Eosusdt
EOS - Trade SetupEOS is also Neutral.
Right now that I'm posting this chart, I can feel the market is going through a little correction. The lower Bollinger is pushing the price up.
Also those 2 support areas can hold the price up. if you're into opening long positions, here is a setup for you.
Wait for the price to cross that resistance area and right after the closure of the first 4H candle above that line, open your long positions and aim for that TP.
I'll keep this chart updated.
Current Market Price: $4
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EOS/USDT reveiw: High Probability Breakout soon ✅What Is EOS?
EOS is a platform that’s designed to allow developers to build decentralized apps (otherwise known as DApps for short.)
The project’s goal is relatively simple: to make it as straightforward as possible for programmers to embrace blockchain technology — and ensure that the network is easier to use than rivals. As a result, tools and a range of educational resources are provided to support developers who want to build functional apps quickly.
Other priorities include delivering greater levels of scalability than other blockchains, some of which can only handle less than a dozen transactions per second.
EOS also aims to improve the experience for users and businesses. While the project tries to deliver greater security and less friction for consumers, it also vies to unlock flexibility and compliance for enterprises.
The blockchain launched back in June 2018.
The EOS platform was developed by the company Block.one, and its white paper was authored by Daniel Larimer and Brendan Blumer.Larimer is a software programmer who has also started a series of crypto ventures. and Blumer is a serial entrepreneur, and one of his earliest ventures involved selling virtual assets for video games.
What Makes EOS Unique?
To an extent, you could argue that EOS aims to create familiarity for its users. Whereas EOS. IO is probably best compared to an operating system like Windows or iOS, EOS is the cryptocurrency that drives the network.
According to the company, it has the capacity to accommodate the demands of hundreds, if not thousands, of DApps — even if they were being used by substantial numbers of people. Parallel execution, as well as a modular approach, are said to drive this efficiency.
In a unique twist, token holders have the ability to vote for block producers — as well as other matters such as protocol upgrades.
Unfortunately, some of the most distinguishing features of EOS are those that certain critics dislike the least. There are those that argue that extensive Block.one’s involvement with this project means it’s rather centralized — and some argue this is the opposite of what blockchains and cryptocurrencies were meant to achieve.
Concluding remarks
This cryptoCurrency (EOS) has been developed to facilitate efficient and scalable decentralized applications. Blockchain IAS includes an operating system such as a set of services and functions that acts like the Atrium platform.
From the point of view of experts and analysts, the future of eos is very bright . In the coming years, the price of eos will see an upward trend. So if you are thinking of investing in cryptocurrencies, it can be a good option for you.
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✅TECHNICAL ANALYSIS
We got the last move for EOSUSDT ... Here we go again.
We have prices for EOSBTC moving back above EMA50.
The RSI is strong near 50 and we also have a higher low.
Also, as you can see in the picture, there is a divergence between the RSI index and the price, which indicates the saturation of sales and price returns.
The next move for EOS goes up.
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades.
Update For EOS/USDT Analysis
Although the EOS was able to reach the targets specified in the previous analysis (more than 600% profit), but it didn't succeed to perform better than Bitcoin and Ethereum , if the rally continues, we can hope for its bull run again .
✅TECHNICAL ANALYSIS
As you can see in the weekly time frame for EOS/USDT, the price is trading around 4.2 $ .
EOS has been fluctuating between the two supply and demand ranges since December 2017, and it seems that it can fluctuate in this range at least in the medium term, but it is likely to escape upwards from this range as well. It is now in the range of support and demand, which can be in this range for a short time, but if the weekly candle can be above EMA 20, 50 and 100, We'll see an upward movement.
EOSBTC CHART:
EOSETH CHART:
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💥(Anyway, my constant suggestion to my dear community is to buy step by step ( in a few steps) , With considering risk management , Because this crazy market is very volatile than you have never seen in any other markets .)
💫(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.💯
🙏with Best Regards and successful trades❤️
💜 if you like my analysis, give a big thumbs 👍 and drop a comment
EOS - Resistance (Update)EOS too, is fighting resistance as predicted and now is consolidating around that area.
It might see a bit of price drop but the support areas can hold the price up.
I'll get keep this chart updated for more info.
If you're into opening long positions wait for the price to pass the resistance and then aim for the TP areas.
Current Market Price: $3.94
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EOS - Fighting ResistanceJust like Bitcoin and ETH... EOS is also strong.
It broke 2 resistance areas since 48 hours ago and we're still on profit.
If you're into opening long position, wait for the price to cross the resistance or close a candle above that area and then open your positions.
The price still have room to go up even if it wants to form another bearish pattern. let's use it!
Current Market Price: $4.1451
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EOS 50% to 100% profit coming. Hello trenders,
Eos created a nice trendmark that may be now the new support.
The next push is going up to 6 Usd levels, maybe 8 Usd according to redistribution so that can be light to pump in the coming weeks.
Timeframe need more study but the idea is bullish.
M.M.M Make Motherfuc.in Money
Be wise: don´t work for the money, make your money work for you.
EOS/USD ($3-$4 Long Term Support?)💎Technical Analysis Summary💎
EOS/USD
-EOS is back to the average price level after the breakout of the long term trendline
-It is currently retesting the $4 support area which is just above the key interest zone
-The recent low is at $3 so we can have a good buy interest down to the point
-Because this can be a good reference of middle support since 2018
-We just need to see if this green area holds its structure for the next 1-3 months
-And that will increase our bullish bias for long term price action analysis
-I will update this idea after a few weeks once new data is developed
⚠️Please always read the description⚠️
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Send me a message here PolarHusk 😊
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
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EOS - 6h. Below $ 3.7, buyers will have problemsThe tense situation in the altcoin market and the weak reaction to BTC's attempt to start growing is starting to worry. Analyzing the EOS cryptocurrency over the past two months, buyers have completely given the initiative to the wrong hands. If in the period of June 8-13, buyers had every chance to reverse the local sellers' trend, now we see a lack of support and desire:
On the 4 hour timeframe, we showed how buyers held the important range of $ 4.4-4.7 for a month, which has now become their main problem. On May 19, during a massive fall in the cryptocurrency market, EOS buyers kept the price in this range. However, a month later, sellers without volumes were able to lower the price lower and take control of this important range without any problems.
On the 12 hour timeframe , you can clearly see that the EOSUSD price is moving in the white channel of the fall from May 27:
The lower trend line works out especially accurately. Yesterday, buyers had a chance to go beyond the white channel and break the sellers' plans. However, as we see on the chart with such trading volumes, it is very difficult to reverse the medium-term trend.
Local scenario for the EOS market.
On the 6 hour timeframe, the price moves in a black wedge. The critical point for the continuation of the upward trend is at $3.7. Below this level, buyers will lose local initiative and will again have to prove their strength at the level of $3.35. Therefore, below $3.7, we would not recommend holding this coin for local speculation in the EOS market.
If the mark of $3.7 is held, we will expect the price to continue to rise to $4.4-4.7. At this point, it is worth thinking about fixing profitable short-term positions.
If we look at the global situation in the EOS market, we can see that the price is practically at a historical low:
On the EOSBTC chart, it is noticeable that globally buyers are gaining a large position since January 2021 at the moment, if we see another wave of decline in the EOSBTC market, this will give investors an opportunity to buy the coin for a long term in the range 0.0000725-0.0000850.
To summarize our analysis:
Local continuation of growth is possible after the price fixes above $3.7
The target of the local growth trend is in the range of $4.4-4.7
The loss of the $ 3.35 mark will open the way for sellers to $2.5
The first big target for the growth of the EOS market is $8.
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