EOS
EOS: Bullish Reversal Alert! Breakout Potential Ahead💎 EOS has recently broken out of the descending channels and formed an inverse head and shoulders pattern, which typically indicates a bullish reversal. Additionally, there has been a noticeable change of character (CHoCH) in the price action, suggesting a shift from a bearish to a bullish structure.
💎To confirm the bullish trend, it is essential for the price to break out above the first resistance level. This breakout would signal potential targets towards the subsequent resistance levels.
💎In the event of a pullback, if the price forms bullish candlestick patterns around the bullish Order Block (OB) levels, it could provide further confirmation of a bullish bounce.
💎However, if the price breaks down below all of these levels, the pattern would become invalid, indicating a potential shift back to a bearish structure.
💎Traders should closely monitor the price action of EOS, particularly around the resistance and OB levels, to gauge potential trading opportunities and adapt their strategies accordingly based on the prevailing market dynamics.
EOS/USDT : Bullish Momentum in Sight Amidst Correction ?
In this technical analysis, we delve into the EOS/USDT trading pair to identify potential opportunities for traders.
1. Correction/Resistance Area - 0.775 - 0.785:
Currently, EOS/USDT is encountering a significant correction/resistance area between 0.775 and 0.785. This range has historically posed challenges for the pair, limiting further upward movement.
Traders should closely monitor price action within this zone as it could offer valuable insights into the potential market direction.
2. Price Expectations - Buying Opportunity at 0.650:
Based on our analysis, we anticipate a corrective movement in EOS/USDT, leading the price to retrace towards the 0.650 level.
This retracement presents an attractive buying opportunity for those looking to build positions or add to their existing holdings.
3. Invalidation Point - 0.800 - 0.820 Breakout:
Traders must exercise caution and vigilance as the price approaches the 0.800 - 0.820 range. A sustained breakout above this level could indicate a significant shift in momentum, signaling a bullish trend for EOS/USDT.
plan your trade and trade your plan.
[EOSUSDT] Currently in a magic Box? 💎 EOS/USDT is situated in a potent supply zone. It's broken through the trendline, signaling a shift in its trajectory.
💎Currently, it's consolidating within a specific range, or as we like to call it, 'the box'.
💎If EOS/USDT manages to break out of this box, we could be witnessing a significant bullish wave. Stay tuned, Paradisers!
💎In the ever-changing landscape of crypto, staying informed and adaptable is crucial. Keep an eye out for more updates and happy trading!"
💡Don't miss the great buy opportunity in EOSUSD @EosNFoundationTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.418).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EOSUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 1.574
TP2= @ 1.660
TP3= @ 1.837
TP4= @ 1.947
TP5= @ 2.041
SL= Break below S2
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💡Don't miss the great buy opportunity in EOSUSDT @EOSIOTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.826).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EOSUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 53.
Take Profits:
TP1= @ 3.001
TP2= @ 3.143
TP3= @ 3.310
TP4= @ 3.492
TP5= @ 3.764
SL= Break below S2
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💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
$GTC broke out with good volume Yesterday , I posted this chart and within few hours $GTC started picking up heat even in a choppy market , now we can expect a retest of the previous resistance. On a successful retest , the resistance will turn into support and it is good to add to your positions in the fib range 0.382,0.5,0.618 , I will be adding in these three spots by splitting up , stop loss below trendline , anyways watch out for BTC , if BTC falls then GTC would have less chance for upward continuation
💡 Don't miss the great buy opportunity in EOSUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (4.45). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EOSUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 4.95
TP2= @ 5.25
TP3= @ 5.60
TP4= @ 5.95
TP5= @ 6.45
TP6= @ 7.05
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
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Now, It's your turn !
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Trade well, ❤️
ForecastCity English Support Team ❤️
EOS ATL is in, Holding and Vol building (613% Potential) LONGEOS seeing ATL holding true for weeks now, volume is starting to build, all signs showing trend reversal.... This things primed for a long play.
If we can challenge ATH(2017), we're looking at 600%^ PP.
Please remember to always use stops and always manage your risks!
This is not financial advice, merely personal study.
BEWARE THE FUD, BUT BE AWARE (eyes)
EOS Coin USD Provides Positive Breakout Above $3.00 The technical chart reflects on the magnitude of the bullish momentum by the price levels from the past couple of trading sessions. The bulls hinted at their arrival by having a positive breakout above the major resistance line placed at 0.382fib level. Thereafter, the price levels also had a positive crossover above the bullish line of 0.236fib level and currently sustaining above it. The crypto asset has formed a symmetrical triangle pattern in the bullish regime and will be looking for a positive breakout in the upcoming market sessions.
The relative strength index (RSI) has retraced back from the overbought region probably because of the current resistance level of $3.50 acting.
The moving average convergence & divergence (MACD) has also formed a bearish crossover and showcasing negative nature above the signal line.
The directional movement index (DMI) is resembling bullish nature as ADX moves well-above +DI and -DI respectively.
Resistance Level: $3.50
Support Level: $3.20 & $2.50
Don't miss the great buy opportunity in EOSUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (4.3860). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EOS/Dollaris in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 80.
Take Profits:
TP1= @ 6.0530
TP2= @ 6.8635
TP3= @ 8.6365
SL= Break below S2
Don't miss the great buy opportunity in EOSUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (3.4010). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EOSUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 4.1910
TP2= @ 5.8115
TP3= @ 8.6365
SL= Break below S2
There is a possibility for the beginning of an uptrend in EOSETHTechnical analysis:
. EOS/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0178000 to 0.0165000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0178000)
Ending of entry zone (0.0165000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0195000
TP2= @ 0.0207000
TP3= @ 0.0220900
TP4= @ 0.0242000
TP5= @ 0.0263420
TP6= @ 0.0293000
TP7= @ 0.0332000
TP8= Free
There is a trading opportunity to buy in EOSETHTechnical analysis:
. EOS/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0178000 to 0.0165000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0178000)
Ending of entry zone (0.0165000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0195000
TP2= @ 0.0207000
TP3= @ 0.0220900
TP4= @ 0.0242000
TP5= @ 0.0263420
TP6= @ 0.0293000
TP7= @ 0.0332000
TP8= Free
EOS Price Action Forecast 2019Hi all!!
Good day! Hope you are all exited with the current market movement. Now it's time for a break to watch the downfall for a period of around 45-60 days. FOMO crowd is here. It can push price even higher. This is the best time to take profits.
In this post, I would like talk about EOS price action for the year 2019. It's a wonderful year for EOS with the gain of 468% and this could extend till 638% based on my arithmetic calculations using the price action. Those who have not entered into EOS, August is coming for you to buy the dip ($4.45), My exit target is $11.30 on November month based on the price action showed in the chart.
EOS is constantly making lower lows and highers highs for the fourth time for the period of 5 months. The correction is due which will take at least two months.
You can find the Buy Zone and Sell Target in the chart. The gain of this trade is closer to 150%.
Breaking the Yellow Resistance Line is extreme bullish and breaking below Green Support Line is extreme bearish.
For more updates on high profit trades, follow me here.
~RPS~