EOSEUR trade ideas
EOCEUR TARGET 47€After finishing its painfull 78.5 % fibonacci retracement, I am expecting EOC to race to 47€.
So I d use current valuations to buy more EOC coins.
As for now I am expecting the EOC to fall to 1.50€, probably starting its rally hereafter.
The University of sydnay already solved the transactionspeed problem for the blockchains ( www.zdnet.com ), so the EOS management just could use their Code hiring its developers (they ve the money now) ,Adding some processmanagement and programming language to the chain should not be that hard..
So I am really expecting EOS to make massive improvements and the price jumping to the moon.
There is enough room for the next Ethereum for those who sold their ethereums for a few dollars previously, regarding price development.
I ve already turned 90% of my portfolio to EOS, because the coin amount matters...
so if 1 day 1 EOS costing 100€, there would be maybe some more millioners under us..
EOSEUR: Short term forecast and review of our tradesEOS is an interesting project started by Dan Larimer and the company block.one. We had invested in the ICO presale, and have been trading it actively since it started trading at Kraken. Usually ICOs outperform the market while it's bullish, and the negative press, and the negative sentiment in BTC made me feel confident in trading the long side here. We invested 1% and pocketed 1.5% give or take, whilst still having a position as a longer term stake for free. The distribution model is interesting, the only variable that might be of concern is the fact that the ICO is uncapped. After the initial 20% round, there will be a gradual distribution of coins in subsequent funding rounds during one year. The market for it was available for traders right after the first funding round ended, making it an interesting trading vehicle.
Best of luck if trading this pair. Not the best time to buy, right now, but, keep an eye out for the targets, and the first day of trading's levels I highlight on chart.
Cheers,
Ivan Labrie.