EOS - Getting back for now!Hey guys, same as other coins:
EOS has now entered the red zone of resistance. Main line is at 4.44.
It can hit support and go back to do a retest on that. but now the sell volume is getting higher and people are opening short positions.
So don't open long positions for now until we touch support. You can however, open short positions and aim for supports but do it with low leverages.
Current Market Price: $4.19
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Eosusdt
Im Bullish On EOS in the upcoming daysBINANCE:EOSUSDT
💥 as we can see in the chart, MACD shows a bullish divergence against the price movement (recent lows)
⁉ if the price could break up the bearish trendline and be verified as a valid break in the next candles we could expect to see a bullish trend...
🟢I found some expected target points according to price action + using #Fibonaci projection (trend-based fib).
👁🗨 this is my personal analysis and opinion. :)
💬 so what you think?
EOS - One Target AheadEOS has already passed the resistance and flipped it into a mild support area. so the possibility of getting a bounce from that range is high.
The Bollinger middle band is supporting the price and the buy volume is still high so we can say we might have a sure target if you're looking into opening long positions.
DOn't forget to use low leverages!
Current Market Price: $3.870
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EOS/USDTThe triangle was broken down long before the end of the formation, the rate has already gone to $ 3.7. In the next 2-3 days, the continuation of the decline is allowed, this is indicated by the Chop Zone indicator. In case of going below $ 3.3, we will look for a point to open a long position. The decline is assumed to be smooth, as the Keltner channel lags behind the price.
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ARSHAM- EOSUSDT DAILY CHARTEOS was on a channel but it reached the end of the channel and was not supported there and now it has been able to break the bottom of the channel as well.
and we have support area at 3.531$.
if it is supported there it will try to break the resistance of the channel floor again and enter the channel again but if EOS is not supported t will see 2.95$ and also in the chart when we used RSI we did not see any divergence in it
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(Update) there is still room for bears before a bullish movementHi every one
EOS / TETHERUS
in the last analysis we talked about a Descending triangle which the price managed to break it. now we can see a falling wedge which is a bullish pattern but there is still room for bears because there is a Hidden bearish Divergence (-HD) on RSI indicator which means there is a chance that the price would fall before a strong bullish movement! there are resistances at 6.5 and 7.5$ for EOS.
Previous Analysis:
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EOS - 6h. Buyers Prepare for Local Growth with a Target of $6.8We noticed that many are interested in the good old EOS. Relatively recently, we made a global idea for this coin:
Today we are going to make a small update and share our thoughts in the short term.
As we can see in the chart, buyers failed to build a strong wave of growth after the fatal fall in the price of EOS from May 19 to 23.
The trading volumes during the local upward wave were about the same as during the downward wave. Of course, these volumes are not enough to confidently state that a new wave of growth has begun on the EOS market. If we pay attention to the trading volumes on May 5 and compare with the current ones, it becomes clear why.
However, the comforting news is that the current price drop looks rather sluggish and takes place at low volumes. Buyers found a good spot for defense in the local range of $4.8-5. In addition, the trend line is in this range, which buyers confidently hold from December 23.
Therefore, if the weekend is calm and we do not see the growth of aggression from the sellers, we will expect a local reversal of the market and a test of the mark of $6.65. We are not looking higher for now, as we believe that the price of EOSUSDT will continue to consolidate in a wider triangle.
If we look at the daily timeframe , we see that the EOS price is now at a critical point:
The chart shows that the range of $4.45-4.78 holds the price perfectly for 3 years. The loss of this range has always meant the continuation of a powerful downward trend. At the moment, the price is above this range. The main task of buyers is to maintain this range for the next week. This achievement of buyers will allow starting the formation of a consolidation triangle above this range and will increase the chances of a price shot up already to the level of $8-8.6.
A similar critical situation can be seen on the EOSBTC chart:
At the moment, sellers manage to push the price down without much effort. However, in the current price range, we expect to see a struggle. Having lost the range of 1288-1452 satoshi, the EOS market has every chance of falling by another 30-40%.
Therefore, you should take your time this weekend and carefully monitor the market sentiment. The next week may be decisive in the medium term.
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EOS bearish movement to 4$!Hi every one
EOS / TETHERUS
EOS/USDT was in a descending triangle but now this pattern has been broken downward so we expect a bearish movement as much as the measured price movement (AB=CD).there is a strong support for EOS at 4$ which was the point where the price started to Increase from the last dump!
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Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
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A rising triangleHi Traders,
As you can seei there is a rising triangle forming. The current price is on support line. Ideal TP is shown. The suggestion is that In every resistance area, take partial profit.
SL level is 2% below every support area or line.
Note: The possible direction of price is also shown. It is determined by the possible value of EMA 200 in 4-hour period.
Stay Safe.