TradingView
Familio
Aug 5, 2020 11:22 AM

EOS Looks to break 1 Year Long Trendline Long

EOS / DollarBitfinex

Description

Let's not forget that EOS is one of the TOP Blockchain platforms in the market ( if not the BEST). The EOS chart looks very promising and it has 3 major touchpoints in the long trend line from July 2019. Currently, it is trading in the range of .038 Fibonacci and has a potential to 0.78 Fib ( US$ 4-4.20 ). What drives coins is the Volume. EOS trading volume is currently 6-8th in coin market place. Overall EOS has more potential for upwards considering it has not been pumped hard in this altcoin season.

Note: Please note it is not investment advice, do your own due diligence.

Comment

Hope you Enjoy Profits!!!
Comments
khodnevis
eos showing weakness compare to other altcoins,it droped 27 percent and i see there is extra sell pressure which means it doesnt want to go up, maybe more accumulation on 2.75-285 area and hopefully we could see a nice breakout
Familio
@khodnevis, true EOS is not performing well as other altcoins but it has its own time. For me, the big thing in crypto is volume and EOS has decent volume. It can be little push back but I breakout will be for sure. EOS is probably waiting for 15th of August when they are going to launch Voice on their platform decrypt.co/34598/crypto-social-media-platform-voice-finally-launches-on-eos
khodnevis
@Familio,thanks for your consideration
More