Yesterday I was fortunate enough to enter this trade by a youtube tip off by Bitcoin-Fund-Manager. I looked at it, worked out it was EOS and entered because it was justified.
Having done that, and a free time, I thought I better put this out there.
OBSERVATIONS: ==================================================================== > Large downward trend within a large downward wedge, looking for the bottom; > 5 min chart shows parabolic dimensions; > A few key resistance levels at the macro level; > We know the project has huge potential;
THOUGHTS: ==================================================================== Looks similar to BTC trying to make that major break EOS looks good for up to 100x or more However there are a few obstacles for it to go up further. But it really depends on your strategy and what your focus is on I'm going long on EOS but not a large investment, because of the layers of resistance. But if there is change, this small investment might just work out good.
Please don't forget to give me like or tick for this post
All the best.
S.Sari
5 min. chart
Macro overview: Daily chart
Weekly chart: Observe historical resistance trend line with major target of $5 or 34%