Despite the (Crypto) ongoing Bear Market, EOS is still in Wave III. - i.e. a Wave of Massive Growth.
--- WAVE I ---
• Wave I (Accumulation Phase) took us (the EOS Community) from $0.50 to a High of $18.00+ (Just Imagine what Wave III is going to be)
• Wave I was, itself, a Perfect 5-SubWaves Impulse Wave.
• Wave I was a Growth of 3,600%.
--- WAVE II ---
• Wave II (First Correction) was a (very typical) ABC correction.
• Wave II took us (the EOS Community) from a High of $18.00 to a low of around $4.00
• Wave II was a very Deep, very Severe correction (as it should be) that took EOS back at Wave I's SubWave II level.
--- Wave III ---
• After Wave II comes Wave III ( the MASSIVE Growth Phase; also known as the Public Participation Phase )
• SubWave I (of the currently ongoing Wave III) took us from $4.00 to a high of around $22.00-$22.50
• SubWave I represented a Growth of 560+ %
• SubWave II (of Wave III) seems to be currently going on. (or it could, also, be finished)
AT ITS LOWEST, SUBWAVE II (OF WAVE III) COULD TAKE US BACK TO $5.50 WHICH REPRESENTS SUBWAVE I'S SUB-SUBWAVE II
• Whatever happens, SubWave II is currently (or almost finished) as it has done what it was intended to do.... which is ERASING ALMOST ALL THE GAINS from the First Subwave.
• The upcoming Subwave III (of Wave III) will likely represent the FASTEST, MOST EXPLOSIVE GROWTH PHASE/WAVE of ALL THE CYCLE as it represents the BIGGEST BULL SUBWAVE of the BIGGEST BULL WAVE ( III ) of the Full Elliott Growth Cycle.
BE PREPARED to see EOS trading ABOVE the $30-$35 mark before the End of the Summer Season.