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Eosusdlong

EOS Finally Hitting The Falling Wedge's Support Upto 70% MoveSince Sep 16 2019 the world’s 7th ranked cryptocurrency EOS is moving within a falling wedge chart pattern and this time it is hitting the support of the wedge for 3rd time and now we have recent support at $2.3548. With hitting support of wedge the price action also went closer to lower bands of Bollinger bands and repelled from there. The Oscillators and indicators are turning bullish: With this touch on falling wedge’s support all indicators and oscillators on two day chart are turning bullish. The Relative Strength Index (RSI) was already oversold with the value of 29.45 and now turned bullish and the Stochastic RSI was also oversold and has given bull cross and the moving average convergence divergence (MACD) indicators was also strong bearish and now burned weak bearish with indicates that bears are losing control over the price action of EOS. The harmonic formation: At this support the priceline also has formed a harmonic Crab pattern and this time we are in potential reversal zone of this harmonic pattern and the bullish divergence from the PRZ area can lead the price action to hit the 1st resistance at $2.5804 but if this resistance will be broken then EOS can breakout the resistance of the falling wedge and that can also lead to the big bullish move. But remember one the support of this wedge will be broken down then the EOS can move down to make a new low so this support should be a stop loss point for many traders who bought the EOS at this support recently If we buy at wedge support then we can set our sell targets 0.382 to 0.786 Fibonacci projection of tail to support of the wedge which is from $2.77 to $3.37 so this can be upto 70% bullish move. Regards, Atif Akbar (moon333)
BITFINEX:EOSUSDLong
by moon333
Short/Mid/Long EOSUSD CONSOLIDATION IN EFFECT TP1 $3.54 TP2 $3.67 Stop @ $3.54 Given current volatility, it should go w/o saying that stop losses (as always) should be set first. Like many other alts we are seeing some serious volume buildup again this time on EOSUSDC and now with another shortsell in scope lies another opportunity for entry to TP. Pairs equally with BTC & ETH as all 3 prospects seem bullish yet always set stop losses and don’t pivot from fiat currency to maximize ROI and mitigate risk for loss. Disclaimer Not financial advise -@a1mTarabichi
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by UnknownUnicorn3861629
1
EOS: Buy by breakout OR Sell from a resistance ? Hello, Traders! Monfex is at your service and today we overview EOS/USD . A week ago, in one week the number of participants in the EOS network fell by 43%. But EOS continue to grow. Now EOS under and near the resistance line of the big descending channel and it's can be signal to sell. Also we have key resistance level by breakout of which we can open long position. By breakout the local support line EOS can reach main support zone. In case of breakout 61.8% Fibonacci level at daily chart - EOS open target of 38.2%. The local resistance zone ~ $3.60-3.70 The local support zone ~ $3.50-3.425 Supposed Trade Signal by EOS/USD Buy by breakout $3.70 Take profit ~ $4.25 Stop loss at $3.535 Market Cap $3 314 521 826 USD Volume (24h) $2 266 832 638 USD Circulating Supply 939 683 825 EOS Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
BITFINEX:EOSUSD
by Monfex
EOS +70% just corrective movementHello, Traders! Monfex is at your service and today we overview EOS/USD . Latest news: The blockchain company Block.One, which developed the EOS protocol, agreed to pay a $ 24 million fine imposed by the court on charges of SEC of unregistered securities trading during the ICO organized by Block.One in 2017-2018. Against this background, the price of EOS rose by more than 10%+ in the last 24H against the backdrop of an agreement with the SEC. The asset has become one of the growth leaders among the coins from the TOP-10 list by capitalization. So it's say us that we need to see at TA. What do you expect from EOS ? Correction to Fibonacci levels, they stand as levels of resistance. 61.8% and 50% are our goals. Period: expected until December. At the moment, the price is in the zone of support for trading volumes and levels. On the RSI we have bullish divergence and it's at the oversold zone and going to rise up. Active Trade Signal by EOS/USD Buy now near $ 2.60 - 3.00 Take profit $ 3.60 - 4.23 - 5.11 Stop at $ 2.35 Share your thoughts, ideas about the market under the chart. Do not invest money that you cannot lose! Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
BITFINEX:EOSUSDLong
by Monfex
6
EOS - EOSUSD - Technical Analysis - Very Profitable Trade ComingEOS - EOSUSD - Technical Analysis - 96%-1186% Profit Expected Very Profitable Trade Coming...Huge ROI...Don't Miss This. Based on AB=CD pattern , Time Ratio & Gann Analysis, It's a potential long position with great returns :) In a lower time-frame (4hrs) this long position has also been confirmed. Target Profit Range - 3.09 - 8.10 (96%-1186% Profit Expected) TP - 1 - 3.09 TP - 2 - 4.12 TP - 3 - 5.18 TP - 4 - 6.18 TP - 5 - 8.10 Buying Zone! Long Position Early Entry Trigger Point - $1.38 -$1.58 Ideal Entry Trigger Point - $0.53 - $0.73 Adjust your Stop Loss according to your lot size, account equity, strategy & money management. ***If you want to get in this trade from this point 2.66 you can still make 16% profit till TP1 is reached, however, there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly. Good Luck.! Disclaimer - This is not financial advice. This is my personal view and analysis of this chart. If you follow this idea please plan your trade according to your lot size and account equity. Don't forget to like, comment & follow , If you agree with my analysis :)
ELong
by Jaffery
EOS vs BitcoinHi, dear Traders! Monfex is at your service and today we overview EOS/BTC . EOS is moving towards the diamond support zone now. RSI has entered a recession phase in the oversold zone and by that time the price will just drop and you can expect an upward movement from the support zone to the first target. Market Cap $2 774 501 506 USD Volume (24h) $1 619 668 115 USD Circulating Supply 936 082 773 EOS Stay with me and you will get in time signals for EOS/BTC Share your thoughts, ideas about the market under the chart. GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
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by Monfex_UK
EOSUSD formed a bullish Cypher | Upto 11% expectedPriceline of EOS / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone. I have used Fibonacci sequence to set the targets: Buy between: 3.0545 to 2.9649 Sell between: 3.1250 to 3.2944 Regards, Atif Akbar (moon333)
BITFINEX:EOSUSDLong
by moon333
Emergence of a new trend for EOS Hello, Traders! Monfex is at your service and today we overview EOS/USD . There is a medium-term resistance for the EOS of about $ 3.95 , upon reaching which the EOS will break through the global resistance lines. Locally, there is a falling wedge and a downward channel. Breakout of $ 4 will confirmation of bullish trend. Before the end of the year RSI will have left the oversold zone. Perhaps recently, a large second(2) wave of the Elliott(12345-ABC) Waves was ended at a large support line and the third(3) long wave begins. Share your thoughts, ideas about the market under the chart. Watch for our Updates to be the first who gets well-timed signals ! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
BITFINEX:EOSUSDLong
by Monfex_UK