These top 5 professional charting analysts have predicted that EOS will continue to witness bullish run to above $10 after a temporary pullback. EOS stands as the 4th largest traded coins among the top 100 cryptocurrencies in the industry.
1 EOS- 1st Prediction
Another bullish flag pattern, this time on EOS.
This pattern has high probability of reaching the profit target should a break above Point (B) occur.
Use STOP-LIMIT order to catch the move and place stops below Point (C) when in a position.
If price fails to break Point (B) and drops below Point (C), trade setup is invalidated.
This is my FAVORITE pattern to trade in a BULL trend.
Take note the supply zone shaded in blue. There will be selling pressure in this area so trail/manage stops to lock in profits.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
7 hours ago
Trade active: Triggered the entry price. Interestingly, Bitcoin is trying to pump which would help this trade.
7 hours ago
Trade closed: target reached: BAM!
2 EOS- 2nd Prediction
If EOS holds higher swing low (and BTC 1.12% too), then BUY retracement.
-Risky- buy big volume and reversal candle
-Safer- buy breakout of S/R formed at Lower swing low (right shoulder)
-Safest- add quantity breaking pattern at $10
Potential Head and Shoulders bottom- LAGGARD fractal from BTC 1.12% .
If EOS breaks $10, then BUY BREAKout.- Contingent on BTC 1.12% moving further NORTH.
-Daily indicators have plenty of room to move north
--------- my tracking-------
CON- boat half loaded
PRO- safer entry