EOSETH - Could Go 10% in Either Direction from Here!Eos is fast approaching the end of a large descending triangle, historically it appears price tends to break on the upside of these triangles, but not always..
We do have a Buy signal from Crypto Tipster v2 which is always very handy in making strong predictions so we'd suggest a rise of 10% is incoming up to the next level of resistance, but we're not 100% on this one! We wouldn't be suprised if we saw the price drop 10%. 📈📉
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Eosethereum
EOSUSD Is going to be one of the biggest hitters this year! :)Been following EOS for some time since it came out.
I have a projection of 25+ by July easily.
Short term $5 is inbound in for sure!
Anything dealing with Ethereum has my attention.
Ethereum will be over 30k by 2022-23.. :)
Lets get it baby! Super excited
EOSUSD Is going to be one of the biggest hitters this year! 1HRBeen following EOS for some time since it came out.
I have a projection of 25+ by July easily.
Short term $5 is inbound in for sure!
Anything dealing with Ethereum has my attention.
Ethereum will be over 30k by 2022-23.. :)
Lets get it baby! Super excited
EOS/ETH- 4hr Chart- 2/6/2021Sharing my chart on EOS/ETH to share my thoughts on how I would currently trade.
EOSETH Bearish continuation, potential bottom? Explains on chart.
Would go long but my ledger doesn't support EOS!
Think its a great project and a potential rival to ETH.
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 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
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
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 44.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0181000 to 0.0170000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0181000)
Ending of entry zone (0.0170000)
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= @ 0.0202000
TP2= @ 0.0220900
TP3= @ 0.0242000
TP4= @ 0.0263200
TP5= @ 0.0280000
TP6= @ 0.0293300
TP7= @ 0.0331500
TP8= Free
There is a possibility for the beginning of an uptrend in EOSETHTechnical analysis:
. EOS/ETHEREUM 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 35.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0185000 to 0.0170000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0185000)
Ending of entry zone (0.0170000)
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= @ 0.02209
TP2= @ 0.02420
TP3= @ 0.02632
TP4= @ 0.02800
TP5= @ 0.02933
TP6= @ 0.03315
TP7= Free
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 46.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01700 to 0.01521). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01700)
Ending of entry zone (0.01521)
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= @ 0.01826
TP2= @ 0.01944
TP3= @ 0.02206
TP4= @ 0.02418
TP5= @ 0.02808
TP6= @ 0.03315
TP7= Free
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 46.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.01700 to 0.01521). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.01700)
Ending of entry zone (0.01521)
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= @ 0.01826
TP2= @ 0.01944
TP3= @ 0.02206
TP4= @ 0.02418
TP5= @ 0.02808
TP6= @ 0.03315
TP7= Free
EOS Small Correction before new highsResistance and RSI overbought show a high probability of retracement before new highs.
Buy at resistance and will update this post!
