EOSUSDT.P trade ideas
EOSUSDT Hello Crypto Lovers,
Mars Signals team wishes you high profits.
A one-day frame for EOSUSDT
The price was not able to move upward after hitting the top of the resistance channel and as it is shown, a weakness is clear in the trend. Then, we faced a revision in price and at the moment the price near the support zone is fluctuating. This can support the price but in case we lose this support and by remaining under the support line, more loss in price would happen up to the next support line. Actually, this is not so much probable here.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
EOS/USD Secondary trend. Wedge.A secondary downtrend forming a wedge is developing. But, it should be noted that volatility has decreased significantly, but there is no significant volume of buyers yet.
We work with a breakdown (rollback, breakdown) of the wedge resistance (important, high volume of the buyer) or with a stop loss at the current moment before the breakdown (risk).
It is worth noting that during previous resets before a trend reversal, the price fell 2 times to breakdown in the $1.3-1.6 area. In that case we can use stop with buy orders (not close to stop loss), in case of a similar scenario (not necessarily).
Here you can see what I described above. Just keep this in mind in your work.
EOS - Showing intresting trends depending on TAHello trading friends,
EOS showing interesting trends - depending on the day trading time frame.
We will follow and see the coming to time the coin.
Between 3.20 - and 4 USD + is an interesting target.
Have good time
# this is not a trading call - trade only depending on your setups.
EOSUSDT time for the reversal?The price created a huge descending channel on the daily timeframe and retest the daily resistance on 1.8$ and created a triple bottom on it.
On the 4h timeframe the price is trying to have the breakout from the monthly resistance on 2.2$ after a breakout from the daily static resistance and dynamic one.
How to approach?
The price needs to confirm the reversal with a breakout with volume above the supply zone on 2.3$.
IF the price is going to satisfy our rules, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