Downloading...
Download

Eosforecast

EOS price will try to grow in spring 2023The entire history of the EOSUSDT price movement for more than 5.5 years is shown below The other day, the price o f EOSUSDT managed to break out of the falling trend line with a bit of a struggle. However, there is no abnormal enthusiasm among EOS buyers to drive the price up. Looking at both the EOSUSD and EOSBTC charts, it seems to us that there is still a growth potential of +37-40% And only after the price of EOSUSDT is fixed above a strong mirror liquidity zone, that is, above $1.60-2.10, it will be possible to say with certainty: Finally, the EOS price has moved into an upward trend. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
E
by P_S_trade
45
EOSUSDT 3D The beginning of the revival of "old man" Eos ?Today we will look at a global chart of the EOSUSDT trading pair on 3 days time frame. In front of you is the entire trading history of EOSUSDT, which is 5 years from mid-2017 to the present. At different stages of EOS life, it was called know-how a breakthrough in the crypto industry and announced to create a bank and crypto-exchanges on its basis and many other things. But such news background and marketing didn’t help. In fact, the price was in a clear downtrend for more than a year. However, in general, the first signals for a possible trend of changes upward are appearing in the cryptocurrency market. And although the rebound in the EOSUSDT price was very late compared to most cryptocurrencies, but in recent days the growth has started to catch up according to %% indicators. Our expectations for the EOSUSDT trading pair in the coming weeks: 1. A modest correction of the EOS price to the $1.20 area will by no means prevent the continuation of growth. 2. Continuation of growth with the first target to the $1.60 area or +32.50% 3. And if lucky, the continuation of strong growth to the $2.05 area or +70% In general, if you look at the history of EOSUSD trades, then 5 years ago, in the summer of 2017, the first trade consolidation took place precisely in the range of $1.50-2.10. Therefore, it is time to return to it) P.S: Before the weekend, we made an idea for BTCUSDT, and it clearly worked: after $24700, the market went into correction And what will happen next - in the idea below _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
E
by P_S_trade
50
EOS is in TOP-15 in terms of trading volume but where is growth?Considering that the previous global idea of ​​EOSUSDT has worked out, it's time to update your thoughts. If you compare EOS with other alts +/- with the same market cap, you might think that no one needs it. Most of the alts, which carry something behind them, have grown by 60-70%, or even more percent from the May fall. EOSUSD is still unable to creep to 50% of the high before the May drop. Such sluggishness of EOS buyers is alarming, do investors really need it now, or maybe it has not yet dropped to the point where it would be profitable for them to buy in the long term? What do you think about this situation, write in the comments. At the moment, if the positive background for growth continues in the crypto market, the maximum target to which growth we see for Eos is around $7.30. Well, if they throw in some news related to the founder of EOS and the exchange that he is launching, perhaps the price of EOSUSDT will shoot to $9.20 for a short time. Above is not worth dreaming about, we do not see any prerequisites for this on the chart. But from below, it is worth paying attention to the behavior of buyers in the area of ​​the same level of $3.50. If buyers show interest there in the coin and aggressively restrain the fall by buying at increased volumes, then there will be an increase up to $13 And if not …. well, let's not talk about the bad) We believe in a bright future for Eos holders. _____________________ Do you like the idea fulfilment? Does it help you trade and make a profit? Do you want more forecasts from us? Give us motivation! (Like, comment and donate). These little things won't make us rich, but they will warm the trader's soul while writing the next idea
E
by P_S_trade
70
EOS - 6h. Below $ 3.7, buyers will have problemsThe tense situation in the altcoin market and the weak reaction to BTC's attempt to start growing is starting to worry. Analyzing the EOS cryptocurrency over the past two months, buyers have completely given the initiative to the wrong hands. If in the period of June 8-13, buyers had every chance to reverse the local sellers' trend, now we see a lack of support and desire: On the 4 hour timeframe, we showed how buyers held the important range of $ 4.4-4.7 for a month, which has now become their main problem. On May 19, during a massive fall in the cryptocurrency market, EOS buyers kept the price in this range. However, a month later, sellers without volumes were able to lower the price lower and take control of this important range without any problems. On the 12 hour timeframe , you can clearly see that the EOSUSD price is moving in the white channel of the fall