Eos (EOS) - August 7

by David

Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (EOSUSD 1W Chart) https://www.tradingview.com/x/mBWuw63B/ If the price is maintained above the 4.0849-5.1 range, it is expected that the uptrend will continue. (1D chart) If the price holds in the 3.6732-5.1 range, it is expected to turn into an uptrend. To continue the uptrend, it must move above the critical point of 6.4053. If it falls from the 3.6732 point, you will enter the mid- to long-term investment area, so careful trading is required. -------------------------------------- (EOSBTC 1W chart) https://www.tradingview.com/x/md6LYlNU/ If it rises in the 8560 satoshi-30400 satoshi section, which is the bottom box section, it is expected to create a new wave. If the price holds above the critical point of 14700 Satoshi, we expect the uptrend to continue. Looking at the big picture, if it rises above the 47210 satoshi-53210 satoshi section, it is expected to break out of the trough section. (1D chart) https://www.tradingview.com/x/auUca4el/ It remains to be seen if the 9970 Satoshi-11130 Satoshi section can support and rise. If the price is maintained above the 11130 Satoshi point, it is expected to turn into an uptrend and rise. If it falls from the 9970 Satoshi point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required. However, it is possible to touch near the 8560 Satoshi point and rise, so be prepared for this as well. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L : Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)