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jpbrown1023
May 7, 2018 4:51 AM

eBoost - Ready to launch: Will history repeat for a 3rd time?  

Description

Looking at the daily chart for eBoost, twice previously after long periods of low volume and volatility the price action would come to life and follow the dotted support line until the price launched into the stratosphere. I think it may be ready to do it again. I've market some areas of resistance as well as two of my immediate target prices. I believe Target 1 will be where the price hits the green trend line and the price will likely close here, but I am expecting it to get as high as Target 2 which is the previous high from the last jump. Who knows, the price may go through the roof as it did last June when it hit 84,000sat! That's 14x the current price. Now wouldn't that be a nice return?!
Comments
jpbrown1023
jpbrown1023
@jpbrown1023, EBST will likely consolidate until more good news/volume return.
jpbrown1023
jpbrown1023
jpbrown1023

I might be seeing things on the 15min, but I'm throwing this out there as a possiblity.
jpbrown1023

Finally a breakout. I still would like to see more volume.
jpbrown1023

I'll be honest. I do not like what I see.
jpbrown1023

Wow! Never like waking up to this. I saw that Bittrex announced early this morning that they were not going to participate in the airdrop because they don't offer ALA on their exchange. Makes sense. The severity of the market reaction however does not. The ALA airdrop is still in play. You will just have to move your coins to an eBoost wallet if you would like to participate. A little bit more of a hassle, but still it's free ALA for just moving your coins from one wallet to another. After such a big selloff, it is prime for a little rally, but I will watch how the market sentiment carries over the next couple days. Remember the 5/15 airdrop is still in play.
jpbrown1023
jpbrown1023
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