EOS at rock bottom, volume growing. I'm long with tight SL.
EOS was recently rejected from the long term upper trend line, but continues to look decent enough despite the recent dump, with ETH and BTC ratios showing potential. A breakout of the upper trend line with retest is what I'll be looking for.
Look for further downside in EOS next week as the bitcoin market tops out and alts take a further hit.
We caught this trade super easily with our script - we trade on the daily timeframe and only have to do one check per day. Best regards, Grey
Likewise with the alts we see they are getting hammered - and will continue to do so. Perhaps the bankers are destroyiung the alts first before they sink Bitcoin by 2021 to 100USD. Bestr regards, Grey FX Empire
BEOSXBT has reached a consistent line of resistance. At this falling trend line, the bears have been able to sell off and bring price back down to lowering support levels within the downwards channel. Not a whole lot of theorizing to be done. A simple, profitable trade. Many traders will overwhelm you with too many indicators. Most of these are useless. In this...
Just look at those Trend Lines, shows that EOS could reach new high times! Lets wait and see
EOSXBT will return to bottom of channel. Hopefully it will hold. No guarantees.
EOSXBT or BTC has crossed the low trend, and hit back forming an suport and new high trend. Well, that sould be applied on normal market,but what about EOSBTC?
Just a quick scalp on oposition to the trend... very risky.
EOS is currently approaching ascending support of blue channel bottom. Loss will send EOS into yellow channel, which in my opinion is a more likely long-term channel due to shallower angle.
I see two scenarios here for EOS, IF it breaks the ATH, at ~130k sats, we'll have a confirmed C&H. Once it breaks we'll have the last chance to buy it at 130k. IF it doesn't breaks the ATH, it will go back down to at least 100k sat. Let's see how it plays out !
This trade remains HIGH RISK for numerous reasons, one of them being is that Weiss rated EOS B, same as Ethereum which is just wrong, since EOS's main network is not even available yet. Either way, EOS will continue rising up, so the HIGH RISK trade only applied to those who want to make a quick $ in short term. Make sure you follow us to receive updates on this...
Some volume coming in. Looks potentially like the start of B leg to me
Lock your orders equal or below 0.000536 and it's expected to hit this level tomorrow 20th of Dec at midnight max. If you're a day-trader like me, you would be very happy locking it at this price but if you're going long term then it's a good idea to hold for another week because it's gonna get crazy! Comment: Took a swing down from the last idea I published but I...