EOSUSD.P trade ideas
EOS miles away from death crossAs EOS is still so far away from the deathcross formation a low lev long can be profitable in the long run.
EOS Scenarios - Bounce off 240 day EMAEOS has broken down through my optimistic consolidation pattern and has broken down through the 120 day EMA. Seems likely at this point to retest both the wider consolidation pattern that's formed as well as touch down on the 240 day EMA. As long as your stop loss is set below the 480 day EMA, I think you'll be in the clear for a nice long position (keep that leverage down on a swing trade like this).
I've laid out three paths I see as possibly - color coded by which EMA will act as final support. I would love to see us fail the retest of the 120 day EMA and continue our bull run, but the OBV seems to indicate that we'll see a little more of a dip. Most likely scenario I see playing out is a successful retest of the 240 day EMA (and expanded consolidation triangle) and then up through the various resistances and supports - back on our way.
$8.628 is a good target. Just rolls off the tongue. Stop loss below 480 day EMA. This is a horrible risk/reward as-is, but I will DCA into the position at the 240 day EMA touch and the 480 day EMA touch. That said, a longer term target of $16 or $22 or, hell, $7000? Well that makes for a fine risk to reward.
Eos (EOS) - June 7Hello?
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(EOSUSD 1W Chart)
After a long consolidation period, it moved higher than the 6.4053 point.
A consolidation above the 6.4053 point is expected to trigger an uptrend to create a new wave.
(1D chart)
We'll have to wait and see if we can climb to the 6.2573-6.8172 section.
If it falls from the point of 5.1376, a Stop Loss is required to preserve profit and loss.
However, it can touch the 4.7538 point and move upwards, so trade cautiously.
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(EOSBTC 1W chart)
It should move above the 0.0002840 point for support to continue the larger uptrend.
(1D chart)
It remains to be seen if the 0.0001574-0.0001690 zone can find support and move up.
If it falls from the 0.0001343 point, Stop Loss is required to preserve profit and loss.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Be careful and ready to hunt like a crocodileBe careful and ready to hunt like a crocodile ...Decide after leaving the formed price pattern
eos bullisheos currently is in a ascending triangle. we are more likely to see a break up in the coming days.
$EOS longAscending pennant on EOS about to break. Have starter position on now, will add to on break, retest of resistanct level. Stop/targets are marked on chart. Will take some profits off at target and let rest ride in case this is continuation of uptrend.
EOS reaching for 20 usdAs soon as BTC starts going past 45k EOS will start to accelerate. Not that I believe in products that Block one brings out, bullish.com should cause a small rally.
Tango Dance with EOSOnly you are important
So you make the final decision for your own
Carefully always the last analysis
An analysis of yourself
be rich
Rejection of lower levels, will give price a chance to go higherA rejection of $3 levels, will give EOS a chance to make its way to higher targets.
EOSUSD: Look at RSI structureThis is a productive approach based on a supposition with regard to BTC meeting +100K USD. A very clear & vivid long-term accumulation is seen based on the positive divergence between the price chart & the RSI (14) in Weekly time frame.
A very good fundamental news is behind EOS. Its technology it great. Where we experienced drop was due to 2 main reasons:
1. BTC's starting with its 4th wave in weekly time frame while ending it's 5th wave in daily.
2. EOS has ended its 3rd Weekly Elliot & ended its 5th daily Elliot so it is needless to say that we can see price plunging well bellow the first Elliot wave.
This is a productive approach toward probable scenarios in the future and it's not a reactive one - we need to observe stop-loss carefully.
This is not a financial advice at all.
We share what we know to learn more from others. Thanks for reading.
EOS LONG, FACTS ONLY.Most of the information is on the chart, will edit this section later. Block one announcement can be read here b1.com
EOS - A little Elliot Wave Theory to carry out our weekendThis one is oddly following every single step of Bitcoin. If BTC jumps up a fraction, EOS jumps up a fraction same time. Its weird, and I dont like it.
Anyways, EOS (aside from any manipulation) should jump down to below $5.30 by May 30.
Look for a buy opportunity
EOS CRYPTO BUMP AND RUN PATTERN TO $26!!! +330% OPPORTUNITY!!!EOS Coin's 2hour chart has just shown a Bullish Bump and Run Reversal. EOS has broken above a significant resistance and has recently shown it is a new support in the Throwback To Trendline Phase. With that resistance being flipped, this may indicate that the next technical resistance is to be around 14.91! 14.86 is EOS Coin's yearly high, and with a break of this yearly high, EOS can push 26.01 per coin which is about a +72% increase, and 330% from current areas. OPPORTUNITY IS EVIDENT IN THE PRESENT, BUT IF ONE DOES NOT INCLUDE HIMSELF, HE MAY NEVER SEE! TRUST YOURSELF and HAPPY ROARING 20's! BITFINEX:EOSUSD
EOS could to turn to bullish movement to $15 USDLooking the Daily timeframe, EOS it's look bullish. But if you see, there's a fast up movement that EOS make rejection below of $5.60 USD approximately. EOS continue in this bullish channel since December 2020 from $2.24 USD. Now, there a lot chances that EOS continue to $15 USD or $12 USD in the resistance line up that form this bullish channel. Also, in H8 timeframe, we see a formation of Shoulder Head Shoulder inverted. That could be a good signal for the next trade!!!
s3.tradingview.com
EOSUSDA little change of wavecount. 4th wave shall be over, fifth to be drawn- simultaneously higher range 1 wave will be created.
EOS has a good future 1H Due to the unbalanced conditions of the market, proceed with caution with capital management and loss limit and stop lose
EOS 3D The whole life of the project on one chartOur previous idea-warning about a correction on EOSUSDT, although it was made on the daily timeframe, worked very quickly and t he EOS price fell even below the $ 5-5.5 zone , where we expected it.
By the way, this idea was included in our top 15 ideas for the last 2 months, where a possible future strong correction was clearly visible.
Since the daily time frame worked out quickly, today we will look at the entire history of trading in the EOSUSD pair on the 3D timeframe.
As you can see, the growth of the EOSUSD price on May 12 stopped perfectly in the middle of the global growth channel, along which the price has been moving for more than 3 years.
Then a strong fall down awaited us. The collapse in the market was powerful, and the price broke through even the strong mirror zone of $4.30-4.70 , which in history has more than once played the role of resistance or support.
However, buyers happily bought back EOS from $3.50 and above at a very tasty price, creating a Pinbar on the 3D timeframe. Buyers can regard this pattern as a strong signal to continue buying.
It turns out that the bravest and smartest investors who placed buckets for buying in the $3.50-5 zone will soon be able to fix x2-x3 profit , because the price of EOSUSDT has the potential to rise to the $8.70-9.20 zone
Further, a correction to the liquidity mirror zone of $4.30-4.70 may await us again, where again it will be decided who is stronger. Accordingly, it will become clear there: will buyers continue to drive the price by $13 or sellers will continue to push the price towards $3.
But this is a completely different story, which we will write about in new ideas)
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