EOS BEARISH IDEAMarket being bearish and bearish trend of EOS prevails, price can plunge upto 0.48 or 0.44.
Eosusdt
EOS NEW TOKEN PROPOSAL MIGHT BE GAME CHANGING EOS recently proposed to reduce token supply up to 2.1 billion with halving at every four year just like BTC. And staking reward, this news resulted 10% up and still more to come.
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.
[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!"
$EOS waking up?- Touted be an Eth killer in the previous cycle, EOS has been stagnant for a long time, apparently due to a lot of mistakes & bleeding talent
- But recently there’s been a lot of developments and EOS 2.0 promising a pivot that’ll attract a lot of Devs into the Eos community
- More recently, B1 has injected a 45million Eos tokens into Helios ruled by Brock Pierce and also support coming from the upcoming exchange BullishGlobal
- With this context, EOS is at a very interesting position, just broken the downtrend from May
- Also it has been accumulating since 2yrs with RSI showing a constant climb
- A break above $5.8 and retest could take EOS back to ATH and much much further
Looking forward to get a small bag for a 2-3 month hold as sentiment seems on the verge of waking up.
Easy 5x if their marketing magic does its trick like it did during inception
💡Don't miss the great buy opportunity in EOSUSDT @block_one_Trading suggestion:
There is a possibility of temporary retracement to the suggested support line (5.5830).
. 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 64.
Take Profits:
TP1= @ 6.4040
TP2= @ 7.1100
TP3= @ 7.5300
TP4= @ 8.6200
TP5= @ 10
SL= Break below S2
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💡Don't miss the great buy opportunity in EOSUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (4.90).
. 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 55.
Take Profits:
TP1= @ 5.35
TP2= @ 5.60
TP3= @ 5.95
TP4= @ 6.45
TP5= @ 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 ❤️
💡 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
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
It is approaching gold crossing possiblyIt is approaching gold crossing possibly apart that sma indicators indicate that it is good buy price and make some profit.
It is possible to see the price of $3.20 USD per EOS.
From my personal point of view we are about to enter a bullish race
Eosusdt Daily. looking bearishBullish structure broke down from price 2.70 which was a critical level.
Reasons:
1. Rsi divergence
2. Price broke down and made lower high
3. Fib level confluence at 2.70 to 2.10
EOSUSDT Daily looking bearish.EOSUSDT Daily.
2.9390 is a strong resistance if that resistance 2.93 and 3.18 rejects price to up word then we will see another bottom at 1.63 till Jun 15/2020.
Reasons:
1. Price following through a narrow parabolic channel.
2. Price is still making lower low on HTF.
3. Assuming Rsi will be at overbought condition when price reaches to resistance zone 2.93.
EOSBTCEOS formed Flag pattern, it will move one way or another as seen in chart use tight stop loss.
EOS/USDEOS has showed strong upward trend last month and surged 90+% strongly.It has dropped in price about 25%+ since the last post.
Bullish Case:
It tested the Resistance(red bar) at $3.0 price level and dropped 25% recently.
If it manages to hold the support level(green bar) and breaks the $3 price level, then it we might test the $4.4 level with two major hurdle to surpass which are long term-downtrend line(dotted) and 200 Moving average(Red line) line.
Also, there is a bullish catalyst(news) on 26th January'19 with Parsl reward drop(SEED coins) for EOS holders.
Bearish Case:
It has dropped recently with strong sell volume(pressure) which shows signs of stronger bear So
If it doesn't hold two support level(green bar) then we might see less than $1 price level in the coming days/weeks.