from May 27: The lower trend line works out especially accurately. Yesterday, buyers had a chance to go beyond the white channel and break the sellers' plans. However, as we see on the chart with such trading volumes, it is very difficult to reverse the medium-term trend. Local scenario for the EOS market. On the 6 hour timeframe, the price moves in a black wedge. The critical point for the continuation of the upward trend is at $3.7. Below this level, buyers will lose local initiative and will again have to prove their strength at the level of $3.35. Therefore, below $3.7, we would not recommend holding this coin for local speculation in the EOS market. If the mark of $3.7 is held, we will expect the price to continue to rise to $4.4-4.7. At this point, it is worth thinking about fixing profitable short-term positions. If we look at the global situation in the EOS market, we can see that the price is practically at a historical low: On the EOSBTC chart, it is noticeable that globally buyers are gaining a large position since January 2021 at the moment, if we see another wave of decline in the EOSBTC market, this will give investors an opportunity to buy the coin for a long term in the range 0.0000725-0.0000850. To summarize our analysis: Local continuation of growth is possible after the price fixes above $3.7 The target of the local growth trend is in the range of $4.4-4.7 The loss of the $ 3.35 mark will open the way for sellers to $2.5 The first big target for the growth of the EOS market is $8. _____________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
E
by P_S_trade
25
EOS - 6h. Buyers Prepare for Local Growth with a Target of $6.8We noticed that many are interested in the good old EOS. Relatively recently, we made a global idea for this coin: Today we are going to make a small update and share our thoughts in the short term. As we can see in the chart, buyers failed to build a strong wave of growth after the fatal fall in the price of EOS from May 19 to 23. The trading volumes during the local upward wave were about the same as during the downward wave. Of course, these volumes are not enough to confidently state that a new wave of growth has begun on the EOS market. If we pay attention to the trading volumes on May 5 and compare with the current ones, it becomes clear why. However, the comforting news is that the current price drop looks rather sluggish and takes place at low volumes. Buyers found a good spot for defense in the local range of $4.8-5. In addition, the trend line is in this range, which buyers confidently hold from December 23. Therefore, if the weekend is calm and we do not see the growth of aggression from the sellers, we will expect a local reversal of the market and a test of the mark of $6.65. We are not looking higher for now, as we believe that the price of EOSUSDT will continue to consolidate in a wider triangle. If we look at the daily timeframe , we see that the EOS price is now at a critical point: The chart shows that the range of $4.45-4.78 holds the price perfectly for 3 years. The loss of this range has always meant the continuation of a powerful downward trend. At the moment, the price is above this range. The main task of buyers is to maintain this range for the next week. This achievement of buyers will allow starting the formation of a consolidation triangle above this range and will increase the chances of a price shot up already to the level of $8-8.6. A similar critical situation can be seen on the EOSBTC chart: At the moment, sellers manage to push the price down without much effort. However, in the current price range, we expect to see a struggle. Having lost the range of 1288-1452 satoshi, the EOS market has every chance of falling by another 30-40%. Therefore, you should take your time this weekend and carefully monitor the market sentiment. The next week may be decisive in the medium term. _________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
E
by P_S_trade
39
EOS 3D The whole life of the project on one chartOur previous idea-warning about a correction on EOSUSDT, although it was made on the daily timeframe, worked very quickly and t he EOS price fell even below the $ 5-5.5 zone , where we expected it. By the way, this idea was included in our top 15 ideas for the last 2 months, where a possible future strong correction was clearly visible. Since the daily time frame worked out quickly, today we will look at the entire history of trading in the EOSUSD pair on the 3D timeframe. As you can see, the growth of the EOSUSD price on May 12 stopped perfectly in the middle of the global growth channel, along which the price has been moving for more than 3 years. Then a strong fall down awaited us. The collapse in the market was powerful, and the price broke through even the strong mirror zone of $4.30-4.70 , which in history has more than once played the role of resistance or support. However, buyers happily bought back EOS from $3.50 and above at a very tasty price, creating a Pinbar on the 3D timeframe. Buyers can regard this pattern as a strong signal to continue buying. It turns out that the bravest and smartest investors who placed buckets for buying in the $3.50-5 zone will soon be able to fix x2-x3 profit , because the price of EOSUSDT has the potential to rise to the $8.70-9.20 zone Further, a correction to the liquidity mirror zone of $4.30-4.70 may await us again, where again it will be decided who is stronger. Accordingly, it will become clear there: will buyers continue to drive the price by $13 or sellers will continue to push the price towards $3. But this is a completely different story, which we will write about in new ideas) _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
