Explains on chart. Would go long but my ledger doesn't support EOS! Think its a great project and a potential rival to ETH.
DISCLAIMER(1): AS OF 08/02/2020 ALL PUBLICATIONS & SPECULATION ON MARKET CONDITIONS IS STRICTLY FORWARD-THINKING CONJECTURE & OPINION BASED ON MY OWN RESEARCH & EXPERIENCE FOREX TRADING CRYPTO; LET ME BE PERFECTLY CLEAR ABOUT THE PRECARIOUSNESS OF THIS SITUATION: I CANNOT HODL/TRADE/GIVE MY $0.02 ON ANYTHING PERTAINING TO REGULATORY PROPOSALS AND POLICY...
Building positions on ETH pairs slowly... this dump of the weekend on the $ pairs is just an rebalancing of the market... The dollar index gets his bearish retest. after the dust is settle down the whole market wil explode.
long because of H&S pattern which needs some more completion.
1 year or so more. The hardest part of the decline seems done though.
EOS/ETH -the price keeps respecting descending trendline of support -but based on the left side history -the next key support is located -20% down more -which coincide with two key factors; the swing Low support & Fib 0.786 -I'll update the chart if every see reach the target area below
wait for a break out. EOS could outperform ETH while market on a bull run.
EOSETH, H4: Buy on H4. EOSETH, H4 - Structure: Downtrend - Tendency: Upward - Minor trend: Change of trend => BUY ( pullback) PLAN: as picture - Buy: 0.011508 - Stoploss: 0.011089 - Take profit: 0.012533
EOSETH, H4 - Structure: Downtrend - Tendency: Upward - Minor trend: Change of trend => BUY ( pullback) PLAN: as picture - Buy: 0.011508 - Stoploss: 0.011089 - Take profit: 0.012533
EOS/ETH is approaching a price level for the first time in over two years. The yellow shaded area in march/april 2018 represents the imbalance of supply and demand because demand exceeded supply in a big way - price rose from 0.008 all the way to the high of 0.034. The chart tells me there are more buy orders than sell orders at that price level. My low-risk...
EOSETH shows bullish divergence at the daily timeframe
Big red candle after equilibrium for EOS, A close over 0.02 ETH at end of decemeber will be strongly bullish for EOS. Untill there Ethereum will perform better. BIO
First publish chart, just messing around and seeing if the EOS/ETH cup and handle plays out the way I think it will. EOS is about to explode vs ETH.