EOSETH ABC correction or dragon reversal?We see that EOS fell to 0.382x before bouncing hard to 0.786 -> but failed to stand above it. Now the critical threshold is 0.618 (blue horizontal line): If it falls below it, EOSETH will have another corrective wave, perhaps to 0.5x (0.0083ETH). If it bounces, this means EOS will have fully reversed its bearish trend & could retest 1x (0.00148ETH) soon. I think the second scenario is more likely.Eby DrJLTUpdated 1
EOSETH - Perfect Heartbeat Lightning Bolt and TallWhen you have a 100% tall Perfect Heartbeat Lightning Bolt with a Sell Candle winning the Volume war and a U distribution the ranging Heartbeater really starts to get excited !! Remember this axis and stay tuned for the markets reaction to such a fine beast we have spotted here in the cryptosphere ! Manual traders should expect a recede in price at least to the 0.236.. I am expecting a consolidation period over the next week focused on or near the axis depending on the true sign of the Perfect LB we have just witnessed then a violent breakout ( assumed bullish )...Longby BenjamixUpdated 10108
EOS ETH or BTC, Which to hold?I posted a chart of EOSBTC . This is currently in profit. However EOSETH is in a long downtrend due to the recent strength of ETH. I will reassess my EOS position if price reaches the upper parallel of this slope. If I feel that the downward trend will continue in this vehicle then I will close my position in EOS and open one in ETH. Eby a1KeithUpdated 113
EOS bullish.I thought Vechain was the strongest runner out of the recent dip, but EOS is right up there with it. Both swiftly doubled in Eth value after launching out of the Jan 10 dip. Both are now in strong uptrends and that's where one should trade. I managed to catch this very recent rally in EOS. I think it will at least test the highs before consolidating for a few days. I'll sell down to a core position and see what happens / chase a different setup. On the chart I've attempted to adapt cycles analysis to crypto. A decent expectation would be a cup & handle formation once it reaches prior highs. Then, somewhere in the last week of January we should look for a significant low. (Don't buy dips before then!) A final shakeout before the next move. We'll see.Longby tangmanUpdated 0
EOSETH may fall even furtherEver since the bitcoin crash in late Dec, EOS hasn't performed. There wasn't any top reversal pattern, yet such is the market. In the last few days the weekly and monthly EMA have crossed. EOSETH has fallen below 0.5x of the previous rally. The first suggests that we're in bearish territory already. The second means we're probably not having a cup & handle pattern. What's particularly worrisome is that we haven't seen a bounce even after a 50% fall. This possibly means deeper & faster drops may ensue. I'm unsure whether to sell at this point. It appears that the best opportunities have passed.EShortby DrJLT443
EOS Massive Cup & Handle on 4h chart?!" Hello people, Is this a cup and handle or just all u guys dumping :P BINANCE:EOSETH Good LuckEby JalteHansen332
EOSETH to remain bullish after further correctionI'm bullish on EOSETH. This is based on the fundamentals. Price-wise, the arguments are the same for EOSUSD. Please check out my other post. Also see my website www.jlteng.comEby DrJLTUpdated 2
Bought some EOSThis has had a nice slow decline. Something that is really boring in crypto. It could bounce here at the 50dma. Or not? Low risk. Not selling any Ripple to buy it.ELongby tangman2
EOSETH correctionThe image of an inverse shs becomes more and more blurred. Anyway, the indicated trend channel might be important and an reversal therefore soon possible. First a dip unter 0.008 is possible.ELongby ligand995
EOSETH inverse shoulder head shoulder triggeredInverse SHS was triggered, and backtestes in the flash crash yesterday. The nstant reversal shows bullishness. Now, price will go up to the point where the neckline mirrors the price low. Then, an ATH will be reached and an further advance correxponding to the big pink arrow may be expected up to 0.4 ETH. The green channel seems to be significant and a second test right now is possible, although I think only a little dip to around 0.12 eth is more probable.ELongby ligand222
EOSETHEntry above 0.01, target 1 at 0.0138, target 2 at 0.015, target 3 at 0.017. Stop loss at or right bellow 0.008.ELongby rludvikUpdated 664
EOS tempting...I traded some profit off this a few days ago, and thought it was quite overbought. Well, welcome to the crypto circus where everything stays overbought. HODL is certainly a valid tactic, but a well-timed entry can save a lot of grief. Every chart is different and I'm trying to gain a feel for these markets, which are so different from the regular markets.Eby tangmanUpdated 0
For now, I'm riding EOSETHCrypto is an insane casino and I can't recommend it for any sane person. I've been lucky enough to do well trading for the time being. I caught the triple on Litecoin by sheer luck (was planning to buy something else, LTC took a week for Coinbase to release). Anyway, I got a good entry in EOSETH, riding it for now. The technology is very promising similar to IOTA (zero transaction fees!) I believe IOTA will need a few days to correct. Watching for a correction below $3 before getting interested. HODLers will be fine. OTHER IDEAS: Monero looks like it could bounce off support: Ripple is a firecracker, I don't think I could trade it. If it corrects, I would consider an insignificant position for HODL. Cardano is bursting. I don't know much about this. Look for a handle? Don't risk money you can't afford to lose, folks.ELongby tangmanUpdated 1
EOS/ETH Downwards for the short term?I have a long position in EOS/ETH and I am not fuding for now. Holding tight to my coins and will be looking to buy more if there is a dollar+ drop.EShortby YOBRO220Updated 1
EOSETH temporary retracement aheadEOSETH has had a great run since my last post. At this point, we've just broken the channel, and indicators all suggest overbought condition. Besides, testnet will be alive in a couple of days, and the price of the news has been fully discounted. In this context, I expect a short-term adjustment / consolidation. Maybe the price will move sideways instead of down, especially if ETH price drops (so EOSUSD drops). Because I see much potential for EOS, I don't think it's a good idea to sell. Instead, look for good entry points.Eby DrJLTUpdated 444
EOS starting to signal a bullish trendI've been evangelizing the chat to annoyance, so I thought I'd post a public idea on the issue. About two years ago, after reading into the night (for many nights) on this thing called "ethereum" I was super excited about the tech and it's potential. I'd post about it constantly in the chat, suggest people buy in or at least look into it and give it an honest review. I really wanted it to be successful, not explicitly for my profits (as I bought pre-sale) but for the desperate need for such a technology to exist and to thrive. Unfortunately after a myriad of Ethereum based ICOs, it's become painfully clear that the tech we got, was not the tech that we need or which will last. Each new ICO on the ethereum network exposes more flaws, mainly being: it will never be able to scale to real-world business transaction needs. The network grinds to a halt, causing transactions to take hours or days at best, or to just fail completely at worst. Hell, look at the needs of a network like Facebook for that matter: 510,000 comments are posted, 293,000 statuses are updated, and 136,000 photos are uploaded -- PER MINUTE. Visa can do 24,000 transactions per second... Ethereum is crushed by 10. 10 per second is it's top and it's not even able to handle that in reality. I explained that, to tell you this: I have FULLY divested from Ethereum, and am buying heavy into the tech most likely to swallow it whole - EOS. Do your own research on EOS and get educated. The price is very attractive right now and as the chart shows, it is signaling the start of a bullish trend. I will not sell my EOS for at least two years. I want it to fully succeed and I'm looking at the investment- as an investment - into a product I want to use. I have NO targets for EOS, and will be buying in at many different levels. The green line on the chart indicates my average entry to date. Please save your tirade about how Ethereum is never going away- for someone who cares. I'm making no claims as to the continued existence of the Ethereum network, only that I'll no longer be supporting it. Good luck out there. add also: medium.com and this: www.coindesk.com ELongby ninjabenjaUpdated 10107
EOSETH very bullish gartley?As the chart shows, EOSETH appears to be in a very bullish channel. It seems to have completed two rounds of retracements (@.5 and .618 levels) and ready for the next jump. I think 0.007-0.008 levels are possible before the next round of consolidation.ELongby DrJLT332
EOSETH 4H 20Nov2017 – falling wedge in pot. channel, RSI divEOS is moving in an uptrend against ETH and was nicely bounced back after consolidating between 0.382 and 0.5 fibonacci levels after latest upswing from 0.00176 to 0.0048 level. However now a falling wedge may be identified + there is RSI bearish divergence within the wedge. I am expecting to break down and move to cloud and touch uptrend line again – and at this point further assessment may need to be done whether uptrend will likely to continue. At this point I am waiting how price moves within the wedge. If breaks down there may be opportunity to short EOS against ETH. TP level can be identified based on price movement when touching the uptrend line and in the cloud. SL should be set at 0.006 as this is a resistance and if this breaks price may be expected to go to 0.0066 - 0.0068 levels which is a strong resistance - this is 1.618 fibonacci zone of latest upswing and 0.618 fibonacci level of a downtrend started at 0.01000 level – nicely overlaps. Please note – these are only my personal moves on potential price movements. Please trade carefully and at your own risk! EShortby drgorogbalazsUpdated 4
EOSETH Positive J-Hook PatternEOS continues to be bullish, earlier resistance becomes support. Upside hurdles are still in tack from original TA. One of the hardest part about trading is knowing when to take profits, it varies depending on individuals risk tolerance. Hope the chart helps! ------------------------------- ETH address = 0x0c8d5ED184A7B827Dd6f490a57415d5862e0Fde4ELongby Richy007224
EOSETH Breakout Opportunity On the Kraken exchange took small long position EOSETH. Trading on this exchange is somewhat complicated as funding is difficult for the novice trader. I deposited ETH from Coinbase. Looking long and take profits at R1 & R2. This pair is up over 50% already, so trade small and be proactive. ELongby Richy0077
EOSETH Kraken 13Sep2017 – RSI bullish divergence – buy - long4H chart - EOS hits the bottom against ETH. Shortly we may be seeing a double-bottom confirming bullish reversal. RSI shows bullish divergence. Candles may cross the Ichimoku cloud upwards and so we may have confirmation of buying opportunity in the long term. Profits can be taken at different resistance levels and even swing trading can be an option to further cumulate EOS for the long run. I expect zones of resistance: 0.0048-0.0049; 0.006-0.0062; 0.0087; 0.012; 0.0175 with monitoring trend movements thoroughly around these levels. What do you think? Please note these are my personal thoughts on potential price movement – please trade carefully! ELongby drgorogbalazs4