Comment your opinion below
I check who upvotes my posts daily and reward those who do! You pat my back I'll pat yours!
If you would like me to take a look at any other coin in particular, let me know in the comments below and I'll try and see what I can work up:-)
- Keep in mind alot of the market is watching Bitcoin to make it's next move, ALTS in general are crazy volatile atm
- What stands out most is EOS has re-entered it's accumulation zone that was seen before the last run up. The bottom of the level also serves as the .382 fib level so one to watch for sure. 51.5K Satoshis
- Also note the steady decline in RSI with the Stoch RSI falling to break out of the 20 barrier. This shows constant manipulation of driving prices lower.
- Additionally the 1D RSI is at it's historic low and definitely over sold.
- The next levels to watch are both the RSI and Stoch RSI rising above the 20 level along with the MACD form a strong crossing. If proper volume supports these rises, then watch for the MACD to cross the halfway point, as this has been one of the best indicators
My Next Target
As mentioned above, alot will depend on what bitcoin wants to do. That said, The next levels to watch are both the RSI and Stoch RSI rising above the 20 level along with the MACD form a strong crossing. If proper volume supports these rises, then watch for the MACD to cross the halfway point, as this has been one of the best indicators
Upcoming News/Events to look out for:
- Brendan Blumer (EOS founder) will be presenting at the Token 2049 event in Hong Kong, March 20th-21st
- Block.One CTO, Dan Larimer is giving an "Intro to Blockchain" lecture at Virginia Tech, March 20th
- EOS Dawn 3.0, Latest March 31st
- EOS.IO Hong Kong meetup, April 6th
- Registered ERC-20 tokens will be freezed and converted into real EOS tokens on the EOS blockchain, June 1st
- We are excited to announce EOSfinex - a high-performance, decentralized exchange to be built on EOS.IO, Within 2018 year
Can you zoom out of the Trading View graph so you can see the price from the beginning until now... is this a giant cup and handle?
The first picture has the chart form the begining and I dont see a Cup and Handle, but one was formed from October to November that brought us to current levels. Thanks for the comment:-)
Hmm I found it here:
https://steemit.com/eos/@erodriguezc11/eosbtc-masivo-cup-and-handle-en-formacion-escalonando-una-entrada
I don't speak Spanish and I have no clue about TA but I have read several times that it can break out and bring the price of EOS way higher.
EDIT:
I think the difference in the graphs is because the picture in the linked article is from Bitfinex. I'm not sure when Binance(?) listed EOS...