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AlanSantana
Feb 23, 2024 11:10 PM

EOS Eternal Downtrend Will Lead To 1,000%+ Long

BINANCE:EOSBTC1W
EOS / BitcoinBinance

Description

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The "eternal downtrend" here refers to a long, painful and boring 2,121 days of lower lows.

Whoever remains holding, that would be diamond hands.
Whoever wanted to sell, already sold.

Anyway, we can find the positive in this.

After a massive downtrend we can experience a strong uptrend in reverse.

We have a bottom pattern and 3 years long bullish divergence with the RSI.
Prepare for growth.

👉 On this chart we are mapping 1,034%.
Based on EMA300, it can go higher... It can also end up lower so make sure to plan ahead.

Buy - Patience - & Hold - Is Key - For Success!

Namaste.
Trend AnalysisChart PatternsTechnical IndicatorsContains image
Comments
mahdimoeinmehrr
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According to the current situation, please update your analysis. Thank you
MyCryptoParadise_Nathan
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Your perspective on enduring through the 'eternal downtrend' and the possibility of a significant reversal is quite encouraging.
WMWToronto
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I am not seeing any basement in this chart yet to show the bottom or an accumulation opportunity. Would it be wise to wait for one or will it just be a rapid upward movement ?
AlanSantana
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@WMWToronto, Depends on your trading style and risk tolerance.

Waiting = less risk.
Waiting = losing a great entry.

Any decision has its pros and cons.

The signal is a marketwide one.
You can find hundreds of Altcoins in a similar situation already breaking bullish.

I hope this information can help you make your decision.

In the worst case scenario, think long-term.

Namaste.
fredericlebrun
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Merci beaucoup , Bien Cordialement ,
AlanSantana
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@fredericlebrun, 😊🙏
Hghafur
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thank you so much Alan for sharing your insights and your knowledge. I appreciate it every day when I read them….
AlanSantana
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@Hghafur, Good to know. It is my pleasure to share.

Thanks for the support.
ErnieS
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You make my days better Alan with all your shared TA’s. Thank you for sharing everything.
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