VincePrince
Long

EOSUSD - Huge bull-cycle, do the years of profit come?!

BITFINEX:EOSUSD   EOS / Dollar
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Hello traders investors and community. This is an update analysis on my past middle-term analysis of EOSUSD , i wanted to update with an long-term analysis,
now the day has come! We are looking on the daily timeframe and can see that EOSUSD is in an clear cycle, it gained unbelivable 450 % in the last month.
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Now in my chart you can see that EOSUSD made a clear first bull-cycle with clear corrections and impulse waves, you can see it marked in the box,after the
first cycle EOSUSD made an abc correction and formed the first correction wave of the whole cycle which you can see in the box 2, marked with the red
number. These where the first steps of EOSUSD and how i expect just the beginning. We are currently trading in the third major cycle which you can
see marked with the big green box and the number "3", we completed the first minor wave of the major wave three and completing correction now.
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Also we can see, what is very important, that EOSUSD formed an upper trend-line which EOSUSD hit three times before going down and forming the abc-cor-
rection, you can see the trend-line marked with blue in my chart. There is also a second trend-line formed at the major bottoms in the past, this is very
important! Because as you can see EOSUSD made a major move to the down-side after touching the upper trend-line three times, now i am expecting
the opposite, a huge move to the upside, after EOSUSD is ready to go higher!
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You can see that EOSUSD is consolidating between the range of 3.4 - 8.6, there is also a triangle forming which upper trend-line is origin of the first minor
the top of B in the abc-correction and the top of the last bull-move formed the months ago. The next months i am expecting a consolidation in this
triangle before moving higher! When this pattern complete the target of 37 USD is intact, this would be a new all time high for EOSUSD , after this
i expect a consolidation above the top before moving higher.
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For me EOSUSD is a top coin which i holding in my portfolio and bought again for the LONG-RUN. It has a good project and foundation and just made baby-
steps in the past, i am expecting much more in the future!
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Okay hopefully you enjoyed this analysis! You can support me for further high quality market insight, i am doing every analysis as clear and understandable
as possible and do not spread unrealistic approaches! So see you soon!
This is only educational and should not used to take action in markets!
May all happiness and luck come to you friends! Have a good day!
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Comment: Scroll to the right to see the full analysis!
Comment: The proportion of the writings is a little bit squeezed but everybody should understand what is meant.
Comment:
Comment: https://eos.io/
Comment: Thanks for everybody who supports my work! You are the best!
I'm searching for answers to the price action of our favorite token and happened on your work, so detailed and makes so much sense. EOS is today trading for 3.49-3.54, in a tight triangle that seemingly is holding us down. I will follow your work, this has been a hard one to remain faithful to, yet I haven't sold and plan to hold for at least a couple more years. Looking forward to your updates, thank you for your insights!
+1 Reply
Very comprehensive!
+1 Reply
Love it
+1 Reply
Great work! So much information
+1 Reply
VincePrince Yuriy_Bishko
@Yuriy_Bishko, Thanks
Reply
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