BITFINEX:EOSUSD
by P_S_trade
14
EOS 1D Warning, sellers activating, possible correctionOur previous short-term idea on EOSUSDT fully fulfilled the goal and even exceeded it by a notable degree. Write in the comments what news or events could help the price of EOS rise so much. Let's look at the EOSUSD chart on a larger time frame today The EOSUSDT price has reached the upper border of the channel, which has been stretching since mid-2019. On the daily candle, sellers began to fight back, drawing large shadows, the struggle continues. If there is no strong news background, then according to the laws of TA, the price of EOSUSDT should start the correction. Below, in the area of ​​$5-5.50, there is the middle of the above-mentioned channel, and at the same time, there is a powerful liquidy zone, where the price has stopped twice before. So, it is in this liquidy zone that a correction should be expected. If sellers lose the fight, and buyers prove their strength, and the price of EOSUSD itself can gain a foothold above $13 , then the next target from above will be $16 _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea " boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
E
by P_S_trade
48
EOS - 6h. test of $10 and continuation of the correction?A fairly promising rise in the price of EOS , which consisted of two powerful waves on May 5 and May 11, began its correction. This correction was our main scenario , which we wrote about in the previous global idea: As well as under the VETUSDT or TRXUSDT ideas, many positive-minded traders expressed their negative on our corrective forecast. Nevertheless, we publish our thoughts, regardless of whether others like it or not. In this case, in the EOS market, we have witnessed how short-term the news is working out . As we remember, on May 11, news came out that the Creator of EOS will open its own crypto exchange. For two days, the price of EOS was actively growing and it looked spectacular on large timeframes. However, if we analyze the growth on the 15 minute timeframe , we see that someone systematically unloaded their positions and left a trail in the form of hairpins up: Our opinion is confirmed by the following trading days, when buyers were unable to keep the price above the range of $11.5-12. Already on May 13, most of the growth momentum was absorbed by sellers. This fact confirms the opinion that the news can strengthen the trend movement or become a good trigger for the start of a strong movement. However, only when the market is ready for it. Otherwise, the news is rather short-term. At the moment, the price of EOSUSDT has stopped at the range of $8-8.5. If we analyze the history of EOS trading, we can see that this range was quite important in June 2019: As you can see, it was after the unsuccessful breakout of this range that the EOS price continued its protracted downward trend. Therefore, we expect an attempt to consolidate buyers above the range of $8-8.5. The critical point that will decide the next medium-term EOS price movement is at $10 . At this point, we will see how strong the buyers are and whether they are capable of continuing to rise to at least $12. A weak local wave of growth will give a strong signal for the continuation of the fall in the price of EOS to the range of $5-6 . Therefore, at the moment we expect: 1. price fixing above $8-8.5 2. Test $10 After meeting these targets, we will create a new short term idea for EOS. P.S. A negative scenario in the EOS market will be possible if we see a downward breakdown of the consolidation triangle on the EOSBTC chart : ________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
E
by P_S_trade
12
EOS - 4h. The next target - $3.92If you are an EOS investor you remember well the market situation on January 10th . After a successful attack by buyers and great prospects for continued growth, the price of EOS turned sharply and in large volumes fell to $2.38. In two days, the EOS market fell by 40% . The main problem is in the mark of $3.92 . In the previous idea, we wrote about global consolidation, from which the price of EOS can not come from April 2020. Buyers have already made 3 attempts to break through this mark and so far to no avail. After a sharp drop in EOS on January 10, buyers managed to slow down the price and start accumulating strength for a new trend. Fixed above the mark of $2.91 , buyers gave a new signal to continue rising prices. At the moment, buyers have broken the local level of $3.07 and are preparing for a strong upward momentum with an ultimate goal of $3.91. While the mark of $2.91 under the power of buyers, we expect continued growth. _______________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
