smb2222
Long

EOS/USD TextBook Correction

BITFINEX:EOSUSD   EOS / Dollar
EOS is displaying some unbelievable strength. It was just slightly down today even during the BTC dump. I believe it's because it has finished it's correction, as long as BTC stabilizes.

Also, if you zoom in you will see this last bounce after the 5 wave impulse down, you will see a text book impulse up which usually means a change in trend

You can't get much better than this when it comes to Elliott Wave . Even if this isn't the low, EW gives you good areas to start laddering. I know I will
I think we are in c wave for 4 now, there will be next drop for wave 5.
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Hi there, thanks for the EOS EW stuff, hard to find EW stuff on a lot of good projects.

Was wondering what your thoughts were on APPC.
Do you think it still has to go lower? I can't work out if we are currently in wave 4 before we make one more move down into wave 5 (which would be C of ABC), or if it's already hit the bottom. If you had a few minutes to take a look and gimme your thoughts that would be great.
Thanks again, following.
+1 Reply
smb2222 kitkat16
@kitkat16, Hey kitkat...thanks for the comments....i think EOS is one of the best alt coin investments today, even though they don't have a working product yet. It's because of Dan L's track record of designing 2 of the most successful projects to date (Bitshares-Steemit). With his knowledge, and the money that he has received, I feel this is a great project that has huge potential as well. I'll take a look at AppCoins and post my count soon :-)
+1 Reply
@smb2222, Hi, Dan and his family are a gift to our community. I was lucky enough to get into BTS when it was under 5 cents last year. I even vaguely remember hearing/reading that if it was required, they might actually merge EOS and Bitshares into one company- talk about a juggernaught.
Thanks for the help with APPC! Much appreciated!
Reply
smb2222 kitkat16
@kitkat16, Totally agree Kat...it will be an interesting year once the markets find some footing...here's my take on APPS...it looks more like a large ABCDE Triangle and is near the end or apex IMHO...I don't invest in or know much about APPS, but if you believe in the team and it's technology, then i would already be buying at this point, and leaving extra cash for even lower lows if BTC really takes a dive...but it looks good to me as starting to nibble on it...hope this helps..let me know if you have any other questions

+1 Reply
@smb2222, very much appreciated. I guess it's making a cup, albeit very slowly :)
Thanks again for your help!
+1 Reply
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