Crypto Screener Forums Emerging markets – TA – Forecast EOS (EOS) Forecasts – Technical Analysis Reply To: EOS (EOS) Forecasts – Technical Analysis

#862
margincall
margincall
Keymaster

EOSBTC 1day candles

We can see that the long term down trend has been broken and higher highs and lower lows are starting to develop in the market.

Zooming in at the same chart, it looks like a very nice cup and handle forming inside of what could be a ascending triangle forming.

Woodies CCI indicates we are bullish on the 1day, of course this is crypto and should the uptrend  fail we might take a dip before continuing up.

EOS looks like it is a solid buy zone long term speaking, great potential for massive gains.

I would be a buyer at these levels longer term speaking. As always please do your own research about the projects that you would like to invest in.

EOS seems like a very nice addition to a ether-wallet.

Support should kick in at around 0.00015 resistance 0.0002, watch for a breakout trade above 0002.