ELong
by P_S_trade
3
EOS - 4h. Buyers do not give up and prepare for the test $3.9.Hard times came on the EOS market on January 10. After breaking the global trend line, buyers tested the mark of $3.9 and were confident that the downward trend was over. However, the sellers decided otherwise and lowered the price in less than two days by 40% . After such a fall, the EOS market froze for almost 2 weeks. However, yesterday we saw a good signal . During another attempt by sellers to break the critical range of $2.42-2.5, we saw too low volumes . Compared to January 11, this situation looks like the capitulation of sellers and the transition of initiative in the EOS market to buyers. Today we saw an aggressive attempt by buyers to form a new local trend . Fixing the EOS price above $2.93 will be the first signal to continue growth with a target of $3.9. Another good signal was the situation on the EOSBTC chart: YES we see on the chart a strong downward trend. However, pay attention to the volumes that have finally appeared on the EOS market. In our opinion, a large buyer is actively buying EOS, while the situation allows it to do so at low prices. _______________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
ELong
by P_S_trade
14
EOS-4h. Aggressive sales and critical range $2.55-2.75.The situation on the EOS market has changed dramatically. The positive dynamics of the EOS did not help the price to consolidate outside the global trend line. Buyers lost $3 . This mark was the critical point for reaching the $5 mark . Thus, the price of EOS returned to the limits of global consolidation and the black channel of growth. Now sellers are trying to break the range of $2.55-2.75 . After such a sharp drop in increased volumes, we do not expect a sharp rebound in prices. The best scenario for buyers is to continue consolidating in this range for the $3 test. From the nature of the EOS price increase, it will be clear whether to expect the rally to resume with a target of $5. Weakness of buyers in the range of $2.55-2.75 will again bring the price of EOS to the lower limit of consolidation of $2.31 . The global target is at 1.85. _________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
E
by P_S_trade
1
EOS-4h. Buyers have changed the situation. The next target $5.The difficult period that lasted on the EOS market from December 24 is over. Buyers were unable to take control of the $2.6-2.7 range. Weakness of buyers was especially noticeable on December 30. In the previous idea , we assumed a short-term drop to the mark of $2.36 to check the presence of a big buyer. However, as it turned out, the range of $2.6-2.7 was attractive enough to increase its long position in it. Taking this range under the control of buyers completely changes the picture in the EOS market. Now the price is moving in the consolidation channel, breaking which will give rise to a powerful wave of growth with the ultimate target of $5 . Globally, above $3 is the global trend line, which restrained the price of EOS from May 28, 2018. Breaking this line will create euphoria similar to ETH . Given that EOS is in the top 10 in terms of trading among cryptocurrencies - investors will support growth. The main goal of buyers is to strengthen above $3. _________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
E
by P_S_trade
17
EOS-3h. Buyers are preparing a strong counterattack!A very interesting situation has developed in the EOS market. Yesterday's price drop of 30% significantly added aggression to buyers. The price quickly returned to the critical range of $2.6-2.7 and is trying to continue to grow without correction. Trading volumes increased significantly . The last time this level of volume was at the end of November 2020. The fact is that on the chart of the EOSBTC pair , the price reached an all-time low yesterday. Since then, the active redemption of the coin began. Looking at the EOS now, bitcoin is collapsing in March, when after the total collapse the price rose steadily and did not allow for correction. If the $2.36 re-test takes place , it will be a good chance to buy this coin with a minimum target of $2.77. However, we will additionally make another medium-term EOS idea. __________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
E
by P_S_trade
4
