EOS/USD Secondary trend. Wedge. Price lows. 13 10 2023Logarithm. Time frame is 3 days. Linear for clarity. The price has reached the historical lows of 2017. The descending wedge is in the final phase of its formation. Percentages show adequate medium-term targets from the breakout of the wedge.
Local trend Time frame 1 day.
Major trend Time frame 1 month. (published 1.5 years ago)
EOS/USD Main trend. Channel
J-EOS
EOS/USDT Local trend 15 07 2023Logarithm. Time frame is 3 days. Near the zone of historical lows. Asset accumulation zone.
This idea, is an update of a previous local work idea (11 local work updates (the entire zone of this accumulation.)
EOS/USD Local work. Reversal zone. % Published one year ago on 29 07 2022
Local reversal zone .
Important mirror resistance level (former support) marked in yellow color. Percentages from the reversal zone to key local support/resistance levels are shown for clarity and general picture.
Local trend Time frame 3 days. Linear for clarity.
Major trend. Time frame 1 month (published 29 07 2022) All up to date.
EOS/USD Main trend. Channel
Secondary trend. Time frame 3 days (published on 07/29/2022) All up to date.
EOS/USD Secondary trend.
The basis of trading is logic, mathematics and psychology, if even simpler, a trading strategy built on the ratio of risk management, that is, discipline and logic, which is a reflection of human personality (psychology of behavior).
Everything is much simpler... After all, in 95% of cases it is known in advance where the price will go with a high probability... but most people do not see it, or rather do not accept it, because they want to see what is profitable for them... and not what is actually there.
EOS/USDT Bullish Leap from Support Zone? 🚀EOS analysis💎 Paradisers, brace yourselves for a promising trading opportunity with #EOSUSDT, currently nestled in a crucial support zone and signaling a potential bullish pivot.
💎 Delving into the #EOSNetwork's journey, it's currently on an ascent from significant support at $0.5213. With the price inching towards the resistance level at $0.757, a successful breach and maintenance above this threshold could herald a march towards conquering the next resistance level, with sights set beyond the current bearish Order Block.
💎 Should momentum for #EOS diminish, we might witness a bullish revival from the solid support at $0.725. However, slipping below this marker could lead to a considerable downturn.
💎 On a related note, the EOS community is buzzing with anticipation over the Kelexo (KLXO) presale, attracting notable attention from EOS investors.
EOS is it dead or....EOS Tested final yearly support before Takeoff then did breakout and retested that breakout in a clear textbook way.
Targets: Next is $1.6 zone then correction back to $0.9 then to a higher zone of $5
I don't think this project is dead, it is just people's emotions lost hope in it due to price movement and that is why I think it is a highly undervalued Layer 1 coin.
EOS LOOKS BULLISHIas seems to be inside a diamond diametric that is about to start a bullish wave E.
This diametric started from the place where we entered "start" on the chart.
By maintaining the green range, it can move towards the red range
Closing a 4-hour candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Long-term GoldEOS isn't Bitcoin, but it's one of the OG cryptos.
I put that green box there almost 2 years ago and we bounced right on it. Now, based on ETH and BTC price action, we are looking at downside before the big, big, big wave up. But by big wave up, I'm talking 100x up. Don't ask me what would cause this. The answer is probably something really, really bad like a financial meltdown or huge global hack that shuts down bank accounts (which the WEF has been talking about for years...it literally is the next Covid according to them, so....) What can't be hacked???? Crypto.
You have to hack the internet to hack crypto, or all computers tied to a ledger. So yeah, it could happen and be exactly what they need to roll out a CBDC. Don't forget about that. They won't make you take it, they will make you want to take it. They will do something so terrible that you will demand a CBDC, I assure you. But if they ask you to put a chip in your body to do it...god help you. (666)
EOS to over 50usd price targetTextbook - bullish butterfly harmonic pattern. EOS price target over 50 usd, in best case of scenario.
What may boost price growth:
1. Huge upgrades coming in 2024
2. Recently launched RAM core token to empower EOS ecosystem, a highly scarce token that takes EOS out of circulation.
3. Recently launched stable coins platform, issuance would require taking EOS out of circulation.
EOS a long long but worth it…Good evening friends and happy new year!
Have been looking into my long term holds and will post a few of them for long term trades and investing by holding.
Not interested nor caring about the market dropping, as I believe in the long run it’s a win.
Take a look at it and let me know what you think.
I started this year adding coins to my new long term investments and this is one.
