J-EOS
EOS- Updated chart and LevelsEOS has failed to break back into ascending channel and a dip to support at 1.356 might offer us a good trading opportunity for a short-term trade.
I would be out at 1.344 and know that the next level would be 1,227
Let's see how markets open in Asia this morning.. scary given that Fed rate hike is coming next.
One Love,
THE FXPROFESSOR
Eos trend correction?The decrease in trading volume in eos coin and the formation of twin peaks in the 1-day chart can lead to a price drop to the $1 range, but for the transaction, the price is $1.22.
TIME : 1 days
SIDE : SELL
BUY 0r SELL ZONE : 1.425
TAKE PROFIT : 1.22
STOP LOSS : 1.573
R/R = 1.45
MIDTERM SIGNAL
#CRYPTO
#EOS
EOS | A Bounce From The Pattern May Occur AgainEOS | A Bounce From The Pattern May Occur Again
Price is testing a very strong support area that was tested several
the time during the last months.
The support area located near 1.3670 can push the price up again.
The first resistance will be the first structure that is near 1.8497 and
the next one is the upper part of the bigger structure near 2.7560
Targets:
🎯 1.8497
🎯 2.7560
Thank you and Good Luck!
EOS - final wave in the beginningShort things short:
Coming from the top at $1.95 EOS has done a ABC in 5-3-5 with finishing the C leg at a 4.236 fib
This is the minimum requirement for continuation upwards
Final target remains above $2.20
Hold my beer pls
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No financial advice, do your own research, don't be stupid
💡Don't miss the great buy opportunity in EOSUSD @EosNFoundationTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.418).
. 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 an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 1.574
TP2= @ 1.660
TP3= @ 1.837
TP4= @ 1.947
TP5= @ 2.041
SL= Break below S2
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💡Don't miss the great buy opportunity in EOSUSD @EosNFoundationTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.418).
. 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 an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 1.574
TP2= @ 1.660
TP3= @ 1.837
TP4= @ 1.947
TP5= @ 2.041
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 / Crypto 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 Big PictureKeep it simple in LOG scale
1) 2018 massive bull run
2) correcting since then in a hell of a bull flag
3) bounced off the low 0.786 / 2.618 confluence
What could be next?
a) start a new uptrend and break upper trendline > $12
b) continue correction towards 0.886 level @ $0.60
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
EOSUSD - Inverted H&S Breakout A Large dominant Falling Wedge structure containing a head and shoulders pattern.
This inverted H&S pattern has already formed the left shoulder and the head, with the right shoulder yet to form
I see in this chart the right shoulder leading to a breakout of the overall falling wedge and pushing price up to a very strong resistance point. Shown with the horizontal red line.
EOS cup and handle can rise price to $3#EOS/USDT
$EOS shaped a cup and handle pattern.
now price is below upper line of descending channel that can be considered as handle, and it is the same with neckline.
🐮 break out from neckline or upper line of channel can increase price as high as cup which is around $3.
🐻 break down from 0.5 fib level will invalidate this scenario.
EOS (EOS) - September 8Hello?
Welcome, traders.
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Have a good day.
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(EOSUSDT 1D Chart)
1st resistance: 1.732
2nd resistance: 2.120-20386
1st support: 1.328
2nd support: 0.911-1.003
In order to switch to an uptrend, it must rise above the 2.120-2.386 section.
If it gains support above 1.732, I would expect it to break out of the medium-term bearish channel.
If you find resistance at 1.328, it could lead to further declines, so you should think about countering.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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