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imkeshav
12 de Abr. de 2019 19:28

$EOS - Price restored. Job well done! Corto

EOS / DollarBitfinex

Descripción

With so many achievements, the price is overextended and a correction is imminent. It's quite extraordinary that EOS has recovered the price just before the capitulation of Nov'18 and probably the first in top 10 to hit the 350 DMA line.

  • Price completely recovered to Nov'18 levels
  • Hits the 350 Day MA line. Strong resistance
  • 5 Waves (Green) are done. ABC correction should follow
  • Reached the blue channel top


After 5 waves are done, its hard to judge the correction target. But I left 2 possibilities based on the Fib levels.

Comentarios

Comentarios

EOS on the way to our first target at 0.382 Fib. Hope this helped
Comentarios
YourFriendFrank
Wave 4 cannot overlap 1 is one of the rules.
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