EOS Broke Its Bullish Channel DownsideThe cryptocurrency market is flashing red again. Specially EOS lost over 3% in the last 24 hours. The digital coin now is fighting to come out of a sideways trading trend below $3.0. At the same time EOS is trading below the 100 SMA and the 50 SMA on the daily chart.
The nearest resistance for EOS/USD is 2.70 area which is critical. This area includes 50, 100 SMAs, a middle line of the Bollinger Bands and the trend line of resistance (on the bullish channel) on H4 chart. A clear break above is needed for the bulls to extend the upside momentum for testing the recent highs at $2.85 since end of Nov. and first days of Dec. Next resistance is a psychological $3.0 level, but for sustainable move over it EOS will need the support from the broader market with a broad-based crypto rally.
On downside, a clear break bellow daily lower Bollinger Bands at 2.50 should extend the sells pressure for retesting the 25th Nov.'s bottom at 2.29.
The RSI is horizontal at 38 after correcting from levels slightly below 30.
Eosusdtechnicalanalysis
EOSUSD formed bullish Shark | Upto 42% expectedNov 3
Priceline of EOS / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 2.6516 to 2.3970
Sell between: 2.8909 to 3.4117
Regards,
Atif Akbar (moon333)
EOSUSD is fomring bullish Gartley | Long opportunity aheadThe priceline of EOS/ US Dollar cryptocurrency is forming last leg of bullish Gartley pattern and soon it will be entered in potential reversal zone insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 3.3866 to 3.3045
Sell between: 3.4511 to 3.5762
Regards,
Atif Akbar (moon333)
EOSUSD formed bullish BAT | A good long opportunityPriceline of EOS / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 3.2609 to 3.2400
Sell between: 3.3106 to 3.3853
Regards,
Atif Akbar (moon333)
EOSUSD forming bullish BAT upto 12% expectedPriceline of EOS / US Dollar cryptocurrency is forming a bullish BAT pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 3.1190 to 3.0625
Sell between: 3.2539 to 3.4562
Regards,
Atif Akbar (moon333)
EOS Bottom seems to be here.. is it going to PUMP SOON!!EOSUSD is preparing for a bullish run soon...
$3 price level is acting as strong support and the bulls managed to close the week above this level which is an early indication that the bulls will take full control soon.
Watch the breakout of the yellow trendline for more confirmation.
TP1 = $8
TP2 = $13
This is not trading advice, please do your analysis before you trade
Happy Trading.
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EOSSUD formed bullish Cypher | Upto 22% potential planPriceline of EOS / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 2.7706 to 2.6080
Sell between: 2.8991 to 3.2069
Regards,
Atif Akbar (moon333)
EOS - EOSUSD - Technical Analysis - Very Profitable Trade ComingEOS - EOSUSD - Technical Analysis - 96%-1186% Profit Expected
Very Profitable Trade Coming...Huge ROI...Don't Miss This.
Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been confirmed.
Target Profit Range - 3.09 - 8.10
(96%-1186% Profit Expected)
TP - 1 - 3.09
TP - 2 - 4.12
TP - 3 - 5.18
TP - 4 - 6.18
TP - 5 - 8.10
Buying Zone! Long Position
Early Entry Trigger Point - $1.38 -$1.58
Ideal Entry Trigger Point - $0.53 - $0.73
Adjust your Stop Loss according to your lot size,
account equity, strategy & money management.
***If you want to get in this trade from this point 2.66 you can still make 16% profit till TP1 is reached, however, there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
Good Luck.!
Disclaimer - This is not financial advice. This is my personal view and analysis of this chart.
If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to like, comment & follow , If you agree with my analysis :)
EOSUSD formed bullish BAT | A good long opportunityPriceline of EOS / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 2.9319 to 2.8764
Sell between: 3.0650 to 3.2644
Regards,
Atif Akbar (moon333)
EOSUSD formed a bullish Cypher | Upto 11% expectedPriceline of EOS / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone.
I have used Fibonacci sequence to set the targets:
Buy between: 3.0545 to 2.9649
Sell between: 3.1250 to 3.2944
Regards,
Atif Akbar (moon333)
EOSUSD has formed bullish Gartley | A buying opportunityPriceline of EOS / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 2.8542 to 2.7787
Sell between: 2.9149 to 3.0633
Regards,
Atif Akbar (moon333)
EOS Price Analysis - Biggest Loser Today
Relative Strength Index: The RSI is currently at a healthy 41 points. This means the market is ready to recover and at the very least continue trading sideways.
Bollinger Bands: The price is within range but is quite close to the lower bollinger band. This means that EOS can still drop a few percent before bouncing back up.
Volume: The volume is still there but is winding down fast. If the volume decreases further, that will be reassurance for a sideways market. Until then, be ready for another drop.
EOS Price Prediction
While the RSI seems relatively stable, BBs are showing that there still is a chance for a slight drop. All eyes are on the volume right now, if that drops down further then the chances of sideways trading increase.
My prediction is that EOS will dip again very slightly to $2.82 before making another attempt at recovery. This is assuming Bitcoin remains stable as well.
Read Full EOS Price Analysis and Prediction - Cryptomode
EOS Price Analysis - Sideways Trading Continues
Relative Strength Index: The RSI is currently at a healthy 41 points. This means that the market will most likely continue to trade sideways for the next few hours.
Bollinger Bands: The price is also within the bollinger bands range, meaning it will most likely stay at the same level. Moreover, the price is right on the line with the MA, further reinforcing the signal of an upcoming sideways market.
Volume: At the time of writing, the volume for EOS is nearly nonexistent. This means the market doesn't have much power to slide upwards or downwards anytime soon. This isn't surprising as it's the weekend and volume usually drops during this time.
EOS Price Prediction
The RSI, Bollinger Bands, and Volume are all signalling a sideways market. While we didn't have much positive news about EOS recently, it doesn't seem like the market is exhibiting too much bearish pressure. As such, my prediction is that EOS will continue bouncing between the $3.8 and $4 levels for the next day.
Read Full EOS Price Analysis and Prediction: NullTX
EOSUSD formed a bullish cypher | Upto 134% movePriceline of EOS / US Dollar has formed a bullish cypher and entered in potential reversal zone to hit the sell targets soon insha Allah.
MACD is turning bullish.
Stochastic has given bull cross.
Price action is getting bounced from bollinger bands support and bollinger band is expanded.
Ichimoku could is turned bullish and Lagging Span is above the candles and turning bullish.
I have used Fibonacci sequence to set the targets:
Buy between: 3.9937 to 2.9190
Sell between: 4.8710 to 6.8397
Regards,
Atif Akbar (moon333)
EOSUSD has formed bullish CRAB | Upto 263% potential tradePriceline of EOS / US Dollar has formed a bullish CRAB and entered in potential reversal zone.
From here the price action can take bullish divergence soon and hit the sell targets insha Allah.
RSI is already oversold.
I have used Fibonacci sequence to set the targets.
Buy between: 3.4192 to 1.9856
Sell between: 4.5315 to 7.2241
Regards,
Atif Akbar (moon333)