Trade thirsty.
Full-fledged uptrend begins: above 1.870Hello traders!
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(EOSUSDT chart)
The biggest drawback of EOS is that it failed to expand the coin ecosystem.
If the existing community is functioning properly, I think there is a possibility of maintaining the current coin ecosystem.
However, since it is unlikely that additional tokens will be issued to networks that fail to expand the coin ecosystem, it is expected that the coin ecosystem will gradually decrease.
It is necessary to confirm whether there are any moves by the foundation to expand the EOS coin ecosystem in the future.
(1M charts)
In order to see a full-fledged upward trend, I think the price must rise above the MS-Signal indicator and maintain the price.
However, since the currently formed box range is between 1.870 and 40169, the key is whether it can rise above 1.870 unless the box range is formed again.
(1W chart)
In order to rise from the bottom, the price needs to rise above at least 1.331 and hold there.
Accordingly, the key is whether it can receive support above 0.842 and rise above 1.003.
(1D chart)
From a short-term perspective (1D), a volume profile section is formed at point 1.1.
Accordingly, the key is whether the price can be maintained by rising above 1.003-1.1.
As explained in the 1M chart, it is expected that it will completely break out of the bottom zone only if it rises above the 1.870 point, and there is a possibility that a full-fledged upward trend will begin.
If it falls below 0.763, there is a high possibility of entering the bottom again, so caution is required when trading.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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EOS/USDT successful reclaim and breakout from a key resistance.💎 EOS has been a notable focus in the financial market, recently showcasing a successful reclaim and breakout from a key resistance area. Past instances saw EOS undergoing false breakouts, but the current situation appears to be a valid breakout. This development suggests a strong likelihood of significant upward movement, with the probability next target being the bearish OB area.
💎 However, should EOS retreat to the retesting phase and fail to sustain above the support level, which previously acted as resistance, it could indicate another false breakout. Such a scenario might result in EOS reverting back to the demand area.
💎 In the demand zone, a robust response is crucial for EOS. If it fails to demonstrate a significant bounce from this area, there's a risk of breaking down further. This could indicate a shift back to a bearish trend for EOS, potentially leading to a descent towards a stronger support area.
EOS/USD Anticipating a Bullish Turn from Key Support? 👀 🚀EOS💎 Paradisers, let’s zoom in on #EOSUSDT as it’s prepping for a potentially rewarding phase. Currently anchoring at a crucial support level, it is showing signs of a forthcoming bullish move.
💎 Observing #EOS recent performance, it’s maintaining strong momentum above the EMA. If this momentum persists and it continues to hold firm at the key support level of $.0730, we might be in for a bullish ride. A successful hold above this level could see #EOS making strides towards challenging a robust resistance. Overcoming this could further enhance the likelihood of countering the bearish Order Block (OB).
💎 However, in the fluid realm of crypto trading, #EOS traders need to be ready for different market scenarios. If it faces difficulties in maintaining its ground above the $.0730 support, a recalibration of strategy might be in order. This could mean gearing up for a bullish recovery from a lower support at $0.635.
💎 Should #EOS dip below this $0.635 support level, it might suggest a tilt towards bearish market sentiments, potentially leading to an extended downward movement.
EOS / ETHEOS currently has only two options: it's either a SCAM, or it's poised for significant growth. If, for some reason, it can rise to the upper boundary of its current trend channel, that growth could amount to 1800%, potentially bringing EOS back into the top 10 cryptocurrencies. Only time will tell how feasible this is, but currently, EOS appears to be a highly undervalued product. EOS is trading at its autumn 2017 price levels. Its current market capitalization is $800 million, which is more than five times less than the funds raised during its ICO.
There's also a possibility that Ethereum might face some challenges, which could bring EOS back into focus. In Japan, the launch of stablecoins backed by the Japanese yen on the EOS EVM network has been announced. Following all the updates in 2023, EOS's blockchain fundamentally looks much more promising than it did in 2022.
Key aspects of this update include:
1. Ethereum Virtual Machine (EVM) in EOS: The EVM is an environment where Ethereum accounts and smart contracts operate. It acts as a virtual computer used by developers to create decentralized applications (dApps). The implementation of EVM in EOS will enable developers to build dApps and other decentralized finance (DeFi) applications on the EOS blockchain.
2. Benefits of the New Mechanism: According to Yves La Rose, CEO of EOS Network Foundation, the new consensus mechanism will combine EOS's performance with Ethereum's convenience, offering Solidity developers the opportunity to work on a much faster platform. EOS EVM will support over 800 exchange operations per second, which is three times faster than Solana and Binance Coin (BNB), and 25 times faster than Avalanche (AVAX).
