Eos was breaking out of a much bigger cup and that is now the green box target
Short and let the market show you what its gonna do. Stop loss last high
EOS has some big potential and with the all the new platforms and meetings happening this year I would expect big investments to be made in EOS. If my prediction are correct the fist wave up/down has finished, EOS is currently at the biggest resistance point in history. If it will clear the resistance it will prob. shoot further upwards. "NOT a financial...
EOS #EOS entry points. Ideally we would want to see it drop to the .618 and find support before it moons. If it doesn't drop that far then look for confirmed support on the .786. As it stands right now on the daily chart the .618 FIB and 50 day moving average are kissing. So in addition to the FIB, look for support at the 50 day moving average.
5TH Wave is going to be super short and garbage..... Just doesn't make since. If these are subwaves after this retracement the 3rd wave is gonna be HUGE
This is a high risk trade due to it's current state. If we look at the pattern, it is bearish - nothing we can do about that. Most of the times price fell after such movement, nevertheless 40% of times price broke up and stock went on a short term bull run. I will update this chart as new info comes up for my followers. Enjoy this trade with caution. Invest...
Currently in wave 5 of EOS and subwave 2. Currently in a slight retrace but aslong as we dont break the ascending support line we will carry on upwards!
EOSBTC this crypto instrument , is trending higher highs muti-time frame confirmation with dynamic pattern recognition technology Today Bullish Harami Bar adding to this potential uptrend condition our proprietary oscillator with green up arrows confirm direction in real-time maximize your performance now Follow us....