EOS.IO is a blockchain protocol powered by the native cryptocurrency EOS. The protocol emulates most of the attributes of a real computer including hardware (CPU(s) & GPU(s) for processing, local/RAM memory, hard-disk storage) with the computing resources distributed equally among EOS cryptocurrency holders. EOSIO operates as a smart contract platform and decentralized operating system intended for the deployment of industrial-scale decentralized applications through a decentralized autonomous corporation model. The smart contract platform claims to eliminate transaction fees and also conduct millions of transactions per second. EOS (EOS) is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications. The EOS software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters.
EOS Token (EOSBTC) Chart Analysis
EOSBTC just hit a new higher low and is forming the shape of a “V bottom”, it has the potential to move up from here. The chart is self-explanatory, let’s move straight to the trade.
If btc starts pumping to 13k then I think we can see this support level begin to break down. Getting pierced as I type this and btc charts looking pretty bullish. Be careful
Hope this gonna be a good one!
Thanks for sharing
Namaste
AlanSantana
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@Cryptobetandwin, Hoping for the same... It is my pleasure to share.
Namaste.
WorldEconomics
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Do these gains also take account for the quickly falling BTC price? Is it worth it, if your possible gains fall almost every minute?
AlanSantana
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@BankofEngland, Yes, we have a long-term strategy in place.
TradingMonk777
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Does the BTC traded chart of a coin take precedence over the USD one in your opinion?
Bluechipinvestments
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@Wixardo, This is a great question, I was just coming back to this comments section to ask the same question. @alanmasters I have been wondering, is it best to focus on just the pairing with BTC?
I have not been very successful in growth. I am questioning, if its because I keep going back to compare USD pairing as well as BTC.
AlanSantana
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@Bluechipinvestments, Each pair is different for us but we understand the connection between the different pairs throughout the market, it just can't be used as a trading guide for us.