EOS the Shuttle-Mir after the Apollo disaster.
Opinion:
- EOS change in team.
- Exodus of toxic team members
- New project growth emphasis
- Mengel update
EOS is part of a very small club of 3. It has settled all disputes with the SEC and therefore not susceptible to a XRP like catastrophe. This alone places it up there with ETH and BTC as SEC shielded.
Sources:
www.sec.gov/news/press-release/2019-202
www.sec.gov/litigati...in/2019/33-10714.pdf
www.coindesk.com/mar...red-securities-sale/
Furthermore, the change in team and exit of the old team, makes this project very likely to grow in MsM support aswell as institutional and partnerships.
Quite frankly from a legal perspective it is the only project with the legal hurdles settled enough to rival ETH in company partnerships and adoption.
I am expecting great things and am convinced this is bottom for EOS . Long term it will reach over 100$ values, but for now due to the current macro economic sphere, TP'ing key levels is not a bad idea. Buying a huge bag here is also not a bad idea for the long run, but given the economy; risk scenarios are due in consideration.
#LONGTERMULTRABULLISH
Each level L1-L3 (S1-S3) and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's and L's these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
The Content in this TradingView Idea is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained within this idea constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
All Content on this idea post is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the idea/post constitutes professional and/or financial advice, nor does any information on the idea/post constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the idea/post before making any decisions based on such information.
- EOS change in team.
- Exodus of toxic team members
- New project growth emphasis
- Mengel update
EOS is part of a very small club of 3. It has settled all disputes with the SEC and therefore not susceptible to a XRP like catastrophe. This alone places it up there with ETH and BTC as SEC shielded.
Sources:
www.sec.gov/news/press-release/2019-202
www.sec.gov/litigati...in/2019/33-10714.pdf
www.coindesk.com/mar...red-securities-sale/
Furthermore, the change in team and exit of the old team, makes this project very likely to grow in MsM support aswell as institutional and partnerships.
Quite frankly from a legal perspective it is the only project with the legal hurdles settled enough to rival ETH in company partnerships and adoption.
I am expecting great things and am convinced this is bottom for EOS . Long term it will reach over 100$ values, but for now due to the current macro economic sphere, TP'ing key levels is not a bad idea. Buying a huge bag here is also not a bad idea for the long run, but given the economy; risk scenarios are due in consideration.
#LONGTERMULTRABULLISH
Each level L1-L3 (S1-S3) and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's and L's these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
The Content in this TradingView Idea is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained within this idea constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
All Content on this idea post is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the idea/post constitutes professional and/or financial advice, nor does any information on the idea/post constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the idea/post before making any decisions based on such information.
