DrJLT
Short

EOS critical level, will go lower (H&S)

BITFINEX:EOSUSD   EOS / Dollar
EOS has been weak since altcoins have become weak.

Like most altcoins, it has a confirmed H&S pattern & impending death cross. Unlike many, however, EOS is quite strong in that it's ABOVE 200D still.

I suspect tomorrow it'll go under 200D & $3.9 will be a 1st target, even though $1.3 may be the final target for me.

This is because one thing leads to another.

Apr 02
Comment: eos quite strong these days, but still can't go over the resistance (thick red).

my guess is that people are making the wrong assumptions: that the eos team is selling eth doesn't mean they're using their own money to pump eos. you have to remember that they do ico to raise $ not their own coins (which they made out of thin air in the billions).
any updates, gunna hit the trend line today
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DrJLT majorlee
@majorlee, no update really. not particularly bearish on EOS but more so on ETH.
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@DrJLT, thx for quick reply, yeah EOS is looking so strong right now
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how low on btc price do u think?
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DrJLT majorlee
@majorlee, i have another btc post
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@DrJLT, for EOS/BTC?
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magic thanks, got in on the last dip but sold as thought would go down with btc again

wanting best entry on this, thanks for the chart and ideas
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Good call :p
+2 Reply
lol 1.3 usd good luck w that.
+2 Reply
nice thanks man, didnt see the H&S :)
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