EOS/USDT Elliott Wave count 12H TFEos 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 correction.
Wait for a breakout above 1.225 to enter long with targerts into the 2.20 - 2.70 zone and stop lose under the 5th wave (blue) from wave C from flat that is forming X (red) or B (flat) but I will update when we have more price action.
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Thank you and good luck!
Eosud
EOS potential with bull run depending of btc market dominanceCheck 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 .
EOS SCREAMING Buy ! Long - Shooting for a Double $14.00Follow-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 advice, but we believe in platform. Free transaction costs, 7000 tps, and strong community. We are long. Comments welcome.
EOS bottoming pattern
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 started to develop a flag pattern with a lid on it under the 50sma. Intraday on our 15minute chart we got a nice spike the last few hours and are starting to build some range here in this 14 range in the next few hours as it rests and builds up power! if it can break these intraday highs we should get a run propelling this to the 16s
