J-EOS
🅱️ Bitcoin, The Stock Market (SPX, NDX, DJI), USDT.D & AltcoinsI like to browse through charts between different markets in the search for confirmations and correlations.
One of my favorite types of confirmations is Bitcoin and the Stock Market.
We know that these have been moving together but Bitcoin is leading the way.
While the SPX is still below its August 2022 high, Bitcoin already broke that price...
Let's have a closer look:
💾 SPX Closes On Strong Bullish Bias +Bitcoin & Bank Crisis
Notice how in the chart above the SPX bounces exactly in mid-March.
On Friday it closed full green with a 10-months high.
The RSI is really strong and all looks good.
If the correlation continues then we are set to start this week green.
Unless the SPX and the rest of the charts I will show you below crash on Monday.
Then we have the Nasdaq, it is the same situation.
Bitcoin has been consolidating but the NDX went ahead.
This alerted me of the SPX moving forward and the rest of the markets as well... See the chart:
💾 Nasdaq Went Ahead | Next Target Above 15,555
The NDX hit a more than a year long high when it peaked around its April 2022 resistance.
Not actually peaked, this is a new bullish breakout just taking place.
The week closed full green.
I am thinking that Bitcoin is set to follow unless the NDX crashes on Monday but so far it looks good.
The DJI stood behind.
While it is trading below its August 2022 high this level has been challenged continually and we know that it will follow the other two indexes, they always move together.
Last week closed full green above EMA10 and EMA21.
See the chart:
💾 DJI
Then we have the inverse correlation with Tether Dominance, USDT.D and this one is a bit more tricky because of the mixed signals.
First, the chart:
Favoring the Bitcoin bulls, we have more than a year of lower highs and what seems like a distribution phase, volume dropping since May 2021, two years.
Weaker signals in favor of the Bitcoin bears is the fact that the weekly session is still trading above EMA10 and EMA21.
We also have the Altcoins that we can use.
What one does, the rest follows; that's one for the bulls.
We also have some smaller pairs and ALTSBTC pairs growing, something not seen when in a bearish phase.
Look at XRPUSDT, it went ahead: ✴️ Ripple's XRP Inverse Head & Shoulders Confirms Higher Low
Litecoin is on a similar situation.
We have pairs such as ChainLink and EOS whom went through a full correction and this is kind of mixed.
If what one does the rest follows, it can mean that Bitcoin is yet to go through this huge correction or that these pairs being weaker dropped more than the stronger ones.
When we take all the signals in consideration, the bulls are on top.
Of course, this doesn't mean anything if you are looking at the short-term... When focusing on the bigger picture, Bitcoin is set to continue growing, higher highs and higher lows in the weeks and months ahead!
Thank you for reading.
I am wishing you a lovely Sunday... Or Monday if you read this after today.
Namaste.
✴️ EOS Update [CLOSE] + ADA, SOL, LINK, Cryptocurrency & The SECWe are closing EOSUSD forever... Let me explain.
Here we can see that EOSUSD broke below its Jan. 2023 low, its Nov. 2022 low and even its June 2022 low.
This is all thanks to the SEC of course but this doesn't change the fact that support is weak on this Altcoin.
We use the bigger Altcoins to trade with leverage because they have less dramatic swings compared to the smaller Altcoins.
If you look at Cardano (ADA) and Solana (SOL) for example, even though they went through the same attack they are still trading within their Jan. 2023 low.
For these two, the Nov. and June 2022 low/support remain intact, which is a strong bullish signal.
We will continue with those but will stop tracking/trading EOS.
Chainlink (LINK) is another one we trade/track publicly and also interesting.
The chart moved below its June 2022 low but only barely and we know this project to recover strong and thus this turns into an opportunity.
We love Cryptocurrency.
Cryptocurrency is here to stay.
We love and support the Altcoins but we won't know how EOS will react while we know the others are ready to recovery, fight and grow.
The younger generations are the future.
Everybody who is younger than 50/60 years is rooting for Crypto and love their smart phones, computers, social media, memes, technology and all that nonsense, while only the old and outdated people want to stop evolution, growth and innovation.
Life is about growth, adaptation and change.
This is true for the political landscape, the financial landscape and everything you can think of.
In the past we used to write letters, in the present we use videophones.
It might be hard to accept but the only constant in this life is change.
Look at your body... It has been changing and it will continue to change.
Now look at your money... It is the same.
In the past we used to use salt, then rocks and Gold.
Then we went to paper and digits...
In the present we use code.
Crypto is code.
Cryptocurrencies are a hybrid.
Not securities...
Cryptocurrencies behave like securities and stocks.
Cryptocurrencies are apps, technology, software.
Cryptocurrencies are intellectual property.
Cryptocurrencies can also be art, just as it can be a game or simply a joke (meme)...
It is a hybrid.
It is a new system.
It is a new technology.
It is something new...
It is not the same old, same old.
Adapt and change!
There is no other choice.
Namaste.
EOS/BTC - EOS: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the NYSE:EOS / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00003446 | 0.00003535 | 0.00003748, and the major support zones can be found at 0.00003233 | 0.00003109 | 0.00002896. Consider entering at the current price zone of 0.00003351 and targeting higher levels.
