EOSBTC trade ideas
EOS Hits New High | Mapped Long-term (210%+ PP)Here we take another look at EOS Token (EOSBTC) but this time on the weekly timeframe.
We have 7 consecutive green candles with each candle being worth 7 days... That's 49 days growing/green and counting.
The RSI and STOCH are both strong and bullish; on the weekly timeframe, this is a very strong signal.
Trading volume is coming in favor of the bulls and starting to build up.
Where To Next EOS?
Where are prices headed next?
The next important resistance for EOSBTC is found at EMA50 or 0.0005111, it all depends on how this level is handled.
If EMA50 is conquered with good strength and volume, EOSBTC can go straight up.
If this level is too strong and can't be conquered, prices will move lower to test around 0.0004102 before the next move.
On a drop, even a strong one, we remain bullish and expect for a strong bounce since we are in a bullish market.
Only if prices close weekly below 0.0003000 we switch from bullish to bearish. Everything above this level and we remain bullish.
Previous chart | EOS Starts To Gain Momentum, Huge Jump Ahead | 90%+ Possible | Dec 29, 2019
Thanks a lot for your continued support.
This is Alan Masters.
Namaste.
EOSBTC Ascending TriangleAs the title suggests, BINANCE:EOSBTC is looking like an ascending Triangle. There is some overhead resistance at 4800, but should it blast through it should push into the 5000 OB area. Pattern is invalidated below 4200, there is the chance it creates a larger pattern, but I don't foresee that should this triangle break bearish. You can buy at CMP with a stop below 4200 or buy the breakout.
EOS - triangle play and finishing final wave, before crashEOS has very likely finished triangle and now we will see final move up. This wave will be anotate it as a 5th wave and as a 5th wave of big uptrend cycle. Expect huge sell off, after we hit the target of 5th wave, which is at 4950 satoshi. I am pretty confident with this pattern, so I will use very thin stop loss, because I want that double digit risk reward ratio :D
EOS Breakout Soon?Since the start of 2020, price has been chopping upwards into resistance for EOS. The purple line is the point of control. A break above, and I would be bullish to at least the yellow level.
Above there, the orange level would be the likeliest region for a bearish retest. As long as we can hold the yellow level, I am bullish for continuation.
Conversely, a break below the black line would stop out this trade before seeing further downside.
Until then, we are at the moment of truth. We'll see how this one unfolds!
EOS/BTCNot worth holding, but definitely worth trading.
Compare to the coins that have popped - ETC, DASH, ZEC, BCH. Even BSV.
Trading algorithms go into buying frenzy when a higher high is made.
Alt season is here.
It's about to rain gold on your heads. Put out a bucket and don't take profit early, then try to short when it's "overpriced".
Buy dips when overall trend is up.
Sell rallies when overall trend is down.
$EOS to pump 100%! Dear traders,
Im analysing more and more alts right now because the bottom is definitely in. They are showing a nice reversal pattern.
My expectation is that EOS and other alts can go parabolic in the coming week. I think there is more room to grow 100% before the first big correction.
The signals that are coming up right now are similar to alt-runs before.
First Targets (100%)
4800 SATS
5800 SATS
6800 SATS
7400 SATS
9300 SATS
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BTC .D decreasing
Goodluck!
EOSBTCEos looks strong against btc.
Inverse head and shoulders pattern formed with nice chunks of volume.
Doesn't look perfect but it's still worth keeping an eye on.
A possible trade would be made IF the headline is broken.
Remember to set your stop losses and do your own research, this is just an informative post, not a financial advice.