Looking at the EOS trends
As you can see in the chart, the resistance line will be broken soon. Increasing volume as well as the positive RSI tell us EOS has a bullish potential. Target: 0.0018821 Stop: 0.0015686 Risk/Reward ratio: 3.71
$EOS is currently in a very bullish mood as its mainnet launched last month. For me, it is forming a solid move and it has been outperform all those big coins (BTC, ETH, etc). Always read the chart commentary
Honestly I beleave that EOS can do this or partially can ))) Approx target levels around $90-130. I publish possible levels based on logariphmyc trend chart. Now we have breakout main bearish line and has a super tight BB before this. It can be signal, that correction of first wave is over. We have 0.618 fib touch and more than 12 days of correction. It can be...
Hey gentlemen, and ladies if you're into this kind of thing...I'm super bullish on EOS so keep that in mind. I've been keeping an eye on the EOS/ USD pairing because I need some cash right now. But here's my take on the Bitcoin pairing if you're interested in accumulating BTC. The yellow lines represent heavy support and resistance levels. The green box...
Tight stop under support, TP at previous ATH/1.618 Fib ext. If it bounces from here (which it should considering how hard the MAs are trending for a continuation) aiming for the 1.618 TP and saving some more EOS for a continuation of the trend at the next Fib levels is ideal.
I made this only for practicing. Do not follow it! Or you may fail.
This is only my opinion, it's not advice nor recommendation to either buy or sell anything. It's only for informative purposes.
This is only my opinion, it's not advice nor recommendation to either buy or sell anything. It's only for informative purposes.
I applied elliott wave and when you look at on a bigger picture (eosbtc). You'll see how beautiful eos is forming a cup and handle pattern. :D This is only my opinion, it's not advice nor recommendation to either buy or sell anything. It's only for informative purposes.
This is only my opinion, it's not advice nor recommendation to either buy or sell anything. It's only for informative purposes.