thomas58700

EOS Upcoming Run After Cup

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BITFINEX:EOSBTC   EOS / Bitcoin
EOS has been forming a large gradual cup over the last couple months with its resistance line being placed in the chart above at 0.00062 buying in now is quite safe and then waiting for a run. I've outlined possible elliott waves for eos, but this is not factoring in crypto coin's tendency to exponentially increase when lots of interest begins to surround the coin in an accelerating fashion. There are predictions much higher than mine currently out there in a shorter time span, but I feel it is a safe and steady trend up.
Komen:
Run has already poked up through 50% fib line
Komen:
Compress the graph I've made above into a shorter time span, there will be a correction now then another run is quite likely. Looks like it could move down to 0.00092388
Penafian

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