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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

EOS: A Higher Resolution View

BY: @haejin | CREATED: Jan. 31, 2018, 12:43 p.m. | VOTES: 332 | PAYOUT: $221.64 | [ VOTE ]

[IMAGE: https://steemitimages.com/DQmbHi7XWiw3s6tottAkr4qqantrsxCZSew5iiMLSQU7XQc/image.png]

SUMMARY

While it would seem expectant for EOS to carve out a nice and simple abc correction as shown below, by now we all know that Altcoin corrections are nothing but simple. The below chart can complete but it looks too quick.

[IMAGE: https://steemitimages.com/DQmWqfujKDmGvz5fcP9JuZyba4TUZPBkWxufbiY2GtP2onk/image.png]

Subwaves almost always help better elucidate the progression and the below shows how the final C wave could traverse. However, I would not be surprised by more and extended lateral move after the last wave 5 is complete.
[IMAGE: https://steemitimages.com/DQmZjaG259ctizNQ8zWgFBPkjC5Tspot9QwunAq29abZuV6/image.png]

I believe the correction is better represented as below in that while the lower low can be tagged, the correction end point could be not until well into February. However, with $7.7 Bil in market Cap, EOS could soon adopt the behavior of BTC or the traits of the bigger coins which like Bitcoin doesn't express the Hurry Up & Wait as much. It would be interesting if such morphs can be observed.
[IMAGE: https://steemitimages.com/DQmSdcUsi8LDwuBqU4tsmJjQfPHKTMHr1XVoqe46KYYgg6Z/image.png]

Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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TAGS: [ #eos ] [ #money ] [ #cryptocurrency ] [ #blockchain ] [ #altcoins ]

Replies

@molfzart92 | Jan. 31, 2018, 12:46 p.m. | Votes: 16 | [ VOTE ]

I hope this correction ends sooner than later, feels like we've been waiting for ages. Patience is a virtue, aye?

@nick300 | Feb. 1, 2018, 1:14 a.m. | Votes: 1 | [ VOTE ]

The ENTIRE Market has been correcting for several weeks now. Look at this as a buying opportunity. And be happy. Analyse what happened same time last year and you will see how between January to March, the Crypto Market acts the way its acting right now. Buy the Dips and ReLaX...

@faisalusman | Jan. 31, 2018, 12:46 p.m. | Votes: 0 | [ VOTE ]

Yeah pretty simple and predictable analysis. I agree with your analysis. Drop is coming in EOS too.

@mers | Jan. 31, 2018, 12:47 p.m. | Votes: 15 | [ VOTE ]

I was just wondering if the corrected figures would start to climb up again after the forking. Or in the long run, would it rally up again?

@sulev | Jan. 31, 2018, 12:47 p.m. | Votes: 16 | [ VOTE ]

good I got out (so I can buy back later) :D

@japan1 | Jan. 31, 2018, 12:48 p.m. | Votes: 23 | [ VOTE ]

Three weeks ago you were calling $46. https://steemit.com/dtube/@haejin/ddoz2lct

@molfzart92 | Jan. 31, 2018, 12:51 p.m. | Votes: 0 | [ VOTE ]

LOL was wondering about that too...

@banana-split | Jan. 31, 2018, 12:58 p.m. | Votes: 1 | [ VOTE ]

we are way past that come on, get over with this already. BTC is correcting as well as all alts. It'll go up after this is done.

@erit2018 | Jan. 31, 2018, 1:02 p.m. | Votes: 2 | [ VOTE ]

Has anything changed in the past three weeks? Oh welcome to the fluid world of trading; if you want couch potato stocks take a low-risk index fund and get your 2% annual returns

@atmosblack | Jan. 31, 2018, 1:26 p.m. | Votes: 1 | [ VOTE ]

No, actually nothing has changed with EOS in the past 3 weeks and that´s the point.
The only thing that changed is that BTC is going down and therefore the fictional $ value and the funny, colorful lines in the fictional chart. But everyone knows, that these drawings are just for entertainment purposes and not real fortunetelling!

@erit2018 | Jan. 31, 2018, 7:36 p.m. | Votes: 3 | [ VOTE ]

Technical Analysis is for intellectual people who see the world mathematically, if Technical Analysis doesn't help you then it speaks towards your level of cognitive ability. Fibonacci ratios aren't fictional; I figure not everyone is meant to be a trader, I think the Superbowl is coming up buddy - go watch football.

