SUMMARY
While it would seem expectant for EOS to carve out a nice and simple abc correction as shown below, by now we all know that Altcoin corrections are nothing but simple. The below chart can complete but it looks too quick.
Subwaves almost always help better elucidate the progression and the below shows how the final C wave could traverse. However, I would not be surprised by more and extended lateral move after the last wave 5 is complete.
I believe the correction is better represented as below in that while the lower low can be tagged, the correction end point could be not until well into February. However, with $7.7 Bil in market Cap, EOS could soon adopt the behavior of BTC or the traits of the bigger coins which like Bitcoin doesn't express the Hurry Up & Wait as much. It would be interesting if such morphs can be observed.
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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Umm, no. That's not the correct chart. Here's the correct chart ...
im surprise you have time to watch that bs, who care about the chart.
Once EOS really launches...we will see what vertical price movement looks like!
agree, been in since the early days
EOS is a great long term hold. It's a must have, and its ICO implementation platform is genius. You want to know why, simply ask.
why
My apologies for this late response. I still haven't fully figured out Steemit totally. Well, because it helps eliminate whales from buying up a very large portion in a short period of time, then dumping it on the exchange for a high price, driving the price down, only to buy back much cheaper, doubling and even tripling there original holdings.
Now, more than 1 whale perform can perform this technique. At least with a 1 year ICO, they cannot perform such a thing. They cannot manipulate the price as easily. That is why...
EOS hasn't done much
I see a triangle and a pump imminent... its been testing that $15, maybe this time will be the time. Would love to see EOS in the 20's with a $30 hit but simply stabilize and consolidate in the 20s till the summer.
https://steemit.com/eos/@daverex/eos-to-pop-up-100-time-to-buy
The analysis should be a joke. 😂 In all honesty, you have a positive attitude from 10 EOS analyzes. And of the 10 analyzes, few were even close enough. Sorry but 👎🏻
Not sure about you but I bought on the last dip at$8 and sold at $14. Made out with a hefty profit of 40%. Curious if you are a hater or a troll. I've made 10 of thousands on various analysis from this gentleman.
Good luck ignorant troll 😂😂😂
haejin called the bottom at 45 cents something. check it out.
Correctly. Absolutely nonsense. Would have to be banned.
Quite informative and educative from @haejin
new's cryptos and news horizons
Yeah pretty simple and predictable analysis. I agree with your analysis. Drop is coming in EOS too.
Please check the new coin Telcoin!! High potential!!
https://steemit.com/steem/@gregor82/new-coins-on-the-blog-part-2-telcoin-hype-or-real
Not feeling EOS. Seems to be taking too long to 'really lauch'. I would rather stick with ETH LTC PPT and VERI.
I am buying more EOS @ $5.25
Three weeks ago you were calling $46. https://steemit.com/dtube/@haejin/ddoz2lct
Stupids should not be in cryptos.
Has anything changed in the past three weeks? Oh welcome to the fluid world of trading; if you want couch potato stocks take a low-risk index fund and get your 2% annual returns
No, actually nothing has changed with EOS in the past 3 weeks and that´s the point.
The only thing that changed is that BTC is going down and therefore the fictional $ value and the funny, colorful lines in the fictional chart. But everyone knows, that these drawings are just for entertainment purposes and not real fortunetelling!
Technical Analysis is for intellectual people who see the world mathematically, if Technical Analysis doesn't help you then it speaks towards your level of cognitive ability. Fibonacci ratios aren't fictional; I figure not everyone is meant to be a trader, I think the Superbowl is coming up buddy - go watch football.
haha that was funny - looking at my superbowl prediction, I can already see, that the Patriots will win... like every fucking year... that was easy.... oh, and by the way, I learned TA when I was 14 - just because I was bored back then and there was no football on... until I got bored by it too and moved on to astrology, which is also about numbers and shit... seriously...
we are way past that come on, get over with this already. BTC is correcting as well as all alts. It'll go up after this is done.
LOL was wondering about that too...
If you don't understand what Analyzing & Charting is, them why post? Haejin is a highly experienced chart analyseR. But he can't predict mass market corrections. Nor can you. So get over it.
no obviously he does not have the ability to see the future , but based on his well versed analysis over three different possible scenarios and simply stating that the 3rd seems most probable as far as what the correction might look close to is an educated inference. Why u mad bro
Very entertained. I'll be sure to sent you a few bitcoins.
good I got out (so I can buy back later) :D
Hard to look past EOS with our very own Dan Larimer involved. Get behind everything he does and you won't go far wrong.
I was just wondering if the corrected figures would start to climb up again after the forking. Or in the long run, would it rally up again?
I hope this correction ends sooner than later, feels like we've been waiting for ages. Patience is a virtue, aye?
The ENTIRE Market has been correcting for several weeks now. Look at this as a buying opportunity. And be happy. Analyse what happened same time last year and you will see how between January to March, the Crypto Market acts the way its acting right now. Buy the Dips and ReLaX...