EOS: A Higher Resolution View
SUMMARY
While it would seem expectant for EOS to carve out a nice and simple abc correction as shown below, by now we all know that Altcoin corrections are nothing but simple. The below chart can complete but it looks too quick.
Subwaves almost always help better elucidate the progression and the below shows how the final C wave could traverse. However, I would not be surprised by more and extended lateral move after the last wave 5 is complete.
I believe the correction is better represented as below in that while the lower low can be tagged, the correction end point could be not until well into February. However, with $7.7 Bil in market Cap, EOS could soon adopt the behavior of BTC or the traits of the bigger coins which like Bitcoin doesn't express the Hurry Up & Wait as much. It would be interesting if such morphs can be observed.
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
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Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
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Once EOS really launches...we will see what vertical price movement looks like!
agree, been in since the early days
EOS is a great long term hold. It's a must have, and its ICO implementation platform is genius. You want to know why, simply ask.
why
My apologies for this late response. I still haven't fully figured out Steemit totally. Well, because it helps eliminate whales from buying up a very large portion in a short period of time, then dumping it on the exchange for a high price, driving the price down, only to buy back much cheaper, doubling and even tripling there original holdings.
Now, more than 1 whale perform can perform this technique. At least with a 1 year ICO, they cannot perform such a thing. They cannot manipulate the price as easily. That is why...
EOS hasn't done much
I see a triangle and a pump imminent... its been testing that $15, maybe this time will be the time. Would love to see EOS in the 20's with a $30 hit but simply stabilize and consolidate in the 20s till the summer.
https://steemit.com/eos/@daverex/eos-to-pop-up-100-time-to-buy
The analysis should be a joke. 😂 In all honesty, you have a positive attitude from 10 EOS analyzes. And of the 10 analyzes, few were even close enough. Sorry but 👎🏻
Not sure about you but I bought on the last dip at$8 and sold at $14. Made out with a hefty profit of 40%. Curious if you are a hater or a troll. I've made 10 of thousands on various analysis from this gentleman.
Good luck ignorant troll 😂😂😂
haejin called the bottom at 45 cents something. check it out.
Correctly. Absolutely nonsense. Would have to be banned.
Quite informative and educative from @haejin
new's cryptos and news horizons
Please check the new coin Telcoin!! High potential!!
https://steemit.com/steem/@gregor82/new-coins-on-the-blog-part-2-telcoin-hype-or-real
Yeah pretty simple and predictable analysis. I agree with your analysis. Drop is coming in EOS too.
Not feeling EOS. Seems to be taking too long to 'really lauch'. I would rather stick with ETH LTC PPT and VERI.