Is EOS about to break it's wedge?
On the Monthly chart, long term, EOS could be an excellent investment.
The "crypto currency" which seems to have a lot of negative press (SEC) however the price could be at it's lowest point.
Over the end of 2020 and start of 2021, BTC and pretty much of all other Alt coins have had their lime light and they are still going strong. Some are being manipulated to pump and dumps, however, EOS has been relatively stable hovering around the $3 mark for some time.
It EOS's short life span, history seems to show that EOS has peaked in the months of February and June, June being it's birth date.
Could B1 be keeping EOS away from rest of the pack, keeping it away from the boom and bust coins?
If EOS fails to break up from the wedge, my fear that it would become the new stable coin taking over USDT, TUSD.
In my opinion, EOS is too powerful to drop any further. It's long awaiting investors who paid $6, $12, $18 per EC20 token before launching will want to see their investment finally blossom.
That's me, I have been cost averaging throughout the 'ICO' phase and the last 2.5 years live phase.
Will I ever get my investment back plus profits. I bloody hope so.
Hodl tight and believe.
The "crypto currency" which seems to have a lot of negative press (SEC) however the price could be at it's lowest point.
Over the end of 2020 and start of 2021, BTC and pretty much of all other Alt coins have had their lime light and they are still going strong. Some are being manipulated to pump and dumps, however, EOS has been relatively stable hovering around the $3 mark for some time.
It EOS's short life span, history seems to show that EOS has peaked in the months of February and June, June being it's birth date.
Could B1 be keeping EOS away from rest of the pack, keeping it away from the boom and bust coins?
If EOS fails to break up from the wedge, my fear that it would become the new stable coin taking over USDT, TUSD.
In my opinion, EOS is too powerful to drop any further. It's long awaiting investors who paid $6, $12, $18 per EC20 token before launching will want to see their investment finally blossom.
That's me, I have been cost averaging throughout the 'ICO' phase and the last 2.5 years live phase.
Will I ever get my investment back plus profits. I bloody hope so.
Hodl tight and believe.
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.