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Eos If the price is supported by the 0.00031194 point and the uptrend line, and the price is maintained, and the break out of the fast downtrend line, I think a lot of upside is possible. Below 2.6883 is the mid- to long-term investment area. If you buy slowly when you see a rise at this point, you can see good results next year. The 1.55 point is the point that can be reached after a lot of decline to the next support point. I have to be careful about buying. The extent of the uptrend will be determined by the uptrend line and how it moves above 3.3823.
by readCrypto
EOS - Still #1 in China’s Crypto RankingsIn a recent report regarding, The China Electronic Information Industry Development (CCID) rated EOS at the 1rd spot among other 37 cryptocurrencies. The published a 13th update of their crypto rankings chart, and not much has changed. The three main attributes that were judged was the technology behind the project, applicability what it offers, and creativity along the way of development. All these crucial aspects combine to structure a ‘total value index,’ on behalf of which a digital asset is ranked. Furthermore, China’s Ministry of Industry and Information Technology directly oversees the CCID. Some regard the Chinese cryptocurrency rankings as a list of what cryptocurrencies China’s government perceives to ”be the best”. EOS has been in the top spot since it started being ranked in June last year (2018). “The results show that the world’s major Dapp platforms, still rank in the top three". — EOS, Tron, Ethereum — On the other side, it could be that no one takes these China’s rankings quite seriously. However, a few industry professionals believe that these are very bullish signs by China. Moreover, one should note that China’s crypto rankings generally favor large-capacity blockchains over proof-of-work blockchains. Although this is questionable, the CCID has stated in its May report that the criteria will remain consistent. The Evaluation Model So how does China evaluate these projects? There must be united criteria, because there are total index points on each section (Technology, Applicability, Creativity) and at the end, they get summed together. CCID has revealed their criteria and described each of them and how much of the total score does it account for. Noting that this category “mainly examines the technical realization level of the public chain, including function, performance, security, and decentralization.” For example, Technology (or Basic Tech how it’s in the research) accounts for 65% of the total score and is evaluated by looking at the public chain, and inspecting areas such as function, performance, decentralization, and safety. Applicability is being evaluated by looking at how practical applications are being added to the project. This index accounts only for 20% of the total score. Adding that this category mainly evaluates “the comprehensive level of public chain support for practical applications.” Unlike the basic technology category, the center said that on average “the applicability index has increased from the previous period.” Creativity, this accounts only for 15% of the total score and the researchers are looking at how many developers are there on the project, how recently the code is being updated, and which other projects have affected or influenced the code of the project. This category focuses on “continuous innovation in the public chain. Overall, this list might be something to think about. Because this is China’s Center for Information and Industry Development, it’s no independent bloggers’ research, this is coming from the country communist is the largest population in the world. Even though China banned cryptocurrencies and banned Bitcoin mining back in 2017. It is not hard to say that China isn’t pro-blockchain. So this should be only considered as long-term advice. Recently, Chinese President Xi Jinping has appealed for greater urgency in the development of blockchain technology. Moreover, China is leading in the blockchain research filing ahead of the United States. With things getting better in the crypto space, EOS looks to prove a point with its dominance in the ranking. EOS has gained the trust of Chinese authorities, and it appears that the increase in user has played a crucial role in getting the concentration of projects. At the time of writing, EOS holds the 7th spot with a market cap of $3.154 billion. The trading price of EOS stands at around $3,36 with a slight up. A the turning point for the cryptocurrency Chinese President Xi Jinping has appealed for greater urgency in the development of blockchain technology in a move analysts say could open up a new front in the country’s growing rivalry with the United States. As general secretary of the Communist Party of China Central Committee, Xi chaired a meeting on the subject with senior cadres. Blockchain would play “an important role in the next round of technological innovation and industrial transformation”, Xinhua quoted him as saying at a group study session for members of the Politburo on Thursday. As such it should be made a key part of the country’s innovation programme, and investment in the sector should be increased, he said. “Major countries are stepping up their efforts to plan the development of blockchain technology. Greater effort should be made to strengthen basic research and boost innovation capacity to help China gain an edge in the