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Eosusdlong

EOSUSD - To long or not to long?EOS has a corrective structure, the main question is " Is it done or half done? " There are not many (high probability) counts left. Its either a completed zigzag , a(n) (expanded) flat or the beginning of a diagonal . Short term bias: [ Cautiously ] Bullish - monitoring the structure for better entry Mid term bias: Bearish - missing the fifth Tradingview has issues, UI > functionality. Here is the image with the comments that for some reason are not in the idea. (printed as orange lines?)
BITFINEX:EOSUSDLong
by Acel
11
We're falling into the buy-zone! Update (EOSUSD, EOSBTC)Hello everyone Today a small update on EOS. We will start off with the EOSUSD chart, then proceed to EOSBTC and then have a look at EOSUSDSHORTS/LONGS. Let’s get straight in to this! EOS/USD -For me EOS won’t go much lower than recent price-levels, I think that we’re falling in to buy-zone. Buy-zone for me is between 3.5 and 4.5. I chose this levels because it’s a very strong support level right there! If we go down to 3.5, that would be a decline of 25%, this is worst case scenario for me, if you are planning to buy EOS, do it in parts and don’t wait to the 3.5 level. -Interesting: EOS went down one time to the oversold area in the RSI, now EOS is down to the 20-level. The last time we’ve hit the oversold area for EOS, we went up with 361% in one single month. -Another thing that could happen is a creation of a possible reversed Head and shoulders pattern. A perfect left shoulder is created, if we go back up, the head and right shoulder could possibly follow. ( this indicator is pure a fun speculation). -Risk reward: so as I said before, our first huge support line (in this case support zone) is between 3.5 and 4.5. Worst case scenario we go down to 3.5 and have a loss of 25%. If we bounce of in this area (which I expect), than our first strong resistance is at 9, which is a gain of 95%. This could possibly be an interesting trade. EOS/BTC -The first thing I always look at: is this chart creating higher lows? EOS does! This is a very bullish indicator! We constantly see higher lows, even after the bloodbath, if we can find support at anything above 0.0006, than we’ve created again a higher low, I’m very optimistic for EOSBTC if we stay above 0.0006. -I’m not worried for EOS if we go further down, I only worried if we don’t find support in the pink area which is a very big support zone! -The biggest resistance lines we have to look at are 0.001 and 0.0013 -Conclusion: we could certainly see EOS outperform BTC in the future! EOSUSD/SHORT -This is a very interesting chart! This chart shows how much people are going short on EOS. We can see that the shorts have got a rejection at 7500000. Now can go all the way back down, these chart is massive! This shows us the amount of people who are scared that EOS goes back up, if EOS goes up, then everyone who’d shorted EOS, got to buy EOS to restrict their loss. This green candle is one massive block energy to get unleashed sooner or later. EOSUSD/LONGS -So for the long chart I just putted a really speculative fact. We can see a clear pattern of 400% up, small downtrend, stability, 400% up, small downtrend, stability… the question is will this pattern last ( I really don’t think so, just thought this was a fun fact). Love to hear your opinion on this! DM's and comments are always welcome. Leave a like if you appreciated it!
BITFINEX:EOSUSDLong
by cheynos
EOS - WHAT'S GOING ON? GET THE COMPLETE INSIGHT!EOS has been in a downtrend since long and the value has depreciated a lot in the past few months. People have a love-hate relationship with EOS and it's justifiable too! xD Let's check come important points here! HIGHLIGHTS: 1> Broke out of the falling wedge on 16 July. 2> Approaching the end of the symmetrical triangle.(Which can break in any direction) 3> Getting resistance from the downtrend line established in the begninning of May. 4> Getting support from the long term uptrend line established in the end of March. 5> Critical support level lies in the 5.5-6 region. Below that it's gonna fall back to 4-region. Alternatively, the upside potential is huge.! Please take care to use indicators such as RSI , MACD , EMA etc. while trading. P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal. Invest your capital at your own risk. Keep an eye out. Trade safely. Always remember, money not lost is also a profit. Good luck trading.! Peace.
