EOSUSDT trade ideas
EOSUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
2 targets was reached from my last idea, but i still waiting for ~2$ zone, stop already in breakeven(0.96)
Targets: 1.5 - 1.7 - 2
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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#EOSUSDT 6H Chart
Price moved up aggressively and broke through the daily supply zone around $1.12 making it a breaker zone. MACD is bullish, RSI is bought and EMAs are neutral. Price is currently getting rejected off the resistance at $1.22 and i expect it to move down and retest the daily breaker zone before moving up again.
$EOS Bullish Dragon BreakoutNice clean checkback on the supply line here, still have some work to do on clearing out the Ichimoku cloud though. Id find confidence above 1.16, ideally with a proper check back followed by continuation.
You would need to test the .382 at 1.84 (Dragons hump) next, with a little overhead resistance at 1.37 on the way.
Historically its straight up and down between here and the .382, but if you break above that, id be looking at 2.95 next at the .618
Very common pattern right now and thats usually a minimum target zone, though i have seen some reach 1.13 and higher.
EOS has had quite a range trendEOS has had quite a range trend in the past weeks. The number of 25 candles recorded in the daily timeframe shows that the EOS price trend has been in a specific area and range for a month.
The price in the daily timeframe is also between the resistance range of $1.14 to $1.17 and the support range of $0.81 to $0.85 is the range.
Recently, with the positive events that have happened in the market, signs of exiting the range trend can be seen by breaking the ceiling of the main descending channel.
Also, the support of the $1 range has had a high power in maintaining the range trend. In general, if the buyers can push the price past the resistance, we can expect more price growth.
In this case, the next target of buyers can be considered the resistance range of 1.26 to 1.30 dollars. Of course, it is necessary that the favorable conditions in the market continue.
✅TS ❕ EOSUSD: rebound from the resistance area✅✅ EOS bounced off the resistance area.
Volatility has increased.
I think that the asset will continue to decline. ✅
🚀 SELL scenario: short to the range. 🚀
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#EOS Accumulates After A 35% Spike, Resistance at Nov Highs Past Performance of EOS
After rising roughly 35% from December lows, EOS prices remain in a consolidation. The uptrend remains, but whether this will continue depends on the breakout direction. Technically, bulls must shake off any attempt to press the coin lower. Any surge above $1.1 may see the coin rally to November highs.
#EOS Technical Analysis
EOS is increasing, per the current formation, consolidating in recent days. Until there is a decisive breakout with above-average volumes, traders may stay on the sidelines. Currently, EOS has support at $1, with the middle BB influencing price action. The January 30 bear bar is conspicuous and wide-ranging, defining the current range. Bulls are in charge in the short term unless there are losses below $1 that may see a sell-off towards $0.92. Bulls must clear $1.2 and November highs to invalidate the bearish formation and allow EOS to expand above the neckline of the W-formation. This will be a major signal for long-term traders targeting H2 2022 highs at around $1.90.
What to Expect from #EOS?
After a march from mid-December, the upside momentum could be fading. A close above this week's highs could rejuvenate buyers expecting another leg up to $1.90 as EOS bottoms up.
Resistance level to watch out for: $1.2
Support level to watch out for: $1
Disclaimer: Opinions expressed are not investment advice. Do your research.
EOSThe EOS cryptocurrency, unlike other coins, has not shown such high volatility. But nevertheless showed growth since the beginning of this year. The chart shows a trend reversal. Now an ascending pattern has formed on the chart. And the price is in the range of the trend resistance level. If the positive growth dynamics of the cryptocurrency continues, and most likely it will. Then after breaking through the resistance level, we can expect increased volatility of this asset. Also, if you look at the chart in the global cycle, you can see that we are near the support level. Therefore, I think that by buying on spot, investors are making a bargain. Today I made a purchase for a portfolio, and also opened a position on futures with 20 leverage. Happy trading everyone!
EOS S&R in short term>>>>>>>>>Hello EveryOne
I Have Tried My Best to Bring the best Possible outcome in this Chart.
EOS must break out from static resistance ,
and completed pullback from support area .
dou to the more support market We can set buy position in daily correction.
Short term Support & resistance's marked on the chart.please buy in correction and set your stoploss.
SPOT trade.
It's just an analyze,
Not a financial advise.
PLZ DYOR
With hopping success>>>>>>>>