Here we have EOSUSD 1D chart.
In this interesting idea we are watching a formation of a perfect bullish reversal pattern H&S which will lead the price directly to 9-10$ in the next few weeks.
It's sound not clear on the daily chart, but on the 1W we have a neat pattern and completed formation is coming
on 1W time frame:...
After months of few clear signals, EOS has finally provided us with a beautiful Inverse Head and Shoulders set-up on EOSUSD which has taken near 6 months to complete!
EOSUSD just recently broke the neckline of this inverse head and shoulders, therefore I have gone ahead and entered a spot trade with the details below.
Target 1: 9.67
The price reached a possible reversal zone. It is formed by 4.50 support level, the uptrend line, and SMA50. This zone can stop and reverse the falling market. It can give a new buy opportunity. For confirmation of the upward movement, the price will have to break the downtrend line. This breakout can be used for buying.
If the price drops below 4.50 support, the...
Hello fellow traders,
EOS has revealed some bullish divergences in the daily money flow, indicating money is coming into this coin.
Trade: LONG EOSM19
Current Price: 0.0007938
Time Frame: Daily
Buy in: 0.0007930 - 0.0007870 - 0.0007780
OES chart shows all elements within acceptable Fib. metrics.
200 Daily MA also approaching 'buy zone'
As you can see, its also withing the bounds of the wedge channel.
Point 4 also in line with fib wave measurements
Point 5 is the selling point\target based on previous support in September
Please, take a second and support my idea by hitting the...