[Technical Analysis] EOS <> BTC – Another bull run
EOS / BTC is showing healthy support above 0.0017 BTC after the coin swap event. Fundamentally, it’s looking promising and bullish because of upcoming airdrops. The general investor sentiment showing positive sign overall.
On weekly technical analysis part, there are 12 buy signals and 9 neutral signals posted for on trading view.
Social Media Sentiments:
People’s questioning will Daniel Larimer leave EOS? While, he was rather chatty today at EOS Core channel – “We are creating a social platform” No Timeline yet but Dan will stay put and develop more dapps on EOS – Many great things to come $EOSIO#SocialMedia #Blockchain pic.twitter.com/7Yj6NQ8iJI
— Bento Box (@CryptoOwls) June 8, 2018
$EOS futures getting added to #bitmex https://t.co/7XocCTli1p pic.twitter.com/7Wlk5orFdP
— Yarr The Crypto Pirate (@YarrPiratez) June 7, 2018
Dan Larimer confirms updates, but no hard forks. First update coming tomorrow! $eos #eosio pic.twitter.com/xqV8jzxfcE
— rektkid (@rektkid_) June 7, 2018
Technical charts
Buy-in Price: 0.0017-0.0018 BTC
Sell Targets:
Target1: 0.0020 BTC
Target2: 0.0022 BTC
Target3: 0.0024 BTC
Stop Loss: 0.00155 BTC
Note: Not an investment advise, do your own research before investing.
Hitesh Malviya is the Founder of ItsBlockchain. He is one of the most early adopters of blockchain & cryptocurrency enthusiast in India. After being into space for a few years, he started IBC in 2016 to help other early adopters learn about the technology.
Before IBC, Hitesh has founded 4 companies in the cyber security & IT space.
