💡Don't miss the great buy opportunity in EOSUSD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.677).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EOSUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 61.
Take Profits:
TP1= @ 2.926
TP2= @ 3.121
TP3= @ 3.295
TP4= @ 3.485
TP5= @ 3.886
SL= Break below S2
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EOSUST trade ideas
EOSUSDT back to 2.8?In general after an impuls and correction you may expect another impuls. At EOSUSDT we just saw this pattern forming and we're currently in the 'are we going to see another impuls phase'. If that impuls comes we can expect EOSUSDT to rally to 2.8 again. However, before entering a position we have strict rules. So we wait until all our checkboxes are checked before taking this trade. So let's wait and see if this pair continues in the way we hope
EOSUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 2.7 - 3.4 - 3.9
after first target reached move ur stop to breakeven
Stop: 1.8 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 5
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
EOSUSDT 4H TA: Resistance ZoneAs we can see in the chart, it is located on the resistance range and also has the static resistance of the trend line. If this upward trend line is broken, we will increase the price. So if this range is broken, we offer to buy. Otherwise, we will see more suffering of this currency or suffering in this region.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
EOSUSDT UPDATEEOSUSDT has bounced from a strong level of weekly and monthly demand and made a new higher high from a 1D perspective, since the bullish impulse the market has now provided us with a nice correction which is currently testing the 0.618 fibonacci and potentially forming a new HL and a beautiful inverted head and shoulders formation. Im expecting a bounce from here and the market to attempt to make the continuation to the upside and go and test the weekly high and level of supply i have identified. We will be monitoring price action on the lower timeframes as always for entry confirmations according to our strategies BEFORE we can take any position.
EOS - Wave C completion ✅EOS is currently in a higher timeframe ABC correction. The chart posted is showing the C wave in detail, which has 5 subwaves. We can see that subwaves 2 and 4 are ABC corrections and now we are currently in the 5th and final subwave.
We have marked out the extreme lows for EOS which falls at 1.365. It is possible we may retest that level before we start the bullrun. For the 5th subwave we are currently in, its likely we'll see a descending correction for the completion of C wave. The bigger trade is the buying of EOS from the bottom, which we can identify better once more price action appears.
Trade Idea:
- Wait for more price action to appear
- Likely it will be a descending wedge, which we can mark out
- Watch for break of descending wedge and enter
- stops below the wedge
- Targets: 3.6, 6.4.
- Longer term targets: 9, 14
What are your thoughts? Let us know below!
Goodluck and as always, trade safe.
What are you up to EOS?If you zoom out on a daily chart, EOS had quite a brutal 12 months, from braving $15 (14.9-ish) to barely worth half a bottle of Fiji water.
It looked like EOS was ready to retrace a little yesterday, but I was early on volume, it was 50/50. Today however volume % is in a decent range, and general TA metrics are ripe for a retracement (again).
Two things can happen at this S/R grey channel, Bulls will try to pump last minute, or a mild retracement towards 2.44.
Volume profile shows the Bears dominating today, making the retracement a more likely outcome (but I'll wait a few hours to make a decision).
Burdened with 2 descending channels, EOS is still eyeing 2.8 and 3-2.9 range. Both are Fibonacci levels, so it's not set in stone. Either way, channels are king on this chart.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
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EOSWhy EOS?
Over the last few months, members of the $EOS community formed the EOS Network Foundation. The community voted to effectively fire B1 and to instead take power into its own hands. This made EOS the world's largest DAO, other than Bitcoin.
One reason $EOS received so much early hype is that the technology is superior to every other chain. This allows developers to build applications that aren’t possible on other blockchains. 4 years later, $EOS remains the most performant & battle-tested Ethereum alternative.
The issue for $EOS was a lack of leadership & coordination. Everyone expected this to come from B1, but it never materialized, so most people left $EOS for chains like Avax, Fantom, Solana, etc…that has now changed because of the EOS Network Foundation.
This change is why you see people like Dan Larimer and many others returning to $EOS and saying they are “all in”.
Next month, a catalyst event is coming: EOS EVM. This will bring plenty of dApps and users to $EOS. Lots of developers are planning to build apps on $EOS this year because the tech will enable next-gen apps. Plus, transactions are FREE.
The other major catalyst that is taking place right now are all the #EOSIO chains uniting and working together. That means you have
$WAX, $EOS, $TELOS, etc working together.
$EOS at one point was the #3 coin in all of crypto. Its price was over $20.The chain finally has leadership, funding & coordination thanks to the EOS Network Foundation.
Best regards EXCAVO
EOSUSDT Long setup to 2.38?It seems EOSUSDT is developing towards a nice setup. Based on our strategy we can expect this crypto pair to test the structure candle marked in the blue box. However this isn't enough to just take a trade. So we wait untill all the checkboxes of our strategy are checked and create a setup when that's the case. When the setup is there we just need to wait untill it hits our entry and wait for the trade to complete.
EOSUSD - Long Invest Idea 1WSince May 2021, EOS has been in a downtrend on the 1W and only in March of this year the trend was changed to an uptrend. A similar situation was in April 2020, but there the uptrend was disrupted by the COVID panic, then the EOS showed a historical minimum of $1.4. But I think we will no longer see such a price, we can touch 1.6-1.8 $ as much as possible. Now I see the price of EOS very attractive for investments, it is investments for 1-2 years, and not trading. I think it is worth buying now 40% of the investment amount, 40% to put a warrant for $2 the rest to leave in case of unforeseen circumstances or put orders for 1.5-1.8.
But on the minus side - 1D in the downtrend, there is a high probability of seeing the price below the current ones.