EOSUSDTSolid accumulation phase indicating sustained buyer interest. The chart displays promising growth potential, supported by a trend of rising lows and steady volume increase. Market sentiment leans bullish, with resistance levels under pressure. A breakout scenario seems likely if current momentum holds. Monitoring for a possible retracement to form a new support level before further upward movement is advisable.
Eosdollar
EOS In a Strong Bear Market: Is There Any Chance To Survive?Hello, Skyrexians!
We continue analyze the crypto dinosaurs coins. Today we will try to understand if permanently dumping asset BINANCE:EOSUSDT has any chance to bring profit for it's holders. This coin was on hype in 2017-2018 but since there has not showed any performance and only dumping every months. Some investors probably forgot about this assets, but for those who want to get rid of this we have a great news because it looks like exit pump incoming soon!
Let's take a look at the weekly time frame. Let's count global waves as a huge zigzag ABC. Wave C consists of 5 Elliott Waves. At the end of the wave 5 Bullish/Bearish Reversal Bar Indicator has printed the green dot. As you know already from our previous articles this is very strong sign of reversal to the upside. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView .
The next move we can call exit pump. We expect the fast pump to the 0.61 Fibonacci retracement zone. This Fibonacci is based on regular scale, don't be confused why it's so high. For your convenience we use logarithmic chart. Target zone is located between $7 and $8.
Best regards,
Skyrexio Team
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EOS (Crypto EOS-USD) BUY TF H4 TP = 0.5724On the H4 chart the trend started on Aug. 05 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.5724
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
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.
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"Ethereum Killer" - EOS is fighting for personal survivalHere is the entire trading history of EOSUSDT, which is 5.5 years from mid-2017 to the present.
At different stages of its existence, EOS was called a know-how breakthrough in the crypto industry and the "Ethereum killer". They announced the creation of a bank and crypto exchanges based on EOS and much more. But such a news background and marketing did not help.
In fact, the EOSUSD price is in a clear downtrend for the last 19 months. Probably, the 20th month will still be under the red trend.
However, in general, the first signals for a possible upward trend are appearing in the cryptocurrency market.
The EOS price has now stopped at a strong, one might say mirror level, because it was first tested for strength back in 2017. In 2022, the liquidity zone of $0.80-0.85 has already withstood a blow from above three times.
If there are still people in the crypto market who are interested in EOS, then it's time for them to take their heads and start aggressively buying. Because under this liquidity zone left only -40% to the absolute price minimum.
But let's try to think positively and repeat like a mantra: EOS is a necessary and working crypto project. )
In this case, EOS will be bought, and the first task of buyers is to break through the red trend line. Therefore, the first growth target is $1.35
The next task of the extremely difficult quest of EOS buyers will be to consolidate above $1 and on the other side of the red trend line.
And only after all these conditions are met, you can start dreaming and fighting for the growth of the EOSUSDT price to the liquidity zone of $1.95-2.05
Do you believe in the growth of EOS ?)
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EOS (Long Term Analysis)EOS / USDT
EOS is one of my favorite coins , it was in downtrend since may 2021 but this will end soon !
As you can see in my chart its trading in red color descending channel (bear market channel)
If we are looking for good long term buy then there are 2 options in my chart :
1- wait and buy near all time low around 0.5$ ( best buy area if market give opportunity
2- buy after breakout from massive resistance around 2$ ( new bull market cycle)
❤️if you enjoy my long term analysis then dont forget to support my work so i will publish more ❤️
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
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EOS (Eos) Coin Analysis 28/03/2022Fundamental Analysis:
EOS is a platform that’s designed to allow developers to build decentralized apps (DApps)
The project’s goal is relatively simple: to make it as straightforward as possible for programmers to embrace blockchain technology — and ensure that the network is easier to use than rivals. As a result, tools and a range of educational resources are provided to support developers who want to build functional apps quickly.
Other priorities include delivering greater levels of scalability than other blockchains, some of which can only handle less than a dozen transactions per second.
EOS also aims to improve the experience for users and businesses. While the project tries to deliver greater security and less friction for consumers, it also vies to unlock flexibility and compliance for enterprises.
The blockchain launched back in June 2018.
To an extent, you could argue that EOS aims to create familiarity for its users. Whereas EOS.IO is probably best compared to an operating system like Windows or iOS, EOS is the cryptocurrency that drives the network.
According to the company, it has the capacity to accommodate the demands of hundreds, if not thousands, of DApps — even if they were being used by substantial numbers of people. Parallel execution, as well as a modular approach, are said to drive this efficiency.
In a unique twist, token holders have the ability to vote for block producers — as well as other matters such as protocol upgrades.
Unfortunately, some of the most distinguishing features of EOS are those that certain critics dislike the least. There are those that argue that extensive Block.one’s involvement with this project means it’s rather centralized — and some argue this is the opposite of what blockchains and cryptocurrencies were meant to achieve.
