iBankCoin
CAPS LOCK IS CRUISE CONTROL FOR AWESOME
Joined May 7, 2012
113 Blog Posts

Booked Some EOS Profit

I added to my EOS position March 27 at ~$6.15. Booked a 185% gain in just over a month. I am letting the principal ride as this is pure profit harvesting.

Did I sell the recent top? Nope. Called it, didn’t trade it. Story of my life. This chart was screaming sell. I mark the 4.618 fib as overbought on all my charts. Problem was EOS blew past that to $23 and I switched gears to charting EOS at $50 because I am greedy animal trained in the crypto circus to always push my luck.

EOS may hit $50, but not in one sweep. The once in a lifetime run of ETH from $6 to $1,000 in 2017 is not guaranteed to repeat. Given I’m in EOS under $5 for my core holding I have plenty of room to play this lotto ticket.

Overall the crypto market is dancing on the edge of a cliff. So many charts have bullish setups but if this rally fails it’s a quick trip down an elevator to hell. Couple of charts I’m watching.

BTC falling out of this pitchfork could move entire market down. Breaking the double top may put BTC in bull mode and could decimate most alts near term.

BCH has an Adam and Eve PLUS a Cup and Handle PLUS heavy resistance at the triple top. Flip a coin. One thing, if BCH breaks $1600 I expect it will explode upwards.

Long term Crypto is still a once in a lifetime investment opportunity. And it’s volatile.

Near term, whichever way the market moves next will set the tone for Summer.

 

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6 comments

  1. heckler

    wow that song / video i gotta check out some more Minaj

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    • probucks

      Better late than never…. PINKPRINT was the only female rap album I’ve purchased in the last decade.

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  2. probucks

    It seems these crypto plays are all just gambles on technical analysis set ups and waves of crypto trendyness

    Too many coins out there and none of them have any real world utility

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  3. oldmantrader

    Caught a nice chunk of $ BCH from 1502 Selling come at 1642/1811. Looks to me like it could drop to next support of 1510-29.
    Thoughts?

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  4. alittleknowledge
    alittleknowledge

    Nice buy on EOS.
    I have a tiny bit.

    ot
    gootube alternatives

    get paid on DTube
    https://www.corbettreport.com/dan-dicks-on-steemit-dtube-and-the-alt-media/

    dry interview w annoying howler monkeys? but it’s a start:
    https://www.corbettreport.com/interview-1356-ray-vahey-presents-bitchute/

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