EOS (EOS/EUR) has broken out of the triangle pattern in the one-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, EOS began a wave one advance on July 1. The wave one finished later on the same day, and the wave two correction ended also on July 1. The wave three advance finished on July 3, and the wave four correction ended on July 4. If this wave count is correct, EOS should be heading next towards the July 3 peak in the wave five.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "EOS will takeout the July 3 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "EOS will drop below the July 1 low".
If you think EOS is in a range, upvote this post and upvote the comment "EOS will stay in a trading range between the July 1 low and the July 3 peak until August 4".
You can upvote the comment until 3 PM EST July 5 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.
EOS will drop below the July 1 low (9 voters as of 3 PM EST July 5: cm-steem, gregory-f, daniel.dalo, allmonitors, steem-buzz, flemingfarm, razorwave8, ragnaros, coolthings).
Given how there is more than 800m EOS still to release from the ICO throughout the year, the price will likely decrease.
I agree that it will be very hard to break above $10.
EOS will takeout the July 3 peak (29 voters as of 3 PM EST July 5: yefet, otisbrown, simonjay, lydon.sipe, dirty.hera, shiri, starline, themovieplace, komischername, thatsweeneyguy, poppy.poppers, damla, naseerbhat, steemychess, steemcollator, andy23, eirik, me-do, carlosdaniel, promoplugs, livyart, iamanoniam, toadslinger, deterrencepolicy, psilacetin, alexrickard86, lig007, mmikhail, igsamuel).
EOS will takeout the July 3 peak
This project looks promising
EOS will takeout the July 3 peak.
Will takeout, no doubts.
EOS will stay in a trading range between the July 1 low and the July 3 peak until August 4 (9 voters as of 3 PM EST July 5: me-tarzan, twinner, allyouneedtoknow, mirda, catena, spinbunny, mprgrmmr, dlina-v-metrah, miniature-tiger).
You won.
Great post this is.. EOS is going to MOON in next 15 days.. Must check this
https://steemit.com/eos/@durgeshg/don-t-miss-a-chance-to-become-a-millionaire-invest-to-eos
I must agree with you.
EOS WILL GO UPTO 2DOLLORS WITHIN 2MONTHS.....
EOS will takeout the July 3 peak @maarnio
Not sure
going 2
EOS will stay in a trading range between the July 1 low and the July 3 peak until August 4
whats on Aug 4 ?
Nothing special. Just one month from now.