If you have been in the crypto service long enough you know I see strong potential in EOS. This is due to the high X wave we saw in the middle of the crypto bear market in 2018. This is sign of a trend begging to continue. At worst we should expect a C wave up to $57 even if this entire structure is corrective and the late 2018 low holds. However, if impulsive. we hav eone key milestones already hit with the run to the 50% extension in 2019. And, we appear to be heading for the .618 extension off the wave ii bottom in 2020, another key milestone. This sets us up nicely for the next milestone being the third of the third. At a minimum this should hit $57 but the ideal target for the third of the third is $142. This is V/(iii) on my 1 day chart. At first we need to see EOS make one more high on my micro chart that I post regularly.
I am still considering biasing my holdings toward EOS over Bitcoin. However, I trade Bitcoin options and on leverage, so being able to outperform Bitcoin is difficult for me. However, the first step in this consideration is seeing EOSBTC make a key trend change. Over the weekend we held key support but as shown, I need to see a run to .00056 to believe confidently that we have five waves off the recent lows in this pair.