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EOSETH temporary retracement ahead
EOSETH has had a great run since my last post.
At this point, we've just broken the channel, and indicators all suggest overbought condition. Besides, testnet will be alive in a couple of days, and the price of the news has been fully discounted.
In this context, I expect a short-term adjustment / consolidation. Maybe the price will move sideways instead of down, especially if ETH price drops (so EOSUSD drops).
Because I see much potential for EOS, I don't think it's a good idea to sell. Instead, look for good entry points.
At this point, we've just broken the channel, and indicators all suggest overbought condition. Besides, testnet will be alive in a couple of days, and the price of the news has been fully discounted.
In this context, I expect a short-term adjustment / consolidation. Maybe the price will move sideways instead of down, especially if ETH price drops (so EOSUSD drops).
Because I see much potential for EOS, I don't think it's a good idea to sell. Instead, look for good entry points.
Not
Just to follow up, I think it will stand above the original channel. In a few days, I'll update the chart again, but I think it's going to remain bullish until the ICO is over -> final target for me is 0.05ETH.Not
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.