EOSBTC have rebound on rising trendline i suggest long position
the price is approacing the ascending trendline. I sugged a long position on this cross. Important movement may occurs The same will occurs for eosbtc and eosusd that have a similar situation
An important movement in EOS/USD Cross highlight that EOS market maybe at the bottomline. A strong buy may be a great opportunity.
EOS is a millonaire project that is undervalued now. Good potential for short and long term
Price is near support line. We could get good long opportunity, but first we need to wait for price reversal confermation. So i wouldn't set a buy order at the support line. Set a buy order at 1.4 and target is at 1.65.
The price dropped to the support zone near the bottom border of the horizontal price channel. We have a bullish candle confirming that the market bounces from 1.60 level. RSI confirms price reversal. It's buy opportunity. We can place pending orders for buy at 1.71 level with stop orders below 1.47 level. Profit target is the top border of the price channel.
As you see in my old chart, we have reached the goal. The question is now: do we have more up to 3 USD or a further consolidation below 1 USD. In my opinion, both are possible. I will update the chart if the situation looks clearer to me. Let's see what happens. Happy trading.
EOS.USD Long Setup! Currency pair - EOS.USD Chart timeframe - 1hr Area of interest - 1.91 & 1.97 Chart pattern - Elliott Impulse Wave (12345) Potential target 1 - 1.91 Potential target 2 - 1.97 Potential extended target - 2.05 Please implement your own due diligence prior to entering the marke
Bearish Sell Off! Currency pair - EOS .USD Chart timeframe - 1hr Area of interest - 1.83 & 1.76 Chart pattern - Elliott Correction Wave (ABC) Potential target 1 - 1.83 Potential target 2 - 1.76 Potential extended target - 1.72 Please implement your own due diligence prior to entering the market
We have range market conditions for EOS and our trading must be based on the rules for such markets. It means that we have to wait for trading opportunities when price reverses from the bottom level of the channel or breaks outside this channel. Based on reversal signals from the support level we'll have to buy with stop orders below this level and the local swing...
EOSUSD consolidated hard after its fall. Sideway movement is good as whales could be looking for opportunity to buy. Look for a surge in volume and a confirmation from price action before buying.
EOS is forming a symmetrical triangle. Looks like it could break out from the triangle after the Bitcoin Cash hard fork later today. Volume is still healthy but market depth favors more to the sellers. Watch out for hourly price action.
Seems like EOS reached a major supply region. The long wicks we see in the last 2 candles indicate that people are taking profit. Be careful when buying near this zone. There's always a possibility of going up but there's too much risk. EOS could retrace down to the .618 to .5 levels.
Looks like EOS is about to take profits. Be careful if you buy near the current price at 1.72.
I have no idea what I'm talking about, but this looks cool and if it happens I'm rich.