Haejin
Short

EOS is Targeting the 0.88 or 0.94 Fib Levels in this Correction

BITFINEX:EOSUSD   EOS / Dollar
A definite five wave impulse since Dec. of 2018 and per Elliott Waves ; all impulses are followed by the requisite correction.
And that correction is in progress for EOS in an elaborate ABC with red A subwaves showing a text book Leading Diagonal carving.

With Red A and B likely complete, red C has already onset and since hit has already exceeded the 0.78; the the square root of 0.78 is 0.88 which will
be likely next target. Given how Alts always take to the extreme, I wouldn't be surprised if the 0.94 level ends up having greater price affinity.

The "THEME" for 2017 was "Alt Season". However, the theme for this cycle is likely to be the "Wanteds" vs the "Unwanteds" in the Altcoin population.
The "unwatneds" will be left behind; very similar to the dot.com fiasco.

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