EOS has broken out and setting up for move upNot financial advice.
EOS on the EUR chart has now broken out of its downward spiral after 84 Days of downward price action and goes back down for a retest of the 50 EMA and holds this as support and bounces off from it on the 12H time frames. This is extremely bullish for me, and EOS is still in a good technical accumulation zone here. Once we break out from the 100 EMA and close above, then we can expect a nice move upwards towards the 3 - 4 Euro's.
IF, we fail to break above the 100 EMA line and close above, then we can very much easily fall back down into the falling wedge and consolidate further until the breakout gets confirmed.
EOSEUR trade ideas
Short Vision on EOS EUR for 23/07/2021Hello Dear Traders,
You find below my analysis for EOS/EUR, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EOS/EUR will fall to 2.78 as I am showing in my chart. Our Daily Goal is 2.7.
Currently, EOS/EUR is moving towards the resistance level of 3 ,where there is some liquidity from this value we are looking for short-term selling opportunities of EOS/EUR.
Good Luck and enjoy your Bearish Market for today.
Entry:@ 2.98
TP1: @2.92
TP2: @2.82
TP3: @2.72
SL : @3.1
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
EOS EUR Swing Trade this could be a nice swing on eos, as we know the majority of the crypto market trends to follow whatever btc is doing, thus as btc keeps dropping will probably hit eos to the ground at its lowest points at the support levels, while the price keeps inside the range up to 3eur, this could be a nice exit point reaching a little more then 100% profit. anyways, while I'm taking this trade this is not an advice and you should always study first before moving your money around.
EOS: break of trendline on 4HLike other coins, EOS just broke its descending trendline. Successful retest could mean major price increase with a good RR ratio at the moment.
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DISCLAIMER:
This is neither a trading nor a financial advice.
You are responsible for your own actions so do your own research.
EOS time Prediction and price target on the chartHi All,
This is my simple prediction for EOS in the next 23H from the moment of posting this post, 7:15 PM UTC +2, done on the basis of simple math/averages over the bottoms and the tops of the waves of EOS. Of course, Bitcoin still plays a major role here, but overall even in the past as you can see the major downs are caused when Bitcoin dumps and this also causes the altcoins to follow on the sell-off. Unless BTC has some huge major break up to 52-58K or down to 28-36k, then this overall seems like a possible next target at just shy of 5.00 Euro. Looking to see if this plays out as expected.
As always, this is not financial advice and this is just my own prediction.
EOS Too Many Fences Guarding the Bulls - 1.5x Opportunity "Only"EOS is facing a ton of resistance levels (7 to be precise) before even being able to reach 5€ which is only about quarter of it's all-time high.
Unless there would be a major catalyst for EOS it seems unlikely EOS will participate much in the next alt-coin cycle.
Taking a conservative approach to possible gains on EOS seems indicated.
1.5x seems feasible until mid next year. That would be breaking about 4 resistance levels.
Given this outlook EOS would drop further in market cap and drop potentially below the Top 20 crypto assets by market cap.