Technical analysis: EOS by snowy1nl

View this thread on: hive.blog | peakd.com | ecency.com

cryptocurrency · @snowy1nl · Jul 27 '17

Technical analysis: EOS

The short term technical picture for EOS improved a lot over the last few hours. EOS bounced nicely at the former bottom, formed on the 20th of July. This bounce was supported by the positive crossing of the 10 and 20 day moving averages, a move above the middle exponential Bollinger band and positive signals in the MACD. 

![](https://steemitimages.com/DQmeDoE3cABKXzx2aGEpGXfUvoUfd2sfoc5zkjXiu1deTRX/image.png)

Currently EOS is having a small pullback to get out of overbought territory in RSI, but still sitting nicely above the 10 day moving average. 

To confirm this move as a continuation of the uptrend I would like to see a positive crossing in the 10 and 20 day moving averages in the 4hr graph. So far this hasnt materialised yet, although the RSI is trending upwards and MACD is moving nicely towards a positive signal.

My short term recommendation is buy, with a stoploss at the middle Bollinger band.

![](https://steemitimages.com/DQmYweSW7sh714ZH5roQWFUTtWAQfoePBUhkEDdSGrvNriw/image.png)

👍 mjtiemps
👎 beinprofre, bitosuni, botmaxu745, dertluc

`author`	snowy1nl
`permlink`	technical-analysis-eos
`category`	cryptocurrency
`json_metadata`	{"tags":["cryptocurrency","eos","analysis"],"image":["https://steemitimages.com/DQmeDoE3cABKXzx2aGEpGXfUvoUfd2sfoc5zkjXiu1deTRX/image.png","https://steemitimages.com/DQmYweSW7sh714ZH5roQWFUTtWAQfoePBUhkEDdSGrvNriw/image.png"],"app":"steemit/0.1","format":"markdown"}
`created`	2017-07-27 09:01:30
`last_update`	2017-07-27 09:01:30
`depth`	0
`children`	6
`last_payout`	2017-08-03 09:01:30
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	1,008
`author_reputation`	64,493,522,241
`root_title`	"Technical analysis: EOS"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	9,889,508
`net_rshares`	599,674,076
`author_curate_reward`	""

properties (23)vote details (5)

voter	rshares	pct
mjtiemps	599,674,076	100%
dertluc	0	-100%
botmaxu745	0	-100%
bitosuni	0	-100%
beinprofre	0	-100%

@cryptor47 · Jul 27 '17

I haven't decided on EOS yet.. the insanely huge market cap from year-long ICO bothers me a lot.. could FAIL or be a MONSTER in a couple of years

properties (22)

`author`	cryptor47
`permlink`	re-snowy1nl-technical-analysis-eos-20170727t091127761z
`category`	cryptocurrency
`json_metadata`	{"tags":["cryptocurrency"],"app":"steemit/0.1"}
`created`	2017-07-27 09:12:09
`last_update`	2017-07-27 09:12:09
`depth`	1
`children`	1
`last_payout`	2017-08-03 09:12:09
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	145
`author_reputation`	24,854,629,617
`root_title`	"Technical analysis: EOS"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	9,890,273
`net_rshares`	0

@snowy1nl · Jul 27 '17

I agree, that's why i like to trade it based on technicals. It keeps you on top of things, and making use of the volatility can create some nice returns. Being it one of the more liquid pairs, it's easy to buy and sell without too much slippage.

properties (22)

`author`	snowy1nl
`permlink`	re-cryptor47-re-snowy1nl-technical-analysis-eos-20170727t091918624z
`category`	cryptocurrency
`json_metadata`	{"tags":["cryptocurrency"],"app":"steemit/0.1"}
`created`	2017-07-27 09:19:18
`last_update`	2017-07-27 09:19:18
`depth`	2
`children`	0
`last_payout`	2017-08-03 09:19:18
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	245
`author_reputation`	64,493,522,241
`root_title`	"Technical analysis: EOS"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	9,890,860
`net_rshares`	0

@jwolf · Jul 27 '17

thanks for analysis! Hope it will grow!

properties (22)

`author`	jwolf
`permlink`	re-snowy1nl-technical-analysis-eos-20170727t090608162z
`category`	cryptocurrency
`json_metadata`	{"tags":["cryptocurrency"],"app":"steemit/0.1"}
`created`	2017-07-27 09:06:12
`last_update`	2017-07-27 09:06:12
`depth`	1
`children`	0
`last_payout`	2017-08-03 09:06:12
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	39
`author_reputation`	124,912,730,383,826
`root_title`	"Technical analysis: EOS"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	9,889,854
`net_rshares`	0

@steemitboard · Aug 3 '17

Congratulations @snowy1nl! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/payout.png)](http://steemitboard.com/@snowy1nl) Award for the total payout received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)

If you no longer want to receive notifications, reply to this comment with the word `STOP`

> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!

properties (22)

`author`	steemitboard
`permlink`	steemitboard-notify-snowy1nl-20170803t000144000z
`category`	cryptocurrency
`json_metadata`	{"image":["https://steemitboard.com/img/notifications.png"]}
`created`	2017-08-03 00:01:45
`last_update`	2017-08-03 00:01:45
`depth`	1
`children`	0
`last_payout`	2017-08-10 00:01:45
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	691
`author_reputation`	38,975,615,169,260
`root_title`	"Technical analysis: EOS"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	10,588,937
`net_rshares`	0

@steemitboard · Jul 9 '18

Congratulations @snowy1nl! You have received a personal award!

[![](https://steemitimages.com/70x70/http://steemitboard.com/@snowy1nl/birthday1.png)](http://steemitboard.com/@snowy1nl)  1 Year on Steemit
<sub>_Click on the badge to view your Board of Honor._</sub>


**Do not miss the last post from @steemitboard:**
[SteemitBoard World Cup Contest - The semi-finals are coming. Be ready!](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-the-semi-finals-are-coming-be-ready)

---
**Participate in the [SteemitBoard World Cup Contest](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-collect-badges-and-win-free-sbd)!**
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: [@good-karma](https://v2.steemconnect.com/sign/account-witness-vote?witness=good-karma&approve=1) and [@lukestokes](https://v2.steemconnect.com/sign/account-witness-vote?witness=lukestokes.mhth&approve=1)

---

> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!

properties (22)

`author`	steemitboard
`permlink`	steemitboard-notify-snowy1nl-20180709t073835000z
`category`	cryptocurrency
`json_metadata`	{"image":["https://steemitboard.com/img/notify.png"]}
`created`	2018-07-09 07:38:36
`last_update`	2018-07-09 07:38:36
`depth`	1
`children`	0
`last_payout`	2018-07-16 07:38:36
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	1,194
`author_reputation`	38,975,615,169,260
`root_title`	"Technical analysis: EOS"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	63,994,817
`net_rshares`	0

@steemitboard · Jul 9 '19

Congratulations @snowy1nl! You received a personal award!

<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@snowy1nl/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@snowy1nl) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=snowy1nl)_</sub>


###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!

properties (22)