Based on Support/Resistance:
1. Weekly SRSI is pretty high. Then? Correction to a previously Resistance at about $4 is expected.
2. EOS fundamentally scores 912 out of 1000. Why?
3. Last weeks' Negative Hi Candle is confirming that more correction is possible.
4. If Elliot Waves Counting is done correctly, then it continues correcting for a couple of weeks.
5. The Stronger the 3rd Waves, the weaker the 5th one & vice versa. (This is very important).
6. Correction & Growth can happen sooner or later. Time & Price distortions are natural.
Do it simple. Forget Complicated painting instead of analysis.
Not a financial advice.
1. Weekly SRSI is pretty high. Then? Correction to a previously Resistance at about $4 is expected.
2. EOS fundamentally scores 912 out of 1000. Why?
3. Last weeks' Negative Hi Candle is confirming that more correction is possible.
4. If Elliot Waves Counting is done correctly, then it continues correcting for a couple of weeks.
5. The Stronger the 3rd Waves, the weaker the 5th one & vice versa. (This is very important).
6. Correction & Growth can happen sooner or later. Time & Price distortions are natural.
Do it simple. Forget Complicated painting instead of analysis.
Not a financial advice.