Eosusdtechnicalanalysis
EOS Patience PaysStill looking to complete an edge to edge move within the kumo cloud on the 4D chart. Support currently holding at the bottom of the cloud as expected.
Once we are back above the Kijun-Sen (Purple Base Line) and the Point of Control (Red Line indicated by the VPVR/Volume Profile) at $5.29, the target is an easy $12 as the long flat top of the kumo cloud acts as a magnet.
POC or Point of Control is the highest volume node on the volume profile. Traders use POC as support and resistance or an important retest point.
EOS Golden Zone RetracementEOS has retraced the recent run from $1.54 - $8.71 directly into the 0.618 Fibonacci golden zone level at about $4.30 where most trend reversals can be expected occur. Does this complete the ABC correction? Will we begin to see a new Fives Waves Pattern?
"In Elliott’s model, market prices alternate between an impulsive, or motive phase, and a corrective phase on all time scales of trend. Impulses are always subdivided into a set of 5 lower-degree waves, alternating again between motive and corrective character, so that waves 1, 3, and 5 are impulses, and waves 2 and 4 are smaller retraces of waves 1 and 3...
Corrective waves subdivide into 3 smaller-degree waves, denoted as ABC. Corrective waves start with a five-wave counter-trend impulse (wave A), a retrace (wave B), and another impulse (wave C). The 3 waves A, B, and C make up a larger degree corrective wave."
EOS 2$ vs 9$Traders,
Here we have EOSUSD 1D chart.
By looking at this chart you see healthy bullish trend with repeating triangles with equally ratios from the bottom to high taking from the point of breaking, So we are waiting something interesting here by looking to the positive or bounce side.
As analyst you must take all probabilities you have so what's the bad scenario here for bearish movements:
By looking at this uptrend here
From a different angle we have a typical Elliot perfectly established, so follow this idea to take a good decision about this trade.
Like if you appreciate this.
Regards,
Mohsen
EOS Buying OpportunitiesEOS is at a very interesting price point around $6. Technical indicators currently showing as a good entry/buying opportunity. If the current price level doesn't hold, I would expect a move to about $5.15.
Looking at the Ichimoku cloud on the 3 day chart with adjusted settings of 20/60/120/30, Kijun support has held and it looks like it would be a favorable time for a bounce higher to retest the $7.50-8.50 price points.
EOS Technical Analysis: Daily Timeframe Chart PatternConclusion for today’s EOS technical analysis: Price closing above ~9.38 implies more bullish upside in EOSIO.
The Daily timeframe candlestick chart of EOSIO is examined in today’s analysis on a logarithmic scale. The bullish price swing from December 08, 2018 till current date is the main focus of study using chart pattern(s) and moving averages.
A bullish price channel helps to provide context for price action since December 08, 2018 with ellipses used to indicate pivots used to draw the channel. It is crucial to pay attention to the bullish chart pattern for reference and/or projection of price for profit taking.
The 200 Day and 50 day moving average is shown on the chart with the latter indicating bullish strength. Slope of the 200 day also turning positive will further bolster a bullish bias in EOSIO.
Resistance as marked on the chart is present between ~9.38 (upper boundary) and 6.6.3 (lower boundary). Price currently trading at the lower boundary presents a challenge to the current uptrend on the Daily timeframe.
Another price level or pivot for resistance in the uptrend that can be anticipated is the upper boundary of the channel (~8.20) that is the target for price action. This intersects the resistance region and should give way prior to price testing resistance at 9.38.
The least conservative form of entry into a long (bullish) position is to initiate orders in anticipation of a breakout above the upper boundary of the channel, while the most conservative entry into a bullish position is to buy on a breakout above 9.38.
EOS Buy zoneObservation:
OES chart shows all elements within acceptable Fib. metrics.
200 Daily MA also approaching 'buy zone'
As you can see, its also withing the bounds of the wedge channel.
Point 4 also in line with fib wave measurements
Point 5 is the selling point\target based on previous support in September
Please, take a second and support my idea by hitting the "LIKE".
All the best with making your decision.
Regards,
SS.
*This post is only to be used for discussion and educational purposes only.
EOS buy the rumourHello everybody,
something came to my attention today, EOS is planning a big announcement. The 1st of June will be the day.
First, read this article:
www.investinblockchain.com
Second, watch the video for more info:
youtu.be
When momentum stays high, i see EOS pushing to 13000 sat easely with maybe some little retraces on the way up.
if the 13000 level gets broken with momentum, the path wil be free to 14700 and 17000 sat and even higher whem FOMO kicks in.
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Buy the rumour and probably hold for once! EOS is comming with more then great news but with a second step in their platform.
This is not advice, just a reminder of things to come.
EOSUSD - 1D Chart AnalysisEven if in the last 7 days the price lost almost 19% from it's value, February can be still considered a very good month for EOS, as the total growth is close to 56% today.
The beginning was hard, with the price moving sideways in the first week, but once the trading volumes have gained consistency, the price has found the necessary strength to cross the 20 days Moving Average and the bullish trend has started on the 8th.
This major change has been announced by the MACD, with it's Moving Average consolidating it's position at the top of the Signal, but also by the Stochastic with it's "fast" line crossing the "slow" one in the same day.
Therefore, we can conclude that the general trend on a 1D chart has been indicated by the MACD, while the Stochastic and the trading volumes accurately showed us the changes of the price direction for smaller intervals.
Today, if we want to follow the same pattern, we can see that these 3 parameters are slightly showing opposite directions as it follows :
* So far, the trading volumes are smaller than yesterday but there is some consistency showed by the green candlestick. This means that the price has chances to continue today's increase.
