EOS Mainnet Launches, but Still Just at the Mercy of Price
Hey guys,
Remember after the mainnet was launched, I was asking how strong EOS actually was?
If you click the link to last week’s blog, you can see that price was pushing into higher time frame resistance and while the Internet was getting caught up in the mainnet launch hype, price is all that matters.
Take a look at the intraday level that we were watching for a short entry, if the higher time frame zone held:
EOS/USD Hourly
After the successful mainnet launch, I’m more using this chart to see just how bullish EOS actually is. How often have we seen buy the rumour, sell the news price action unfold.
Is EOS any different? Time will tell.
Well time told.
And just like I’m a broken record, good levels continue to hold and more often than not give savvy traders multiple opportunities to enter off of.
Here is today’s reaction off the same hourly level that we’ve been following:
EOS/USD Hourly
Trading is fun again! 😇
✌🏻.
@forexbrokr | Steemit Blog
Market Analyst and Forex Broker.
Twitter: @forexbrokr
Instagram: @forexbrokr
Sorry I bought some, so it crashed lol.
I'll forgive you this time ;)
I wish I had more in my little portfolio :)
Haha don't we all!
Just keep building slowly. Slow and steady wins the race ;)
Too true, just keep collecting lol...
has mainnet actually launched ?
It's in the process of launching. I'm not a technical guy so am the wrong person to ask about the ins and outs, but the launch isn't as simple as flicking a switch.
Looks like it will be all good tomorrow.
Congratulations @forexbrokr! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Cheers lads!
For daily bitcoin price update, predictions and technical analysis hit the link below-
https://steemit.com/steemit/@abyzee/the-game-of-charts-up-or-down
Please don't just copy and paste random analysis on my blogs. At least post an EOS chart and add to the conversation.