BITFINEX:EOSUSD
by johntradingwick
1
EOSUSD: from a risky point to a good entry point?Hello guys, following EOSUSD during these last days I'm convinced this could be at a good long entry point. I know it's exactly the opposite I wrote one week ago but I did't expect all this resiliency against BTC. In fact, if we also analyze EOS against Bitcoin we realize how EOS is leaning on the 200 daily MA and this can facilitate rebound of price. So if we buy EOS at this level against USD or BTC, we have in both cases, small stop loss but interesting bullish target. In case we buy EOSUSD stop loss must be set around 6.8 USD, with a potential loss of about 4.5% but with a possible first bullish target to around 7.75 USD or 8.6% of gain. In my opinion is a good risk/reward ratio. Volume is not particularly exiting, but we also to consider volume of general market is particulaly low also due to the part of the year. Indicators on both charts are set to support a possible bullish movement. To sum up: if we buy EOSUSD at 7.13 (current price)----> TP1 7.70/7.75 USD----> TP2 8.1/8.15 USD SL 6.8 USD ***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
BITFINEX:EOSUSDLong
by BlackSwan_DAR
EOSUSD to touch the trend-line then shoot >250pipsEOSUSD is closing a deciding are where it will either continue the down trend or bounce back up. The ket support and resistance are in line for the moment, however the yellow trend can be broken at the 4th attempt just like the previous uptrend. It will be interesting to see EOS shoot up for a few hundreds of pips then it probably reverse back and head down the same way other Altcoins are doing now. I am looking forward to hear your opinions about this idea!
BITFINEX:EOSUSDLong
by TotoParasca
5
EOS SCREAMING Buy ! Long - Shooting for a Double $14.00Follow-up to May 2018 TA, we had a dead cat bounce at 61.8% fib level up to 50% fib level and the market was exhausted. Bringing EOS back to Support 1, consolidated for a while, then further selling until reaching S2 which is the current level of $7.00. Next level down is S3 @ $6.00. Now is a Good place to cost average buying. RSI overbought. *Not financial advice, but we believe in platform. Free transaction costs, 7000 tps, and strong community. We are long. Comments welcome.
BITFINEX:EOSUSDLong
by Richy007
EOS SCREAMING Buy ! Long - Shooting for a Double $14.00Follow-up to May 2018 TA, we had a dead cat bounce at 61.8% fib level up to 50% fib level and the market was exhausted. Bringing EOS back to Support 1, consolidated for a while, then further selling until reaching S2 which is the current level of $7.00. Next level down is S3 @ $6.00. Now is a Good place to cost average buying. RSI overbought. *Not financial advice, but we believe in platform. Free transaction costs, 7000 tps, and strong community. We are long. Comments welcome.
BITFINEX:EOSUSDLong
by Richy007
EOS, is it your turn?Hi Guys, I'm back with EOS chart,again. It's not problem if we had a very very huge Reversal patterns and signs in chart,Or my black arrows in new chart in favor of bullish triangle pattern,Just what BTC decide,is important. Few time till now that BTC ruined beautiful patterns like iH&S,Bullish wedge,Cup and Handel and etc and will do it again if make another drop and will destroy this triangle with its pressure.Even with this potential triangle that can turn to a symmetrical one and make my red arrow,real with its continuation.So need to be cautious,like always.Trader is not cautious,isn't a trader.He is just a bad gambler.But id BTC walk in a right way,EOS can reach 11$ easily. So i will update this idea as soon as BTC shows the answers. Good Luck Peyman A
BITFINEX:EOSUSD
by Peymana71
3
EOS UPDATE.1Traders, Here we have EOSUSD 1D chart. Previously in the last idea about EOS perfectly predicted lower levels. The equal ratio is too perfect to be established here even it's a wide date range. Kindly you can check the idea here below: Having 24 bars, 24 days to reach the crossing DMI, But this is Gann's. having cross today for the 1st time and breaking the bearish trend with perfect touch of the main bull trend from bottoms. I can talk about this perfect chart all day, But in summery everything says that we have TP:23$:25$ Note: it's a humble vision and and a good chance for me. Like will be appreciated. Regards, Mohsen
BITFINEX:EOSUSDLong
by MohsenCapital
1
EOS, It's your turn!Hello my friends I want to complete my last analyse on EOS with this quick idea. I mentioned there that maybe we have a Cup & Handle in chart and now i'm more sure about this pattern and think we will end this down trend with this. In indicators we have bullish cross over in MACD 4H and about to break ichimoku cloud 4H too.All of these are bullish signs and just need a push from BTC to confirm this pattern. I will update it as soon as i find new sign. Good Luck
BITFINEX:EOSUSDLong
by Peymana71
4
