We are back with EOS, where we had a major drop for this coin, resulting in almost a 50% dump for the coin.
Now we are looking for prices hovering near the local supportive zone at $0.73, which will determine the next major movement.
If we manage to hold this zone, then we will see a good re-test of upper resistance and EMAs, while if we see a breakdown, then...
#EOS
The price has been moving in a descending triangle since July 2022
The price has just broken the downtrend and is about to break out.
To break through Moving Average 100
Current price 0.73 $.
First goal 1.31 $
Second goal 1.87 $
Which represents 300% of the current price.
We notice a strong oversold presence on the MACD.
There is also upward momentum...
As a quantitative analyst and algorithmic trader, I find EOS to be a valuable asset within my portfolio.
My algorithmic trading strategy operates within a cloud-based system that incorporates two distinct edges designed to capture various market trends: a medium-term edge, positioned closer to the current market price, and a long-term edge, situated further...
I would consider two long scenarios on EOS
1) Price can decline to the trend line, if the trend line holds, I would consider long scenarios
2) Limit buy orders on resistance break @1.24-1,26 zone TP 1,9
DYOR
NFA
🧠We have been consolidating for a long time after achieving the daily level target. From a structural point of view, we have the opportunity to build a double bottom bullish structure near the neckline buying zone. If we can successfully break through the previous high, then we have the opportunity to see to above 1.867.🚀🌕
Let's see👀
🤜If you like my analysis,...
hi traders
EOSUSDT is ready for a big move.
The major resistance's broken and it's still early to load up on EOS.
Big move may surprise everyone who thinks that EOS is dead.
2 targets:
1,80 $
3 $
After reaching targets, we may enter a reaccummulation period.
In my opinion, Buying EOS now is very good idea.
Super strong bullish divergence on 1W/1M (Rsi growing/price falling)
Multiyear trend breakout could happen here when EOS price breaks through (around) 1.3$ per NYSE:EOS price. Orange line is resistance line.
Green lines are conservative goals.
Don't forget $18 per NYSE:EOS was ATH, so I believe price should reach at least $10 per $eos...
You can DCA...
This is an update to the previous analysis. Now that the scenario has been invalidated, this will be the last attempt for bears because if bulls can take price to $1.545 then BINANCE:EOSUSDT is bullish on the long run.
PREVIOUS ANALYSIS
OTHER ANALYSIS
LONG #EOSUSDT from $1.136 stop loss $1.125
2h TF. The EOS coin has currently formed a preload to horizontal resistance levels. The trading volume has been increased to 145 million. Since the lows are not updated, but the price is pressed to the highs, this indicates an uptrend and the dominance of buyers. The basis for entering a trade will be a proto-trading...
Hello Trader BINANCE:EOSUSDT.P
demand area middle trend reject, possible retest area demand in 1.058 - 1.070, area max target short 0.898
take profit 16%
stop loss 4%
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
EOS had been showing some weakness after the breakout near the $1.03 zone.
We are not seeking for a re-test to that same broken zone and potential breakdown from there as well, which would lead to a price of $0.90
Swallow Team
EOS Setup. After a confirmed breakout from the marked zone in green, we could take an entry at 1.0510. Remember stop loss is your friend. Everything is on the chart.
Entry 1.0510
S.L 0.9943
T.P 1 1.1199
T.P 2 1.2298
T.P 3 1.3371
