EOSUSDT.5S trade ideas
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.
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~
Price action of EOS according to Elliot Wave TheoryMost probably EOS will touch the 200-day moving average resistance which is going to be a strong one. Further, it will go down to retest the 100- day moving average support before making a bull run breaking the 200-day resistance and above.
