EOS vs Bitcoin Cup & Handle ETH Killer? [BTFD]
Updated
So EOS has had a very dramatic start to its new ERC20 token life and its continuing ICO/token release and after a half a year some patterns and targets have become rather clear...
First up, i personally have been reading up and looking into EOS and everyone who been saying its the ETH killer, could be correct....
BUT...
are they correct for the right reasons? due to the amount of ETH peeps were scared that the EOS team could sell off their ETH (which has not seemed to have happened) and force the price of Ethereum down, well i can assure you this won't happen while the ICO is still going on, maybe they sell a small % but it would be rather stupid to sell it BEFORE the ICO finishes in July '18
Now the ICO finishes in July of this year (2018) and it is quite possible when EOS create there own custom coin, this is a new coin (not ERC20) with all the potential of ETH but with easier to use, more apps and ZERO gas price/sending charges/fee - backed up with its upcoming apps and projects, EOS is probably one coin you need to have in your portfolio right now, i personally see it doing same as ETH in 2017 and going from under $10 to well over $200+ by end of year and into next year possibly reaching thousands.
So for last few weeks the USD price for EOS has been around $6 give or take, and against Bitcoin it first came down with the btc plummet mid March, and there i was thinking it would come down with every BTC drop, this was a mistake, its been solid and strong against bitcoin in the last few weeks and has not met my rules/conditions for a BTFD buy up again since 17th March at around my first buyin price of 0.00058
So been looking at some different tactics and trying to get a pullback below 0.0008 to renter the trade with a good buy set up
once thing i have been doing to acquire EOS is buying cheap ETH on the dips (following BTC) and putting it into the EOS ICO and getting the tokens that way, seems more profitable right now than using Bitcoin or other currencies to buy it/exchange
Regarding the charts and patterns; im expecting the price to rise up to the fib levels and neckline, and some rebounds on the way for possible entry setups and then further on upwards towards the orginal ICO listing prices of 0.0024btc
holding EOS im looking at minimum 3-6 months
oh and the other thing about EOS that i love is its Chestahedron logo, some very very good videos about this awesome sacred 7 sided shape, gotta massive quantum appeal to myself and seeing really good stuff coming from this project - frankchester.com/sculpture/chestahedron/
this right here is a possible crypto millionaires club ticket, so play it safe and get it up while cheap as we still got a lot higher to go all the way up to July where i think its going to moon as the ICO comes to a close and people want to start buying up more
roll on the summer :)
if you like my TA plz join us on our FREE telegram group, link is in the sig below
please LIKE the chart if its useful and if u get profits plz considering buying me a beer, since its very expensive in Australia :P
Big up to all the BTFD crew Tomtom, techp & Trassos and howdy to all our members who are getting wealthier by the day
First up, i personally have been reading up and looking into EOS and everyone who been saying its the ETH killer, could be correct....
BUT...
are they correct for the right reasons? due to the amount of ETH peeps were scared that the EOS team could sell off their ETH (which has not seemed to have happened) and force the price of Ethereum down, well i can assure you this won't happen while the ICO is still going on, maybe they sell a small % but it would be rather stupid to sell it BEFORE the ICO finishes in July '18
Now the ICO finishes in July of this year (2018) and it is quite possible when EOS create there own custom coin, this is a new coin (not ERC20) with all the potential of ETH but with easier to use, more apps and ZERO gas price/sending charges/fee - backed up with its upcoming apps and projects, EOS is probably one coin you need to have in your portfolio right now, i personally see it doing same as ETH in 2017 and going from under $10 to well over $200+ by end of year and into next year possibly reaching thousands.
So for last few weeks the USD price for EOS has been around $6 give or take, and against Bitcoin it first came down with the btc plummet mid March, and there i was thinking it would come down with every BTC drop, this was a mistake, its been solid and strong against bitcoin in the last few weeks and has not met my rules/conditions for a BTFD buy up again since 17th March at around my first buyin price of 0.00058
So been looking at some different tactics and trying to get a pullback below 0.0008 to renter the trade with a good buy set up
once thing i have been doing to acquire EOS is buying cheap ETH on the dips (following BTC) and putting it into the EOS ICO and getting the tokens that way, seems more profitable right now than using Bitcoin or other currencies to buy it/exchange
Regarding the charts and patterns; im expecting the price to rise up to the fib levels and neckline, and some rebounds on the way for possible entry setups and then further on upwards towards the orginal ICO listing prices of 0.0024btc
holding EOS im looking at minimum 3-6 months
oh and the other thing about EOS that i love is its Chestahedron logo, some very very good videos about this awesome sacred 7 sided shape, gotta massive quantum appeal to myself and seeing really good stuff coming from this project - frankchester.com/sculpture/chestahedron/
this right here is a possible crypto millionaires club ticket, so play it safe and get it up while cheap as we still got a lot higher to go all the way up to July where i think its going to moon as the ICO comes to a close and people want to start buying up more
roll on the summer :)
if you like my TA plz join us on our FREE telegram group, link is in the sig below
please LIKE the chart if its useful and if u get profits plz considering buying me a beer, since its very expensive in Australia :P
Big up to all the BTFD crew Tomtom, techp & Trassos and howdy to all our members who are getting wealthier by the day
Note
looks like air drops are getting EOS to be one pumpy mofo right now
broke neckline
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