Very interesting point for buying EOSUSDHello guys, I think it could be very interesting buying EOSUSD because it's breaking a descendent trend line, starting from hystorical highs, and the 200 2h MA. Volume is rising. If EOS is able to remain around 8 USD (R1), better above, at the end of this 2h candle we can buy it putting the first target to 8.30 USD (where we find a first weak resistance), even if the real target is around 9 USD (R3), near the next important resistance. Stop loss must be set at 7.68 USD, representing a good risk/reward factor. Indicators support a possible bullish trend. To sum up: Buy EOSUSD if closes above 8 USD at the end of this 2h candle R1----> R2 8.30 USD----> R3 9 USD Stop loss 7.70 USD ***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
BITFINEX:EOSUSDLong
by BlackSwan_DAR
YOU SHALL NOT PASS! EOS testing long-term trend lineThe idea is as obvious as the chart is. This is really a critical moment for EOS that will show whether all this hype was justified. The fisrt short-term goal is $8 which is 20% gain from current safe level. It lays on intersection of the parallel ascending channel, support-resistance line and 0.786 fibo retracement - pretty solid. The next target rests in the range of $10 - $11.2 where i propose to book some profits because of heavy resistance at 0.618 fibo. The stop-loss can be placed just below long-term trend line while the brave and the risky can put it even lower, behind support at $5.8 Good luck and stay tuned!
BITFINEX:EOSUSDLong
by dmitry0cake
EOSUSD is at a crossroadHello guys, EOSUSD is in a very precarious situation. If prices are not able to rebound from the actual level, the likelihood is very high it comes back to around 6 USD. At the moment price is near the trend line supporting the bull trend started during November, 2017. It's a critical point. If we analyze EOS against BTC on a daily chart, we see it's in touch with the 200 daily MA, usually representing a strong support. The advantage to entry at this level is that the stop loss is very narrow and it must be put under 7.3 USD. Indicators and volume point out a possible fall because the firsts are set to go down instead volume is quite low, showing poor interest. If EOSUSD is able to react is possible to see it back to 9 USD in brief time, where passes the upper trend line linking the highs descending from the hystorical top. But if it breaks 7.3 USD (S1) is likely to find it at 6.4 USD (S2) as first level and then 6/5.9 USD (S3) (in my opinion, at the moment, the most probable scenario). To sum up: - if it breaks S1 7.3 USD----> S2 6.4 USD----> S3 6/5.9 USD, - if it's able to react from current price of 7.53 USD it can come back to 9 USD. ***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
BITFINEX:EOSUSDShort
by BlackSwan_DAR
1
Interesting entry point for EOSUSDHello guys, after a recent very heavy bearish period of all cryptos now they seem to have found a supportive level. Till several days ago I was convinced cryptos were destinated to collapse further, because the volume were high only when prices were falling. But after a false short signal they rebounded roughly, stopping the bearish movement. On this asset you must have the mental elasticity to change your view quickly, otherwise you risk big losses. Even if EOS, at the moment, is not particularly strong if compared to BTC, I think EOS is at a good entry point because risk reward factor is favorable: in fact with a stop loss of about $1 we can set a first target to at least $2. To be clear: EOSUSD leaned for two times in the last six days (validating the supportive area) on the trend line starting from the begining of the rise of this crypto. At the moment if we buy it at $8 we can set a first target to $10.2 (R1), where passes the 200 daily MA. The next resistance level is to set to $11 (R2), where we find a resistance level. The only thing I'm concerned about is volume: generally low and not supportive for a possible rise. To sum up: if we buy EOSUSD at $8----> R1 $10.2---->R2 $11 STOP LOSS: below $7 ***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
BITFINEX:EOSUSDLong
by BlackSwan_DAR
EOSUSD at a critical pointHello guys, EOSUSD seems to be at a critical point: in fact this level, about $9.70, could be a good point to enter or a level for a new negative impulse. If we think could start a rebound, even if in my opinion this scenario has a little chance, this point could be a very good entry point, considering at this level passes the 200 daily MA and a statical support. The stop loss could be set at 30/40 cent from this level and the first profit level could be set at $10.50 and then $11.40 On the other side, if prices would be so weak to leave this area it could fall to $8. All indicators shows weakness and are not set to a durable climb even if a little recovery can't be excluded. ***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
BITFINEX:EOSUSD
by BlackSwan_DAR