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EuroMotif
May 3, 2019 1:41 PM

EOSUSD needs to hold $5.00 to see $7.50 : per Fib from Bottom 

EOS / DollarBitfinex

Description

EOS has been lagging in the bull run of large cap coins.
But it has been following a clear rhythm since the bottom.
If bulls hold the 5.618 around $5, then the 9.618 is possible.

If the 5.618 breaks, then the 4.618 is absoulute last stand.
If the 4.618 breaks, then we may have a serious correction.
If the 4.618 hist and bounces, then the 8.236 is likely top.

Comment

Currently facing rejection from 6 with an exact Ping of the 6.236 from underside
So now we look to the 5.618 and $5.00 round figure for support.

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Comments
DACapitalTrading
Great Setup following you now! I have a short Position running on EOS what do you think?
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