EOS uses a delegated proof-of-stake consensus mechanism. This concept was conceived by Larimer, and aims to solve some of the flaws that are seen in PoW and PoS systems.
As we briefly explained earlier, those who own EOS tokens are able to vote for representatives who will be responsible for validating transactions. One of the advantages is that this helps eliminate consolidation, where smaller miners are pushed out by those who have greater levels of computing power and resources.
The EOS platform was developed by the company Block.one, and its white paper was authored by Daniel Larimer and Brendan Blumer.
Both men continue to be members of Block.one’s executive team, with Blumer serving as CEO and Daniel Larimer as CTO.
Blumer is a serial entrepreneur, and one of his earliest ventures involved selling virtual assets for video games. He went on to co-found Okay.com, a digitally focused real estate agency in Hong Kong.
Larimer is a software programmer who has also started a series of crypto ventures. They include the crypto trading platform BitShares and the Steem blockchain.
The pair met in 2016 and formed Block.one the following year.
There are 985,399,855.46 EOS coins in circulation at the time of writing, and a total supply of 1.052 billion tokens.
Block.one held an initial coin offering for EOS back in June 2017 and it lasted for a year — that’s substantially longer than many of the ICOs seen at the time.
A total of $4.02 billion was raised in the process, and investors from the U.S. were unable to take part. Looking at the breakdown of how tokens were distributed,
10% were allocated to the founders,
90% were distributed among investors.
It is worth noting that Block.one won’t receive this allocation straightaway — instead, it’ll happen over a 10-year period.
The current CoinMarketCap ranking is #49, with a live market cap of $2,981,938,783 USD. It has a circulating supply of 985,399,855 EOS coins and the max. supply is not available.
Technical Analysis:
The Asset has fallen 85% Lower than its All Time High, it is at a very Discounted Price and Currently at the accumulation zone, soon the Smart Money effect shall Appear on the Price Value.
There exist the Regular Bullish Divergence of Price Value from MACD , which is the very Significant sign of Bearish Trend Reversal eventually Start of the new Bullish Trends.
As the price value Start its Bullish trend From these kind of Discounted Zones such as Fib 78.6% or lower such as 85%, we can Rationally expect the ATH to be easily Achievable and ultimately developing the new cycle thus new ATH.
There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points .
The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some Price correction and Reaccumulation. on its Up Formation rally.
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.
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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 $5 is inbound in for sure!
Anything dealing with Ethereum has my attention.
Ethereum will be over 30k by 2022-23.. :)
Lets get it baby! Super excited
EOS: Going back to the ATH?EOSUSDT is one of that ol' school coins that survived bear and bull markets alike.
Now with quite some heavy volume (higher than during the previous High), we are about to enter the Ichimoku cloud.
Once a cryptocurrency enters the Ichimoku cloud there is the chance that it will go all the way to the other side of the cloud, meaning quite a PUMP from here.
Not only do we have strong volume, but we also have been consolidating.
First in the range from 3.1 to 4.2, where I believe investors and savvy traders have been accumulating EOSUSDT.
Second in the 4.5 to 5.7 range, where the 180 EMA has been acting as support providing a safe area to fall back.
Right now both ETHUSDT and BTCUSDT are back into more bullish scenarios and EOSBTC as strong and proven crypto could potentially follow them and get close again to the ATH (right now we are
-78.11% from the ATH of 2018).
Based on this and the fact that volume is looking great, I'm buying EOS waiting for a move in the next few days.
I will close my positions if EOS falls back to the first range of 3.1 to 4.2.
Time to wait and see if this old horse has any tricks left.
ALWAYS PRACTICE RISK MANAGEMENT, RISK MANAGEMENT IS KEY TO TRADING.
Eos actually doing okayEos has began consolidating itself again, with a nice support trend yielding a realistic view of its price action within the next following years,(long term)
For the moment short term if we see a volume increase within the 3-5$ zone over the next month that will be a really good indicator that EOS can step back into its bullish channel
the market doesn't have enough hands in the market to tip the balance from super bearish 28k> or super bullish 42k> for BTC.
things to look out for coming month:
Volume+:Even a moderate increase in EOS at the moment is a huge sign of upwards pressure
RSI+:if bears make a move RSI will be undersold.
if bears are attempting a 3.0 move for EOS they will be out of luck with huge buy walls in 2.60-3.0 region(huge support)
if both are bouncing with even moderate strength we can see a break for 5$
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
EOSUSDT - Dan Larimer Announces Departure From EOS Builder BlockA key programmer left the project after this news.
the price has not dropped too low.
There is an accumulation of more than 1 year.
I think the project has a prospect.
Conservative purchase after the exit from the accumulation range.
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