EOS/USDT Ready for an Exponential Bull Run?👀🚀 EOS Analysis💎Paradisers, let's zoom in on #EOSUSDT, where the latest market trends hint at a ripe opportunity for a bullish pivot from a critical support area.
💎A glance at #EOS's recent trading performance reveals a significant 60% retreat from its preceding high. Yet, the steadfastness shown at the $0.64 support level sparks optimism for a potential reversal.
💎The journey to surpass previous peaks or set new records has been challenging, fostering a temporary bearish sentiment. However, the pivotal $0.64 threshold is instrumental for NYSE:EOS , teetering on the edge of unleashing a notable bullish shift upon reassessment.
💎Ever ready for what the market throws our way, we've devised a backup plan. Should #EOS dip further below this foundational support, our sights are set on a bullish revival starting from the alternate support at $0.522. It's important to acknowledge that breaching this boundary could signal a prolonged bearish period.
💎Maintain adaptability in your trading strategy and keep a close watch on market fluxes, Paradisers. Your ParadiseTeam is vigilantly tracking these developments, poised to navigate you through the unfolding market scenarios.
EOSUST trade ideas
EOSUSDTHi guys
In my opinion, the rising guard of the chart is quite evident.
The condition of the above scenario for us is to maintain the support range of $0.6. Be sure to note that the reviewed process is long-term.
On the 4-hour time frame, we have a head and shoulder pattern at the end of the downward trend. Would you like to check on your chart (;
what do you think!?
EOS (EOS/USDT): Buy the dip with Target around 3.10EOS is a blockchain-based, fully decentralized network that enables the development, hosting, and execution of commercial-scale decentralized applications. EOS supports all of the core functionality required to allow businesses and individuals to create these dApps in a way that is nearly identical to how traditional web applications are created. EOS has the ability to provide secure access and authentication, data hosting, usage management, permissioning, and communication between dApps and the internet. Some even compare the way EOS operates to Google’s Play Store or Apple’s App Store.
🔴 How Does EOS Work?
EOS is designed to resemble the performance of a real computer, with even the software itself using some familiar computing concepts. As an example, there are three types of resources that power the EOS blockchain:
✔ Bandwidth – responsible for relaying information across the network.
✔ Computation (CPU) – the actual processing power needed to run a dApp.
✔ State Storage (RAM) – stores data on the blockchain that can be referenced instantly.
🔴 What Makes EOS Unique?
EOS is a unique crypto project as it encompasses several important characteristics, such as:
✔ Scalability – one of the biggest problems of cryptocurrencies is balancing decentralization and scalability. Due to its Delegated Proof of Stake (DPoS) consensus mechanism, the EOS ecosystem has the ability to process around 1 million transactions per second. The EOS project achieves such a high throughput by utilizing parallel processing.
✔ Flexibility – unlike Ethereum, which can potentially be a victim of DAO attacks, EOS has created a solution for this problem. The platform can halt the node that processes such a transaction, and gets back to processing new transactions only after this problem is resolved.
✔ Decentralization – while Ethereum has often been referred to as the decentralized supercomputer, the EOS platform could be considered a decentralized operating system.
EOS’s value is derived from its ability to act as a platform for smart contracts and dApp creation. This feature makes it one of the few platforms that can be considered a “full package deal”. On top of that, its token economy and structure allow its users to actively be a part of the decision-making process, which is a feature many in the blockchain space appreciate.
There are currently a bit over 950 million EOS tokens in circulation out of the 1,027,411,229 total tokens available.
It should be noted that there is no limit to how many tokens can be minted, with new tokens being released in circulation each time a new block is created. The number of total EOS in circulation can be increased by 5% each year.
📈 Technical Analysis
From a technical point of view, the trend is still bearish on daily and weekly charts, but at the same time we think that a Crypto Accumulation Strategy ("Buy the Dip") could be interesting in mid-long term. As we can see on daily chart, the potential target is very ambitious, but we're sure that sooner or later it will be reached!
Don't miss the next updates and don't forget "Like and Comment" ❤
EOS On Fire: Don't Miss Out on This Buy Trade!"## EOS Coin: Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **EOS Network:** Blockchain platform designed for high performance and scalability.
