EOS : Analysis: Is the Correction Over?

in bitcoin •  7 years ago 

SUMMARY

Still, there is a scenario for a one more slightly lower low if price wanted closer proximity to the Apex. IF price decides to get closer to the Apex; the destination would remain little changed; only the pathway would differ. The red ABC waves have been labeled and the subwaves fall well into place.

The future price pathway projection shows primary to be the blue Elliott Waves with a target of 2,254 Satoshi.


To this end, I wanted to share some attributes of the September 2017 correction and how it could have some fractal influences to this current recovery. Fibonacci measurement shows a 0.78 correction level.

The early recovery of the September correction also looked very corrective in that it seemed very three wavish.


Legal Disclaimer: This post is for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this post has been researched and is thought to be reasonable and accurate, I cannot and do not guarantee any rate of return or investment timeline based on the information presented herein.

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good info

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