@atmosblack | Jan. 31, 2018, 8:24 p.m. | Votes: 1 | [ VOTE ]

haha that was funny - looking at my superbowl prediction, I can already see, that the Patriots will win... like every fucking year... that was easy.... oh, and by the way, I learned TA when I was 14 - just because I was bored back then and there was no football on... until I got bored by it too and moved on to astrology, which is also about numbers and shit... seriously...

@devrim | Jan. 31, 2018, 1:58 p.m. | Votes: 4 | [ VOTE ]

Stupids should not be in cryptos.

@nick300 | Feb. 1, 2018, 1:17 a.m. | Votes: 0 | [ VOTE ]

If you don't understand what Analyzing & Charting is, them why post? Haejin is a highly experienced chart analyseR. But he can't predict mass market corrections. Nor can you. So get over it.

@daxillix | Feb. 1, 2018, 1:37 p.m. | Votes: 0 | [ VOTE ]

no obviously he does not have the ability to see the future , but based on his well versed analysis over three different possible scenarios and simply stating that the 3rd seems most probable as far as what the correction might look close to is an educated inference. Why u mad bro

@gregor82 | Jan. 31, 2018, 12:50 p.m. | Votes: 0 | [ VOTE ]

Please check the new coin Telcoin!! High potential!!
https://steemit.com/steem/@gregor82/new-coins-on-the-blog-part-2-telcoin-hype-or-real

@markb4th | Jan. 31, 2018, 12:52 p.m. | Votes: 15 | [ VOTE ]

Hard to look past EOS with our very own Dan Larimer involved. Get behind everything he does and you won't go far wrong.

@sbsparts | Jan. 31, 2018, 12:52 p.m. | Votes: 16 | [ VOTE ]

Very entertained. I'll be sure to sent you a few bitcoins.

@comstar | Jan. 31, 2018, 1 p.m. | Votes: 2 | [ VOTE ]

Quite informative and educative from @haejin

@momoe0403 | Jan. 31, 2018, 1:02 p.m. | Votes: 6 | [ VOTE ]

단 한분도 제대로 된 답변을 못하는 질문

비트코인

채굴하는 사람이 컴퓨팅파워를 제공하고 수수료 받아서 거래를 승인해주잖아요?

그럼 채굴장이나 채굴하는사람이 급격하게 줄거나 없어지면 거래자체가 거의 안되다시피 대기물량이 쌓여버리거나

거래 아예 안되는거 아니에요?

또한 모두 채굴되기전에 난이도가 너무 상승하거나 비트코인 시세가 어떤 시장의 충격에 의해 손익분기점 밑으로 떨어진다면요?

채산성이 손익분기점을 마이너스로 바닥쳐버리면 채굴장이 손해보면서 운영할까요??

내일도 당장 벌어질수잇는일 아닌가요?

pow 생산방식 하드포크를해 라이트닝 네트워크가 얼마만큼의 효율로 채굴업체가 감소해도 처리가 원활히 될지는 모르겟지만

현재 상태로는 너무 끝이 보이는거아닌가 해서요..

그렇다고 컴퓨터성능이 획기적으로 발전할일도 없고요

지금 컴퓨터만 봐도 거의 cpu헤르쯔에 한계에 다다러서 근 5년이상 멀티코어를 늘리는형태로 발전해오고 있잖아요?

단시간에 획기적으로 성능이 개선될수는 없다보고요

상태에서 어떤 획기적인 아이디어로 거래시 채굴자가 필요없는 하드포크가 나온다면 이걱정은 사라질거라 보입니다만

비트코인이 가능할까 싶습니다

채굴자의 손익분기점밑으로는 망하지않으려 우지한같은 코인소유 고래가 가격방어를 하리라 봅니다만

~단합이 안되고 먼저빠져나오려는 채굴장들의 비트코인던지기 투매가 시작이된다면 우지한도 못막을거라 보이는데 말이죠

오히려 가격방어측면에서 보면 채굴장의 중국 중앙화가 더 좋은 이점은 있네요

세계에 널리퍼져잇었다면 누가 단합되서 방어를 할까요 ??;;

@tokyoin | Jan. 31, 2018, 2:10 p.m. | Votes: 9 | [ VOTE ]

Once EOS really launches...we will see what vertical price movement looks like!