EOSUSD to see a continued uptrend(1D) | Higher lows observedMarket in last 1 week EOSUSD saw an uptrend with the price riding the upper band Price volatility was very high. The market moved ~35.37%, between $3.322 and $2.454 Today’s Trend analysis EOSUSD expected to see an uptrend as higher lows were observed with Bollinger band expansion and midline acting as support Price at time of publishing: $3.308 EOS’s market cap: $3.09 Billion Oscillator indicators are mostly neutral. RSI at 72 Moving average indicators are indicating an uptrend. Ichimoku Cloud is neutral and Hull Moving Average indicating a buying opportunity Volume indicators observed an increase in value as the price increased while a decrease in volume was observed with a decline in price Price expected to see an uptrend as higher lows were observed with Bollinger band expansion and midline acting as support. Most of the Oscillator indicators are neutral. MACD line moving above the signal line with histogram size increasing in the positive region, suggesting bullish bias. RSI at 72, in the overbought region indicating a downtrend soon. CCI is around 236, in the overbought region indicating a downtrend. Another interesting point to notice here is that the volume indicators observed an increase in value as the price increased while a decrease in volume was observed with a decline in price indicating a strengthening buying pressure. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:EOSUSDLong
by Mudrex
3
EOSUSD to see a downtrend(1D) | Shift from buyers to sellersMarket in last 1 week EOSUSD saw an uptrend with the price touching the upper band Price volatility was very high. The market moved ~10%, between $2.75 and $2.50 Today’s Trend analysis EOSUSD expected to see a downtrend as the price after trading inside the bands got rejected from the upper band Price at time of publishing: $2.73 EOS’s market cap: $2.46 Billion Oscillator indicators are mostly neutral. RSI at 50 Moving average indicators are mostly neutral. Ichimoku Cloud is neutral and Hull Moving Average indicating a selling opportunity Volume indicators observed fluctuation in recent candles, with the price decreasing for an increase in volume Price expected to see a slight uptrend as the price after rising inside the bands started to increase and expected to continue further after breaking the midline. Most of the Oscillator indicators are neutral. MACD line moving above the signal line with histogram size increasing in the positive region, suggesting bullish bias. RSI at 50, in the neutral region close to the midline. CCI is around 31, in the neutral region. Another interesting point to notice here is that the volume indicators observed fluctuation in recent candles, with the price decreasing for an increase in volume indicating a shift from buyers to sellers. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:EOSUSDShort
by Mudrex
4
EOSUSD to see a slight uptrend(1D) | Price to break midline Market in last 1 week EOSUSD saw a downtrend followed by price consolidation breaking the midline Price volatility was very high. The market moved ~7.71%, between $2.68 and $2.49 Today’s Trend analysis EOSUSD expected to see a slight uptrend as the price after rising inside the bands started to increase and expected to continue further after breaking the midline Price at time of publishing: $2.584 EOS’s market cap: $2.43 Billion Oscillator indicators are mostly neutral. RSI at 46 Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral and Hull Moving Average indicating a buying opportunity Volume indicators saw a similar value for blue candles while relatively high values for red candles with the value being less than the 20-candle moving average Price expected to see a slight uptrend as the price after rising inside the bands started to increase and expected to continue further after breaking the midline. Most of the Oscillator indicators are neutral. MACD line moving above the signal line with histogram size decreasing in the positive region, suggesting bullish bias. RSI at 46, in the neutral region below the midline. CCI is around 0, in the neutral region. Another interesting point to notice here is that the volume indicators saw a similar value for blue candles while relatively high values for red candles suggesting a bearish momentum. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:EOSUSDLong
by Mudrex
3
EOSUSD expected to see an uptrend(1D) | Higher lows observedMarket in last 1 week EOSUSD saw a slight downtrend with price getting lower band support to consolidate Price volatility was very high. The market moved ~12.41%, between $2.68 and $2.39 Today’s Trend analysis EOSUSD expected to see a slight uptrend as the price got support from lower band with higher lows being observed Price at time of publishing: $2.585 EOS’s market cap: $2.42 Billion Oscillator indicators are mostly neutral. RSI at 41 Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral and Hull Moving Average indiacting a buying opportunity Volume indicators saw a similar value for blue candles while relatively high values for red candles with the value being less than 20-candle moving average Price expected to see a slight uptrend as the price got support from lower band with higher lows being observed. Most of the Oscillator indicators are neutral. MACD line crossed above signal line with the histogram changing its direction from negative to positive, suggesting bullish bias. RSI at 41, in the neutral region below the midline. CCI is around -57, in the neutral region. Another interesting point to notice here is that the volume indicators saw a similar value for blue candles while relatively high values for red candles suggesting a slight strong selling pressure. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:EOSUSDLong
