EOS/BTC
-EOS is on a strong downtrend since 2019
-But this time around, the selling pressure started to cool down
-Strong wide Bullish RSI divergence is now signaling
-A potential trend reversal in the near term
-I'm not saying the EOS will go straight up to 5200 sat right away
-It needs to break the local resistance 1st located 3000 sat range
-If EOS does the...
EOS/ETH
-the price keeps respecting descending trendline of support
-but based on the left side history
-the next key support is located -20% down more
-which coincide with two key factors; the swing Low support & Fib 0.786
-I'll update the chart if every see reach the target area below
EOS/BTC
-the price has reached the Dec 2017 last support area
-this will be its last area of defense to change the tide
-if this zone also failed, we will see a retest of ATL at 8000s sat
-but no worry, we can see a clear bullish divergence on the weekly RSI
-this may help the bulls and traders to start looking for best entries
-but for me, I would like to see a...
EOS/BTC
-starting to break the trendline resistance
-if the candle closes bullish green
-there is a high probability to change the trend
-the technical pattern we have is an ascending triangle
-the upside potential is up to 3300-3800s
-stoploss is placed under a previous higher low at the 2750s
EOS/USD
-long term view
-bounced at 2018 key support area
-added with 2017 minor support area
-trading inside a potential double bottom
-if current levels will hold
-break the downward resistance line
-upside target is up to 8.6
-key stoploss is below 1.36
EOS/BTC
EOS broke the trendline resistance from the high 4650 sats and now holding the EMA 26 plus 50MA support on the 4H timeframe.
We can see a potential 1st higher low is being set at 4060 sats. From a bullish standpoint, this higher low is our key guide for the uptrend and if the price breaks this.
Potential uptrend will be invalidated and EOS will continue a...
Technical analysis:
. EOS/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.4600 to 0.4220). if so, traders can set orders based on Price Action...
Technical analysis:
. EOS/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.5440 to 0.4940). if so, traders can set orders based on Price Action...
Technical analysis:
. EOS/BINANCECOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.5440 to 0.4940). if so, traders can set orders based on Price Action...
