[18-07-2018]Expect EOS Above $10-Top five professional Analyst

[bitzamp.com]

These top 5 professional charting analysts have predicted that EOS will continue to witness bullish run to above $10 after a temporary pullback. EOS stands as the 4th largest traded coins among the top 100 cryptocurrencies in the industry.



                                                  1st Analyst On EOS.

Chart Analysis.

Another bullish flag pattern, this time on EOS.

This pattern has high probability of reaching the profit target should a break above Point (B) occur.

Use STOP-LIMIT order to catch the move and place stops below Point (C) when in a position.

If price fails to break Point (B) and drops below Point (C), trade setup is invalidated.

This is my FAVORITE pattern to trade in a BULL trend.

Take note the supply zone shaded in blue. There will be selling pressure in this area so trail/manage stops to lock in profits.



Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.

7 hours ago

Trade active: Triggered the entry price. Interestingly, Bitcoin is trying to pump which would help this trade.


                                                                                  2nd Analysis

Analysis


Scenario #1
If EOS holds higher swing low (and BTC 1.12% too), then BUY retracement.
-Risky- buy big volume and reversal candle
-Safer- buy breakout of S/R formed at Lower swing low (right shoulder)
-Safest- add quantity breaking pattern at $10

Potential Head and Shoulders bottom- LAGGARD fractal from BTC 1.12% .

-----------------

Scenario #2
If EOS breaks $10, then BUY BREAKout.- Contingent on BTC 1.12% moving further NORTH.
-Daily indicators have plenty of room to move north

--------- my tracking-------
CON- boat half loaded
averaged $7.76

PRO- safer entry

Read More: https://bitzamp.com/expect-eos-above-10-top-five-professional-analyst/

[o_e_l_e_o]

Professional? Lmfao. You mean five random anonymous strangers on the internet.

Here's my professional analysis: EOS is a centralized scam, with the block producers printing themselves more coins and able to steal your coins at any time they wish. Really. I'm not making that up. I'll say it again. There are a handful of accounts that control the EOS blockchain and can reverse transactions and confiscate your coins at any time.

[Raist]

Yep. Biggest dissapointment this year. Dpos as a variant is not that bad, if we allow the possibility of different types of voting. But those reversing tranactions and account freezing... that's really horrible. Centralized crypto with "Nobles Anonymous" with unlimited power... I prefer fiat, really.

[o_e_l_e_o]

Yep. Biggest dissapointment this year. Dpos as a variant is not that bad, if we allow the possibility of different types of voting. But those reversing tranactions and account freezing... that's really horrible. Centralized crypto with "Nobles Anonymous" with unlimited power... I prefer fiat, really.

It's sad to say, but yes, fiat is better than EOS. At least when banks freeze your accounts they do so with some sort of regulatory oversight and there is an appeals procedure. With EOS your funds just disappear and then you get banned from their Telegram.