by Mudrex
6
EOSUSD to see a slight uptrend(1D) | Bollinger band squeezeMarket in last 1 week EOSUSD saw a slight downtrend with the price being below the midline Price volatility was high. The market moved ~7.75%, between $2.78 and $2.58 Today’s Trend analysis EOSUSD expected to see a slight uptrend as the price observed a series of lower highs and higher lows, expecting to continue with Bollinger band squeeze taking place Price at time of publishing: $2.674 EOS’s market cap: $2.51 Billion Oscillator indicators are mostly neutral. RSI at 40 Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral and Hull Moving Average indiacting a buying opportunity Volume indicators saw a relatively low value around 270k to 400k with a spike observed for recent low value at 900k with the volume being below the 20-candle moving average Price expected to see a slight uptrend as the price observed a series of lower highs and higher lows, expecting to continue with Bollinger band squeeze taking place. Most of the Oscillator indicators are neutral. MACD line approaching from below the signal line with histogram size decreasing in the negative region, suggesting bearish bias. RSI at 40, in the neutral region below the midline. CCI is around -78, in the neutral region. Another interesting point to notice here is that the volume indicators saw a relatively low value with a spike observed for recent low value with the volume being below the 20-candle mvoing average indicating bullish momentum. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:EOSUSDLong
by Mudrex
3
EOSUSD to see a slight uptrend(1D) | Trading b/w midline & lowerMarket in last 1 week EOSUSD saw a downtrend and got support from the lower Bollinger band Price volatility was very high. The market moved ~42.16%, between $3.55 and $2.5 Today’s Trend analysis EOSUSD expected to see a slight uptrend as price is trading between the lower band and midline with the lower band acting as support and midline as resistance Price at time of publishing: $2.925 EOS’s market cap: $2.73 Billion Oscillator indicators are mostly neutral. RSI at 45 Moving average indicators are biased towards a downtrend. Ichimoku Cloud is neutral and Hull Moving Average indicating a buying opportunity Volume indicators saw an increase in the recent candles except for the last one which saw a very low volume indicating a shift to sellers Price expected to see a slight uptrend as price is trading between the lower band and midline with the lower band acting as support and midline as resistance. Most of the Oscillator indicators are neutral. MACD line approaching from below the signal line with histogram size decreasing in the negative region, suggesting bearish bias. RSI at 45, in the neutral region below the midline. CCI is around -90, in the neutral region pulled up from the oversold region. Another interesting point to notice here is that the volume saw an increase in the recent candles except the last one which saw a very low volume indicating a shift to sellers. ---------------------------------------------------------------------------------------- The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 1 D candles. DM to get details of the above analysis and list of indicators & their values used to arrive at the above conclusion. Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume . ---------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community! - Mudrex
COINBASE:EOSUSDLong
by Mudrex
4
EOS/USDT: Awaiting Confirmation on the Weekly 1W (Jul. 30)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we explore EOS' weekly chart in order to determine significant zones of resistance and to confirmations that provide weight to the narrative of a bullish rally. Analysis - To begin with, we can notice that we are currently testing the descending trend line resistance - This trend line has been valid for over a year, and a break and close above the resistance is necessary for bullish confirmation - We also have strong historical resistance around the 4.94 USDT level - Counting Elliott Waves, we could see a potential Impulse Wave (12345) in play, leading up to the 0.786 Fibonacci retracement resistance at 7.12 USDT - However, we are trading below the Ichimoku Cloud, which has been acting as strong resistance for a while - Nevertheless, the Relative Strength Index (RSI) is at neutral levels, forming higher lows and higher highs - The Moving Average Convergence Divergence (MACD) has formed a golden cross, but seems to lack the bullish momentum necessary for a breakout. What We Believe We believe that once we break and close above the descending trend line resistance, a clear confirmation would be provided for a major bullish rally in play. Let us know what you think in the comment section below Trade Safe.
E
by XForceGlobal
7