Shorting Opportunity for EOSShorting Opportunity for EOS.
Currently in a RISING WEDGE which is a bearish indicator
RSI nearing overbought
MACD Showing Bearish Divergence
BTC Running rampant ruining everything
Happy Shorting.
EOSZ18
EOS Token (EOSZ18) on BitMEX Going Bull (80% ROE)EOS Token (EOSZ18) is looking bullish after a strong drop. Let's take a look closer look at why.
EOS Token (EOSZ18) Chart Analysis by Alan Masters
We can see a huge increase in green volume after the 7th Dec. drop. This is true on both time frames (4H and 1D).
The RSI has come out of oversold and is already on the bullish zone (4H TF).
Now trading above EMA10 with good momentum.
MACD is also showing good momentum.
RSI is massively oversold on the daily time frame (right hand chart).
We have a hammer candlestick followed by a good volume bounce.
Bullish action expected for next week.
A close below stop loss would invalidate these signals.
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Thanks a lot for your continued support.
Have a great week ahead...
Alan Masters here...
Namaste.
Short Set-Up for $EOS on BitMEXRejected at resistance and 4H bearish order block and swept the highs.
EOSZ18 Upcoming Long. Wait for confirmation.EOS has dropped a lot since my SHORT call day before. How amazing would it be if we can get ride it back.
No trade zone on 4hrly is building up on EOS.
Which means that reversal is close.
But it doesn't mean that the reversal is on next candle.
It could keep dropping during no trade zone.
I'm going to keep an eye on it and wait for a confirmation from next 4hrly candle before LONGing it.
EOS/BTC LONG DESCENDING TRIANGLE
LONG 0.0006700 - 0.0006650 AREA
TRIANGULO DESCENDENTE
LARGO 0.0006700 - 0.0006650 AREA
EOS Breaking months old descending triangle.This can be traded on any exchange including Bitmex.
But remember prices of Bitmex will be different as compared to prices on Binance.
I'll be trading EOS on Bitmex. Charting here due to lack of historical data on Bitmex Chart.
EOS has been forming this triangle for a while now. Has made multiple attempts to break the top.
FAILED!
I'll be SHORTing it on Bitmex.
Prospective Targets are next supports - 7300, 6200 and 5300
EOS : Bullish Pennat Long Opportunity 12% !!EOS Complete his Pennnat Formation & Now We are Ready to take Entry Breakout Points then we can Set target as well as Poll Height.
Set Stop Loss own RR Ratio.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
$EOS #EOSZ18 - Quick Bitmex TA - Day Trader ExplainsHello Lads and Ladies,
NR5 now
EOS.. omg EOS..
Trends hold, pump sideways, pump sideways, rinse and repeat..
Bullish as hell with a close at 38.2% fibs.. I will bet on a little more sideway movement and then lets go close above 9000..
Look at the chart, nothing more to say..
Cheers TJ
