Eos show us what you made of!! I am ready for excitement ..
Eos seems like readying for another jump towards 3rd. target anywhere in that box. Higher is the better of course ... In order for this to happen bitcoin also needs to play nice as well(***this idea is invalid if Btc nosedives***). Eos/btc pair is also getting stronger every day passing by. Most important thing is overall market stable again. Pointed important areas to watch on the chart itself. Sudden volume spike is expected and it is must for breakout. However we may correct slightly first then go to target as well.But I can also clearly see double bottom on 240 min chart(this is usually reliable sign).You should always expect sudden moves either way. Lets see how our puzzle will unfold this time :)
Comment:
Last night we did touch the target very slightly. However I was expecting at least 3.1 touch town( bitfinex did $3.2). Well we are again consolidating and down to $2.6 once more(bitcoin did not help us as well.mega bart and same stop loss hunt). Again another panic selling situation. Sadly again people fallen to bear trap once more :) You just don't know it yet but you will know why soon enough :) Confidence is the key! Some people just looking for stop loss-market sell orders for maximizing profit.I don't know about you and panicking in recovering bear market not so logical. Drops like this expected. But recovery will even be better on the long run. If you try to make gains by constantly shorting the market you will most likely fail. It is not the right time to do that unless you are doing very small amounts. Just make a decision and stick with it!This market is not as scary as it appears to be!!
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Last update this chart. Now Eos set minimum base at $2.5 range. Does not like to go down anymore at this moment. Bitcoin's local bottom also has been set to 3700. Accumulation for second wave almost set to go. Simple good old bitcoin strategy setting it up for $4500-5000 range. From this point I expect eos to reach or exceed 3. target once more. Good %20 gain expected.