A quick look at EOS, which has been enormously bullish this last month, especially due to all the issues circling ETH lately [IMO].
While it's certainly fair to be nervous entering into a trade on a coin that's blown up over 300% the last month or two, the fib retracement of .382 happening not only on wave 2 but wave 4 as well gives me enormous hope for EOS.
I believe that because of this double-bull retracement [as long as we can maintain this bounce] We will very likely see an extended 5th wave, which could squeeze out an extra 30-50% on gains.
Lets all remember that EOS fanboy or not, EOS is going to without a doubt be one of the top 5 cryptocurrencies of 2018.
I personally believe that if the EOS main net is a success, it will overtake ETH, as the issues with ERC20 tokens, the politics around the scam ICO's/"garbage coins" and
issues with the actual programming [sharding or not] have taken rise.
I'm extremely bullish on EOS and any other token that is coming out with a main-net, such as Golem and TRX. [even though I kinda hate TRX :P]
Take this as you will and have an incredible rest of the week my cryptofamm! <3
While it's certainly fair to be nervous entering into a trade on a coin that's blown up over 300% the last month or two, the fib retracement of .382 happening not only on wave 2 but wave 4 as well gives me enormous hope for EOS.
I believe that because of this double-bull retracement [as long as we can maintain this bounce] We will very likely see an extended 5th wave, which could squeeze out an extra 30-50% on gains.
Lets all remember that EOS fanboy or not, EOS is going to without a doubt be one of the top 5 cryptocurrencies of 2018.
I personally believe that if the EOS main net is a success, it will overtake ETH, as the issues with ERC20 tokens, the politics around the scam ICO's/"garbage coins" and
issues with the actual programming [sharding or not] have taken rise.
I'm extremely bullish on EOS and any other token that is coming out with a main-net, such as Golem and TRX. [even though I kinda hate TRX :P]
Take this as you will and have an incredible rest of the week my cryptofamm! <3
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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.