Looks to be in accumulation phases my two ideas on how to trade 1. wait till eos breaks through resistance on then trade up to tp1 and and tp2 2. buy in now with stop loss right under support if you go with the second way it can take a while to develop but profits will be higher. stop loss @ 1.39 ( risk 10%) tp1 = 140% tp2 - 200% if you agree let me...
The price dropped to the support zone near the bottom border of the horizontal price channel. We have a bullish candle confirming that the market bounces from 1.60 level. RSI confirms price reversal. It's buy opportunity. We can place pending orders for buy at 1.71 level with stop orders below 1.47 level. Profit target is the top border of the price channel.
As you see in my old chart, we have reached the goal. The question is now: do we have more up to 3 USD or a further consolidation below 1 USD. In my opinion, both are possible. I will update the chart if the situation looks clearer to me. Let's see what happens. Happy trading.
EOSUSD chart looks like will break out soon. follow the chart and possible buy if it breaks the above line. It also looks Tk cross happened in Ichimoku Cloud and looks like Bullish Pennant to me. Lets see in which direction it moves
Buying signal when overcoming resistance line buy 2.1 tp 3 - 5
EOS.USD Long Setup! Currency pair - EOS.USD Chart timeframe - 1hr Area of interest - 1.91 & 1.97 Chart pattern - Elliott Impulse Wave (12345) Potential target 1 - 1.91 Potential target 2 - 1.97 Potential extended target - 2.05 Please implement your own due diligence prior to entering the marke
Bearish Sell Off! Currency pair - EOS .USD Chart timeframe - 1hr Area of interest - 1.83 & 1.76 Chart pattern - Elliott Correction Wave (ABC) Potential target 1 - 1.83 Potential target 2 - 1.76 Potential extended target - 1.72 Please implement your own due diligence prior to entering the market
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...
EOS is still minting millions of new coins every day at the moment. How do you trade an issue already valued at $1Billion+ (counting all 1billion coins trickling out) - The answer is all in the price. Using count back analysis can be helpful to give entry and exit signals when little else is known other than price. Step 1 - find the lowest candle Step 2 -...
EOS is about to complete its trending symmetrical triangle. RSI indicates an upward breakout, but wait for confirmation signals.
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
EOS is forming a symmetrical triangle. Looks like it could break out from the triangle after the Bitcoin Cash hard fork later today. Volume is still healthy but market depth favors more to the sellers. Watch out for hourly price action.
TA says it's a good buying opportunity at this level- 1.5 is the best but There are some concerns EOS is an ERC20 Token on ETH but was suppose to be a new private blockchain Watchout for the levels- If the project works you might see easy 5-8x by the end of this year If the project doesn't even start- good luck with your investment,