EOSUSD has just broken through the 0.618 circle and I think it will go further down next 10-15 days.
New target (currently short position): 5.1$
- Gann Square shows where next turning point will be.
- 0.786 fib circle confirms this.
- Gann Fan lines also confirm this.
- Elliot Wave Theory fits in.
- 0.5 fib reversed local from leg 5-4 says the same.
New target (currently short position): 5.1$
- Gann Square shows where next turning point will be.
- 0.786 fib circle confirms this.
- Gann Fan lines also confirm this.
- Elliot Wave Theory fits in.
- 0.5 fib reversed local from leg 5-4 says the same.
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My earlier idea:
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In a chart I made in a long time ago I found this interesting Gann Square. It seems to test the outer arc currently. Maybe a squeeze will appear in any minute?
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The small squeeze was small and it looks like it is currently in a sym. Tri. Pattern.
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...In other words it might keep on falling.
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The old chart gives target 3.3$. But I'm not sure at all :P I've never done a Gann square from an earlier top level.
Anyway right now is testing the current arc. And it doesn't look good.
Anyway right now is testing the current arc. And it doesn't look good.
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....and it went through the arc.
Order cancelled
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Even though the target never reached, we see that it is still inside the blu arc. Gann Square is a great tool!
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I've taken a closer look and made some copies of the last rally. It could work! If it holds the blue arcs, it do a massiv pump!
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Obs! Wrong picture!
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Here is my latest idea on EOSUSD:
