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holonguyen
May 7, 2018 9:07 AM

EOS will go down next week 

EOS / DollarBitfinex

Description

EOS will go down next week
Comments
RajivKapri
be careful , dont get burn shorting, eos is hot now, until mainnet launch.

Eos is the strongest one most out there, probably will see 2rd or 3th rank on coinmarketcap soon ,, replacing BCASH and ripple for sure ,, clearly 16$ level is strong support, i guess its ready for another run till end of this month once 20$ resistance break ,,, most probably 30$-35$ soon!!!
DocAMG
@RajivKapri, I agree. My target is 34. Then a little correction to 30 then all the way to $51. Shorting is too dangerous at this time.
keiken
I wish for this, but can you explain your thought deeper?
bitcoinbtc
@keiken, In the mean time Eos is good rate but elliot waves will show all thing will down trend to 12 USD .At that time is strong support and go up.I will update when 12 USD target
RaulPuiu
Are you sure that wave 5 can be the same height as wave 3 in Elliot Waves?
DocAMG
@RaulPuiu, in case of a truncated 5th, it can be a little below/up the 3rd wave top or bottom respectively.
bitcoinbtc
@RaulPuiu, Wave 3 Extension so wave 5 failed and keep continue down trend for A to C
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