EOS/BTC Pair Analysis Shows a Classic Bullish Setup

in #eos7 years ago

SUMMARY

The EOS/BTC pair shows a very distinct, crisp and vintage Cup & Handle pattern. It's interesting to see that the genesis of the pattern dates to the listing of this coin. The most imediate pattern was an abc that completed and the following impulse of five completed the cup formation. Since the handle pattern is currently in progress, the likely target of retracement could be the 0.618 zone, as shown in below chart.

The 240 minute chart view shows that an ABC is probably the best fitting correction. Since the handle is coinciding with a retracement equal to wave 2 of a higher degree of trend, the deepth is usually 50% but given the overall Cryptosphere corrective sentiment, the 0.618 is selected. The five subwaves of the final C wave shows one more remains; wave 5. The level of C is currently also equal to the prior wave 4. Let's see howe the overnight price action takes this.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: 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.

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Elliott Wave Counting Tutorial #1
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Tutorial on the use of Fibonacci & Elliott Waves
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First 75 votes you got $0.33.
That is PATHETIC!!!

HERE CAME YOUR SCAMMMMMMMM @RancoRelaxo to SAVE THE DAY!! $152.26 with 184 VOTES!!! You should feel so proud of yourself!!!! You are so awesome #Haejin!!! Everyone on steemit should be just like you.

DON'T GO CRY TO MOMMY WHEN THOSE DOWNVOTES Start coming. We asked you nicely over & over to not VOTE YOURSELF with @ranchorelaxo. But you don't care about steemit. FUCK YOU HAEJIN

You have 75 people that are WORTHLESS UPVOTING your WORTHLESS SHIT you post!!! Your BLOG POST VALUE are pretty much MAX $0.50. I will give you that much credit for adding a shitty video to it.

109 VOTES now & you are up to a WHOPPPPPINGGGGG $0.72. GREAT WORK!!!! IF anyone else on #Steemit had 109 Votes I guarantee their post would be at least $10.00 by now.

122 Votes are you are getting RICH!!! $1.16. You can go to McDonalds & Buy a McChicken Sandwich For 99 cents.

You got a big vote there. 124 tards have voted you for $1.22

No downvotes yet. See if you wouldn't vote yourself with that WHALE you wouldn't get them. $1.33 is almost triple what your post are worth. 137 voters for $1.33 SO SAD BRO!!!!

I can post a pic of a turd & get a bigger payout than $1.41 with 5 upvotes!!! 142 votes & that's all you can make. That tells me YOUR'RE WORTHLESS SHITHEAD!!!

Looks like one of your people who you let suck your cock voted for you. That was a big jump. 169 votes for $3.80. Almost enough for a whole VALUE MEAL at McDonalds!!!

40 Mins And not one of the 187 FUCKING PEOPLE THAT VOTED for you has made a COMMENT!!!! You are such a fuck wad!!!

Lol
So curious now
How is he doing this with that huge upvote in less than 2minutes, Anyone has an idea?

Still don't understand what is happening here

Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @ranchorelaxo valued at 147.68 SBD, based on the pending payout at the time the data was extracted.

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At this point...HODLing is the best move...

When does your fucking WHALE @RancoRelaxo come in to vote. You got 134 votes for $1.32. A Little more & you can get a small drink with your McChicken Sandwich.

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