theoretical, innovative and industrial aspects of this emerging field.” Xi said blockchain technology could be applied to many different fields, including finance, education, employment, elderly care, poverty alleviation, health care and food security, infrastructure management and public services. Blockchain is a form of encrypted ledger. With each transaction, the chain grows but all previous records are stored and are verifiable. The technology could be used, for instance, to provide evidence of a company’s business operations, which in turn could help it to secure financing and reduce the risks faced by lenders. The technology behind such “immutable records” is already being used to track and trace the supply of food – from farm to store – by simply scanning a quick-response code. “The technology could empower industries, increase their efficiency and lower their costs,” A number of developers in China are working on creating the basic blockchain solutions for different industries, and according to a report by The Financial Times, Chinese companies have filed more patents on blockchain than anywhere else in the world. Xi said China should step up the standardisation of blockchain to increase its influence and “rule-making power” in the global arena. “Just like the Belt and Road Initiative’s railways and power grids, and Huawei’s 5G telecommunications networks, standardised blockchain solutions are a kind of basic infrastructure for future global economic activities,” “When Europe, Asia, even the US, have to turn to the Chinese for such solutions, there might be more Huaweis emerging.” The US and China are already engaged in a tech war over companies like Huawei, and any advancement of China’s expertise in blockchain could open up a new front in the conflict, analysts said. Meng Yan, deputy head of the of Chinese Institute of Digital Assets, said Xi’s remarks could spark a race to become the global leader in the digital economy. “We are in the middle of a digital arms race,” he said in a recent article. At the Politburo meeting Xi did not mention cryptocurrency – the best known application of blockchain technology. China has banned bitcoin and all other cryptocurrencies. But the issue should be of interest to Beijing’s policymakers, especially with Facebook’s planned launch of its Libra digital currency next year. Were it to take off on a global scale there would be very little room for China to launch a rival. Money issuance, even on the internet, is a matter of state sovereignty. China cannot afford to concede or lose,”. Well keep you updated as this timely issue evolves. We go together Together we are stronger Share and like I am not Bearish long term. I am a Bull of Bulls. Thanks God bless you! =============================================================================== Twitter > twitter.com =============================================================================== CAUTION! DISCLAIMER Trading is risky. Here s a small explanation about why Im giving insight into my trades. Crypto is all about trust and transparency and that is what ID like to bring. Dont expect me to tell you how much crypto I actually own because thats none of your business. But I Will tell you how big my position will be in regard to my trading portfolio. Secondly and actually the main reason im doiing this, is to proof to all the HALTERS out there that you can earn money with trading crypto. Most people are skeptical about trading because they heard horror stories about people who lost all their money. Follow my journey and let me proof therm wrong. At the end of the day, the most important thing is how good are you at risk control. Booking some losses during trading is perfectly normal, so im not afraid to show those losses. Most traders dont give any insight in what they because they perfectly know they suck and dont have a clue what they are doing in regard to risk management. Risk comes from not knowing what you're doing. Just like every trader, Ive seen ups and downs in my journey. I started trading stocks. And you can guess what that meant for my portfolio. Yes thats right, it was almost completely wiped out. But I pressed on, learned a lot about technical analysis and here we are. I have experience in trading stocks, options, and commodities . So you can assume that I know how to deal with risks. =============================================================================== $BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP #altcoins #bitcointrading #BuyTheFear #BuyTheDip #CRYPTO #EOS ===============================================================================
BITFINEX:EOSUSDLong
by ferGOD
2
$EOS - bottomed? Allowing wave ((ii)) bottomed. We've upgraded the count to the previous Alternate that allowed wave i formed as a leading diagonal, with wave ii now underway. Lacking any evidence for a low at this juncture, we may see a move to test the 61.8% retracement of wave i before the correction completes. Key Levels: 1.53, 2.40, 3.69, 4.24, 4.75 GOOD LUCK! We go together Together we are stronger Share and like I am not Bearish long term. I am a Bull of Bulls. Thanks God bless you! Proverbs 19:8 8. The one who gets wisdom loves life; the one who cherishes understanding will soon prosper. =============================================================================== BlackMEX - PREMIUM We are a BITMEX specialized channel. Our philosophy focuses on capital preservation and good risk/return operations. We'll share our