The BTC 1D show us a clear Elliott wave with respected fibb ratios.
Right now (at time of publication) the ABC pattern has just hit 1.618 ratio and a long setup has presented itself.
The first XABCD pattern is not actually a XABCD pattern, the tool is used to show fibb ratios in a tidy way. The second XABCD is a Gartley pattern and is providing a long signal.
EOS is looking ready to break out and there are two likely ways for this to happen.
Prediction 1 is the completion of a bullish head and shoulders pattern with support from the short-term trend which also breaks out a symmetrical triangle.
If a Fibonacci retracement is drawn from the head to the right neck the right shoulder lands on 0.618 which indicated that the...
Wedges tend to go out the same direction they came in about 2/3 of the way across the x axis if this is true and my diagram is correct NEO should follow the arrow above the wedge. These is also a chance it could stutter a bit before going up. Tell me your thoughts on this idea i would be glad to hear them