Hi everyone. Currently, EOS is consolidating and waiting for the next movement.
I've been posting in both English and Korean and it is very Very VEry VERy VERY time-consuming.
so, please like and follow.
Comment
⋅
Comment
⋅
When BTC dropped towards the $6,500 area, EOS was one of the few alt-coins to best defend its price.
RSI shows that there were consolidating power in the market that stopped further drop in EOS.
I will share two major scenarios for upcoming week.
Things to consider:
1. at EOS Seoul meetup (Yay!!), there was an announcement regarding EOS's dawn 3.0 release before the first quarter. (Today is 31th of March, the last day of Q1). It's near.
Scenario A) will penetrate the short-term resistance at about $ 6.25 and complete the 3rd wave at around $ 8 (between Fib .618 and 786). Boom, Bom pow.
Scenario B) is the bullish three drive. (indicated in purple lines) .
which means EOS will likely to fall after the consolidation shown in blue lines.
Comment
⋅
Especially for those of you who understand Koreans check out my KOREAN TAs . contents may vary daily in between Eng and Kor TAs.