EOS, one of the strongest coins lately! Nice trading oppurtunity

Has been forming a big triangle the last couple of weeks. Breakout can be both ways, all depends on Bitcoin ofcourse. But this coin has outperformed Bitcoin very much lately.
Comment: Not looking good, in theory it could drop to 10 or even below, but that would mean that Bitcoin would have to drop below the 9K probably. That's all easier said than done. Lets see if it can break this little flag, upwards or down. 13 is a good support level, for the bulls it has to stay above it

Comment: And again, not looking good. It dropped out of that triangle, made a double bottom there, but it's a weakness that it was not even able to retest the former support level. I have shorted it at 13.70 with a stop at 14.50
Comment: I have closed my short positions, could be going up from here again. Unless Bitcoin makes another big crash
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a b c d e down
Downside break is painful. Hope that $13 support holds.
MrNarmerk rektkid
@rektkid, if it doesn't hold , buy more!
botje11 rektkid
@rektkid, Yes it is very painfull for the ones who are long on EOS. IF BTC goes up again, it will probably outperform it again, but things are not looking all that good now.
I bought a bunch of EOS on the 18th and I don't plan on selling anytime soon. EOS is the future of crypto!! Get in now boys!!!
What coin do you think will be the most important in 5 years?
+2 Reply
Dimego pagenlsn
@pagenlsn, So hard to say... With the introduction of government digital currencies, everything could change... Will Blockchain even be the technology that underpins cryptocurrencies? Maybe it will be Hashgraph (can transact heaps faster than VISA etc., where BTC is slow AF...) or some other method of distributed ledger? Will the concept of a decentralised distrubuted ledger be diluted by other forms of digital currency and regulatory influence?

That said, I do like EOS, Safex (hodling), LTC, Ethereum (Smart contracts have so many uses), NEO, Digibyte... So many coins with the potential to get some real traction if the masses decide to really accept one of them...
@Dimego, eos team announce several thousand tansactions per sec for the release of their mainnet, potentially hundreds of thousands in few months, will be more than enought for now ... I see them taking over the cardano's hype, since pretty much everything this last coin promise will be embeded in eos right from the start
+1 Reply
MaxL82 nicolas.papon
@nicolas.papon, They just released Dawn 3.0 alpha version.
To me currently this is one of the best projects out there, even far above Cardano which promises a lot but...
+1 Reply
CryptoScarf pagenlsn
@pagenlsn, Future of crypto? dafaq??
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