EOS Analysis: Target $18+.....find out the whys and hows in this analysis!
SUMMARY
Nope, I'm not crazy and don't care what others say that EOS isn't a real coin and how Dan Larimer supposedly said that EOS coin will become worthless....I only look at TA because TA begets the fundamentals and not the other way around. See the details of EOS analysis in this video!
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: 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.
Interesting as EOS will not exist in its current form after the middle of 2018. This in itself could be bullish as a lot of EOS is likely to be lost as people struggle to convert to new tokens.
You estimate wave 5 by Mar 2018? Or timing isn't the big picture here. Is the big picture to expect this pattern to show up at some point over next year?
For now, yes, but the timing of Wave V top is subject to change as new price data come in.
Yes agree with you.
"Wave 2 can not go below wave 1"
It hasn't by sub pennies.
Please share with me why you like EOS so much. In a much earlier post you mentioned something about it would be a great reward in the future. In your beer wallet you have EOS.
https://steemit.com/bitcoin/@haejin/eos-update-why-i-like-eos
What happens if the price drops below the beginning of the Wave 1? What would be the correct count in this case?
It would most likely be an ABC. So, what happens after an ABC correction? A reversal in trend that in this case that'll be up. So, a different count, but same reversal of direction. Lower low would be better buys given the reversal outcome expected.