EOS trading Long Term
Hello! I'm back with the continuation of my previous EOS analysis, you can check it here: 
So it went for Option A on my previous analysis which is cool down from ATH, but as we can see it formed a heads and shoulders fully manipulated by some whales since a quite a few bad news surrounded EOS by the time it kept being pushed up (Why?) It face a network hack since the token swap and then they announced that long term hodlers could have their tokens taken away: bitcoinist.com/eos-tokens-not-for-passive-hodlers/
So why would it go up with this kind of news? No idea, the thing is it finally followed the logic path.
We can see we hit a double bottom now, we could go down a little bit down further, 13.5k - 13k but If btc recovers we will see a third wave on EOS going up again, the recovery should hit 17k-18k and then expect it to keep going down to 10k or so, we are gonna be able to buy EOS much cheaper this year!
Good luck!
Again I'm open to comments and constructive analysis!
Best Regards
So it went for Option A on my previous analysis which is cool down from ATH, but as we can see it formed a heads and shoulders fully manipulated by some whales since a quite a few bad news surrounded EOS by the time it kept being pushed up (Why?) It face a network hack since the token swap and then they announced that long term hodlers could have their tokens taken away: bitcoinist.com/eos-tokens-not-for-passive-hodlers/
So why would it go up with this kind of news? No idea, the thing is it finally followed the logic path.
We can see we hit a double bottom now, we could go down a little bit down further, 13.5k - 13k but If btc recovers we will see a third wave on EOS going up again, the recovery should hit 17k-18k and then expect it to keep going down to 10k or so, we are gonna be able to buy EOS much cheaper this year!
Good luck!
Again I'm open to comments and constructive analysis!
Best Regards
Disclaimer
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.