Get started

Eosusdlong

EOS/USDT: Corrective Elliott Waves 1H (Jul. 29)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we zoom out from our previous analysis to assess the temporarily bearish probable cases for EOS. Bullish Evidence - To begin with, the Simple Moving Averages (SMA) are all aligned in the order of: 20SMA, 50SMA, and 100SMA - This not only indicates strong support but also strong bullish momentum - Prices are forming higher lows and higher highs - The Relative Strength Index (RSI) is at neutral levels - Prices are trading above the Ichimoku cloud support, as an indicator of bullishness and strong support Bearish Evidence - However, we have spotted a textbook bearish divergence, with higher highs on the price and lower highs on the RSI - The Moving Average Convergence Divergence (MACD) is about to form a death cross, as it shows weakened momentum with smaller bullish histograms - Counting Elliott Waves, the Elliott Impulse Wave count (12345) is over, as we look for either a corrective wave in play or waves for consolidation - While there is a clear uptrend, the fact that the trend is going parabolic can be quite worrisome. What We Believe In summary, EOS has had a good rally, and is temporarily looking for a correction at the moment. However, as there are a plethora of technical evidence indicating potentiality for bullish scenarios as well, further confirmation would be required for a complete bearish trend reversal. Let us know what you think in the comment section below Trade Safe.
by XForceGlobal
EOSUSD: Analysis using Ichimoku 22/07/2020H4 On D1, the cloud is directing upward, indicating an uptrend. You can visually see how the triangle price correction model is forming. Conclusion: We recommend selling from the upper line of the triangle pattern when the RSI reaches the overbought level again. Also, we recommend to close sell and open buy when the price reaches the level of 2.5, and the RSI reaches the oversold level. H1 At H4, the cloud is directing upward, indicating an uptrend. But, a divergence has formed between the RSI and the price, indicating an imminent change in price movement. Conclusion: We recommend selling when the RSI H1 reaches the overbought level, and we also recommend looking at the H4 chart to plan a trade. In the medium term, we should expect the price to rise to the level of 3.5, possibly higher.
BITFINEX:EOSUSDShort
by QubitLife
4
EOSUSD formed bullish Gartley | Upto 143% move expectedHi my friends hope you are good, This time I have brought another beneficial trading idea for you with complete stop loss strategy. Very big bullish Gartley pattern: This time on 2 month chart EOS has formed a very big harmonic Gartley pattern and entered in potential reversal zone. Buying And Sell Targets: The buying and sell targets according to harmonic Gartley pattern and its Fibonacci sequence should be: Buy between: $4.26 to $3.06 Sell between: $5.20 to $7.45 Stop Loss: The potential reversal zone area that is up to $3.06 can be used as stop loss in case of complete candle stick opens and closes below this level. Possible profit and loss ratio: As per above targets this trade has the profit possibility of 143% and as per above mentioned stop loss, the loss possibility is 28% Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
BITFINEX:EOSUSDLong
by moon333
EOS/USD - You can take the 1% risk.The day looks bearish. Because the price is under the EMA. Jammed in a triangle. Of course it's better to buy after leaving the triangle. Let's go down to 4H and get a closer look at the situation. You can take the 1% risk. In order to earn 5%. You can tie up a stop loss. In terms of Fibonnacci, we're down to the purchasing level. Now the market is jerky. And getting ready to dive down. It's summer over. It's the rotten 3 months for financial markets. Lots of traders on vacation.
Long
by Valeriia_Top
7
Transactions Have no Value, but this Lawsuit Might | EOS ($EOS)⚖️ While the crypto market as a whole has a chance to recover, and we have generally favored long setups on crypto, we think EOS specifically will make a good hedge short play. EOS has seen a string of bad news including a lawsuit and a report that suggests most transactions on EOS have no financial value. That, alongside a short term bearish trend, has us looking for more downside in the near term. Resources: cryptobriefing.com + www.coindesk.com ✨ Drop a comment asking for an update, we do NEW setups every day! ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- 1. Fractal Trend is showing a downtrend (Maroon bar color) on the 30 minute timeframe. This is indicative of the short term bearish trend for EOS. 2. With this strategy, we are looking for short setups in a downtrend and as such want to enter short on retests of bearish order blocks plotted by Orderblock Mapping (Maroon line color) and/or bearish S/R levels plotted by Directional Bias (Maroon line color). 3. Right now we are looking for a short entry off the R1 bearish orderblock which we hope to see act as short term resistance. The target from that trade is the bottom of the pennant. A stop placed below the R2 bearish orderblock cluster will help limit risk. 4. If our first entry doesn't work we will open another short in the R2 range with a target of S1. Here a stop is placed well above the R2 cluster and should only trigger if R2 fails to hold. Again, the idea here is to use EOS as a hedge against our other positions. Good luck fam!
by AlphaBotSystem
EOSUSDt locally signal (long)Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market stop: 2.6-2.5 (depending of ur risk) target zones: 3.25 - 3.6 - 3.95 (after first target will reached move ur stop to breakeven) Follow me on TRADING View, if you don't want to miss my next analysis or signals. Good luck. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate. Also open to your suggestions.
Long
by trytofeelpositive
3