EOSUSD.P trade ideas
EOS - Bullish only above 12$ - Outperforming BTCEOS - I'm not necessarily convinced by the wave counts here but what I do like is the fact that it's outperforming BTC.
Looking at Fib levels, I think if price can go and remain above ~13$ it could easily reach 23$ at which point I would also look for the 1.272 Fib level at ~50$ .
That's simply because when price tends to break above the 78.6% Fib retracement level, it has a tendency to at least touch the 127.2% level.
EOS it's time to rise ! Eos despite the negative pressure on all cryptocurrencies due to the sudden decrease of bitcoin shows to have grit, the big buyers are buying the currency in an interesting way and even the medium buyers start to care.
Think you can see a rise in the price of EOS up to 16 USD
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EOS Fractal ideaDepending on how bitcoin performs over the next couple of days, I expect EOS to follow for now. When BTC stabilizes EOS should be outperforming BTC based on EOS/BTC chart. Elongate has slightly damaged our upwards momentum but I feel we should be back on track within the coming weeks.
I expect EOS to hit $16 by next week if we have sufficient volume, this will be my first TP area
If EOS goes above $16 then ATH is imminent
If EOS bounces, current major support is the bottom of the channel around $10. Another major support is around $8.70-8.85 price range
DYOR and pay close attention to BTC
EOS (EOS) • Likely to give +10x from hereEOS has been long under the radar for awhile only recently start out performing ETH and BTC. Even on social media there so much hate going on despite current bumpy uptrend.
Think things will soon chance as momentum is picking up and it outperforms ETH.
Reality is that EOS no different than any other all-around project out there so it will go up with momentum and hype as prices rises.
We hit the $12-$14 initial target range which was the 50% range from the High/Lows of the bear market. We seeing some natural resistance here but chances we will soon see the ATH revisited, tested and eventually broken. I think reasonable initial target is somewhere around $120 but ultimately i think the insanity of this bubble market are are living this thing will also print another 10x after that and $1k seems crazy but it is not unrealistic.
EOSUSD targeting 20.00 - 25.00Pattern: Fibonacci Channel Up on 1D.
Signal: Buy when the price enters the 1D MA50 (blue trend-line) 1D MA100 (green trend-line) zone, which has been the buy zone throughout the year. Also buy if the RSI enters its Support Zone before that.
Target: 20.00 - 25.00 depending on where the price enters the buy zone. Measure a 1.786 Fibonacci extension from the Bottom. Very likely the next Higher High to be on the 2.0 Fib ext of the Channel.
Previous EOSUSD signal:
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