As EOS has announced their staking program is going live there's a big chance the current uptrend will continue. I've bought EOS back in the day for 50 cents on Kraken, so after all these years, the current price of EOS at 6 dollar is still something we moonboys consider a bargain. The MoonTA is prospecting a very strong break-out. I am discussing this chart live...
I think the chart should be stretched out a bit longer. But i'm quite impatient, and the charts I make are to illustrate what I would like to see ofcourse. Besides that, normally I don't include multiple pivots in my forecasting and generally think it looks amateurish to do so. As I think that requires constant adjustment on every new candle, which is not...
I noticed the orderbook is very thin of maker so I dug a bit deeper and found out both uniswap and sushiswap have been doing a lot of swaps from eth to mkr. If you look at the volumes being traded and the liquidity that is actually there we might be heading to a shortage causing the uniswap pricing curve to go up in very bug jumps.
all pivot points fall outside...
