EOS Update: Hunting for its BOTTOM!

in #bitcoin7 years ago

SUMMARY
I present multiple scenarios using chart patterns for a potential EOS bottom scenario. I believe EOS will continue following Bitcoin UP! Full details in the video analysis.


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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.

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Unless something major is announced I think its gonna be hard to go up a lot, because of the massive continued inflation by the daily ico..

Im not sure if you can call it inflation. There are 1B coins and thats known to everyone. Its just how they are distributed.

I see what you are saying im just not sure we can call it inflation :)

The keyword is the "daily ico". Inflation is no big deal. How it is inflated puts downward pressure on price. If the price is cheaper in the market not many join the ICO from that point. When the ICO price is cheaper, the tokens are immediately sold on the market for a higher price. That doesn't give any incentives for price growth in any way. Before the end of next year we may even see $20+ price for EOS. But I don't think we'll see much of price increase for the next few months.

I Bought EOS around 61 cents and sold at 72. If it goes near 60 again, then I'll buy.

Thanks for the EOS update .... this is my focus investment over the next year ... If you can, please chart DCR.

Congrats on breaking the 1000 followers resistance line ;)

And thankyou for all your hard work and sharing of knowledge, i wish you peace and good fortune my friend!

I truly believe in the capabilities of EOS, but I think they really screwed up the ICO... every day for about a year more, inflation will continue, capping the possible growth the coin could do otherwise.

Sentiment can overcome any fundamental

Thanks for these videos, again Haejin!

Would you do one for Stratis too please? I'm curious if you see any positivity in it!

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