Yesterday I made a post about EOS bottoming... https://www.publish0x.com/the-infinite-banker/eos-looking-to-rally-xkyrxjd
Today, it appears this count is right and we are now looking to go higher... sure it can go back down and test the upper descending orange resistance line it broke out of, but that's about all I can see happening... It is righting the 50ma on the hourly very nicely and using it as support. We are early in a big wave 3 that could bring EOS easily North of $10.
I myself have a nice long at 4.61 and looking to capture most of this wave three moves. I'm sure it'll be a bumpy ride up as any bull ride is.
Either way, it's a nice trade to go in and as long as you don't over-leverage or get stopped out... you'll make this a nice profitable trade most likely
fCrypto Mass adoption is here and wall street is getting into it. This is very similar to the internet boom we seen in the late 90's. It's new tech and mass adoption is on it's way.
At this point it's very hard to lose on a HODL approach. Trading is always a different story but at shown above it is a very high odds trade.
The above ABC actually breaks down into a zig-zag pattern as it is known in Elliot waves. 5-3-5 wave pattern. To confirm this count we see the macd D and RSI have divergence favoring strength to the upside.
Anyhoo I wish you all luck and hope you all make lots of wealth.
To DECENTRALIZED FREEDOM!!!!