Technical Analysis on EOS: Very Quick Update
EOS is looking more attractive. It's possible the ABC correction is complete. If so, we can expect an impulse wave up. In this quick video I discuss key support and resistance zones to watch, as well as possible buying opportunities I'm waiting for.
EOS Video Analysis:
Below you'll find screen shots from the above video. Please watch the video for much more detail.
Key Support/Resistance Zones:
1 Day MACD Possible Bullish Crossover:
1 Day RSI Testing Key Descending Resistance:
Targets for a break up OR break down:
BIAS:
Short Term: Neutral
Longterm: Bullish
I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Thanks for stopping by.
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FYI…I just started a Facebook and twitter page where I’ll post analysis, along with other relevant crypto data from myself and others. If you’d like to be notified as soon as updates reach Steemit, the twitter handle is @Workin2005 and the Facebook page is https://www.facebook.com/Workin2005/
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by Workin2005
Hey @workin3005! I am enjoying these Bitcoin and EOS technical analysis videos, but would like to request that you start doing some Steem/SBD episodes as weel (perhaps you could do three daily series of Bitcoin then EOS then Steem/SBD and then repeat that for a total of six days cycle. The reason is that, as I have mentioned, I have decided to use Bitcoin mainly as a HODL, but also to fund purchases of Steem every few months. @cryptopassion puts out some quality, regular Steem update posts, but there are video plus images, like yours now are, and his English is not native. I like the fact that you are a natvive English speaker and are now putting out this nice format with the video and images. AND that you post consistently. The consistently creates the feeling of having a longer term "coach". Plus, I can find and upvote you right through SteemFollower so that everyone wins. I need to go back and rewatch some of he excelletn DataDash YouTube videos I have downloaded, to explain all of these core analysis tools, but that is easier to do if I can apply that knowledge to someone's REGULAR posts. In summary, if you can add some Steem analysis episodes that would be valuable to me (personally). You're choice, of course...
Hey my friend. I'll take a look at Steem. The problem is, it takes time to research these coins and create quality videos. I'd have to spend all my time at the computer...which I just can't do. I've got too many other commitments. I've got to prioritize the videos I do if I'm to remain consistent..otherwise the quality will suffer.
That said, I'll take a look at Steem and try to put out a video in the next coupe days. I might do more detailed videos on BTC and then shorter videos on other coins like Steem. Still trying to find the best, most consistent way to please the most people. It's not easy...but I appreciate your support and will do my best. Thanks for the feedback @transcript-junky.
Posted STEEM analysis here:
https://steemit.com/steem/@workin2005/technical-analysis-on-steem-waiting-for-a-breakout
upvote for me please? https://steemit.com/news/@bible.com/6h36cq