BINANCE:EOSBTC is a strong contender against the ethereum ecosystem. Despite being one of the more promising ICOs from 2017, the project has been underappreciated & undervalued simply secondary to the nature of ICO presentation and release process. The coin was flooded into the market & then inflated results in a polarizing trend. As people realize its value, the price will continue to grow in the long term. Very rough short-term extrapolation w/targets was also done.
Entry @ 11900 (Short Targets @ 155400 & 171600)
With the positive Weiss rating & technicals, the positive bull run will likely continue.
- Elliott 3rd wave possible
- Upcoming green cloud (increased buying pressure)
- Confirm Elliott 3rd wave (exit if drops below bottom of "wave 2" or end of flag)