* The Stochastic is about to register another crossover and if it's "fast" line will go above the "slow" one, it will indicate the same direction like the trading volumes.
* On the other hand, the MACD has crossed the Signal for the first time since the 8th of this month and if it's position will be consolidated at the bottom, it will indicate a price drop.
Given these circumstances, the main scenario is the one where the increase will continue for a very short period of time but the price will eventually go below the 20 days MA and a Bearish trend will start from there. The ones with a higher risk appetite can consider the target of 2.73$.
EOSUSD - 1D Chart AnalysisLike with the rest of the coins, the increase of the total market capitalization and the higher trading volumes than usual, have brought the price of EOS above the 20 days Moving Average on the 8th of February and a bullish trend (on a 1D chart) has begun.
This growth of 0.70$ (or 29%) was registered in only 5 days and it was announced on the 8th of February by the Stochastic's "fast" line which went above the "slow" one, showing a change in the price direction would appear, but also by the MACD which departed from the Signal line and stabilized at the top.
At this stage, only the MACD seems to be constant in showing that the trend may continue while the rest are showing the opposite, as it follows :
* The RSI is 62, closer than before to the "overbought" level of 70 and it's current position is suggesting that the chances to see another aggressive movement in the near future are quite low;
* The Stochastic's Moving Averages are both above the level of 80, meaning that the price is considered "overbought" and on top on this, we also have a crossover which is indicating a possible change in the price direction;
* The upper standard deviation of the Bollinger Bands has been reached and this is also considered as another "overbought" rating for the price;
* On the other hand, the trading volumes are lower for now and we also have to consider the previous 5 failed attempts of the price of going above the level of 3.01$.
Based on the actual circumstances, the price has more chances to reach the Pivot Level of 2.67$ in the upcoming days.
EOS Bull Run Coming! Easy 163% Increase! 1D Candle AnalysisFollow the 1, 2, 3, 4 logic. Pretty simple to see great things on the horizon for EOS.
EOS. A possible test $ 1.48 then rebound to $ 3In the previous idea , I wrote that the critical point for this coin is 3.2-3.5 $, and if buyers do not keep this price zone then you need to wait 1.5-1.7 $. However, there was no rebound from this price zone. There was no stop and no more. The price has fallen almost vertically. This coin simply stopped holding.
However, at an approach to the price range of 1.5-1.7 $ volumes began to increase significantly:
On a big timeframe, the current growth resembles a rebound and a test trend line of the falling channel, and the price was traded since the fall of this coin.
If you look at the 4h timeframe, it can be seen that a strong fall began after sellers could break $ 3 and easily withstand this price:
This strong fall wave corrected at the level of 0.618 and now, if buyers do not update the local high, I expect a continuation of the fall to begin at 1.48 $ and will look further whether buyers will have the power to stop this fall. So far this is the main scenario. However, the alternative scenario is a continuation of the fall to 1.26 with a finite point of 1.05 $:
EOSUSD - UPDATE - WHERE ARE THE BULLS?LAS TIME I WROTE ABOUT THIS I SAID ONCE IT BROKE
THE BLUE LINE IT WAS COMING TO THIS LEVEL AND THAT
HAS HAPPENED. LUCKY GUESS OR GREAT ANALYSIS? :) YOU DECIDE.
ANYWAYS - WILL THIS BREAK THE PREVIOUS LOW LIKE
ADAUSD AND DASHUSD? WELL TIME WILL TELL. MY
OPINION NOW IS THAT, THIS CURRENT PRICE IS QUITE
TEMPTING FOR A LOT OF INVESTORS AND I FILL THAT THE
BULLS WILL BE TESTING THE MARKET SOON.
PLEASE, LIKE, COMMENT AND FOLLOW.
Daily Bullish Signal $EOS #EOS EOS/USDT (16 November)BLUE ARROW indicates the EXPECTED Time and Targets
Level up Stoploss point to maximize profit and reduce risk
EOS gearing up for a breakout!
EOS continues to move higher after finding support at the previous supply OB
We briefly tapped into the resistance zone around $5.80 before coming back down
EMAs continue to trend upwards and are very near crossing over bullish
Possible trade would be to wait for a pullback to the demand zone around $5.56, which also coincides with the EMA.
Stops would be placed below this support OB
Thanks guys!
EOS USD Prediction | $5.50 to $300 | OCT 2018 - JAN 2020Here's my general trend update and prediction for $EOS. EOS is still on pace, mostly inline with the broader crypto market, to reach a major peak by January, 2020, ultimately completing a 55x bull run from current levels ($5.50 to $300). Enjoy the ride!
EOSUSD - cookie jari feel this is at a moment when you just have to dip you hand in the cookie jar and pull out your cookie.
EOS - Not so fast with that breakout! EOS looked to be in the clear after breaking above the EMAs and triangle pattern but was punched in the face yesterday night. EOS not only returned into the triangle but also returned all the way down to the support trendline before bouncing on a strong support zone . We must maintain price above this level as a close below will turn this into resistance and we might struggle to get back above, which could mean new lows.
Keep an eye on Bitcoin -4.80% here is crucial as well as the stock market as both seem to be very correlated at the moment.
Thanks guys!
EOS/USD when the price will break up triangle Open LONGThe price is consolidating. Big players always create triangles for accumulation of position
You need to wait when the price will break it up and H1 — H4 candle close upper it. After that you can open a Long position with low risk.
1st goal will be $6.77
2nd goal is $9.50
P.S. Push like and subscribe, if you love my charts))))
