In our last analysis. we were expecting EOS to drop for the final time. Price dropped perfectly and now we have almost completed the bearish wave.
The current C wave is broken down into 5 waves, with the 5th wave also having 5 subwaves. We are now in subwave 4 and expecting one final drop for subwave 5. It's unclear where subwave 5 will end but once we see the move down, should be pretty easy to identify where the entry point will be.
Trade Idea:
- Watch for one final drop for the 5th subwave
- Once 5th subwave appears, watch for bullish pressure on its completion
- Enter with stops below the lowest lows
- Targets: 3.6, 6.4.
- Longer term targets: 9, 14
Will be keeping a close eye on this as the risk: reward is insane.
Goodluck and as always, trade safe!
The current C wave is broken down into 5 waves, with the 5th wave also having 5 subwaves. We are now in subwave 4 and expecting one final drop for subwave 5. It's unclear where subwave 5 will end but once we see the move down, should be pretty easy to identify where the entry point will be.
Trade Idea:
- Watch for one final drop for the 5th subwave
- Once 5th subwave appears, watch for bullish pressure on its completion
- Enter with stops below the lowest lows
- Targets: 3.6, 6.4.
- Longer term targets: 9, 14
Will be keeping a close eye on this as the risk: reward is insane.
Goodluck and as always, trade safe!
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Crypto: t.me/Crypto_Wick
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