EOSBTC trade ideas
$EOS, broadening wedge formation, Set alerts & wait.$EOS
Showing some accumulation close to ~26.5k sats level (support) on a broadening wedge formation...
UCTS is staying on sell signals across all TF..
I would keep tracking this wedge for a potential breakout as signal of entry toward 33k +
Set alerts & wait.
#EOS
EOS/BTC (Strong Bullish RSI Divergence?)EOS/BTC
-EOS is on a strong downtrend since 2019
-But this time around, the selling pressure started to cool down
-Strong wide Bullish RSI divergence is now signaling
-A potential trend reversal in the near term
-I'm not saying the EOS will go straight up to 5200 sat right away
-It needs to break the local resistance 1st located 3000 sat range
-If EOS does the job, chances of reversal will increase
-Let's wait and see how this coin perform in the following week
Don't Miss Out On EOS, It Will Be Big!EOS (EOSBTC) has been trading at low prices since May...
While looking at the bigger picture, we can the Dec. 2017 support level being activated:
This won't continue for long.
With the entire altcoins market going bullish, EOS will also join and grow strong.
As for the chart, as it is today, we can see strong accumulation going on with prices now moving above EMA50 and EMA10.
The MACD is going above zero and the RSI is looking good and strong.
Give it a few more days... And we might see EOS printing a very strong bullish jump.
Namaste.
EOS WEEKLY LINE CHART SHOWS A YUMMY DESCENDING TRIANGLEShould be a nice easy walk to pop out of this BTC range. Very good rr at the moment. Im considering a top up on EOS. Im guessing once gambling is a thing again it will fuel the ecosystem. I wish EOS was producing more than it is though to be honest.
EOS Also Bullish | Keeping It SimpleJust as we just saw with Ripple (XRPBTC), EOSBTC is also bullish, breaking out of a falling wedge and trading above EMA10.
Here the RSI is looking better already above 50, which makes it bullish/strong.
We have been active on this pair, with and without leverage, since July 3rd and we expect additional bullish growth.
The last low at 0.00002479 can be used as a stop-loss.
We always use manual stop-loss while trading cryptocurrency in order to avoid becoming a victim of stop-hunt.
Below you can find the full details about the manual stop loss:
Thanks a lot for your continued support.
Namaste.
The previous chart still valid | May 31
EOSBTC TARGET UP TO 0.0003575SATEOSBTC confirms the cross-over of the wedge and the night on a 5-wave track, the final target is 78% fibo resistance targeted.
EOSBTC buy : 0.0002805sat
EOSBTC target : 0.0003570sat
EOSBTC stop loss : 0.0002717sat (margin)
EOSBTC stop loss : 0.0002630sat (investing long term)
Wish you good deals!