BTCStrategies

EOS Pushing the barrier again

BTCStrategies Aktualisiert   
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.
Kommentar:
BTC has forced a pump of value into EOS.
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
Kommentar:
The value of EOS is still BTC derived. If BTC can continue to climb, EOS will as well.
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