Trading Crypto Guide ™
Buying a bag of #EOS here! Looks ready to break the horizontal triangle and fly! Main targets is above $8!
Trading Crypto Guide ™
Buying a bag of #EOS here! Looks ready to break the horizontal triangle and fly! Main targets is above $8!
XTZ/USDT breaks its falling wedge pattern. There can be a possible retest on the support level nearby. #XTZ and #EOS are some underperformed coins in the #altsseason. There are more potential of gaining in these large-cap coins
Buy Zone : $6.91 - $6.98
Sell Zone : $7.2 - $7.7 - $8.2 - $8.4+
Buy Zone : $6.91 - $6.98
Sell Zone : $7.2 - $7.7 - $8.2 - $8.4+
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Here's the analysis of #EOS : As Saw, the whole market saw a heavy dump over in a couple of minutes. #EOS now on the support zone with a wick showing rejection. It's a clear buy-in daily TF but keeping an eye on the market volatility, it's better to stay…
Market looks good now and #EOS is hodling above the support. Price also made EQH (Equal Highs) inducing liquidity. Market buy is risky, use pending orders between $4.326 - $4.635.
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Here's the analysis of #EOS :
#EOS nearly bounced off from the support zone of $1.52 - $1.70. Price already tapped from the weekly support but this is the refined area to daily TF. Currently, #EOS breaks the falling wedge pattern and a retest is expected now. Around, 2.10 is looks good area for it in 4H. Setup looks valid and you can take it with proper risk management.
#EOS nearly bounced off from the support zone of $1.52 - $1.70. Price already tapped from the weekly support but this is the refined area to daily TF. Currently, #EOS breaks the falling wedge pattern and a retest is expected now. Around, 2.10 is looks good area for it in 4H. Setup looks valid and you can take it with proper risk management.
Trading Crypto Guide ™
Here's the analysis of #EOS : #EOS nearly bounced off from the support zone of $1.52 - $1.70. Price already tapped from the weekly support but this is the refined area to daily TF. Currently, #EOS breaks the falling wedge pattern and a retest is expected…
#EOS breakout was pretty strong as there was not retest. Currently, we're expecting a retest as price reached its local high as a resistance level. 4H support around $2.27 - $2.31is the area where price pullback is expected. Alternatively, we can see a range over the top.
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Here's the analysis of #EOS : #EOS recently rejected from the major resistance zone and is being trending with the supporting uptrend line. Currently, price is taking support with the trendline, so you can take minor risk here with stoploss below previous…
#EOS gave a good move out the from the supporting uptrend line and from the downtrend resistance line too. Price and a high of $1.60, which is 15.92% in profit. We recommend to book some partials out there and moving stop-loss to breakeven.
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Here's the analysis of #EOS :
#EOS build-up a strong level of resistance at $0.95 - $0.96, which is noe the strong support. Price give a strong breakout and support will be potential retest area. Next strong resistance is around $1.10 and $1.21. Expecting a move till there as per market conditions. Don't just jump in to entry, wait for the proper rejection candle on 1H and 4H.
#EOS build-up a strong level of resistance at $0.95 - $0.96, which is noe the strong support. Price give a strong breakout and support will be potential retest area. Next strong resistance is around $1.10 and $1.21. Expecting a move till there as per market conditions. Don't just jump in to entry, wait for the proper rejection candle on 1H and 4H.
Trading Crypto Guide ™
Here's the analysis of #EOS : #EOS build-up a strong level of resistance at $0.95 - $0.96, which is noe the strong support. Price give a strong breakout and support will be potential retest area. Next strong resistance is around $1.10 and $1.21. Expecting…
#EOS failed to retest back to thr support support and pushed higher where we anticipated the price move. Now, this failed retest will act as liquidity for manipulation, so there's will be still valid buys if price return back. Alternatively, Around, $1.00 will be potential retest zone for this continuation move.
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#EOS failed to retest back to thr support support and pushed higher where we anticipated the price move. Now, this failed retest will act as liquidity for manipulation, so there's will be still valid buys if price return back. Alternatively, Around, $1.00…
#EOS cand back to the retest area but not that deep down, which were expecting. Price currently forming a triangle pattern, in which price rejects from the resistance line. There's is very less range price to move up, if breakout is on upside. Break below can open the opportunity for short-sell 📉. Keep stops orders accordingly.
