Why I got out of EOS at $8.50 Hi All
I just closed my swing trade position as I am expecting a sell-off might happen in the coming week to test some supports at 7.80-7.10 and maybe 6.85
Please watch the video and if you like what you saw please click LIKE and follow my account
Also see my previous videos
EOS
BTCUSD Testing 2017 Trendline; But EOS Already Bullish?Traders, welcome to our new video update. This time on BTCUSD and EOS.
I know that BTC made a very deep pullback, but this 2017 trendlien can be very important, so watch out for a reaction around it. If broken, we can see a fall to 4k, but if holds then upside potential can also be very nice.
So now when BTC is at "do or die" level here around 6k-6.5k, it can be a time to look at some Alt coins. I checked EOS which actually has a very nice potential bullish developments based on MACD and EW structure.
Take care!
GH
EOS to $32 before August Hidden Bullish divergence on EOS Goes back to October 9 when it was at $0.4
Went from 0.4 to 3.8 yesterday when I did the analysis and THATS a 850% growth.
Now a divergence indicates that we add the same growth from our $3.8 of yesterday. THAT brings us to at LEAST $32 for EOS !!!! ITS F... HUGE !!!!!!
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New Classification in August for Coin market top 10 coins :
Bitcoin : 192 739 742 846
BCC: 91 365 696 027
ETH : 64 444 363 336
Ripple: 34 474 091 549
EOS: 28 060 898 695
LTC: 19 992 906 946
Stellar: 16 945 359 425
NEO: 5 437 494 400
Like I explained yesterday in a video, I was trying to quickly analyse each of the top ten coins in order to know what the general market cap was going to do...
I ended up with a new classification.
I didn't spend a long time and explanations about how I got to this new one and how I calculate the growth of each coins. I basically used divergences.
I explain a little bit more in this video.
Now, here are the growth I found for the coins :
ETH 465 to 650 -> 39.78% (Before August)
BTC : 7500 to 11 500 -> 53.33 % (Before August)
Ripple .54 to .84 -> 55% (Before August)
NEO : 50 to 80 -> 60% (Before August
Bitcoin cash 250 to 900 => 260% (Before August)
STELLAR 0.030 to 0.17 => 450% (Before august)
EOS : 1.8 to 3.8 => 111% Before July / 0.4 to 3.8 => 850% Before September