EOSUSD trade ideas
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.
A great opportunity to buy in EOSUSDTechnical analysis:
. EOS/DOLLAR is in a downtrend 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 37.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (4.47 to 3.04). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (4.47)
Ending of entry zone (3.04)
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 the 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= @ 5.78
TP2= @ 6.91
TP3= @ 7.78
TP4= @ 8.63
TP5= @ 10.02
TP6= @ 11.38
TP7= @ 14.80
TP8= @ 17.06
TP9= @ 19.00
TP10= @ 23.03
TP11= Free
There is a possibility for the beginning of an uptrend in EOSUSDTechnical analysis:
. EOS/DOLLAR is in a range bound and the resumption of an uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 36.
Trading suggestion:
. Price is in the resistance zone (6.95 to 5.84), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (6.95)
Ending of entry zone (5.84)
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 the 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= @ 9.25
TP2= @ 10.43
TP3= @ 11.72
TP4= @ 12.86
TP5= @ 14.80
TP6= @ 16.75
TP7= @ 19.53
TP8= @ 23.03
TP9= Free
A new trading opportunity to buy in EOSUSDTechnical analysis:
. EOS/DOLLAR is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 47.
. The price downtrend in the daily chart is broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. If you missed our first HUNT, you have a second chance to buy above the new suggested support zone.
. There is still a possibility of temporary retracement to suggested support zone (6.95 to 5.84). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (6.95)
Ending of entry zone (5.84)
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:
New Take Profits:
TP1= @ 9.25
TP2= @ 10.43
TP3= @ 11.72
TP4= @ 12.86
TP5= @ 14.80
TP6= @ 16.75
TP7= @ 19.53
TP8= @ 23.03
TP9= Free
We opened 6 BUY trade(s) @ 4.6108 (day close price) based on a reversal candle ( Hammer ) at 03.18.2018 in our previous suggested support zone (5.18 to 4.43).
Total Profit: 8041
Closed trade(s): 366560 Profit
Open trade(s): 36891 Profit
Closed Profit:
TP1 @ 6.9500 touched at 03.21.2018 with 23392 Profit.
TP2 @ 9.5700 touched at 04.20.2018 with 29592 Profit.
TP3 @ 11.7200 touched at 04.22.2018 with 71092 Profit.
TP4 @ 14.8000 touched at 04.24.2018 with 101892 Profit.
TP5= @ 18.6700 touched at 04.24.2018 with 140592 Profit.
23392 + 29592 + 71092 + 101892 + 140592 = 366560
Open Profit:
Profit for one trade is 8.2999(current price) - 4.6108(open price) = 36891
1 trade(s) still open, therefore total profit for open trade(s) is 36891 x 1 = 36891
All SLs moved to Break-even point.
Take Profits:
TP6= Free
Eos Bear Div and symmetrical trianglePrevious EOS short went well, After the recent fall there i still see EOS breaking down 5.7 from 7.8, I would recommend entering short at 7.3, As a break of symmetrical triangle
EOS/USD Short Opportunity (Conditional)A Symmetrical triangle is nearing completion. I would short EOS if it falls and touches 10.1 USD (CMP 10.5), that would mark breakdown of symmetrical triangle. Target is 8 -7.5.
Alternatively if it breaks up and goes 11.8-12 that would also be a good short entry point.
Eos- wyckoff accumualtionThe last point of support in formation
the ichi moku system depicts a resistance picture at play, but along with a potential break of resistance, considering the impending TK cross and the macd in a favourable cross for a breakout of the kumo clouds..
with wyckoff accumulation acting behind, a fresh motive wave is impending...
trade management wise, Ideally, risk averse traders would wait for that buec formation to happen and ichimoku system to depict a breakout picture and then take positions..
Disclaimer.. not an investing/trading recommendation
A second chance to buy in EOS ....EOS/DOLLAR
New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume.
