cryptodisco

EOS Elliot Wave Prediction 0.618 Retrace

BITFINEX:EOSUSD   EOS / Dollar
Hello Traders,

Here is a projected EW count for EOS .

This count is assuming EOS retraces to the 0.618 fib before commencing its pre main net launch space pump.
Comment: This is such a speculative chart, nobody knows how long that retrace will take or what fib its going to bounce off. Both things kinda important for the set up pump till launch day. Lets see what happens. Please write in the comments below what fib you think its going to retrace to.
Comment: I am becoming more certain we will bounce on the 0.618. Look below at the fibs we have already hit. Next logical step is the 0.5 with C, then bounce to 0.382 for D and then finally the 0.618 which has the support of the 200 EMA.
Comment:
Comment: The size of the daily MACD is something else.
Comment: sorry wrong picture.
Comment: Ok well we got here, 20 days after posting the chart. Will it bounce?

Comments

This is great. Thanks.
+1 Reply
do you really think it will hit 12?
Reply
cryptodisco ruben3237
@rubenjtorres, yeh i do actually. it was a bit of a parabolic move up and thats the golden ratio, perfect for main net launch pump imo.
Reply
RealMcafee ruben3237
@rubenjtorres, Do yourself a favour and split your buys over different levels. Relying on hitting one extreme retrace target with such a bullish coin is risky.
+1 Reply
cryptodisco RealMcafee
@RealMcafee, good advice man.
Reply
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