Ha, you thought, i was gone and forgotten. Hell no. We just getting started :)
So here we go, another report since JULY lol, damn guys, i have enter the blackhole of blockchain game development and metaverses.
You can learn more on twitter at: twitter.com
So yeah, if anyone still even remember me, i am one man army lol having fun and getting by with the code...
Please see my alternative analysis for EOS which is a potential Cup and Handle Formation. It gives very similar targets to my previous analysis using the Holochain fractal overlay which can be viewed on my other posts. Both of my analysis result in EOS between $150-$200 during this year. It could be a very good time to buy to EOS now. I truly believe EOS will do...
I just had a look at the total crypto-market capitalization, the technical picture calls for one more bounce into Apr/18+:
With a crash into June/12, before final run-up into 2023/Apr-May
EOS had a massive blow off top and has shown nothing but weakness since then. It has also falling out of its multi year uptrend. Currently sitting on support at $1.36. Slightly outside of the bollanger bands, and oversold, which could mean a dead cat bounce to the top of the long term trend line at around $2.00, if it holds.
If not, next level to look out for is...
Sounds reasonable to Long it here (2X taking into account the worst possible case and another probable dip toward 1.28) - if BTC is going to meet somewhere in between 26 - 30 K (15 - 20% dip) then it would be to long EOS from here leveraged at 2X, and another one at 1.28 by 4 - 5X toward 6.66 USD.
- Since 01 Apr 18, all the way down toward 1.82 USD on 01 Feb 22,...
Confluence : Higher timeframe bearish.Expecting an retracement before touching last weekly resistence. If we met an resistence in 1.859 before an retrace setup will be High risk. Still now price can possibly to retrace 50-61.8 fib extention levels on 2.110,,Then look of an sell opertunity. thanks..