EOSLong
EOSUSD: A Couple of months to the big move?
Monthly indicators:
1. SRSI: No considerable movement so far. Yet, SRSI is saturated. Then we have to wait for the other side of the story.
2. MFI: Though not saturated yet, Money Flow is signaling continues sell during the last 30 days.
3. CMF: This one has been ever plunging since 01 Jul 20, and a trendless momentum since 01 Jan 21. Yet, from 01 Jan 21 price managed a 141% growth toward $5.71.
Fundamentals:
1. According to FCAS it scores now 915 out of 1000 a 2 grade improvement from 913. Users, Developer Behavior & Market Maturity.
2. Bad news about CTO's resignation has any impact?! I do not know. Does this affect functionality & market performance considerably?! No clue.
3. The industry market's Money Flow sounds odd. Are they all BTC-dependent?! Their value is calculated by MACHINE?! If not, then why there is an instant price replication between Bitcoin & all these? People are watching Bitcoin & as soon as it dips they sell?! Right?!
Human Bias:
I believe there is always a big threat by our way thinking. We like a security to soar since that's our own will & vice versa. Something is going on of which I have no clue. EOS is really underperforming for no reason.
Based on the abovementioned I do hope it is going somewhere good! :-)
Not a financial advice.
1. SRSI: No considerable movement so far. Yet, SRSI is saturated. Then we have to wait for the other side of the story.
2. MFI: Though not saturated yet, Money Flow is signaling continues sell during the last 30 days.
3. CMF: This one has been ever plunging since 01 Jul 20, and a trendless momentum since 01 Jan 21. Yet, from 01 Jan 21 price managed a 141% growth toward $5.71.
Fundamentals:
1. According to FCAS it scores now 915 out of 1000 a 2 grade improvement from 913. Users, Developer Behavior & Market Maturity.
2. Bad news about CTO's resignation has any impact?! I do not know. Does this affect functionality & market performance considerably?! No clue.
3. The industry market's Money Flow sounds odd. Are they all BTC-dependent?! Their value is calculated by MACHINE?! If not, then why there is an instant price replication between Bitcoin & all these? People are watching Bitcoin & as soon as it dips they sell?! Right?!
Human Bias:
I believe there is always a big threat by our way thinking. We like a security to soar since that's our own will & vice versa. Something is going on of which I have no clue. EOS is really underperforming for no reason.
Based on the abovementioned I do hope it is going somewhere good! :-)
Not a financial advice.
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.
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.