EOS $~90 Realistically Still In PlayEOS is one of my favorite alts, besides XRP and DASH. It has great price history, and it did perform exceptionally well in 2017/18. It is still listed on the biggest exchanges and so therefore i still believe that this market cycle will have its turn to shine.
If we extend fib. extensions over previous bull run, where level 1 is sitting at ATH, it just so happens that level 0.236 sits on top of the rally prior to capitulation. This further confirms that levels could be respected and price to eventually reach $90, maybe a bit more but not by much.
You can also see that if we overlay the first 2017/18 rally from the recent bottom you can see that if we did something similar in length now, we would get to near $90. That is even further conformation for me for that target.
I am not a financial advisor so non of this should be taken as a financial advise. Be well
BITFINEX:EOSUSD
Realistictarget
Bullish on OCEANTicker: OCEAN
Fundamentals
Ocean Protocol uses something called PoD (proof of data) and is in the business of Big Data, which is expected to reach $229.4 Billion by 2025. PoD is a little bit like PoS where you can stake your coins to earn rewards.
Ocean gives big data tools for Web3, which is a massive game changer. Think if Cambridge Analytica was an ethical business! Ocean Protocol, although it's tech focused. It has an excellent BUSINESS model. There are plenty of projects that have good tech but know nothing about business, this is where they fail. Not Ocean though... If you don't know what web 3 is, think of how revolutionary the internet was. Web3 will have a similar impact to this!
These are some of the few fundamentals on why I'm so bullish long term for Ocean.
Technical:
Time-frame: Swing Trade
Area of Interest: $0.4 - $0.5
Invalidation Area: $0.35 currently, changes over time following bullish curve.
Area to take profits: $0.7 - $0.8. Looking for $1.5 by Q4