mainly based on its head and shoulders continuation pattern.
Analysis
- The first thing we note in this chart is the head and shoulders pattern
- While many traders recognize this pattern (and the reverse head and shoulders pattern) to be a reversal pattern, it can also function as a continuation pattern
- In this chart, we have seen strong bearish pressure, and a downtrend before bouncing off support to form a head and shoulders pattern
- The neckline is at around 2.4 USDT, and the ascending trend line support is still intact
- The two shoulders have formed as a rejection from the 0.236 Fibonacci retracement resistance
- A break down from the neckline support and ascending trend line support would provide confirmation for a move down to the 0.786 Fib support.
What We Believe
Given that the bitcoin dominance chart looks bullish, it's reasonable to assume that probabilities for a bearish case remain high.
Trade Safe.