@rob13 | Feb. 2, 2018, 11:52 p.m. | Votes: 0 | [ VOTE ]

agree, been in since the early days

@siambull | Jan. 31, 2018, 2:33 p.m. | Votes: 2 | [ VOTE ]

The analysis should be a joke. 😂 In all honesty, you have a positive attitude from 10 EOS analyzes. And of the 10 analyzes, few were even close enough. Sorry but 👎🏻

@xlerate | Jan. 31, 2018, 3:39 p.m. | Votes: 2 | [ VOTE ]

Not sure about you but I bought on the last dip at$8 and sold at $14. Made out with a hefty profit of 40%. Curious if you are a hater or a troll. I've made 10 of thousands on various analysis from this gentleman.

@siambull | Jan. 31, 2018, 3:43 p.m. | Votes: 2 | [ VOTE ]

Good luck ignorant troll 😂😂😂

@marvirafael | Feb. 1, 2018, 3:27 a.m. | Votes: 1 | [ VOTE ]

haejin called the bottom at 45 cents something. check it out.

@siambull | Feb. 1, 2018, 8:12 a.m. | Votes: 1 | [ VOTE ]

Correctly. Absolutely nonsense. Would have to be banned.

@mitrado | Jan. 31, 2018, 6:11 p.m. | Votes: 16 | [ VOTE ]

And... Team Commie Bernies strikes again:

[IMAGE: https://steemitimages.com/DQmQaAJy23djMK5eNeGDdoHATjxWCnGAQtMftc7pHsMsXSw/20110123_133926000_iOS.jpg]

Steemit Is Ruled By A Communist Party
https://steemit.com/steem/@lexiconical/steemit-is-ruled-by-a-communist-party-flags-wars-look-worse-to-investors-than-the-rampant-abuse-they-claim-to-fight

Are you accidentally helping Rand0whale as a self appointed Steemit censor?
https://steemit.com/steemit/@tarquinmaine/is-rand0whale-the-self-appointed-steemit-censor

Whales and others, their behaviour on full display
https://steemit.com/whales/@taskmaster4450/whales-and-others-their-behavior-on-full-display

@nick300 | Feb. 1, 2018, 1:12 a.m. | Votes: 4 | [ VOTE ]

EOS is a great long term hold. It's a must have, and its ICO implementation platform is genius. You want to know why, simply ask.

@chovie | Feb. 2, 2018, 3:57 a.m. | Votes: 0 | [ VOTE ]

why

@nick300 | July 21, 2018, 12:51 a.m. | Votes: 0 | [ VOTE ]

My apologies for this late response. I still haven't fully figured out Steemit totally. Well, because it helps eliminate whales from buying up a very large portion in a short period of time, then dumping it on the exchange for a high price, driving the price down, only to buy back much cheaper, doubling and even tripling there original holdings.
Now, more than 1 whale perform can perform this technique. At least with a 1 year ICO, they cannot perform such a thing. They cannot manipulate the price as easily. That is why...

@chovie | July 28, 2018, 11:40 a.m. | Votes: 0 | [ VOTE ]

EOS hasn't done much

@christianfoto | Feb. 1, 2018, 3:47 a.m. | Votes: 1 | [ VOTE ]

new's cryptos and news horizons

@daverex | Feb. 1, 2018, 4:04 a.m. | Votes: 4 | [ VOTE ]

I see a triangle and a pump imminent... its been testing that $15, maybe this time will be the time. Would love to see EOS in the 20's with a $30 hit but simply stabilize and consolidate in the 20s till the summer.
[IMAGE: https://steemitimages.com/DQmabA6B7hQPVbmwziH1RZcYt4TAW4JjQ7FJzsuWbPqPJHw/image.png]

@daverex | Feb. 1, 2018, 4:07 a.m. | Votes: 2 | [ VOTE ]

https://steemit.com/eos/@daverex/eos-to-pop-up-100-time-to-buy

@zonpower | Feb. 1, 2018, 5:26 a.m. | Votes: 0 | [ VOTE ]

Not feeling EOS. Seems to be taking too long to 'really lauch'. I would rather stick with ETH LTC PPT and VERI.

@healthiswealth | Feb. 1, 2018, 2:56 p.m. | Votes: 0 | [ VOTE ]

I am buying more EOS @ $5.25

@inertia | Feb. 3, 2018, 9:16 a.m. | Votes: 7 | [ VOTE ]

Umm, no. That's not the correct chart. Here's the correct chart ...

[IMAGE: https://steemitimages.com/DQmNqHQkH9zM1chRzmbK1ve1nZPwhK1s1khoXbhS9V1Vz8e/image.png]

@dang007 | Feb. 4, 2018, 1:41 a.m. | Votes: 0 | [ VOTE ]

im surprise you have time to watch that bs, who care about the chart.

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