EOSUSD.P trade ideas
EOSUSD - Short-Term target of 13 - 13.5 USD @14th of MayA positive ABC correction of the downtrend will potentially cause the price to go up to 13 USD, or a bit higher (most likely on the 14th of May, or even on 13 if we're lucky)
Afterwards, the downtrend will continue in the following days in the vecinity of 10 USD.
EOS - back on feet soon?Good Friday,
The EOS community is considering a proposal to increase staking reward. That could be on of the reason why EOS went up likely, that and the fact that a lot of alts were leaving BTC behind lately.
But after touching the 13$ ceiling EOS fall 27% !! Enough to liquidate a a lot of people, when the atmosphere is overall bullish.
From the 9.5$ support we could go back up 23% based on retracement. We believe we could touch that support again before this happen. If not we could easily go down to 8.5$.
EOS has still room to go crazy, it is still far from this all time high of 22$.
This is all for recreation purposes and remember do not invest more than you can afford to lose.
Eos Long Idea. Levels to watch for the retest of the all timeLook at the weekly chart.
Major levels off the last all time run. I think anywhere from 9-12 $ is a good long settup
Potential Adam and Eve Settup.
First major breakout has happened.
I took some ltc money and bought some eos. this is a fun little experiment.
This is not advice. This is my opinion and view of the market. This is for my record and reference as a hobby trader.
WOW perfect prediction played out!!!In my previous analysis I showed where EOS would land and how it will possibly play out. It has been on point so far.
For my next targets,
if we close above 13.50 today then expect ATH ($22-23 ) very soon as there is not much resistance above 13.50
EOS just announced Block.one has secured $10Billion funding for their exchange called Bullish.com. The exchange is going live in 2021, HUGE NEWS!!!