analysis, calls, and share studies that can help you be a better trader. Enjoy! ** 2 weeks free sign up Telegram > t.me =============================================================================== Twitter > twitter.com =============================================================================== =============================================================================== CAUTION! DISCLAIMER Trading is risky. Here s a small explanation about why Im giving insight into my trades. Crypto is all about trust and transparency and that is what ID like to bring. Dont expect me to tell you how much crypto I actually own because thats none of your business. But I Will tell you how big my position will be in regard to my trading portfolio. Secondly and actually the main reason im doiing this, is to proof to all the HALTERS out there that you can earn money with trading crypto. Most people are skeptical about trading because they heard horror stories about people who lost all their money. Follow my journey and let me proof therm wrong. At the end of the day, the most important thing is how good are you at risk control. Booking some losses during trading is perfectly normal, so im not afraid to show those losses. Most traders dont give any insight in what they because they perfectly know they suck and dont have a clue what they are doing in regard to risk management. Risk comes from not knowing what you're doing. Just like every trader, Ive seen ups and downs in my journey. I started trading stocks. And you can guess what that meant for my portfolio. Yes thats right, it was almost completely wiped out. But I pressed on, learned a lot about technical analysis and here we are. I have experience in trading stocks, options, and commodities . So you can assume that I know how to deal with risks. =============================================================================== $BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP #altcoins #bitcointrading #cryptocurrency #cryptotrading #CRYPTO #EOS #BuyTheFear #BuyTheDip ===============================================================================
BITFINEX:EOSUSDLong
by ferGOD
Short/Mid/Long EOSUSD CONSOLIDATION IN EFFECT TP1 $3.54 TP2 $3.67 Stop @ $3.54 Given current volatility, it should go w/o saying that stop losses (as always) should be set first. Like many other alts we are seeing some serious volume buildup again this time on EOSUSDC and now with another shortsell in scope lies another opportunity for entry to TP. Pairs equally with BTC & ETH as all 3 prospects seem bullish yet always set stop losses and don’t pivot from fiat currency to maximize ROI and mitigate risk for loss. Disclaimer Not financial advise -@a1mTarabichi
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by a1mtarabichi
1
EOS - INVEST $1000 AND GET $500 NET PROFIT!Everything is possible, we're trying to do the best. Yes, you can invest $1000 and get $500 net profit. According to fibonacci levels, EOS/USD fallen to $1.55 level as lowest support after it had risen to $23 ( Highest price ). EOS/USD tried to test $9 level, but failed and fallen to $2.5 level a few weeks ago. $1.55 is the worst scenario before uptrending to $5.40 ( $5.40 is the key of next uptrend ). Let's say, you do invest $1000 at $3.40 ( ~ 294 EOS ) and set a sell order at $5.40 ... Congrats, you made $1500 - $1000 ( The investment ) = $500 Net profit. Don't wait $1.55 level to get more profit, no one knows what will happen. We take it as worst scenario, but with $3.40 level you will make a good profit, and of course if you have extra money and the price goes below $3.40 level, you can buy more ( Increase your profit ). Just don't worry and don't be hesitate of taking the decision. Remember, be bold. NEXT UPTREND $5.40 FOR EOS/USD SET BUY ORDERS ONE BY ONE TO $1.5 TO BE IN SAFE MODE BE BOLD AND DON'T PANIC DECIDE AND TRY TO MANAGE YOUR WALLET WITHOUT LOSING. HAPPY TRADING ;) I WILL BE HAPPY IF YOU DO JOIN TO MY NEW CHANNEL t.me
BITFINEX:EOSUSDLong
by b4sk
EOS/BTC potentially finished BEAR MARKET? LONG TERMIt seems like Highcaps/BTC found their bear run bottoms and after few months consolidation moving dangerously close to resistance trendline from the start of THE BIG CORRECTION! As we know from history EOS like to pre-start big moves for market and it may be also this time , when EOS begin new trend by huge parabolic PUMP . Here is the 1D chart , where you can see the interest of EOS moving inconspicuously UP. : On the 3D chart we see a great falling wedge pattern known as the BULLISH pattern in downtrend and continuation pattern in BULL TREND by 70% . Can not really imagine a new bottom after that big accumulation on the bottom around Point of Control (3600sat) Follow me for more charts weekly !
Long
by Tradify_Seb
EOS/BTC: Knocking At 4k Satoshi!EOS/BTC is currently at the important S&R zone of 4K Satoshi: It has upheld 1 time as support, and become 4 times resistance: If we push through, this could mean big upside towards BTC in the direct correlation. This means, if Bitcoin on the other hand also gains in USD, EOS/USD could see a bigger breakout, where we're currently tightening: If you had some value from our analysis, give it a thumbs-up & comment it, because the mechanism shows our analysis to other people then. Make also sure to follow us so you get notified on our analyses! I wish you a good trading! :) Edgy is providing online education & indicators only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Long
by Edgy_