* **Launched:** June 2018.
* **Market Cap:** ~$1.2 billion (as of March 3, 2024).
* **Rank:** #86 on CoinMarketCap.
* **Unique Features:**
* **Delegated Proof of Stake (DPoS) consensus mechanism:** Aims for faster transaction processing compared to Proof of Work (PoW).
* **Scalable architecture:** Designed to handle a large volume of transactions.
* **Smart contract functionality:** Enables developers to build decentralized applications (dApps) on the EOS network.
**Recent News:**
* **Feb 22, 2024:** EOS Network releases statement regarding ongoing development efforts and future plans.
* **Feb 10, 2024:** Community-driven project "EOSIO" announces collaboration with Binance Labs for developer support and ecosystem growth.
* **Jan 31, 2024:** Blockchain security firm publishes security audit report for the EOS network.
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice.
* Cryptocurrency investments are highly volatile and carry significant risks.
* Do your own research before making any investment decisions.
**Additional Notes:**
* EOS price has seen some positive movement recently but remains significantly lower than its all-time highs.
* Recent news reflects continued development activity and partnerships within the EOS ecosystem.
* It's crucial to understand the risks involved before investing in any cryptocurrency.
EOS: Don't Miss The Big Bullish WaveEOS: Don't Miss The Big Bullish Wave
This can be one of the best long-term trading opportunities.
The price tested a strong area near 0.665 and it is increasing the chances for the bullish wave soon.
EOS is developing very well outside of the pattern and it is also undervalued so far.
On the weekly chart, the stochastic indicator is oversold conditions by showing in this way a possible change in the direction of the trend.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
✴️ EOS 444%The chart looks beautiful, to me, literally.
Does this happens to you?
Do you consider charts to look beautiful/good?
The dynamic; The descending channel leading to a rounded bottom as the RSI moves up and prices start to reverse. This is matched by rising volume and oh!, I kind of realize I sound like a nerd.
➖ EOSUSDT looks good after a major downtrend since May 2021.
➖ It breaks below EMA50 weekly November 2021 and the downtrend is confirmed.
➖ It moves above EMA50 February 2024 and the uptrend is confirmed.
👉 444% is only short- to mid-term.
There can be so much more...
Thanks a lot for your continued support.
I'll "see" you tomorrow.
Namaste.
EOS/USD Secondary trend. Wedge. Price lows. 13 10 2023Logarithm. Time frame is 3 days. Linear for clarity. The price has reached the historical lows of 2017. The descending wedge is in the final phase of its formation. Percentages show adequate medium-term targets from the breakout of the wedge.
Local trend Time frame 1 day.
Major trend Time frame 1 month. (published 1.5 years ago)
EOS/USD Main trend. Channel
LONG #EOSLONG #EOSUSDT from $0.898 stop loss $0.861
1h TF. The coin formed a horizontal level of 0.8950, confirmed by several touches.
Now the price in increased volumes has returned to this level after a long correction. Consolidation is underway.
I expect an impulse breakdown of the level with volume support in the buyer's glass. The goal is to remove the upper liquidity.
EOS/USDT Bullish Leap from Support Zone? 🚀EOS analysis💎 Paradisers, brace yourselves for a promising trading opportunity with #EOSUSDT, currently nestled in a crucial support zone and signaling a potential bullish pivot.
💎 Delving into the #EOSNetwork's journey, it's currently on an ascent from significant support at $0.5213. With the price inching towards the resistance level at $0.757, a successful breach and maintenance above this threshold could herald a march towards conquering the next resistance level, with sights set beyond the current bearish Order Block.
💎 Should momentum for #EOS diminish, we might witness a bullish revival from the solid support at $0.725. However, slipping below this marker could lead to a considerable downturn.
💎 On a related note, the EOS community is buzzing with anticipation over the Kelexo (KLXO) presale, attracting notable attention from EOS investors.
EOS LOOKS BULLISHIas seems to be inside a diamond diametric that is about to start a bullish wave E.
This diametric started from the place where we entered "start" on the chart.
By maintaining the green range, it can move towards the red range
Closing a 4-hour candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You