Buy at next dip on leverage and make 2500% by year end. If only it were that easy!
If this double top fails this is a possible scenario. I think being conservative here is best. Rebuy the breakout or be on the sidelines if this fails. Big moves ahead IMHO.
H&S near completion and double bottom support. Will it hold?
Using EW on a non traditional pair to forecast portfolio rebalancing.
For BCH fans ignore price and watch the ratio of BCH to BTC BCH needs to stay above .14 or the 1.618 level
My initial target is in white box for completion of EW however I am hoping today's action is beginning of a bull flag and the Coinbase news will push BCH to new highs and new price discovery zone.
Used this chart to tweet about profit taking opportunity over $2,200 this morning. I'm holding long. I am hoping the Coinbase news breaks us above this PF into new trend but I'd be happy if we hold this trend for weeks or more. We may be forming a Bull flag which would take us to next level in chart I will post separately.
Using the entire last EW as a trend based fib and drawing a PF here's a bullish model for EOS. The PF has very little data so it may break. Let's see if it builds from here.
Let's hope we get a healthy correction rather than a blow off top.