c00face

Easy Money, EOS. The long term play.

BITFINEX:EOSUSD   EOS / Dollar
I believe ALT season is getting closer upon. You can tell by how much most ALTS are starting to diverge from BTC price action. When BTC dumps, ALTs will either stay sideways and when BTC pumps, they make bigger gains.

This is the first clear sign of a possible bottom for ALTs. So lets talk about EOS.

What is the best buy entry for EOS? When price close/open above the 10 SMA weekly (orange line.)

That is it folks. Trading made simple and max profit gains. Keep in mind, this is for the EOS/USD pair, NOT EOS/BTC.
I think alts will be dumped more hard in coming months.... Btc possible 7400 or even low.. Let's see
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c00face Jollymolly
@Jollymolly, this long consolidation is consider bullish because it has been ranging sideways for months. if btc was going to make a lower low it would of done it already. anything below 9k at this point is just speculation and shouldn't be part of trading until we close a candle below it. there's too many strong support around the 20 SMA weekly and 21 EMA weekly. to say btc will go down to 7,400 is not as likely as you think, although nothing is impossible. but the probability of it going to 7,400 isn't high.
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Jollymolly c00face
@c00face, daily 200 sma is now close to 7900.. Will likely kiss it or 7400 then up
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