Trading Crypto Guide ™
#EOS cand back to the retest area but not that deep down, which were expecting. Price currently forming a triangle pattern, in which price rejects from the resistance line. There's is very less range price to move up, if breakout is on upside. Break below…
#EOS moved perfectly with the market. Price broke below the triangle pattern and given a smooth drop in our favor around 5.9%. Market is bit choppy, so scalping is highly recommended. Price already reaching strong support, so lock-in your profits.
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#EOS moved perfectly with the market. Price broke below the triangle pattern and given a smooth drop in our favor around 5.9%. Market is bit choppy, so scalping is highly recommended. Price already reaching strong support, so lock-in your profits.
#EOS hit the zone as expected and i hope you lock-in the final TP. Price took a bounce from the support and hit the flip level around $1.01. If price breaks above it the we could see potential upmove till $1.06. A rejection will send it till $0.91 support.
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#EOS hit the zone as expected and i hope you lock-in the final TP. Price took a bounce from the support and hit the flip level around $1.01. If price breaks above it the we could see potential upmove till $1.06. A rejection will send it till $0.91 support.
#EOS rejected from the resistance zone and as the expected price comes down to the support level. Price is now testing the support level and we could see a bounce from this level again. You can try small long positions with tight stop loss.
What is Delegated #DPoS(Proof of Stake) ?
Delegated Proof of Stake (#DPoS) is a consensus algorithm used by some blockchain networks to validate transactions and create new blocks in the chain. In DPoS, token holders elect a group of nodes, known as "#witnesses" or "#delegates," to act as validators and create new blocks on behalf of the network.
The voting power of each token holder is proportional to the number of #tokens they hold, and they can use their tokens to vote for their preferred witnesses. The top-ranked witnesses are then selected to create new #blocks, with each block being #verified and approved by a certain number of witnesses before being added to the #blockchain
#DPoS is designed to be a more efficient and faster alternative to Proof of Work (#PoW) consensus. In #PoW, miners compete to solve complex mathematical puzzles to create new blocks, which requires significant computational power and consumes a lot of energy. In #DPoS, the block creation process is delegated to a smaller group of validators, which reduces the computational requirements and #energy consumption of the network.
#DPoS is used by several blockchain networks, including #Steem, #BitShares, and #EOS. However, it has been criticized for being more #centralized than other #consensus algorithms, as the power to validate transactions and create new blocks is concentrated in the hands of a small group of #witnesses or delegates.
Delegated Proof of Stake (#DPoS) is a consensus algorithm used by some blockchain networks to validate transactions and create new blocks in the chain. In DPoS, token holders elect a group of nodes, known as "#witnesses" or "#delegates," to act as validators and create new blocks on behalf of the network.
The voting power of each token holder is proportional to the number of #tokens they hold, and they can use their tokens to vote for their preferred witnesses. The top-ranked witnesses are then selected to create new #blocks, with each block being #verified and approved by a certain number of witnesses before being added to the #blockchain
#DPoS is designed to be a more efficient and faster alternative to Proof of Work (#PoW) consensus. In #PoW, miners compete to solve complex mathematical puzzles to create new blocks, which requires significant computational power and consumes a lot of energy. In #DPoS, the block creation process is delegated to a smaller group of validators, which reduces the computational requirements and #energy consumption of the network.
#DPoS is used by several blockchain networks, including #Steem, #BitShares, and #EOS. However, it has been criticized for being more #centralized than other #consensus algorithms, as the power to validate transactions and create new blocks is concentrated in the hands of a small group of #witnesses or delegates.
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Here is the analysis of #EOS:
Price broke the descending triangle with the big red candle. There may be a possible retest of the $0.817-$0.833 level and this is the zone for short selling. Wait for some time for better opportunities.
Price broke the descending triangle with the big red candle. There may be a possible retest of the $0.817-$0.833 level and this is the zone for short selling. Wait for some time for better opportunities.
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Here's the Analysis of #EOS :
#EOS is been rejected from the support area and around $0.63 - $0.64 and rejected for a major resistance area of $0.88 - $0.90. Now, a minor retracement are expected back to $0.77 and lower for potential buys, but a high probable buys will come above the major resistance area only so play it accordingly.
#EOS is been rejected from the support area and around $0.63 - $0.64 and rejected for a major resistance area of $0.88 - $0.90. Now, a minor retracement are expected back to $0.77 and lower for potential buys, but a high probable buys will come above the major resistance area only so play it accordingly.