4th July EOS Analysis [Updated]

in eos •  7 years ago  (edited)


Analysis


If we see BTC move down further,
We can expect EOS to drop to hit regions
of the .618-.65 and even the .768

The 1:1 Extension of the correction hasn't been completed
Assumption: EOS will drop further to at least the .618 region

Should it hit the 1.618 extension without a rebound
It would become a failed wave up.

My initial count will be invalid.

Detailed Look 15min Chart


Detailed Look 1H Chart


Update


Bought only at the 0.5 region. BTC moved, giving EOS a 7% spike.

eos cryptocurrency technical analysis trading
7 years ago by

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