Trend seems to be up - See the triangle. Major supply zone around 2.0 Possible bullish Cup and Handle formation . After breaking the zone we could see a major run up as EOS was pretty stable compare to many other cryptos. I add to my current position with very tight stop loss for possible gain multiplication in a short term. Good luck and peace!
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 is very reange on 1.5 to 1.85 and ready for going to up frist target is 2 $ nest target is 3.4 ~ 3.5
I have no idea what I'm talking about, but this looks cool and if it happens I'm rich.
Currently I see three possible movements. With time one will crystallize out. Let's see what happens. Happy trading. :-)
See my earlier idea for the blunder. Thanks
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. :-)
EOS is not done yet, buy here and target is $10