EOSBTC trade ideas
#EOS - Important Point, Finally!EOS is currently located in the first important zone since we've updated one some time ago. If we see a bounce from the current points and breakout of the resistance, the price would be in the bullish quarter and we will be able to confidently open LONG position. However, if we the price breaks resistance - we would consider opening SHORT there.
Today`s ALT!!! EOSBTCBINANCE:EOSBTC
Exchange : Binance
Coin: EOSBTC
Buy Zone: 0.000365~0.000355
Target Point: 0.000379/ 0.000389/ 0.0000412/ 0.000401/ 0.000437/ 0.000469
S/L: 0.000345
Risk: MIDDLE - HIGH
Term: Middle - Long
It`s making Symmetrical Triangle
The Chart and RSI are very similiar and The Volume is slowly down
It`s very short between Target, so be careful to sell
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Today`s ALT is that information is raised regardless of the Coin market situation
So sometimes there`s a high risk trading
Investment is your responsibility.
I'm just providing about coin`s information
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EOSBTC - WEAK BULLISH SET UP 1DAs you can see EOSBTC has been going sideways lately, with a last peak with volume. Now volume is still and that should ring a bell in our bullish minds.
MACD signal crossed zero line signaling bullish trend.
ADX is telling us there's still no trend in PA but DI+ is over DI- so there's a probability a new bullish trend start if volume comes. As you know, when ADX is below 20, we like to pay attention to stoch better than RSI, and stoch is in a dangerous position for bulls, going again to overbought area. At the begining of a new trend, overbought territory is not as dangerous as in a bear market, so indicator could remain there a lot of time while PA rises. Nontheless, we need to be careful and get out of our trade if stoch cross bearish and get out from overbought line.
Finally, PA is over EMA21 and EMA55, and the bullish crossover is near. So, i can see a good trade entering above 3515 (last good white candle with volume) and babysitting the trade specially stochastic.
$EOS, Got rejected at ~38k sats (resistance)..$EOS
Got rejected at ~38k sats (resistance) fitting into the upper trendline of the descending channel that we were tracking..
If market keeps pushing down we may see a retest of the 31k sats (~10%) support level..
UCTS turning red across the board
Act accordingly
#EOS
EOS vs BitcoinHi, dear Traders!
Monfex is at your service and today we overview EOS/BTC .
EOS is moving towards the diamond support zone now. RSI has entered a recession phase in the oversold zone and by that time the price will just drop and you can expect an upward movement from the support zone to the first target.
Market Cap
$2 774 501 506 USD
Volume (24h)
$1 619 668 115 USD
Circulating Supply
936 082 773 EOS
Stay with me and you will get in time signals for EOS/BTC
Share your thoughts, ideas about the market under the chart.
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
EOSBTC formed bullish Gartley | Upto 20% potential trade planPriceline of EOS / Bictoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0003458 to 0.0003274
Sell between: 0.0003603 to 0.0003950
Regards,
Atif Akbar (moon333)