Hello friends, welcome to this chart analysis of EoS,
I Have nothing much to say about this one... the only thing I can say is I've never seen a weekly chart as strong as this in my experience in crypto.
It's a huge cup and handles on weekly chart which is one of the strongest charts that you should always pay attention to.
The target of this cup and handle in case of confirmation will be 240k sats!
now zoom in and see what's going on.
I Have nothing much to say about this one... the only thing I can say is I've never seen a weekly chart as strong as this in my experience in crypto.
It's a huge cup and handles on weekly chart which is one of the strongest charts that you should always pay attention to.
The target of this cup and handle in case of confirmation will be 240k sats!
now zoom in and see what's going on.
Nota
on the daily chart, we can see that Eos has made another cup and handle, as the handle of the big daily cup, it has already broken up from the cup and handle pattern and confirmed the cup and handles trend line as support.the target of this smaller cup and handle will be around 190k sats.
if you wanna buy this pattern you can buy it with a stop loss below the dotted yellow line.
I suggest you play with small position cause we have more than 2-3% risk involved in this trade for now.
Nota
very strong chart overall!I expect it to rally to 190 k area and make a base there and get ready for the second rally to 240k sat.
Nota
Eos broke out of the heavy resistant at its all-time high.The short-term target will be the dotted blue line based on the measured move of the small cup and handle.
midterm target will be the dotted green trend line at 17.5k sats. based on 2 different measured moves.
And long term will be around 25k sats based on the measured move of the big weekly cup and handle.
Nota
Eos hit our first target by 1.7% difference :/I expect it to make a base and go higher.
very strong!
Nota
looks like we are flagging, too early to say for this one. took some profits off the table we're up 15%. trail stop loss to break even point of entry!Nota
we are almost at the target.remember to take profits 1 -2 % below my targets.Nota
to be honest, as far as we are at all-time high, we don't have much data to work with. I can only predict this move base on measured movement. so I believe we gonna go up till between the dotted blue line and dotted green line and then retrace to make a base for the nest move.so make sure you take profits there.
good luck trading
i'll update later
Nota
the last update for tonight, I can't keep my eyes open anymore zzzz....since crypto started I'm watching charts 24/7, most of the nights I even dream about the charts ... haha
As I expected some sell-side came to in between the green and blue line
which shows that smart traders are getting profits.
you should take profits as well and bring up stop loss below the little blue triangle.
good luck trading
Nota
making base just as expected.Nota
very bullish! we just finished the base as I said in the last post.
and it is another cup and handles!
the target of this cup will be around 18,700 sats if it breaks up.
take profit at the dotted green line and at, 18,700 sats.
and bring up your stop loss to 15,500 sats.
Nota
just look at this zoomed out chart!isn't it amazing? I told you its the strongest in crypto hand!
Nota
Again we are on a parabolic channel just like TRX post. :)enjoy the moon shot!
Nota
working really nice, I expect a moon shot when we break the dotted green line on top.Nota
awesome.Nota
we might retest the dotted green line before going upNota
remember to take profit, and bring up stop losses.this parabolic moves can collapse at any time :)
Nota
good luck trading :PNota
well as I said I was expecting a moon shot and it bowed to my demand :P jk ;)it's still up trending but you should play it safe.
the final target is the dotted yellow trend line on top of the chart. that's the last target that the chart is giving me at the moment.
I expect a retracement after that.
hope you enjoyed this trade. ;)
Nota
it's showing me some topping action. don't forget stop losses.
Nota
there is a potential head and shoulders, which is a bearish pattern.trade closed. :)
Nota
well, apparently it still wanna go higher... Jesus Christ!Nota
this move can technically go up 10 more percent. for sure it can go more if fomo hits the fan as I said in my trx post.it seems like the sell side volume is coming in but the buyers are buying it up.
It's wise to take profits outside the table. and have a stop loss at 19200 sats.
good luck trading
Nota
If you joined this trade on my call, you are up 74% on your investment. congratulations.Nota
boooooom predicted it with only 1% error :Plook at that long wick!
Nota
long wick with high volumeNota
boooooom!who called the top? :D
Nota
eos after my call of top :PPenafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.