*There is still a possibility of temporary retracement to suggested support line(12.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (12.00).
*If the support line at (12.00) is broken, the forecast (Resumption of uptrend) will be invalid.
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 special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 6 BUY trade(s) @ 4.6108 (day close price) based on a reversal candle ( Hammer ) at 03.18.2018 .
Total Profit: 456662
Closed trade(s): 366560 Profit
Open trade(s): 90102 190Profit
Closed Profit:
TP1 @ 6.9500 touched at 03.21.2018 with 23392 Profit.
TP2 @ 9.5700 touched at 04.20.2018 with 29592 Profit.
TP3 @ 11.7200 touched at 04.22.2018 with 71092 Profit.
TP4 @ 14.8000 touched at 04.24.2018 with 101892 Profit.
TP5= @ 18.6700 touched at 04.24.2018 with 140592 Profit.
23392 + 29592 + 71092 + 101892 + 140592 = 366560
Open Profit:
Profit for one trade is 13.6210(current price) - 4.6108(open price) = 90102
1 trade(s) still open, therefore total profit for open trade(s) is 90102 x 1 = 90102
All SLs moved to Break-even point.
Take Profits:
TP6= Free
Technical analysis:
Eos/Dollar is in a range bound and resumption of uptrend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 51.
TP4 hit with 416572 profit in 36 days. NEW Buy Opportunity.EOS/DOLLAR
New trading suggestion:
*The price is in an up trend, and we forecast the uptrend would Continue.
*There is still possibility of temporary retracement to suggested support line (9.57), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "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 special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 6 BUY trade(s) @ 4.6108 (day close price) based on a reversal candle ( Hammer ) at 03.18.2018 .
Total Profit: 416572
Closed trade(s): 225968 Profit
Open trade(s): 190604 190Profit
Closed Profit:
TP1 @ 6.9500 touched at 03.21.2018 with 23392 Profit.
TP2 @ 9.5700 touched at 04.20.2018 with 29592 Profit.
TP3 @ 11.7200 touched at 04.22.2018 with 71092 Profit.
TP4 @ 14.8000 touched at 04.24.2018 with 101892 Profit.
23392 + 29592 + 71092 + 101892 = 225968
Open Profit:
Profit for one trade is 14.1410(current price) - 4.6108(open price) = 95302
2 trade(s) still open, therefore total profit for open trade(s) is 95302 x 2 = 190604
All SLs moved to Break-even point.
Take Profits:
TP5= @ 18.67
TP6= Free
Technical analysis:
Eos/Dollar is in an up trend and Continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 77.
EOSUSD , TP3 hit with 339488 Total profit. New Buy Opportunity..EOS / DOLLAR
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is possibility of temporary retracement to suggested support line (7.4281), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "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 special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 6 BUY trade(s) @ 4.6108 (day close price) based on a reversal candle ( Hammer ) at 03.18.2018 .
Total Profit: 339488
Closed trade(s): 124076 Profit
Open trade(s): 215412 Profit
Closed Profit:
TP1 @ 6.9500 touched at 03.21.2018 with 23392 Profit.
TP2 @ 9.5700 touched at 04.20.2018 with 29592 Profit.
TP3 @ 11.7200 touched at 04.22.2018 with 71092 Profit.
23392 + 29592 + 71092 = 124076
Open Profit:
Profit for one trade is 11.7908(current price) - 4.6108(open price) = 71804
3 trade(s) still open, therefore total profit for open trade(s) is 71804 x 3 = 215412
All SLs moved to Break-even point.
Take Profit:
TP4= @ 14.80
TP5= @ 18.67
TP6= Free
Technical analysis:
Eos/Dollar is in an up trend and Continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
Relative strength index ( RSI ) is 77.
EOS/USD - Nice bullish patternEOS/USD
cmp 5.30.
Target 6 plus.
Stop 4.60.
Bullish W pattern.
Double bottom.
Breakout with huge volumes
