Top 10 Cryptocurrency Analysis 10-14-18: Buy Signal for EOS!

Hey guys, the market is currently down, however this can call for some buy opportunities, such as the one we have today! Based on my indicators there is a good buy opportunity for EOS right now as all the signals point to it! Let's take a look at how the market is doing this week...

Note: We will now only include the cryptocurrencies that we have full sentiment data for as some of the data is missing from Cryptocompare.

Past Positions:

Cardano

Date Position Opened - Date Position Closed: Buy Price/Sold Price/Return
3/31/18 - 4/13/18: $0.158231/$0.198448/125%
4/10/18 - 4/13/18: $0.156493/$0.198448/127%

Here is my analysis of the top 10 cryptocurrencies as of 10/14/18
(All chart times are in UTC time, the RSI is based on the closing price of the previous day and the RSI projection is based on current UTC time)

Bitcoin

Business Value Ratio

Relative Strength Index

Sentiment Indicator

Analysis

Currently, the BVR is below the average, the 30-Day average RSI projection is below 50 and stable and the highest sentiment spike was a while ago. Let's wait for the 30-Day average RSI projection to cross the 50 line and for higher sentiment before buying more Bitcoin.

Ethereum

Business Value Ratio

Relative Strength Index

Sentiment Indicator

Analysis

Currently, the BVR is below the average, the 30-Day average RSI projection is below 50 and rising and the largest sentiment spike was a while ago. Let's wait for the 30-Day average RSI projection to cross the 50 line and for higher sentiment before buying more Ethereum.

Bitcoin Cash

Business Value Ratio

Relative Strength Index

Sentiment Indicator

Analysis

Currently, the BVR is below the average, the 30-Day average RSI projection is below 50 and slightly falling and the last sentiment spike was a while ago. Let's wait for the 30-Day average RSI projection to cross the 50 line and for higher sentiment before buying more Bitcoin Cash.

EOS

Business Value Ratio

Relative Strength Index

Sentiment Indicator

Analysis

Currently, the BVR is below the average, the 30-Day average RSI projection is crossing the 50 line from below and the highest sentiment spike was today. This signals a buy opportunity for EOS! Let's put in a position at a price of $5.25 USD. Remember to use small position sizes! You don't need a lot of money to make great gains...

Litecoin

Business Value Ratio

Relative Strength Index

Sentiment Indicator

Analysis

Currently, the BVR is below the average, the 30-Day average RSI projection is below 50 and falling slightly and the highest sentiment spike was a while ago. Let's wait for the 30-Day average RSI projection to cross the 50 line and for higher sentiment before buying more Litecoin.

Cardano

Business Value Ratio

Relative Strength Index

Sentiment Indicator

Analysis

Currently, the BVR is below the average, the 30-Day average RSI projection is below 50 and rising and the highest sentiment spike was over a week ago. Let's wait for the 30-Day average RSI projection to cross the 50 line and for higher sentiment before buying more Cardano.

Monero

Business Value Ratio

Relative Strength Index

Sentiment Indicator

Analysis

Currently, the BVR is below the average, the 30-Day average RSI projection is below 50 and falling and the highest sentiment spike was yesterday. Let's wait for the 30-Day average RSI projection to cross the 50 line before buying more Monero.

IOTA

Business Value Ratio

Relative Strength Index

Sentiment Indicator

Analysis

Currently, the BVR is below the average, the 30-Day average RSI projection is below 50 and rising slightly and the highest sentiment spike was a while ago. Let's wait for the 30-Day average RSI projection to cross the 50 line and for higher sentiment before buying more IOTA.

Binance Coin

Business Value Ratio

Relative Strength Index

Sentiment Indicator

Analysis

Currently, the BVR is below the average, the 30-Day average RSI projection is above 50 and slightly rising and the highest sentiment spike was today. Let's hold our Binance Coin until the 30-day average RSI Projection goes below 50 or above 70.

NEO

Business Value Ratio

Relative Strength Index

Sentiment Indicator

Analysis

Currently, the BVR is above the average, the 30-Day average RSI projection is below 50 and falling and the highest sentiment spike was a while ago. Let's wait for the BVR to go below the average, the 30-Day average RSI projection to cross the 50 line and for higher sentiment before buying more NEO.

Thank you for checking out my cryptocurrency analysis! Let's keep an eye on our EOS position during this time and remember that there is a lot of volatility in this space, so there is no need to panic if prices drop. The point is that we got a new position at a great price :)