EOS has been weak since altcoins have become weak.
Like most altcoins, it has a confirmed H&S pattern & impending death cross. Unlike many, however, EOS is quite strong in that it's ABOVE 200D still.
I suspect tomorrow it'll go under 200D & $3.9 will be a 1st target, even though $1.3 may be the final target for me.
This is because one thing leads to another.
Like most altcoins, it has a confirmed H&S pattern & impending death cross. Unlike many, however, EOS is quite strong in that it's ABOVE 200D still.
I suspect tomorrow it'll go under 200D & $3.9 will be a 1st target, even though $1.3 may be the final target for me.
This is because one thing leads to another.
Note
eos quite strong these days, but still can't go over the resistance (thick red).my guess is that people are making the wrong assumptions: that the eos team is selling eth doesn't mean they're using their own money to pump eos. you have to remember that they do ico to raise $ not their own coins (which they made out of thin air in the billions).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.