As some of you may have noticed by now, EOS is only going up up up and it will likely continue to do so..
You could say that this is because of anticipation; major news for EOS are anticipated soon, so they buy it before it gets too expensive to get in. FOMO is already present in EOS.
But the remaining cryptos are lagging behind.
Or you could see it as I always do. Waves drive the news, not the other way around. EOS is just further ahead concerning the impulse wave structre.
So is this lagging a good thing or a bad thing ? See for yourself:
STEEM:
SBD:
ADA/ Cardano:
BTS
TRX
and probably many more...
Do you think you should "sell all your cryptos immediately" because there is going to be a crash soon, or should you buy as much as you can, as long as it is still cheap?
The market does not lie, theese structures repeat themselves over and over again.
Make your decsisons. I already did mine.
If you think this to be useful information:
Feel free to use and share my charts, but please mention me, as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
MUST READ!
DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
If you make any trades or investments after reading this post, it is completely in your own responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept to never hold me accountable for any of your losses.
Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...
Have a nice day :-)
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