Good morning everyone.
This is my first piece of technical analysis i have published so i would love to get your feedback on what you think.
I have seen pretty decent looking cup and handle forming. I believe we could be about to breakout from the handle. Buy when there is a confirmation of a breakout on the handle watch out for fake outs to the downside...
Hi, Traders ! Monfex is on the air !
EOS Bulls have broken through the Resistance at $3.40; now the price is retesting this level from above.
* EOS seems to be losing traction after a short bullish run to as high as $3.70 level.
* At that point of reversal, the price has faced with the upper band of the mid-term descending trend channel.
* It is now...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (3.4010). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EOSUSD 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.
....
Hi, Traders ! Monfex is at your service !
The Bears prevent EOS from rising above $3.40 - $3.50. Strongest Resistance!
* In the meanwhile, EOS remains the top crypto in the 14th Chinese updated Crypto Ranking published by the China's CCID Research Institute. The Ranking features 35 coins and gives each Blockchain project a separate score based on its technology,...
Hi, Traders ! Monfex is on the air !
EOS strings along with other cryptos in the recent widespread downfall.
* In contrast to major cryptos (BTC, LTC, ETH), EOS doesn't have a significant reserve down from the current levels.
* EOS price action is well-defined within the descending trend channel with the next stop projected at $2.20 - $2.30 level.
* The price...
Hello, Traders!
Monfex is at your service and today we overview EOS/USD.
There is a medium-term resistance for the EOS of about $ 3.95 , upon reaching which the EOS will break through the global resistance lines.
Locally, there is a falling wedge and a downward channel. Breakout of $ 4 will confirmation of bullish trend.
Before the end of the year RSI will have...
Hi, Traders ! Monfex is on the air !
Our today's pick is EOS - cryptocurrency designed to support large-scale applications.
* EOS's network is expanding further with one of Spain’s largest travel agencies - Destinia to include EOS in its payment options.
* Technically, EOS is speeding up the recovery after falling by more than 1$ (30%) in price - from $3.80 to...
Hello, Traders!
Monfex is at your service and today we overview EOS/USD.
Latest news:
The blockchain company Block.One, which developed the EOS protocol, agreed to pay a $ 24 million fine imposed by the court on charges of SEC of unregistered securities trading during the ICO organized by Block.One in 2017-2018.
Against this background, the price of EOS rose by...
Action: Sell at Market Price $4.6011
Stop Loss: $4.6874
Take Profit: $4.4619
Order valid: 12 hours from publication
Disclaimer: This material should not be the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions, and
is not related to the provision of advisory services regarding investment, tax, legal,...
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