TradingView
botje11
27 août 2018 23:03

EOS bull flag and about to break upwards Long

EOS / DollarBitfinex

Description

While i am writing this it broke the bull flag and from the looks of it the resistance as well because bitcoin made a small 30 point jump up, that's a pump nowadays :).
Those to green levels should be the support levels but since it broke out already we should not get that low anymore. The 5.22 should be the support for now, from there we should be bouncing up again

Commentaire

Looking good, solid breakout with volume. Target is around the blue circle. That big red area is the long term resistance, if it's able to break that we could see much higher prices

Commentaire

EOS did a good catch up and has been stable since. But against the heavy resistance now, the target was reached already, so wise to take at least some profit
tradingview.com/chart/gOC0NfXg/

Commentaire

Seems i posted a wrong link here, this one is a half a day later now

Commentaire

EOS looking very good and seems the bulls are not afraid of that big resistance area. It will be a hard one to crack, but if bitocin can move from the 7180 to 7300, i think this level will break and we could see a big rally here as well. But still not there yet, need to stay above the green support!

Commentaire

The big resistance has not been broken yet, but eos buyers are still pushing and are not giving up yet. Would be safest to take at least some profit again, or use a very tight stop for part of the pos. Can always buy it back again if we really break out. Also, better safe than sorry

Commentaires
exclusive_signals
Looks like everything is breaking upwards - not really. Most of it is because of Tether which has been printed many times before and then bitcoin does not make any organic growth. Other coins are going up due to Bitcoin. After they stop printing new Tether it will all fall very fast.

We will see the results in a few days. The support lines are made up by exchanges.
Senin
@exclusive_signals, So they can start buying BTC using tether and everybody will do the same.. pushing the price up.
InvestingScope
Any upside attempts are limited by the 5.9782 - 6.500 Lower High barrier of the 1D Channel Down. 3.8925 is expected next:

RaulPuiu
@InvestingScope, 5.9782 is now broken, 4h candle closed above that level. Watching closely for 6.5 resistance. Thank you!
The_Wrap
Good stuff botje, i seen an interesting pitchfork analysis of eos the other day, if btc gets out of the woods, eos going to be a regrettable one if not accumulating from $4 area....
potadahead
Thanks Bottie!
botje11
@Mauurits, Your welcome
MariusRad
Touch down.
botje11
Hanu0303
Eeeek! Let's hope so!
Plus