I must admit, i've never seen anything so bullish. EOS.

Hello Traders,

I have been looking at EOS today after the retrace did not even touch cleanly on the 0.382 fib and have never seen anything so bullish .

Literally no bearish diveregence anywhere in the RSI like most other coins right now, instead I have seen a big slab of bullish divergence and EOS appears to be in a rising wedge looking to break $18.65 resistance which was the top of the last EW sequence.

I have to therefore assume EOS is on a mission to space.

Bullish divergence on the RSI with plenty of room to move up in a rising wedge with support from the 50 EMA coupled with EOS main net launch its just showing no signs of stopping.

Here is a projected target for this wave up.
Comment: Here is the rising wedge holding steady.
Comment: Not financial advice.
Comment: Just so you can appreciate the scale of bullish divergence here is another pic.
Comment: Here is the MACD indicator. It looks like its been emptied and does not want to go any lower. Ready for launch.
Comment: We are forming a support here. Volume is increasing.
Comment: I think I can spot a fractal forming.
Comment: wrong pic. here is another one.
Comment: I am spotting bullish divergence on the 1 hr.
Comment: actually ignore that div. im just looking for anything that makes eos look bullish at the moment and that pic above is nothing.
Comment: I have to say EOS really does look strong. Even with BTC dumping at the moment support for EOS is good and EOS-BTC pair up 5%. In fact looks like one of the few coins that are still in the green against BTC drop.


I've been watching all the guys summizing on their charts to no avail. I knew a week ago this wasn't gonna be a simple theoretical down turn with a few weeks till launch. . Today's total resistance at $17.30 proves theres a solid base here and i hope we haven't missed a rebuy at that . I knew at the moment it hit 15.90 i should have gone all they way back in but couldn't believe it hit that so quickly and was waiting for 15,whooops ha ha . I also made the mistake of looking at some ridiculous charts showing 13 and 11 on the 9th hoping for a bigger cherry to bite on , mental to hope for that with eos right now ..

Thanks for the time and effort on here tho cryptodisco appreciate it ..
Here we go !!
+3 Reply
bbjansen ChrisBrackpool
@ChrisBrackpool, Same. I watched it drop into the low 16's twice and didn't buy, thinking it would enter the 11-14 zone. After six days watching from the sidelines waiting to buy in, I got back in this morning at 16.9. I think we will not see it much lower the coming few days.
Triplicity ChrisBrackpool
@ChrisBrackpool, I did the exact same thing... rode LTC up awhile waiting for 15.00 too. And yes many charts calling for 12.00 to 8.00.
yes its bullish
+2 Reply
cryptodisco ForexCryptoA
@ForexCryptoA, I never thought the day would come where I would hear you say those words. :-)
ForexCryptoA cryptodisco
@cryptodisco, i call spade a spade, but if btc dies it dies with it
+1 Reply
Jrdelane ForexCryptoA
@ForexCryptoA, I think EOS has mostly decoupled from BTC, as witness by the 350% move from 6 to $22.5 in what, a week? BTC ain't dyin;, nor is EOS going to be a puppy looking for leadership from BTC anymore. My earliest buys of EOS were at $$0.52, and so if EOS has risen that much as compared to BTC which I traded from to get it, it's not parroting the pace of BTC growth. No worries.
+4 Reply
jkrak Jrdelane
@Jrdelane, I hope it remains decoupled from BTC.
+1 Reply
@jkrak, EOS is on its own, has been growing at fastest pace of any I'd say. I feel fortunate to have fallen for it big early, it's 85% of my crypto investment with a very low basis. I couldn't believe it fell to $4 and stayed between 5-6 back in March, what were people thinking selling there? Fear is real, and on the upside, FOMO is what we call it. Patient investors with a good discipline can make huge multiples on their money at this game. Are you watching @Haejin on Steemit? If not, follow him, he's amazing at his accuracy and targets. Two others I have been buying with good results have been APPC and ZRX. good luck!
now we're talking! cheers :)
+1 Reply
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