Eos looking good for a potential move to the upside with a WXY correction or a flat. If it will be a flat the price must go impulsivly for a C wave. If it will be a complex correction than we must expect for an abc move to the upside to complete the Y wave. Wave W(red) or A (flat) is a complex correction, wave X (red) or B (flat) is an extended flat...
Check for a consolitation of the price in the pullback buy zone, look for a RSI 50 or a stoch RSI signal, and a reversal of the market dominance of the BTC .
Follow-up to May 2018 TA, we had a dead cat bounce at 61.8% fib level up to 50% fib level and the market was exhausted. Bringing EOS back to Support 1, consolidated for a while, then further selling until reaching S2 which is the current level of $7.00. Next level down is S3 @ $6.00. Now is a Good place to cost average buying. RSI overbought. *Not financial...
EOS after a monster run to 23 went into a free fall. we are now starting to experience a bottoming pattern. after a drop to near 10 dollars we consolidated in that 10-12 range for some time churning out some new buyers. Of recent the coin has started to make its move higher and break levels of resistance making a quick run to 15. This past week we have...