◰◲ General info :
▣ Name: EOS
▣ Rank: 46
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Poloniex, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: EOS is an open-source protocol designed by Dan Larimer and Block.one to support the creation of smart contracts and decentralized applications (dApps). Its network features a delegated Proof-of-Stake (DPoS) consensus mechanism to help secure the platform while giving it a level of performance desirable for running applications. Through DPoS, EOS offers greater scalability and transaction throughput than traditional blockchain networks, but to a certain extent, it relinquishes complete decentralization and censorship resistance.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00003351 ₿
▣ 24HVol: 15.304 ₿
▣ 24H Chng: 1.453%
▣ 7-Days Chng: 0.37%
▣ 1-Month Chng: -3.69%
▣ 3-Months Chng: -15.36%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00003446 | 0.00003535 | 0.00003748
◢ Support: 0.00003233 | 0.00003109 | 0.00002896
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -1.57
▣ Last 90D: -1.24
▣ Last 1-Y: -0.08
▣ Last 3-Y: 0.19
◲◰ Volatility :
▣ Last 30D: 0.52
▣ Last 90D: 0.59
▣ Last 1-Y: 0.82
▣ Last 3-Y: 1.12
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.66 - Bullish
▣ Reddit sentiment score is 0.70 - Bullish
▣ In-depth EOSBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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EOSUSDT at daily resistance, likely to break and head to 0.98-1The price lost the weekly support WS1 and claimed it back. And then came daily resistance which pushed the price down which resulted in the retest of WS1 zone and price bounced again to DR1 and currently trading around/inside/above it. This DR1 zone has pushed price down several times but this time looks like the price has momentum to break it which is also evident from the price action. So in case it breaks which is likely, the price is going to head for WR1 zone 0.985-1.00.
EOS 1$ Hello everyone, today I analyzed the EOS coin, and it looks very interesting. We are currently in an ascending channel with accelerated accumulation. Overall, the entire market seems to be in an upward trend at the moment, but locally. I have highlighted it on the chart, followed by a reaction of growth. I have also indicated the resistance level and the level for position fixation.
Wishing everyone a successful and profitable day!
🔥 EOS Oversold Double Bottom Bounce: High Risk/Reward! Like most cryptos, EOS is currently seeing a bullish bounce after weeks of selling. There's two reasons on why EOS might see a strong bullish move coming in the near future.
- The daily RSI has reached oversold.
- The price has found support in a 1 year old support area.
Wait for the price to close above the 0.92 level, which is a short-term resistance. Target is placed at the recent highs. More defensive traders could move their stops to break even and/or take partial profits around $1.
✴️ EOS Activates Long-Term Important Support (10X Bullish)This is one of the greatest charts around...
Corrections are great.
Bear markets are also great because they open up countless of opportunities for smart players.
Imagine how hard it would be for us to buy at all-time high prices.
You know how hard it is to be inspired to buy when the action is already on-going or at the top?
We have two important support levels/lows mapped on this chart with a light blue spaces and dark blue dashed lines.
The June 2022 low and November 2022 low.
When the June 2022 low was activated a 137% bullish wave followed.
When the November 2022 low was activated a 69% bullish wave followed.
We trade the "big" altcoins with leverage because they don't move as much as the smaller altcoins, so you need leverage to maximize profits. Leverage/margin will also increase risk but once you have experience this is nothing, just part of the game.
Once you learn and accept that losing as just as normal and common as winning, you can apply your strategy and enjoy the results that you get.
EOSUSDT just activated the June 2022 low and is already bouncing with force.
We are active with 10X.
Some people are crazy and use 15X, 20X and so on.
Others are more conservative and use 8X, 7X, 3X and below... That's great, whatever works for you.
Spot trading is also great.
I always tell my people to trade spot for 1-2 years first and only after you've been doing spot successfully for a year or two move up and play the more complex game.
If you can't double $100 USD, you won't be able to double $1,000 USD.
If you can't make money with $1,000 USD, you won't be able to make money with $10,000 USD.
Start small and grow... If you have your emotion under control, live a healthy life then you can do whatever you want and this game cannot affect you.
But if you are in need, if you need "money fast" or to "get rich quick" then run! The market will take everything from you and then some more.
The quicker/faster you think you need to win, the more time you need to take to learn.
The more detached you are from the whole situation, the more risk that you can take.
It is all a psychological game.
Yes, buying the right pair at the right time is important but without the right mindset, you will sell wrong and do something to mess it up, but if you are sharp and healthy, you can even make mistake, accept them, learn from those mistakes and move on.
Take responsibility for your actions and never blame anyone.
If your broker/exchange plays dirty, withdraw a portion of your capital, diversify and just be smart.
It is still early... This is just the beginning, wait until you see/experience 2025 and 2024.
It will be great!
I will be here for you, reading the charts and I hope to count with your continued support.
It is always my pleasure to write for you.
Thank you my friend.
Thank you for reading.
See you or hear you, feel you on the next one.
Namaste.
EOS/USD 1W. Basic trend. Potentials and manipulations.Here's the EOS/USD 1W Chart on Bitfinex(long history).