3. Strategic Significance: The consensus mechanism update and EVM implementation are part of an overall strategy for the revival and growth of EOS. It also highlights EOS's ambition to attract more Solidity developers and users, improving compatibility with Ethereum and thereby expanding its potential both technically and from a business perspective.
This update could significantly impact the EOS ecosystem, enhancing its attractiveness to dApp developers and contributing to the growth of the total value locked in DeFi applications on EOS.
EOS Network Foundation (ENF) has announced a significant consensus update, Antelope Leap 5.0, scheduled for the fourth quarter of 2023. This update represents the second major improvement in the last eighteen months and includes several innovative features:
Instant Finality: This feature improves the transaction finalization time, crucial for providing a Web3 user experience comparable to Web2. It includes the implementation of aggregated BLS signatures to support the HotStuff consensus algorithm, allowing the combination of multiple signatures and public keys into a single signature and verifying it as a single operation. This significantly improves scalability and transaction finalization time, with most reaching final status within a few seconds.
HotStuff Consensus Algorithm: An open technology developed by VMware in 2018 and later chosen for use by Facebook's Libra initiative, and subsequently by projects like Aptos and SUI. HotStuff significantly expands the capabilities of EOS and all Antelope chains. Introducing aggregated BLS signatures in HotStuff opens the door to features like confidential transactions and additional privacy mechanisms, such as the use of private addresses instead of accounts.
Change in Consensus Mechanism: Leap 5.0 offers the network the opportunity to replace DPoS (Delegated Proof of Stake) with an alternative consensus mechanism, representing a significant shift from EOS Network's original vision to a truly community-governed project. This new mechanism could support greater decentralization and provide improved network security, as well as increased transparency in the transaction validation process. The transition to a new consensus mechanism is expected to enhance network efficiency and make it more adaptable to the changing demands of the cryptocurrency market.
Strengthening Community Role: The Leap 5.0 update also implies increased community participation in network governance. This could include voting on key governance issues, resource allocation, and decisions regarding future network updates. This approach is aimed at increasing accountability and involvement of community members in the EOS network development process.
Technological Improvements: The Leap 5.0 update is expected to bring significant technological enhancements to EOS infrastructure. This may include optimizing transaction speed, improving scalability, and increasing resilience to network attacks. New features that simplify EOS integration with other blockchains and technological platforms are also possible.
DApp Ecosystem Enhancement: Leap 5.0 may also focus on improving conditions for decentralized application (DApp) developers. This could include simplifying the development process, enhancing application security, and providing additional tools for creating more efficient and functional DApps on the EOS platform.
It's important to note that these additions are hypothetical and may not accurately reflect the actual changes or plans for the EOS network update, but the update is indeed significant and long-awaited.
EOS my first big targetIf we look at weekly timeframe, EOS already broken falling wedge pattern
profit target from this pattern is very far at 1.925
but we also have fibonacci 50% at 1.222 as previous resistance
At daily timeframe, NYSE:EOS also perform a nice and strong channel up pattern
target from this pattern at channel up resistance, around 0.923
If we look at hourly timeframe, eos also perform a very trong bullish with curvey wave
nearest target for eos at previous high at 0.843
History is cyclical. So, read this. Bitcoin vs SP500——
Part 1
On the right is the S&P500 index (conditionally 1960-85 years). Bitcoin on the left.
Stocks used to be as much of a novelty as crypto is now. Facts first, opinions second.
Facts:
— 1965-70 years. Green zone
>>> Economic growth, more dollars, assets grow. But the war in Vietnam continues and world economic growth gradually stops.
>>> Now: 2019-21 very strong growth of the stock and crypto market due to dollar printing. Towards the end of the inflation problem and the war in Ukraine. The economy worsened.
— 1970-75 years. Purple zone
>>> The fight against very strong inflation begins. Oil crisis. The USA spends a lot of money on the war in Vietnam. The global economy is not growing (stagnant). Taxes are increasing.
>>> Now: The US and the EU are battling inflation, but it's not over yet. The USA spends a lot of resources to support Ukraine in the war. The global economy is not growing (stagnant). Taxes are increasing.
— 1975-85+ years. Orange zone.
>>> The end of the war. Inflation is still strong but improving. Tax reduction as a new policy of Reagan (USA). General improvement of the global economy.