EOS/USDT Continuation Pump in PlayEos severely underperform btc's recent run-up from 30k. Coin often laggard to most of the market and likes to pump in moments of btc instability. Increasing position down , with tight stop loss in mid 3.80s I expect this to play out in the coming days. Goodluck , this is my personal opinion.
EOS
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eos analyzeToday, we will analyze the IAS currency, Saturday, August 30, in a time frame of 4 hours in Sarai Bainance. Stay with us.
As you can see, according to the chart above, the price of this digital currency is still fluctuating within a range of no trend, which successfully broke the minor resistance of 3.75 cents, and we expect the price to be in the range of 3.77 cents to the current price. Ready to go back up.
If you are planning to enter, it is suggested that after completing the price pullback and forming an ascending candlestick, you enter the temporary range of the range of range (4.30 cents) in the medium term and in case of failure, it will grow to the specified targets.
The downside is 3.75 cents and the downward trend line is around 3.70 cents.
BTC/USDTBTC once again trading above $40000
After the Amazon FUD drop (which we told you wouldn’t take longer than a day to be bought back up) BTC has broken once again above our new POC (Point Of Control) at $38735 and reached our golden resistance at $40000
Buyer are gaining strength every single second, and they’re likely pushing price much higher in the next 3 days.
Our most important short term support for now lies at $38715 while our most important mid/long term support has become $34000 (a level we shouldn’t even get near to if we are to go higher)
BTC (UPDATE)What a massive pump it was! We made +25% profit at the top point. The strong resistance of $36000 was easily broken and now BTC trades above the $38000 support.
The priority is bullish as long as the price remains above the $36000 support. The next strong resistance is located at the $40000 - $41000 zone.
Want to remind you that if we see a dump below the $36000 support and closure below it, the upwards scenario will be ruined. There are still some chances that it was just a massive SHORT squeeze (especially if take a look at the Binance Futures huge upward shadow).
EOS Midterm trade 229% profit plus long trade Mi term and long term trade set ups for EOS.
Buying now would not be a bad idea, the price action has already popped out of the falling wedge consolidation pattern which is a continuation pattern. If we are going up and we break out of a continuation pattern to the upside you should consider the most likely price targets will be in the same direction of the over all trend.
In this chart I have charted a mid term falling wedge pattern bringing the price to $12.51 and a longer term trade of a rounded bottom to the price target of $28.60. The mid term target will be hit between 1-3 weeks, the long term target will be hit between 2-5 months.
EOSBTC Emerging 1D Death CrossThe pair has been consolidating this past month around the 1D MA200 (orange trend-line) and below the 1D MA50 (blue trend-line). A Death Cross is close to forming on 1D (when the MA50 crosses below the MA200) and that is consistent with all price actions prior to such Crosses since the April 2018 market top.
Every 1D Death Cross has made a Lower Low within the 1.236 - 1.382 Fibonacci extension zone. Currently that is just above 0.00005. Do you think that is a realistic target?
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EOS:DOWNTREND BEARISH FIBO IDEA|PRICE ACTION|SHORT SETUP 🔔Welcome back Traders, Investors, and Community!
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Short Vision on EOS EUR for 23/07/2021Hello Dear Traders,
You find below my analysis for EOS/EUR, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EOS/EUR will fall to 2.78 as I am showing in my chart. Our Daily Goal is 2.7.
Currently, EOS/EUR is moving towards the resistance level of 3 ,where there is some liquidity from this value we are looking for short-term selling opportunities of EOS/EUR.
Good Luck and enjoy your Bearish Market for today.
Entry:@ 2.98
TP1: @2.92
TP2: @2.82
TP3: @2.72
SL : @3.1
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Eos Sideways action for a while or if BTC drops Eos will drop out of this area and potentially sit in 2 dollar channel again.
Lots of fud against Eos, but Eos spreads lots of bs.
Bullish may come to fruition or it may not and whether that actually aids EOS is up in the air.. Either way it's a really Risky investment, but nothing ventured, nothing gained. I think Eos doesn't see ATH anytime in the next year, we stay below $15 and that's the great outlook. Keep your bag, but bag more from other projects in the space that will go 20,30,40,50x vs Eos 3-4x.
EOS entry setup, Long or Short?All the market is in bearish phase but I draw both LONG and SHORT scenario for U.
EOS is moving in a big channel and for now EOS has made a wedge pattern which u can take position based on wedge pattern breakout.
See the chart for full details.
Note that u must enter after breakout and in Re-test or pullbacks
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