EOSUSDT trade ideas
EOSUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has broken the S1 line which was previously the Resistance line. It has also made its pullback to this line. We can buy it here and save profit at the R1 zone. If R1 is also broken and the price stabilizes above it, R2 would be the next target. If the price comes lower than the S1 line, there would be more falling.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
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#EOSUSDT 12H Chart
Price is still ranging in an uptrend however it recently reached the resistance area at $2.75 where it got rejected from and it is currently bouncing from the support line as well as the 3h breaker zone. MACD lines are preparing to cross and become bearish, RSI is slightly bought and EMAs are neutral. Price may break below the support line after a retest of the resistance area diving down towards the support at $2.3. If price manages to close above $2.8 then it would be heading directly towards the 4h supply at $3.2 after filling the imbalance at $3.1.
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Entry level: market price
Support and Resistance clearly mentioned on the chart.
Very nice bullish opportunity on EOSUSDT As you can see that EOSUSDT is breaking a falling wedge , so be ready for a bull move. Trendline and bulls are now eyeing an upside towards HH.
If u take my suggestion,going by the trend I believe it will cross all my targets.
Good luck everyone!
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#EOSUSDT 3H Chart
Price got perfectly rejected from the 3h supply zone around $2.44 after taking out the liquidity resting above the equal highs and missed the second supply zone at $2.5 which is still valid. MACD is not clear, RSI is sold and EMAs are turning bearish. If price breaks below the low at $2.2 then we would expect it to dive down and reach the 3h demand zone around $2.05 where it is expected to bounce, else we would expect a rejection from the $2.4 area once again. Waiting for more confirmation.
Simple but smartHi guys
The resistor is broken and is pulverizing. A relatively precise triangle is also formed. Due to the bitcoin resistance, the profit margin will be analyzed in the update
What do you think?
If you have any questions, I will be happy to answer
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This analysis (to determine profit margins) is updated here 🔄
This analysis is a personal analysis and not a buy and sell signal, so it is the responsibility of the person to buy or sell
Also, if you have a suggestion or criticism, we will be happy to hear it
Look at our past analysis to trust us
EOSUSDT D1EOS is a fully decentralized blockchain-based network that allows the development, hosting, and launch of commercial-scale decentralized applications (dApps).
EOS has all the basic features that companies and individuals need to build decentralized applications, much like traditional web applications are built. EOS allows you to provide secure access and authentication, host data, manage its use, grant access permissions, and maintain communication between dApps and the Internet.
Some even compare EOS to the Google Play Store or the Apple App Store. The EOS network is designed in a way that resembles how a real computer works, and even the software itself uses some familiar computing concepts. For example, there are three types of resources that support the EOS blockchain:
Bandwidth (bandwidth) - responsible for the transmission of information over the network
Computation (CPU) - The actual processing power required to run the dApp
State Storage (RAM) - stores data in the blockchain, which can be instantly referenced. Due to the fall of the crypto market, EOS is almost at the minimum price levels. And this price is objectively optimal for buying. Moreover, EOS has previously occupied top places in the cryptocurrency rating!