Dear trader, this is a valuable company and worth holding for the long term returns. But here is a quick technical analysis. Combination of our Elliott waves, Fibonacci and 14 MA makes a good case for this price predication. We could potentially go higher and continue our 3rd wave, but a more likely scenario after a +14% day, would be a retracement starting...
Expect some reconsolidation before we hit $100.
EOS is a great coin with a lot of future and should be considered a long term investment. But looking at the hourly charts, we have been always struggling to maintain $3 line. Every time we hit the red line we get pushed back to $2.51 support line. This time, if we get rolled back and go back up to test $3 resistance, its highly probable that we surpass it and...
$Algo.X just reached it ATH so it's reasonable that it will drop back to its support lines. The question is weather it'd keep its upward trend to drop below 50 cents, because if it does, our next stop will be at 27 cents. But I doubt it. BTC is going and many folks got rich investing in Dogecoin, GME and AMC and will invest their money in cryptos. And what's...
The pattern is pretty clear. Buy in today and make a quick buck by Monday.
If you followed my previous Idea you might have bought the last dip, so now, there are two selling opportunities for you. Patterns indicate one of these 3 scenarios are likely to happen! If we break 1010 resistance zone we'll be heading toward a new peak around 1107 (sell zone), if not BCH could have a small dip before hitting the bottom floor at 857 (buy zone)...
If it cross the the orange line we'll be heading toward 1.4k, if not buy in at 789 to be safe. Next target would be 1.3k within a couple of weeks.
Did you buy the dip? COINBASE:ETHUSD just broke through two resistance areas of 1140 and 1150. It's heading back up to 1226 to 1304 soon.