EOS has the potential to break the barrier.
Good news:
RVI is in the sweet spot.
V.I. (+) is above 1, has been for some time, and looks like it could sustain.
Bad news:
Volume is not quite high enough to sustain a barrier launch.
V.I. (-) is above 1 is just a tad too close to 1 to show a clear launch free of worries.
Speculation to consider for discussion:
March looks promising for #BTC, but #EOS has been trending with #ETH than BTC up until recently.
BTC seems to be gaining along with ETC, however there is a strong upward turn recently that may inspire sharks to try to pump and dump.
The discussions on #CIndicator have been speculating that EOS could break ~$12 sometime in March.
Discussion:
This looks like a bullish start to at least a possible 10% gain if paying attention to the 4H charts or at least increased volatility/price expansion.
As long as the sales don't return hard, we should see some movement at least to the median of the blue fib.
Conclusion:
@BTCStrategies would strongly consider EOS a potential for positive movement, however we are not in the art of endorsing a purchase because it also has the basic makings of a bear trap. Unless there is a strong breach, this could easy sink along with BTC or ETH if either decides to slump.
Good news:
RVI is in the sweet spot.
V.I. (+) is above 1, has been for some time, and looks like it could sustain.
Bad news:
Volume is not quite high enough to sustain a barrier launch.
V.I. (-) is above 1 is just a tad too close to 1 to show a clear launch free of worries.
Speculation to consider for discussion:
March looks promising for #BTC, but #EOS has been trending with #ETH than BTC up until recently.
BTC seems to be gaining along with ETC, however there is a strong upward turn recently that may inspire sharks to try to pump and dump.
The discussions on #CIndicator have been speculating that EOS could break ~$12 sometime in March.
Discussion:
This looks like a bullish start to at least a possible 10% gain if paying attention to the 4H charts or at least increased volatility/price expansion.
As long as the sales don't return hard, we should see some movement at least to the median of the blue fib.
Conclusion:
@BTCStrategies would strongly consider EOS a potential for positive movement, however we are not in the art of endorsing a purchase because it also has the basic makings of a bear trap. Unless there is a strong breach, this could easy sink along with BTC or ETH if either decides to slump.
הערה:
The value of EOS is still BTC derived. If BTC can continue to climb, EOS will as well.
The last few candles have indicated in increase in market volume, showing that this may be the start of something big.
ETH/BTC is showing that there is a slight lead in growth for BTC against ETH, however as BTC has recently been speculated to have reached max block height/size, there may be a big reversal coming