January 15th 2017, ETH was at such a mouthwatering price ($9.90) that one could only dream of having a time machine to go back and be able to buy at such a ridiculously low price.
We may not be able to go back in time but, if one is smart and understands the market and truly believes in the value of Blockchain technology. EOS could be ETH's peer in many ways, or better yet ETH could be the teacher and EOS is the student.
A wise man once said, "The ideal teacher student relationship exists when the student is better than the teacher."
@MaxL82, thank your for the comment. Would you be referring too EOS passing ETH? or did you mean something else?
MaxL82
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@JohnnyCrypto128, I was referring to your chart and count. Can't see what could impact the price so much.
phloatpill
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@MaxL82, just because you can't see it doesn't mean anything. Volume is anemic. The $14.75 has some MAJOR resistance and may have shaken out a lot of the buyers. Not to mention I could see an ABC retrace after the 5th elliot wave that has taken place. I'm not saying it WILL happen...but it is a real possibility.
MaxL82
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@phloatpill, In any case it smart to secure some gain :)
Thnx for analysis.
JohnnyCrypto128
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@MaxL82, @phloatpill, T&A, is a game of probabilities, anything is possible but there are only so many probable outcomes in most situations. This is just one probable pathway for EOS, in any market awareness is key. I'm a strong believer in EOS, what I will say is that BTC will impact the directions most if not all of these coins choose to go into. Thank you both for your comments and insight, I simply chart what I see and what the rules of the Elliot wave theories state. Happy hunting!!!