Right now we can see the horizontal channel forming. In this channel harmonic pattern on daily TF formed and worked out the first target, which is the middle of this local horizontal accumulation channel, in terms of 1w TF.
Now we're near the support of this channel 0.86$. Recently the big amount of EOS were deposited on the exchanges.
Showed the classical potential manipulation - look.
On the bottom we have the support zone. Also it's 0/61(16)$ zone which often acts as bottom.
This 0.61$ zone is -25% from the current support which is basic percent for pulling out stop losses.
Though, if the market gives an "opportunity" it can dump further. The global support is 0.5$. This is also a possibility.
And if on the moment it's very scary - the price can drop up to 0.36, which is also -25% but from the main support 0.5$. It will be 0.36 $ zone.
Still, the potential is very good. Shown the potential distribution(local distribution) zone on chart.
Those are - 2.5$; 5$ and then maybe 15$ but probably not in this local cycle.
You can potentially work martingale in this type of situation, which means buy more if price drops.
EOS the only real A.I application network? Opinion:
The EOS blockchain is recognized for its scalability and versatility, making it a suitable platform for future AI integration. It allows AI systems to function more efficiently, with greater transparency.
Decentralized AI applications, or DAIs, can be developed on the EOS blockchain. These applications use the blockchain's transparency and immutability to resist manipulation and censorship. They can be used for a variety of purposes, such as improving privacy in AI systems, enabling peer-to-peer AI services, and creating open-source AI models.
For example, a company could use the EOS blockchain to develop a DAI system that provides personalized AI services while ensuring users retain control over their data. This could be applied to personalized advertising, with the EOS blockchain ensuring data security and ad generation transparency.
The EOS blockchain also allows for the development of autonomous economic agents (AEAs) - AI systems capable of independent economic tasks such as buying and selling, contract negotiation, or asset management. One application could be a decentralized autonomous organization (DAO) on the EOS blockchain that manages digital assets based on predefined rules, with all transactions verifiably recorded.
Furthermore, the EOS blockchain can be used to develop AI-powered smart contracts. These self-executing contracts can respond to a wide range of scenarios. An example is a supply chain management contract that uses AI to predict supply and demand trends and adjust strategies accordingly.
In addition to this, the EOS blockchain supports various programming languages, including C#. C# is commonly used in AI and machine learning projects due to its robustness and extensive library support. Developers can use machine learning libraries, such as Accord.NET and CNTK, to implement AI functionalities in EOS-based applications. C# also supports parallel and asynchronous programming, which meets the high-performance computational needs of AI applications on the EOS blockchain.
By integrating C# with the EOS blockchain, developers can create scalable, efficient, and transparent decentralized AI applications. The EOS blockchain's scalability and versatility, combined with its Delegated Proof-of-Stake (DPoS) consensus algorithm, make it suitable for handling large volumes of data and complex computations associated with AI applications.
In summary, the EOS blockchain provides a robust platform for AI applications, from decentralized AI services and autonomous economic agents to AI-powered smart contracts. As AI technology continues to progress, we can expect more AI applications to be developed on the EOS blockchain.
Notes on how I personally use my charts/NFA:
Each level L1-L3 and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
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EOS/USDT | huge falling wedge🟢 Entry price: from now at 1.036 to 1.03
🟢 If you are looking for more safe entry point, you can buy the breakout above 1.065
🎯Targets:
|> 1.196
|> 1.326
|> 1.469
|> 1.607
🔴Stop-loss: Daily candle closes under 0.942
➡️Recommended risk: 0.25%
➡️Recommended total Positions Size: 1.5%
EOS CAN MAKE A CORRECTIONHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the EOS symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
How deep will EOS go? +40% after correction.Hello everyone! At the time of writing this idea, EOS has broken the strong 0.382 Fibonacci level.
We can expect a further decline to the next Fibonacci level of 0.236. The entry point can be sought in the range of $1.03 to $0.97.
This is not a financial recommendation, and everything you do is done at your own risk.
EOSUSDT ready to 🚀🚀#EOSUSDT
RSI showing bullish EMAs showing a bullish move MACD is showing bullish Ichimoku cloud is neutral ZELMA is showing uptrend-move Accumulation distribution is neutral Fib retracement is showing bullish
we are in over sold area in daily chart time-frame and we have powerful support zone i expect the price will fly to the target at the chart buy and hold it to the next targets at the chart
EOS/USDT Long. Good News.EOS Network receives BMV:60 million investment and partnership from DWF Labs
🏢 The investment company DWF Labs announced a partnership with the EOS Network (eosnetwork.com) Foundation (ENF), which involves an investment agreement worth more than BMV:60 million. The essence of the agreement is the purchase of HKEX:45 million worth of NYSE:EOS coins and an investment of $15 million in businesses and projects based on EOS.
💡 The timing for this collaboration is very good, as on April 14 EOS Network introduced the EOS Ethereum Virtual Machine (EVM), which outperforms Polygon, BSC and Avalanche by providing more than four times the number of swaps per second.
EOS seems to be bullishHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the EOS symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You