EOS Target $2.19 by way of Price/MACD Bullish Divergence & Elliott Waves...Detail's all in this blog post!

in bitcoin •  7 years ago 

SUMMARY

EOS isn't fooling around! It couldn't care less about some 2 million coin inflation per month! When sentiment takes control, that has little bearing! Below is an updated Elliott Wave count for EOS still with same target of $2.19 which is fast approaching. Note how the MACD and price are diverging positively. In other words, pric is setting higher lows while the MACD is setting lower lows. This is bullish.

The white roman numeral waves i,ii,iii and iv are in and soon an extended wave v could be had. The sub waves are labeled as shown by the blue circled waves. The purple circled waves are the sub waves of blue circled wave 3 and labeled to show the blue 1,2 and purple 1,2 nested waves.

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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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EOS is one of my favourite holds yet it’s my worst performer. I’m hoping things pick up soon.

Buy more

I know I should. It’s difficult at the moment with btc going up everyday!! I’ll look at it tonight and possibly increase my stake.

Not a good idea to pick tops. Good Luck!

Not trying to pick the top. It’s just that I’ve regretted selling every single bitcoin over the years (and I’ve sold a few).

Same --- I have regretted ... would be at least 2x richer right now... But then I realize I would also be dumb no know anything about EOS ... worth it.

EOS... Posed for first test on Billion dollar Market Cap. 7 days ago we had lift off 7 more we could see touchdown 7 after is the Execution then 3 more will be the resurrection. Little Spiritual VoodOo math for y'all.

Great info on blog.
ThAnk You Kindly- Health is Wealth

EOS and the Numeral-alphabetical Translation Technique (NTT).
E = 5 O = 15 S = 19
2018 price projection must therefore be (5 /15)*19 = $6,33 STRONG BUY

Precise , however my indicator is showing $9.33.

Thank you kindly

what!?

I wish you MASSIVE profits!!

I got some EOS & glad to see it goes up again ^^
MAMA ^^

I wish you MASSIVE profits!

I agree. What do you think what EOS is worth in 10 years?

$300

I believe a little more :-)

I wish you MASSIVE profits!!

Kraken also has EOS. I would HODL this for a few years. I think it could be a game changer.

EOS isn't fooling around! It couldn't care less about some 2 million coin inflation per month!

It's per day.
But you are right it doesn't matter!
Thank you!

I think it will most possibly rocket all the way up to Dawn 2.0 ... Moved up a month... Dec 4th... I was cheated a buy cycle ... Lol

Do you see $5 or $10...?

Let's first wait for $2

Thank you again for the great analysis. Do you have any blog posts about MACD specifically?

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I sure wish I was able to buy this token. I really should just make an account at Binance shouldn't I... lol

Go to bitshares.org for a DEX

Is it on the Bitshares platform? Well shit, I should have checked first eh?

GET THE EXODUS WALLET

Yes, get the Exodus wallet! ↗

EOS is traded on many other exchanges besides Binance.

Thanks Haejin , Could you please do analysis about CVC

No change from recent update.

"Brock Pierce Co-founder at Block.one has revealed the project has raised $700 million with ‘several billion dollars' in the pipeline from Venture Capital investors to fund EOS Dapps."

https://cryptovest.com/news/brock-pierce-reveals-billion-dollar-war-chest-for-ethereums-killer/

What are the chances of EOS ending up as a double bottom cup & handle in the future?

That pattern is a bit rare

Ok thanks.

@haejin is your count still lending towards a sub $1 correction or do you believe that has already taken place. As usual, thanks for the insight.

But what happens after? Should we be selling at this point? Or just hodl?
I have been hodling a small stack since the beginning when it was $1.90, would be nice to increase my stack on a dip after the $2.19. Do you have any thoughts on it?

That's wave 3 top, then 4 correction and higher with wave 5.
You can take profits at top of 3 and buy back at bottom of wave 4.

Take a look at these tutorials on trade setup I posted:
https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder

I think if this trend line holds, we may have found our 0.5 retracement for this move - https://www.coinigy.com/s/i/59fee87996f42/

And the bigger picture as I see it with that trend line - https://www.coinigy.com/s/i/59feea5605203/

Somehow I compare this chart to similar charts and for me it looks like the price is going to go down more and only then go up.

Actually, EOS is 2 million inflation per day :)

Mr Lee, an update on EOS would be greatly appreciated.

Thank you. Very much appreciated.

I wish you MASSIVE profits!