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EOS 2019 Price Prediction: It Starts Gaining Momentum To Reach $6 By April

  • Vera Thornpike
    📈 Price Predictions

    EOS price prediction from TradingView experts: Reaching the bottom is a must


EOS 2019 Price Prediction: It Starts Gaining Momentum To Reach $6 By April
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

One of the top cryptocurrencies, EOS is always in the limelight. Famous EOS supporters make unrealistic predictions and put it on a pedestal, but traders have their own opinion. Let’s find out what amateur and professional analysts from tradingview think about the nearest future of EOS coin.

ForecastCity: Uptrend is beginning

This prediction is based on the RSI index that is at 47, and the 21-day price history showing a dynamic resistance. The guys from ForecastCity are sure that we should expect the beginning of an uptrend. However, there’s a possibility of EOS going into a support zone (from $2,2 to $1,55), so it’s a perfect time for traders to opt for short-term gains.

So, how to use their prediction?


Enter market

Do not enter the market

When the price goes in the ‘Buy Zone’, e.g. starts forming reversal patterns, such as "Bullish Engulfing", "Hammer" or "Valley".

The price goes in ‘Buy Zone’, but there are no reversal patterns.

According to this forecast, EOS price can ascend to $4.35 in the nearest time, and then go up to $6 or even higher.

EOS 2019 Price Prediction: It Starts Gaining Momentum To Reach $6 By April

Bionicol: EOS is looking to catch a breakout

Having started watching EOS since the end of 2018, this user applies an analysis based on Fibonacci and distance instead of price levels. Recently, EOS has been through bullish impulses. What should we expect?

Potential target of the second arm is the same percentual loss of the first arm (80% over 114 days). Target ca. 1.20 dollars for 1 EOS on the 1st of March.

After reaching this bottom, EOS should start soaring. Bionicol bases his assertion on four facts:

  1. Channel resistance is formed by ATH.
  2. The base starts from ATL.
  3. Cypher like formation on the log-chart with the pivot point of the cypher at 0.236 retracement of the XA = 1.2
  4. Mid-channel support/resistance.

Thus, if EOS goes to 1.20 and starts making a reverse movement, we might enjoy a 500% gain during 45 days!

EOS 2019 Price Prediction: It Starts Gaining Momentum To Reach $6 By April

Coinlife: We’ll be able to get some EOS for cheap

According to Coinlife, we should keep an eye out for EOS. In March-May, it is expected to go to the support zone and fall to $0.8-1.2 – that will be the time for accumulation. So, probably, we should wait for some time and buy EOS in the spring while it’s cheap. There’s a chance that EOS will start gaining value in summer 2019.

EOS 2019 Price Prediction: It Starts Gaining Momentum To Reach $6 By April

It’s worth mentioning that the vast majority of EOS analysts on TradingView agree that it should reach the bottom soon, and the lowest low is about $1.5-1.2. Is it bad news? No, if you can wait. EOS is a strong cryptocurrency with large potential, it just needs time to fulfill it as many other digital tokens. So waiting a few months and investing in the Buy Zone might be a very wise decision.

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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Pump or Dump? BTC Price Analysis Is Interpreted in Two Opposite Versions


Pump or Dump? BTC Price Analysis Is Interpreted in Two Opposite Versions
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

One of the most extravagant crypto traders on YouTube, Crypto Kirby Trading, has come up with his own observation of Bitcoin price predictions and technical analysis. His notes give us a hint that there are two ways for BTC to go. What are they? Watch this YouTube video and check out which BTC price theories the trader has.

Head & Shoulders pattern – a bullish sign

Head & Shoulders bearish pattern cannot stay unnoticed – we can see it forming from the beginning of April until now. However, the right shoulder hasn’t formed yet, so the pattern should be confirmed – don’t rush to make conclusions.


What happened recently when BTC fell into the abyss? According to Crypto Kirby Trading, it was resistance short. Shorts got a little bit high, and they squeezed it. In fact, the recent squeeze didn’t bring us anywhere – it’s like nothing happened.

At the moment, BTC goes sideways and sees resistance. Judging by H&S pattern, the volume peak has been reached, and now we are under resistance line in the right shoulder. If BTC’s price suddenly goes up, the pattern will be invalidated.

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Pattern within a pattern

Which pattern has been taken by BTC? It depends on how you look at it! What do we have here?

Descending triangle pattern or an ascending triangle (a little bit longer term)? Both are possible!

There has been lot of speculation about these patterns – that’s the problem. So, we have two different triangles and H&S, three patterns at the same time. If the H&S or descending triangle get validated – BTC is expected to go down to $5,000 and further into the abyss.

Take a look at the chart. We are still trading below the key resistance in the red box, and the rest of indicators still look bearish. We haven’t been trading so low since February 2018! That’s why it’s hard to believe that we will pump.

According to Crypto Kirby Trading, the $6,000 resistance might be very hard to beat – the hardest in BTC history. Very unlikely that it will happen in the nearest time, but who knows?

So, what should happen?

Crypto Kirby Trading  reckons that the possible $4,500-$4,300 would be a better bottom to buy BTC even than at the winter level. However, you should be very attentive. We are testing the November 2018 levels, and it’s important to make proper adjustments here.

Currently, the volume has been higher than in the previous months, but it’s not promising – it seems to be declining gradually. If we go down, we will reach consolidation to resistance.

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What should happen for a dump?

If we move sideways without touching resistance, expect a bearish period, and we’ll continue adjusting the triangle pattern until it breaks. Confirmation of patterns is required – don’t rush to make conclusions yet.

One more thing signifying a possible dump is the Fear & Greed Index – 61, which means we can fall as it always occurs when we get greedy and want to squeeze maximum profit from the market.

What should happen for a pump?

For pump, we should break the red box ($5,750). We should test the top of the box as well as the H&S and reach new volume – we want this boom to happen and bring us to the top, don’t we? If that happens, opportunities can get insane because the bulls vs bears battle will be epic. We might get through $6,000-$7,000, but of course not without failing the first attempts to scratch the top – it always happens this way.

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