TECHNICAL ANALYSIS:
After finishing wave 1 and corrective wave 2, the price of the EOS cryptocurrency is still in the impulsive wave 3 growth cycle. The range of this wave can reach the level of the previous long-term high at the level of 0.0023.
The growth momentum has slightly decreased in the last few days, so the slight corrective pull-backs will not be unexpected.
TREND AND IMPORTANT LEVELS:
Main trend: NEUTRAL
Intermediate trend: UP
Daily trend: UP (continuation of the trend and the possibility of breaking higher after adjustment)
KEY LEVELS:
- for further increases - 0.0013 and later 0.0016
- for continuing correction - level 0.0013 and 0.00071
- for a continuation of decreases - level 0.00071
PS: If You do not want to miss another update, make sure You are following me on TradingView!
After finishing wave 1 and corrective wave 2, the price of the EOS cryptocurrency is still in the impulsive wave 3 growth cycle. The range of this wave can reach the level of the previous long-term high at the level of 0.0023.
The growth momentum has slightly decreased in the last few days, so the slight corrective pull-backs will not be unexpected.
TREND AND IMPORTANT LEVELS:
Main trend: NEUTRAL
Intermediate trend: UP
Daily trend: UP (continuation of the trend and the possibility of breaking higher after adjustment)
KEY LEVELS:
- for further increases - 0.0013 and later 0.0016
- for continuing correction - level 0.0013 and 0.00071
- for a continuation of decreases - level 0.00071
PS: If You do not want to miss another update, make sure You are following me on TradingView!
Trade active:
Wave 3 green might have been completed at the 461% Fibo at 0.001326. Now the market is in the corrective cycle: buyback zone is 50% - 61% Fibo.
New highs are anticipated.
New highs are anticipated.
