EOS time Prediction and price target on the chart
Hi All,
This is my simple prediction for EOS in the next 23H from the moment of posting this post, 7:15 PM UTC +2, done on the basis of simple math/averages over the bottoms and the tops of the waves of EOS. Of course, Bitcoin still plays a major role here, but overall even in the past as you can see the major downs are caused when Bitcoin dumps and this also causes the altcoins to follow on the sell-off. Unless BTC has some huge major break up to 52-58K or down to 28-36k, then this overall seems like a possible next target at just shy of 5.00 Euro. Looking to see if this plays out as expected.
As always, this is not financial advice and this is just my own prediction.
This is my simple prediction for EOS in the next 23H from the moment of posting this post, 7:15 PM UTC +2, done on the basis of simple math/averages over the bottoms and the tops of the waves of EOS. Of course, Bitcoin still plays a major role here, but overall even in the past as you can see the major downs are caused when Bitcoin dumps and this also causes the altcoins to follow on the sell-off. Unless BTC has some huge major break up to 52-58K or down to 28-36k, then this overall seems like a possible next target at just shy of 5.00 Euro. Looking to see if this plays out as expected.
As always, this is not financial advice and this is just my own prediction.
As mentioned, this whole market is still super dependent on BTC, and as result, the correction from 49k to 45.8k of BTC over last night has caused almost all ALT's to bleed. Therefore, we are severely knocked off track to the target. the question here really is if a recovery is possible, or, it looks like a shift indeed towards BTC now is imminent, and as most alt's have already somewhat pumped, we are at the bottom of a barrel, until BTC makes its next major move it is not really possible to indicate where we will go. WE fell quite below the trendline, and this is overall not a good sign.