EOSUSD is set to play catchup with other cryptocurrency pairs such as Bitcoin, Ethereum and Litecoin as price action builds a nice base. I expect that buyers will get more active with a move up through the 5.050 zone so watching to see how sellers react up at the level. The stage is set...just watching for the action to kick off.
My favorite thing about EOS is that the CEO himself called the project a major disappointment. Well that's what happens when any company runs an IPO/ICO based on empty promises and hot air.
monoamin
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I feel that's exactly the issue with EOS. The product itself is like a ghost town, everytime there's a bullish setup, people buy in too high and people from that same setup one cycle before sell their bags, there's a bearish period again, the new buyers are stuck with bags, and the cycle repeats anew.
TradeTheStructure
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@monoamin, Thats basic trading in a nutshell...fomo forcing traders in too late...I like to say...'Buy in the unknown and Sell in the Known'..ie buy when its uncomfortable with good risk management before the herd and then sell to the herd in the known...should do a video on the topic
kimstandgraph
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Amazing idea
AmirKarami1989
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tnx
UnknownUnicorn2413721
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Have not looked at EOSUSD but EOS is NOT HODL material. Although widely distributed on world exchanges, EOS is a dead blockchain. Make your trade and money and move to safe haven cryptos like Bitcoin and Ethereum unless you are a trader able to trade trashcans.