EOS: ICO ENDS & SOFTWARE RELEASE- PROFIT = 24.84% PROFIT !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 24.84% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 6: Release of EOSIO Dawn 3.0 ahead of schedule which introduces improvements in performance (increasing the transactions processed per second to a maximum of 8000 TPS), compression improvements
April 6: Block.one signs $200m Joint Venture Partnership to Accelerate Asia-Focused EOSIO Ecosystem Development
April 19: Bitfinex announces full support for the upcoming EOS mainnet token swap
April 24: EOS Mainnet is expected to launch on 2nd June (33 days).
April 24: eToro (a social trading platform with over 9 million users) has allowed users to buy and trade the EOS token.
May 31: The EOSIO launches the Bug Bounty Program.
May 31: EOSIO Stack Exchange site is now fully open to the public and community members.
June 2: Block.one (publisher of EOSIO blockchain protocol), and SVK Crypto (an investor in blockchain technologies), announced today that they have partnered to launch a new US$50 million fund to accelerate the growth and development of the EOSIO blockchain ecosystem.
June 1: Block.one Closes Record $4 Billion EOS ICO.
June 2: Block.one releases version 1.0 of its open source EOSIO blockchain software. This software enables businesses to rapidly build and deploy high-performance and high-security blockchain-based applications.
June 2: Block.one launches the EOSIO Developer Portal.
The general uptrend in the crypto markets as well as the positive developments outlined above (in particular, ending of the ICO and release of version 1.0 of its open source EOSIO blockchain software).
***The "Crypto Bottom Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***
Eosbtcbull
EOS - the Bull run you don't want to missEOS has been extremely bullish lately. With the main net launching coming up next month, its great time to pick some up for massive profits.
EOS is on its wave 3 of primary cycle. Wave 1 ended earlier this year after which we had major correction down to 0.786 fib.
Currently, EOS has started its subwave 5 (green) of the main wave 3.
Targets for this are around $33-35
Going to the Wave 5?Wave 1 is around 1600%, Wave 3 is 400%, that is the 4 times less then Wave 1, and if we use that formula for the Wave 5 we will have 100% up. IF we have 100% up for the Wave 5, we will perfect touch the fib 1.618.
U can also see that from Wave 1 to Wave 2 we are having a Flag pattern, and now from Wave 3 to Wave 4 also, with the same breakout scenario.
Too much coincidence in this one bull trend?
Potential Road Map to EOS and Their Main Net Launch on 29th JuneAs we know EOS will be launching their Main Net on the 29th June, I wanted to use Elliott wave and a Fib retracement to show everyone the potential path EOS could take...
Last night we completed wave 4 although saying that if EOS breaks further down today by 1000 sats then this will invalidate this impulsive wave. If it carries on upwards today then we are good to start wave 5, so just keep an eye on that during the day.
If you want to be kept up to date to see how this chart plays out then follow this channel and we will keep you updated.
EOS IS THIS TIME TO BUY?? This is a very tough question unless you are a long term holder of this.
In my experience and doing a very simple T.A this coin is still in correction mode. Remember it was 5 dlls not long ago... now trading at 14 dlls... it is still very high.
But with their mainnet launch coming in 20 days and counting it becomes a very irresistible idea to buy right now..
REMEMBER DO NOT FOMO!!
What do you think????? Please comment I would love to hear your ideas!!
EOS Levels to WatchA few days ago I made a post saying that EOS was forming a possible double bottom (which I updated the idea to say that I was wrong.)
Anyway, EOS has found support and lots of volume has come in as people are accumulating.
RSI is looking good and the first major resistance level will be at 21k sats.
EOS Elliot wave predictionEOS has some big potential and with the all the new platforms and meetings happening this year I would expect big investments to be made in EOS.
If my prediction are correct the fist wave up/down has finished, EOS is currently at the biggest resistance point in history.
If it will clear the resistance it will prob. shoot further upwards.
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EOS #EOS entryEOS #EOS entry points.
Ideally we would want to see it drop to the .618 and find support before it moons.
If it doesn't drop that far then look for confirmed support on the .786.
As it stands right now on the daily chart the .618 FIB and 50 day moving average are kissing. So in addition to the FIB, look for support at the 50 day moving average.
EOS Where i whould buy in for mid termEOS moving in channels.
Bigger channel (red) longer term bullish, smaller channel (purple) shorter bearish.
Previous wave movement could repeat in the last one.
So i would consider good entry points the Fibonacci retracement levels around 7.64$ and 7.19$
and i expect upward movement when price is near the red channel upward trendline.
Pay attention when price will be near the trendline in the middle of red channel too.
BULL Flag!Binance: EOSBTC 1H timeframe
We are seeing some very bullish momentum for EOS, and now we are forming Flag pattern, so we are waiting for breakout to continue this bullish trend and momentum!
As u can see on RSI, we are in having good support around 50 RSI. I'm thinking that we will now touch again for the third time upper trend Flag line. After that we will again going down to 50 RSI and after that we can expect bounce up and breakout!
Also when u look on Stock RSI, he is oversold, so we can expect that he is preparing for breakout!
ATH is at 13425, and that is past resistance in the same time. I'm expecting that we can breakout that price, and my target will be somewhere under 15000 with around 29% profit.
If u don't wanna be too greedy, u can take ur profit somewhere under resistance (13425), around 13395 with 16% profit.
Good luck!
EOS in a BEARISH WEDGE? CAREFUL ON TRADING THIS CRYPTO - HThis is a high risk trade due to it's current state. If we look at the pattern, it is bearish - nothing we can do about that. Most of the times price fell after such movement, nevertheless 40% of times price broke up and stock went on a short term bull run.
I will update this chart as new info comes up for my followers.
Enjoy this trade with caution.
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.