Posted a quick one .. and as Mr Murphys Law holds ..price keeps inching sideways, its pushed thru at pretty close to the pointie bit but instead of up .. screeeech ! Slideways :(
This is interesting ..its either a death-by-zero-vigour or a big jump the longer it remains horizontal
Look for volume jumps and be calm is the game for a few days now
I'm sensing a big jump, a lot of coins are up 20% and investors are going to start looking for alt coins with that sideway movement. The longer the sideway movement the bigger the jump.
Wondering if the EOS daily dose of new coins is kind of continually suppressing the the price, an over supply of coin. When they stop the daily issuence that'll probably read like a mexican fireworks instruction;
"Light blue touch paper and stand well clear.
Shoot flaming balls and loud reports"
but thats a fair way in the future.
:D
Its broken the upper threshold now :)
Zoom out on the 1 or 2hr EOSUSD chart.. theres a monster equilateral triangle.. now it has a leg sticking out. The leg up should have a pullback then the textbooks point to about a $2.40 target zone.
Cheers man :) Ive biffed myself in the deep-end with this wee proof-on-concept, it was a lot of fun building and getting right. Want to expand it as there is real worth in mining thats for sure.
I'd love to see more price analysis from you on this topic. Maybe throw a post up and draw out your pennant?
I'd follow you for that.
Edit- Nvm, followed you anyway for the cool watercooling pic.
Thanks, If I have the time I will make a more visual analysis explaining why the price has nowhere to go but up.
Posted a quick one .. and as Mr Murphys Law holds ..price keeps inching sideways, its pushed thru at pretty close to the pointie bit but instead of up .. screeeech ! Slideways :(
This is interesting ..its either a death-by-zero-vigour or a big jump the longer it remains horizontal
Look for volume jumps and be calm is the game for a few days now
I'm sensing a big jump, a lot of coins are up 20% and investors are going to start looking for alt coins with that sideway movement. The longer the sideway movement the bigger the jump.
Finally .. bottomed a moment ago :)
I saw, that's good news
Wondering if the EOS daily dose of new coins is kind of continually suppressing the the price, an over supply of coin. When they stop the daily issuence that'll probably read like a mexican fireworks instruction;
"Light blue touch paper and stand well clear.
Shoot flaming balls and loud reports"
but thats a fair way in the future.
:D
Thanks! $2.10 easily within the next 30 days.
Its broken the upper threshold now :)
Zoom out on the 1 or 2hr EOSUSD chart.. theres a monster equilateral triangle.. now it has a leg sticking out. The leg up should have a pullback then the textbooks point to about a $2.40 target zone.
Watercooling pic is awesome, very nice I'm also following @theboogie
Cheers man :) Ive biffed myself in the deep-end with this wee proof-on-concept, it was a lot of fun building and getting right. Want to expand it as there is real worth in mining thats for sure.
Oh absolutely, you have to think long term.