If you have followed me you know that I am a fan of EOS. You know that I am a big fan of the scalability and the large volume that it can handle. I am a big fan of the creator of EOS (and yes I know he hasn't finished a project yet and has jumped ship a couple times) even though I know the risks. The fact is the guy is a early pioneer in this sector and I believe has a mind and potential like Jobs and Musk.
We have been in a 10 month bear market and crypto and right now the price action is just wearing people out. Wearing people out to the point where people are leaving the sector, not tweeting about crypto anymore and leaving twitter because their entire follower base is about talking crypto. That is what these type of sideways trading ranges and markets are meant to do. So you HAVE to find the good in this type of shit sideways action.
Well one of the charts that is looking the best is EOS. You can't deny that.
Look at EOS holding higher lows and grinding higher here. The break above 6.25 and I am looking for a pretty big move here. In times like these you want to look to the leaders, this is one of them. I don't give a shit about what is going on in the media, or the OG of fake news (financial media) because the price tells the story. And right now the price is holding higher.
Zooming out you can see that the price held 4.60, and now it is holding higher into 5.80 with some curling up moving averages. I am looking for this to be one of the first ones to break higher if crypto makes a turn here.
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by heyimsnuffles
You’ve got a die-hard EOS fan as your follower.
It is true that I have been surprised by the strength of the EOS coin lately.
Take care
Posted using Partiko iOS
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Thanks for hanging around. Looking for to the next rise in the secular global technological movement we are in!
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Nice to see EOS holding support levels, that is promising.
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I still have no idea what EOS is about. LOL
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I am for some strange reason waiting for Neo to drop below 15€. That is the moment I will invest some more fiat into the cryptos.
And yes I will also strengthen my position in Eos!
Cheers,
Peter
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EOS is surely holding strong lately, I didn't like some moves by the founder, like the Steem "separation" and other things. Your analysis is cool @heyimsnuffles. I think November will be the gamechanger period of this year!
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