Currently entering a vertical parabolic blow-off zone after a 350% 30-day (USD) gain (BTC equivalent similar) which saw new ATH's created.
From here the rest is uncharted territory and the next logical support is only after a 25% drop, buy volume is still good though.
In 30 days is the token swap and hopefully, the mainnet/launch will be successful. But this allows plenty time for a retracement and hopefully some bid fills before the next leg-up.
I have been trying to minimise risk on ERC-20 tokens simply due to the regulatory worries around ICO's and any negative news on the Ethereum platform will affect the projects which run on it.
From here the rest is uncharted territory and the next logical support is only after a 25% drop, buy volume is still good though.
In 30 days is the token swap and hopefully, the mainnet/launch will be successful. But this allows plenty time for a retracement and hopefully some bid fills before the next leg-up.
I have been trying to minimise risk on ERC-20 tokens simply due to the regulatory worries around ICO's and any negative news on the Ethereum platform will affect the projects which run on it.
Comment:
If EOS dips to the equivalent support on the BTC chart (even if the USD value increases) I will aim to re-buy more prior to the token swap.
Comment:
Thought we would see a little bit more upside, but I think the advance will be broken when the daily closes.
With a "launch" around 30 days away, I am confident this run will continue.
With a "launch" around 30 days away, I am confident this run will continue.
Trade active:
EOS suffered a ~45% dip from its ATH, now long on the BTC pair (binance) from low 18k's.