EOS: A Genuine Breakout?

in eos •  7 years ago 

EOS too is displaying a pair of wedge fractals. Such inter-coin fractals are quite common in cryptos. Bitcoin to EOS influence is derived from he commonality of sentiment. The abc red waves is likely a zigzag and the five waves of red C subdivides nicely into fives. The smaller wedge (white) resolution in direction could be the next signal to look out for.

Closeup examination shows that a complete abc direction can be labeled and a breakout could be in progress. IF this signals the resumption of the uptrend, then a price level higher than the start of this white wedge pattern needs to be attained. Let's see how the daytime price action goes.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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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Tutorial on the use of Fibonacci & Elliott Waves
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Essay: Is Technical Analysis a Quantum Event?

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To me EOS isn't something I would even consider trading. At all.
That's a buy and HODL asset for damn sure!

I agree with you, i don't care about the fluctuation in the price for short, more than just it EOS is third generation of blockchain as we know ( bitcoin is first generation of blockchain and ethereum is second generation of blockchain, all of them has issues) the solutions of it is EOS, it has big potential to be more grows up in the future due to give the solutions on blockchain.

  ·  7 years ago Reveal Comment

Just wanted to say thank you for flagging this. This was a scam and I like that you dropped the telegram post on here :)

That's a strong break out on EOS!

Mute is the best function in Steemit...EOS is such an exciting technology...real heads know the deal!

  ·  7 years ago Reveal Comment

Hi @haejin,

It seems you got a $10.9779 upvote from @starjuno at the last minute before the payout. (17.37h) and this comment is to make everyone aware.

Please follow @abusereports for additional reports of potential reward pool abuse. Thank you.

EOS is the future!

Haejin, do you have a long term TA like you have for BTS?

  ·  7 years ago Reveal Comment

up vote and resteem..

  ·  7 years ago Reveal Comment

Nice post
Help me
Please vote me

Here is your vote up, isramulya. You should up vote me too!

  ·  7 years ago Reveal Comment

I am always humbled and captivated by your sound and vivid explanations about ​cryptocurrencies​.

This always makes me wonder, if I would reach that expert level in ​cryptos​.

  ·  7 years ago Reveal Comment

I hope the crypto money will rise

  ·  7 years ago Reveal Comment

Nice post

  ·  7 years ago Reveal Comment

Interesting information. Thank you for keeping us informed.

  ·  7 years ago Reveal Comment

very good analysis...

  ·  7 years ago Reveal Comment

EOS program is very impressive. more support for anyone steem users
@haejin

Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
BTCBitcoin10270.200$0.31%2.68%
EOSEOS8.628$4.89%-12.76%
QAUQuantum0.221$-1.58%6.89%
WAVESWaves6.793$-1.76%-11.84%

thank for share

Thank you so much for this post @haejin ... very informative..

There is no such thing as "random". In physics and mathematics, there are always patterns. Some are large, long term patterns, some are short term. If the crypto market is here to stay (which I think it will), we should, like you have, look at the past to predict the future. Thanks for your encouragement.

Decay is said to occur in the parent nucleus and produces a daughter nucleus.

This is a random process, i.e. it is impossible to predict the decay of individual atoms.

https://www.sciencedaily.com/terms/radioactive_decay.htm

  ·  7 years ago (edited)

If we cannot predict something, that doesn't mean that it is random. Randomness will only occur if there are absolutely no external factors that can influence something, which, is almost impossible. There are factors that influence the decay of atoms, we are just not aware of them (I believe). Albert Einstein also did not believe in randomness. Some physicists believe that there is such a thing as randomness, however, not everyone believes it. Even those that believe there is randomness state that it is not the randomness as we know it.

This is from an article on randomness: "On the BBC Radio broadcast, professor Colva Roney-Dougal of the University of St. Andrews says, “I can never prove that a sequence is random, I can only prove that it looks random and smells random.” Only if something is proven to be random, it will be random to me.

As for the relevance of this to this post, there are many factors that determine the crypto market. Economies, merges, forks, tax, countries compliance etc. These factors are far from random. If you had eyes and ears to know what is going on everywhere, then you can predict what is going to happen with the crypto market. Unfortunately we can't, however, we have a pretty good idea of what has happened, using mathematics we can make educated guesses. To us it is random, however, the crypto market is not random. The market does not just go up or down just because.

Here are some links on the subject.

https://www.physicsforums.com/threads/does-random-exist.246043/
http://www.askamathematician.com/2009/12/q-do-physicists-really-believe-in-true-randomness/
https://philosophy.stackexchange.com/questions/29364/does-true-randomness-actually-exist

"My take on this is that decay is probably due to internal forces causing the decay and, if we knew all the internal forces, we should be able to predict which atom will decay next i.e. radioactivity is deterministic. It only appears random because we don't what the forces involved are."

https://www.quora.com/Is-radioactive-decay-truly-random

I'm going to completely agree with you in this analysis
the best thing to do is really waiting to see the day price action

nothing can beat bitcoin ✌🙊

Out if interest, have you stopped making video TA for BTC etc?

If you dont wat to see it, what are doing here?

?

Thanks @haejin

Super. Write your feedback if you like. Looking for new friends. Let's be friends!!!

Hi From @super-grand-ad

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Followers are this week and there you were and
I had not followed back, I have put that right and
followed you back, Also
I have upvoted your above post and re:steemed it to
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@super-grand-ad

HAVE A GOOD DAY FROM @super-grand-ad

Thank you for this information is very surprising to me and winked my eyes I want to learn it and I want to get like you I also want you to follow me I follow you So much that I expect.

Can you tell me a little How can I be like you because your post is very interesting to me and this information should I learn and should be submitted to our community in Aceh Indonesia?

EOS is having airdrop!!! You can get 6 EOS really fast more: https://steemit.com/airdrop/@s3cr3t/airdrop-5-1-eos-tokens-value-40usd-takes-20s

better move in here.
so nice and quiet

Did you have TA on CND?

Now, five days later, EOS-ETH trading pair shows a clear trend reversal.

Mantoop bos post nya

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Nice analysis!

Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @ranchorelaxo valued at 211.01 SBD, based on the pending payout at the time the data was extracted.

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Thanks for information.

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Yeah, comments are full of it. 😢

  ·  7 years ago Reveal Comment
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