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SUMMARY
When I was recommending EOS back when it was $0.50 or so, quite a few thought that there was no way it would rise until the 2 Mil coins per month inflation went away.....hmm, it shows how Fundamental Analysis lags Technical Analysis.
Below is the updated Elliott Wave Count showing a target of $11.60 and I've also added the subwaves of the fifth wave. Can the fifth wave extend? YES! Would that mean higher than $11.60 if it does? YES! Remember, it's a personality trait of cryptos to extend the fifth!
Very bullish and nice looking Cup & Handle pattern! The target is currently at 0.00126 BTC but not too long later, all time new highs are likely!!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
BTS EOS STEEM for life holla !!!’
Ya ya!
Right there with you. These three were designed by the same guy. I'm almost certain they will integrate with each other flawlessly. I'm looking forward to them all on line. The only thing that scares me is the atomic swap. If that comes out, then what need will there be for Bitshares?
Whose to say that bts won’t have atomic swap. But bts also has other functions. As a bank. And also as a smart coin factory.
Precisely. BTS is stunning.
EOS, baby, EOS!
EOSEOSEOS
EOS is awesome and is definitely one to hold. I wonder how many people won’t register their holdings and will therefore lose everything when the EOS blockchain goes live in the middle of next year?
That could be a good blog for you to write on you steam it account so others can benefit
I agree. I’ll look at trying to put something together but I’m so busy at the moment. I really don’t know how you find the time to post as you do!
You're telling me, if I keep my open.EOS on Bitshares, I will lose them all in the middle of next year? .... I don't believe it.
You won’t lose them but at present you don’t own EOS tokens. You own an ethereum ERC20 token with a promise to give you the equal number of EOS on the EOS block chain when it goes live. Therefore you need to register an address and link it to your ethereum address that holds the EOS. Shortly after the presale ends, a scan of EOS ERC20 holdings will be taken and relevant Addresses on the EOS blockchain will be credited with the relevant balance.
If you don’t register, you won’t lose your current tokens but you won’t receive tokens on the EOS blockchain and what you hold will be effectively worthless!
"Asset open.EOS
OPEN.EOS is OpenLedger-issued asset for EOS Ethereum token. After EOS release it will be replaced by "real" eos The EOS.IO software introduces a new blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications. https://eos.io
Issued by: openledger-wallet"
Thank you for clearing that up!
what does that mean, register their holdings?
It means that you will have to follow instruction on Eos main web site and produce public & private EOS keys and than register your private key using MEW. All instructions are on the official EOS site.
What are your long Term prediction on EOS ?
Love the EOS project.
What are your favorite cryptos to hold long? Also what do you think of Decentraland/MANA? Thanks again!
I love BTS
"until the 2 Mil coins per month inflation went away.."
It's 2 millions coins every 23 hours!
Haha....we get it, he keeps saying it wrong. That should tell you something.....it matters zero percent.
Remember that guy who used to hang around here arguing about that? I wonder where he is now....?
He keeps it saying it wrong so we can stay alarmed and remember it right.
Stay ALERT not alarmed!!!
Yeah, right! 😀👊
🚀 🤣
Perfect! I was about the ask for an update of EOS. Thank you so much! Wish you MASSIVE profits!
Way to Go!! this post was from last month!!
@haejin .. I'd say you are killing it!! Even higher..
Thanks for your analysis.!!
Sweeet! Thanks Haejin. Can anyone please explain the price difference with pairing? Dollar vs BTC from the above 2 charts.
Note how the BTC pair is always lagging to USD pair; this means you can use to USD pair as a leading indicator
you just have to punch it in a BTC converter calculator on another website
They are different markets. The price action on the $ market dictates the projected pathway on the $ market and likewise for bitcoin. It is important to realize that the timelines for the two projections may be different. So he is not saying that 0.00126 btc =$11.50. From that perspective the two charts are independent of each other.
Thanks for the great work and instruction on Technical Analysis!
1000 thanks for the analysis. I love the work you do. My appreciation and respect 😊👍🏻
Awesome! Thanks for the update !
Excellent Hajin, you are truly an amazing person.....
So wish I was around back in the .50 days. Ah well, better to have got in now than watch it skyrocket from the sidelines! Definitely, hodling EOS through the June 1 snapshot date.
dont worry ... we ain't seen nothing yet!
Registering EOS gives me a headache😝
Exactly
It was worth it!
Have you purchased yours at the official ICO? If so, at what price have you purchased them?
I purchased them from the official timed release on site and it was months ago, can’t remember the price right now. I bought over a hundred...hehehe
@Haejin, remember that time I sent you 19 EOS ;) I hope you held onto it.
HODL!
EOCBTC... should I get in... late at the end of wave 4?
I have been wanting to get some eos since I heard of it but no money and new to crypto and a bit confused. two days ago I decided to finally do it thanks to he sbd explosion. While waiting for my payout it jumped to $6.50 but I think I still got on in time!
Don't worry, it will be 10X that price before the end of next year!
Possible！ I'm really interested to see where it goes once they start developing on it.
I laddered in based on your previous analysis, thanks a lot
Congrats! Don't listen to those who say it's not possible.....stay right here where the fire burns bright!
Thats great tips one.. I gain knowledge in your post...
I don't understand why people are buying EOS on exchanges when there is still a token sale going on. The daily price at the end of each 24 hour token sale seems to be equal to or less than the current exchange price. Could someone please help me understand whats going on?
I read a few days ago, that EOS will dump at the end of the year. What do you think about this ?
thank you
keep us updated!
Well done!
So now, that EOS passed $11 and even got to $12.5
What is next for EOS? can you please make another post on EOS?