In my earlier idea on EOS I felt that the smal green in big red wave was going to bounce on the $ 2 support. Now that is has broken trough already, the next approaching double red line AND the current market situation...I feel we will most likely break trough the $ 1. After that there is no support. But On the bride side it could be a traders wet dream bouncing...
After a new currency was added to one of the major exchanges, a "high-flight-bubble" came on short-term. After that, a phase of relaxation often follows. Here three ideas ... Let's see what happens. Happy trading. :-)
The time frame of eos is very short. The analyzes are therefore very fragile. I see two possible trend channels just now (down red/green an up pink/purple). Point 1: Here could be a first up, if the resistance will break. Point 2: Here could be also an up later. For me 2 is more possible, because we should see 23.6 fibo bottom. Let's see what happens. Happy trading. :-)
Here comes another drop...
EOS seems to be in a bullish phase. Entry : 0.0180 TP : 0.0197 SL : 0.159 this is my own opinion, not an advice. But please share your thoughts :)
I see a ridiculous rise into the green followed by steady profit taking, it will probably move sideways a bit here up and down 5-10% for a few days until the market works out whether this project is fundamentally promising
Approaching cup and handle formation entry. Get ready for a 37% gain. watch your stops.
looks like a classic cup formation. waiting for the handle. could see this go to $2.50 hold for now for a better long position