DorisKat

EOSBTC Fifth wave?

Long
DorisKat Updated   
BINANCE:EOSBTC   EOS / Bitcoin
EOSBTC Fifth wave?
It seems that the EOS is not going to stop.
He successfully achieved the first goal on our previous recommendation.
We see a tapering triangle in the case of breaking through which the next wave of growth awaits us. Elliot agreed it could be the fifth wave and our next target will be 0.00090000. if we successfully overcome it, then the next target may be 0.00100000.
After that, a good correction should follow.
If the buyers now have enough strength, then a small correction may follow now, from the level of 0.00081000.
Those who opened positions earlier, I advise you to move the stop loss into a break-even position.
For those who are just going to open positions, it is better to wait for the triangle to break up, or wait for correction and buy a coin after that.
We will continue to monitor this coin.
All good trade and good luck!
Comment:
Good day to all!
The EOS failed to break the triangle and began correction.
So far, the price has found support slightly higher than 0.5. FIBO, if you manage to stay at this level, there will be a good chance for a rapid growth. If not, then we are waiting for support at 0.00062 and consolidation.
In general, the coin has good prospects this year.
We continue watching the coin.
Good luck and good trading!
Trade closed: target reached:
The price was kept at the level of 68,000 Satoshi or 0.5 local FIBO, and as we expected the price again continued its way to achieving the set goals.
Congratulations to all who believed in its strength and stayed in the trade. The price has reached 90,000 Satoshi, which represents about 15% of the initial idea and more than 30% since the goal was clarified.
As we suggested on the chart, the price after that went into correction.
The next target can be 100,000 satosh and more.
We continue to monitor the price and trade according to our trading plan.
Good luck and good trading!

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